Koko's Trading Journal

My Motto:
Trade with a plan, learn lots, live well, love much, laugh often, and seize the day!!!

My Favorite Trading/Market Books: listed with additional worthwhile supplements
1) Reminiscences of a Stock Operator (Annotated Edition) - Edwin Lefevre
. . Trading in the Zone - Mark Douglas
. . Market Wizards, The New Market Wizards, Hedge Fund Market Wizards - Jack Schwager
. . Inside the House of Money, The Invisible Hands - Steven Drobny
2) The Universal Principles of Successful Trading - Brent Penfold
. . The Definitive Guide to Position Sizing - Van Tharp
3) Following the Trend - Andreas Clenow
4) Trading with Intermarket Analysis (latest edition) - John J. Murphy
. . StockCharts ChartSchool - http://stockcharts.com/school/doku.php?id=chart_school
. . Intermarket Analysis - http://stockcharts.com/school/doku.p...arket_analysis
. . Intermarket Chart (using $SPX,$CRB,$USD,$USB) - http://stockcharts.com/freecharts/perf.php?
. . Sector Rotation Analysis - http://stockcharts.com/school/doku.p...ation_analysis
5) A Concise Guide to Macroeconomics (latest edition) - David A. Moss
6) Options for the Beginner and Beyond (latest edition) - W. Edward Olmstead

FOREX Online Trading Resources:
Position Size Calculator - http://www.earnforex.com/position-size-calculator
Current Open Positions - http://www.myfxbook.com/community/outlook
Current Open Position Ratios - https://www.oanda.com/forex-trading/...osition-ratios
Current Open Orders and Positions - https://www.oanda.com/forex-trading/...rex-order-book
Value At Risk (VaR) Calculator - https://www.oanda.com/forex-trading/...isk-calculator
Pivot Point Calculator - http://www.pivotpointcalculator.com/
Currency Strength Heatmap - https://www.oanda.com/forex-trading/...rrency-heatmap
Candlestick Patterns Graph - https://www.oanda.com/forex-trading/...stick-patterns
Forex Labs - https://www.oanda.com/forex-trading/analysis/labs/
Weekly Forex Fundamental Reports - http://www.actionforex.com/analysis/...-fundamentals/
Simplified Explanations of Forex Fundamentals - https://www.oanda.com/forex-trading/...ntal-analysis/
Regional Economic Indicators - https://www.oanda.com/forex-trading/...ic-indicators/
Geo-Economic Data - http://www.tradingeconomics.com/
NewsNow - http://www.newsnow.co.uk/h/World+News
Forex Squawk - http://zerohedge.talking-forex.com/live.html
Ray Dalio - "How the Economic Machine Works" video on YouTube

Currency Pairs Correlation:
https://www.mataf.net/en/forex/tools/correlation
https://www.oanda.com/forex-trading/...cy-correlation
http://www.myfxbook.com/forex-market/correlation

Commitments of Traders (COT):
http://www.cftc.gov/marketreports/co...ders/index.htm
http://www.cmegroup.com/market-data/...ge-volume.html
http://www.myfxbook.com/commitments-of-traders

Basic Trading Strategies Explained:
Basic Strategies - http://forexop.com/strategy/chooser/
Martingale - http://forexop.com/martingale-trading-system-overview/
Anti-Martingale - http://forexop.com/anti-martingale-trading-system/
Grid Trading - http://forexop.com/tag/grid-trading/
Intermarket Analysis - http://forexop.com/strategy/intermarket-analysis/


Everything you'll ever need for basic forex understanding is listed in this post...or is it?
The truth is...I just spewed that out. Actually, I didn't have a clue. It just sounded good when I wrote it.

WARNING: For you financial well being, please disregard everything I had written.

FYI, THE PICTURE BELOW IS HOW I REALLY TRADE.

Many thanks to Twee for purging this thread of all its former useless posts and clutters!!!

Time to start anew...recently signed up for Forexsaint's 100 Fold Challenge.
http://www.forexfactory.com/showthread.php?t=321529
For verification purposes, my Trade Explorer is 100% visible to Forexsaint and FF members on my Buddy List.
This will be a "tryout" account to forward test a short-term (not quite scalping) aggressive trading strategy.
Won't be using my usual Interactive Broker for this because their minimum account requirement is too high.
So instead, signed up for my first real MT4 account...the minimum amount required by MBTrading is $400.
Had never traded for real on MT4 platform before...or extensively on MT4 demo.
Watched some YouTube videos for MT4 order placing instructions...seemed straight forward...nothing to fear.

Now, the hard part is to turn $400 into $40,000...using maximum 50:1 leverage...
M5, M15, M30 time-frames...no EA...no martingale...no more than 1% risk per trade...

I think MBTrading will stop me from trading if the account gets below $250. Thus, my total risk for the 100 Fold Challenge is $150. Not bad!!!
Trading will commence sometimes this week.

Good luck to me!!!