Expatfx, Trading for a Living

Hi Everyone,

Yes I am new to this site but I have read a lot here as a guest, a lot good, some not, some that got me concerned and some that put a smile on my dial when I needed a laugh.

One of the reasons that I joined this community is that I was reading a thread about making it as a Forex Trader and the member stated that you can (I totally agree with this member) and there was a few comments that you can’t and why you can’t. So I decided to come out of hiding and share my Journal here at FF in the hope that it inspires one or more to get across the line and make forex trading work for them.

Now to make a point,

There is a lot of talk out there (www) about systems which one’s work or don’t work, why indicators are best or fundamentals are better or Price Action is the only indicator for blah blah blah. The thing is everyone is different and being such has a different personality and will be better matched to a system that maybe different to the next person, you need to find a system that works best for your personality type and then master the use of this system and either before hand or somewhere along the way master yourself in allowing yourself to use the said system effectively.

The one sign that you need to do some work on either your system or yourself is the results you are getting in the market, thats the best indicator out there.

Now I need to finish this post as my little girl has just woken up from her afternoon sleep, so basically I am going to share my trading results in my journal and god willing show people that it can be done.

Will share more in my next post.

Will be trading from Monday 21/10/2013.

Talk soon

Expatfx

Exactly. If you're making money, then your method is OK. People can be so skeptical about what they don't even know. If your system works for you, then you're king. Good luck with your trading!

Hi Everyone sorry about the lack of communication,

Update from the last post all that time ago, well moved to Bali and the internet was hopeless and were there for a little over six weeks so took a break.
then we flew back to the land of Oz where our internet provider (as e moved into our new house) decided to delay our internet connection by 2 weeks (thanks Telstra) and then I got sick and decided to take on doing the house up and begin in the new year (which is now).

So my battle plan is to make between 50-100 points a week compounding after every 20 points starting with 1 standard contract.

To do this I have set up my trading environment with my partner and our little gem of a girl, all 20 months of her so I have no interruptions while playing.

The method I am using is one that I developed and is a scalping system from high probability entries with limit orders in choppy markets and a reverse entry when the market is trending.

On the mental (Psychology) side of things I have been and will continue to red 1-2 books per month on personal development so that I can keep trading with a relaxed and clear mind set, also counsel with a friend who happens to be a psychologist on a weekly basis or as needed if needed sooner.

I will be keeping a trading diary and a trading Journal (journal here).

Remind myself to think positive-

We become what we think about - If I think about losing trades then my mind will look and take losing trades, If I think about winning trades then my mind will look and take winning trades.

I will update this journal weekly at least.

Talk soon

Expatfx