Penguin's Lunch

EDIT: starting a new account on post 18:
http://www.forexfactory.com/showthre...84#post7951684

I am opening a trading journal hoping that it will make me more responsible with my trades. I have rules and until I stick to them I am successful, but when I brake them I brake them hard and blow account in one or two days. Trading with the Lunch money, I am not interested at this point to trade with larger sums, not until I gain consistency.

I am torn between full time day job, family and trading. It is not easy. It seems I suffer a little bit from ADD, I lose concentration very quickly. There will be no explanation of my trading method, not show off of my indicators, no trading signals. It is just my public trading journal.

Deposit: about 20 USD
Minimum lot size: 0,01 lot (10 pips = cca 1 USD)

First trade not executed according to the plan, second executed almost according with the plan. Exit done on the mobile phone and is not optimized, price didn't flow fast enough so I decided to pull the trades out.
75+39 green pips, current account size 31 USD.

Took a Sell trade, price didn't run as expected, BE hit. No more trades this week.
Week finished with 115 green pips/54% profit, account size 31 USD.

Broken. Fell into emotional trap and broke 4 basic rules. Suicide on the chart. New custom start date. Starting capital 6.5 USD.

8 trading days: 15 trades, 677 pips, + 1000% gain, capital now 71 USD.

I am trying to do some neuroplasticity learning to help me cover some basic emotional mistakes. Lots of emotional pressure in my private and business life. Will also start some home neurofeedback therapy. I also updated part of the trading method, for now looks ok.

Got ill from the last time I posted... right now I am actually having a 4th cold in 2 month period. I feel like shit. Got some oils, algae, noni juice and sprinkling heavily with colloid silver... I still made some profit. My first thought was to leave all trades open during the weekend, but then decided to pull the plug and minimize the exposure. Price will retreat up a few pips on Monday anyway and I'll enter another short. 2 trades are running in red for cumulative loss of 85 pips, but they don't worry me. According to strong price action price will go down more next week.

Current status of the account:
Account custom age: 23 days
Balance: 114 USD
Equity: 105 USD

Gain on balance: 1716 %
Gain on equity: 1568 %

Nice curve on Return by Trade graph but NOTHING to brag about. Equity curve not so nice, but still normal with trading for high % gain. My plan is to trade with this lot until account reaches 400 USD, only then I'll double lot size.

It is very clear when Fokushima happened. I believe general trend is up, all the way until 250 and higher. Fokushima will never stop. Not in the next 100.000 years. There are more and more reports of cancers and strange illness, I stand by my words that at least 30% of Japan needs to be evacuated. Trade balance will keep falling, Yen will get softer and softer.

I made 3 major mistakes this week, to many trades were opened in the same direction, trades had not sufficiently been away one from another, and I didn't take (hedge) position when I saw opportunity for the trade in the opposite direction. I just realized from the screenshots taken that my Deposit money is disappearing. I started with 6.48 USD as the first Explorer picture shows, on next picture Deposit is 6.30 and on the last one 6.28. I have no idea what is going on, I know I didn't touch custom date settings, and it is not swap or commissions, and I didn't withdraw money. Weird! If the trend will continue my Deposit in Explorer will be down to zero in 2 years time.

Anyway, congratulation to me as 30 Days of custom dated account is passed and I am still alive

Current status of the account:
Account custom age: 30 days
Balance: 150 USD
Equity: 107 USD
Gain on balance: 2290 %
Gain on equity: 1605 %

I believe we will see price on GJ drooping or ranging next week. Nikkei Daily closed as a Bearish Pin, but what is more important is that it maintains a Bearish Daily momentum.

I doubted my own analyze and I opened a set of trades contrary to my plan (I listened to much how others analyze market and it influenced me). Anyway, my shorts played well, but since I lost so much on my longs I decided to close all trades and collect the profit. Note to myself, work on psychology and stay away from the forums.

Current status of the account:

Account custom age: 37 days
Balance: 170 USD
Gain on balance: 2593 %

I see price compressing heavily. Average Daily price movement is gradually dropping. Price is going o burst. While GJ general trend is up we can not deny losing momentum and with Nikkei showing signs of dropping but being at the same time reluctant of actually doing it I have to conclude that both directions are possible. Whatever happens we will soon find out.

GBP/JPY up trend look like weaken recently.

Personally I have enjoy the up trend in the last few weeks but will turn to short on this pair on any moment

G'day mate. Just dropping by. This is a far more sane place for a trader to hang out than where I met you but no where near as much fun. Keep up the good work...

Thanks for dropping by. You are the second Australian fx trader that I know and both of you have great sense of humour

In the mean time I closed my set of shorts on GJ, this will probably go down some more, but I am happy where I am.

Current status of the account:
Account custom age: 42 days
Balance: 238 USD
Gain on balance (from 6,48 USD): 3556 %

Looks like Nikkei found some support and is forming secondary triangle, GJ appears to cross one Weekly trendline and found support in a secondary Weekly trendline 100 pips below. Price might bounce between those two for up to 3 days, but statistically no more (range between those two trendlines proximately 170.65-171.65)

Out of the market. I anticipated retrace, but I didn't like the price action so I closed for the week.

Current status of the account:
Account custom age: 44 days
Balance: 264 USD
Gain on balance (from 6,48 USD): 3984 %

GJ down, and too much I foreseen this but I can not take advantage of it last week due to FIFO. Let have a great weekend and see what come next week.

You can not hedge in Japan? What if you open another account, one for buy and one for sell? Have a great weekend, relax and reset your mind!

My initial wish was to make 9% a week, that compounding would get me to 4M in 3 years with the starting capital of 6,49 USD. I just realized that at 44 days I am over 250 days ahead of my plan. Da'f***? Maybe I should slow down... :nerd: Be advised, this is experiment, no pro trades like this! They are actually laughing at my trading

Possible 167.5 area for this week. Nikkei wants to It's OK, we'll get back up someday. If 167.5 area holds. If this will not hold, we are looking into long term bearish market.

I had to change Broker. Pepperstone is OK generally, but it happened several times that they just shut down trading for a few minutes, especially with a bit more volatility on the market. I also hated that they stoped charts for about 5 minutes every day. Comparing indicator positions from Pepperstone to Axi blow me away. No problems with Axi yet, I am fascinated. Have I finally found a decent broker...

I am still in the process of refining my trading style. Starting with 100 USD, first 28 days were almost perfect. First 2 days of the week price was very volatile, it went 540 pips in one direction. Account survived such a tiny black swan and still came out with the profit. Althrough I was running equity in red equity never fell below deposit amount. It sims that more discipline helps

I decided to finish trading for the year.

Current status of the account:
Account custom age: 29 days
Balance: 430 USD
Gain on balance (from 97.58 USD): 330%
Profit factor: 22
Number of trades: 71
Average trade pips: 53
Win rate: 90%

End of the Year 2014, Acc18;
Current status of the account:
Account custom age: 43 days
Balance: 461 USD
Gain on balance (from 97.58 USD): 360%
Profit factor: 15.42
Number of trades: 80
Average trade pips: 52
Win rate: 87.5%

Sharpe 1.04
Sortino 0.49

I deviated from the plan to only trade GBP/JPY on this account and I positioned a few drunk EUR/USD trades, running in red over the New Year. I opened another account Acc19 that will deal with this pair.