Rags to ? CAFE (Starting small 5k Capital)

Hi guys, I will like to start this thread to record my trading journey. The only reason I do this thread is that I can be discipline with my risk mgt as that is my weakest spot.

I will be using 2 breakout methods namely the DIBS method (below is the link to the forum) and another breakout method (I cannot reveal much as I do not have the permission to do it but let's call it "Baby" method).

For the DIBS, thank you for everyone that contribute to the thread esp Peter C, Jarro and many others.
http://www.forexfactory.com/showthread.php?t=86766

I will be trading the Asia market to New York market whenever I am free. All the best.

Detail as follow:
-Will try to fund account next week
-2 systems in one broker account
-Risk per trade 1% to 2%
-If Hit dd of 20%, will stop trading and review.
-divided my to into 4 parts
****2/4 risk 1:1, 1/4 based on SR, SMS20 and last 1/4 run as far as it can
-I will try my best to update my trades at the end of the day of every 2-3 days.
-Lets see where the account will go end of the year and I may add more capital if account is doing well.

I really appreciate anyone that will help. advice and support me. I love to have a good mentor that is willing to teach and guide me and if anyone that is willing.

Got in 2 beautiful trades today using DIBS method.

Eu and U/Chf. See U/Chf chart during London time.

Anyway, the new account will be a new start.

Free trades now.

Hello keziahpie

Nice to see you start a journal. It was probably the best thing I ever did for myself. Sorry I haven't replied to your latest PM yet. I will do so at some point today. As I mentioned before though, you can't go wrong watching and learning from Jarro. One of the best here IMHO.

Best wishes.

Thanks my Friend. Take your time. I think not many people used DIBS as it owns. However, I will do it as it owns BUT will changes how I do my tp.

I will update once Im free, some stuff at home broke and I have to try to fix them.

got into GU too.

How I place my tp and divide my size into 4 parts

-2/4 Risk 1 to 1
-1/4-SMA20, 72 and 90 on 1 hour, 4Hr and Daily!
-1/4 let is run as far as it can

Good day, close shop!

I think you better find new broker as your broker is ripping you off...................... Your spreads seem high.