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18 Pips per Day (3% per week) Trading System

  • #121
  • Sep 24, 2014 2:54am Sep 24, 2014 2:54am
Quoting profitfarmer
{quote} There is no good money or bad money, good trading or bad trading...that is BS. BUT There is have money or don't have money, make profit or don't make profit! If this "revenge trading" works for you best, maybe that is what you suppose to do. (of course, in a controlled manner) Some of my trades don't work out as planned, yet, as long as the end of the day is green, I cant be upset with it. The big picture is, that risking only 1%, using tight SL, etc...great common wisdom, and not against of any of those ideas, even adhere to it sometimes....
I will start adding on once I get successful. I am sick of trading demo at the moment
On my way to financial independence - if others can do it - I can do it
  • #122
  • Oct 6, 2014 1:56am Oct 6, 2014 1:56am
Please find attached my performance for the last week.As you can see , I have 'started afresh' .This is purely for accounting purposes.I have also added the Graph to assist me with tracking my progress.

At a high level :

If I get 90 Pips per week consistently for the next 2 years targeting 1.3% trade , then I will achieve £150K in 2 years .

This is possible guys , lets do this !!!

Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 05-10-2014).xls   497 KB | 252 downloads
  • #123
  • Oct 6, 2014 3:08am Oct 6, 2014 3:08am
Quoting tafadzwa02
Please find attached my performance for the last week.As you can see , I have 'started afresh' .This is purely for accounting purposes.I have also added the Graph to assist me with tracking my progress. At a high level : If I get 90 Pips per week consistently for the next 2 years targeting 1.3% trade , then I will achieve £150K in 2 years . This is possible guys , lets do this !!! {file}
of course it's POSSIBLE. Good Luck
You were giving yourself too high targets before. now it sounds realistic
On my way to financial independence - if others can do it - I can do it
  • #124
  • Oct 6, 2014 6:27am Oct 6, 2014 6:27am
Quoting Eur Usd
{quote} of course it's POSSIBLE. Good Luck You were giving yourself too high targets before. now it sounds realistic
Its is quite realistic , the funny thing is however actually achieving it.Only 90 pips per week for 108 weeks in a row will transform £3300 into £150 000.
I honestly believe it can be done man , it can be done !!!
  • #125
  • Oct 6, 2014 2:59pm Oct 6, 2014 2:59pm
Quoting tafadzwa02
{quote} Its is quite realistic , the funny thing is however actually achieving it.Only 90 pips per week for 108 weeks in a row will transform £3300 into £150 000. I honestly believe it can be done man , it can be done !!!
Theoretically it can be done,but in practise it is damn hard. I feel like my mind is coming back on right track
On my way to financial independence - if others can do it - I can do it
  • #126
  • Oct 7, 2014 2:09am Oct 7, 2014 2:09am
Quoting Eur Usd
{quote} Theoretically it can be done,but in practise it is damn hard. I feel like my mind is coming back on right track
Good for you !!, as for me , I feel like crap.Trading Sucks !!! big time .More like Confused.com
  • #127
  • Oct 7, 2014 3:57am Oct 7, 2014 3:57am
Quoting tafadzwa02
{quote} Good for you !!, as for me , I feel like crap.Trading Sucks !!! big time .More like Confused.com
you're in revenge mode ;-)
I had it last week. You need to change your attitude. Imagine you're rich in 2-5 years, enjoy your life, do some sports, read about fx and treat it as part of process.
On my way to financial independence - if others can do it - I can do it
  • #128
  • Oct 7, 2014 4:01am Oct 7, 2014 4:01am
Quoting tafadzwa02
{quote} Good for you !!, as for me , I feel like crap.Trading Sucks !!! big time .More like Confused.com
you're in revenge mode ;-)
I had it last week. You need to change your attitude. Imagine you're rich in 2-5 years, enjoy your life, do some sports, read about fx and treat it as part of process.
And maybe try to focus on less pairs for a while?
On my way to financial independence - if others can do it - I can do it
  • #129
  • Oct 7, 2014 6:52am Oct 7, 2014 6:52am
Quoting Eur Usd
{quote} you're in revenge mode ;-) I had it last week. You need to change your attitude. Imagine you're rich in 2-5 years, enjoy your life, do some sports, read about fx and treat it as part of process. And maybe try to focus on less pairs for a while?
I am stopping now .Will do a maximum of 4 more trades this week
  • #130
  • Oct 7, 2014 7:35am Oct 7, 2014 7:35am
http://www.learntotradethemarket.com
read a bit. You probably get the same impression like me sometimes - I feel urge to win something. I can't see the big picture, instead I feel like it's last day ever to get rich and need to earn something. I keep trying to see big picture. for me 20 pips a trading day will allow within 4 years to pay off mortgage, buy small car, go for proper holidays and still have few grands of savings
On my way to financial independence - if others can do it - I can do it
  • #131
  • Oct 13, 2014 2:01am Oct 13, 2014 2:01am
Please find attached my performance for the last week.As you can see , I LOST quite a lot .The thing to note is I was NOT revenge trading !!..They were my proper trading signals and I genuinely LOST.

I have adjusted my style to make sure I can only lose around 6% per week , everything else stays the same.

#TRADING IS NOT EASY

Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 12-10-2014).xls   567 KB | 219 downloads
  • #132
  • Oct 13, 2014 4:06am Oct 13, 2014 4:06am
Quoting tafadzwa02
Please find attached my performance for the last week.As you can see , I LOST quite a lot .The thing to note is I was NOT revenge trading !!..They were my proper trading signals and I genuinely LOST. I have adjusted my style to make sure I can only lose around 6% per week , everything else stays the same. #TRADING IS NOT EASY {file}
somewhere I read that if you consistently lose, trying to take your signals the opposite way you normally do, should in theory change you around to be a winner.
I don't say you do that, but somewhere amongst the line, it is pretty clear that you are consistently losing not only the last week but most times, according to your TE.
At some point, you need to consider that your signals might be wrong, as is the least that they need some adjustments here or there to perform better.
While -6% a week loss doesn't sound the end of the world, doing that consistently as now will kill the account in no time, nevertheless.
there is always, always another trade!!
  • #133
  • Oct 20, 2014 1:54am Oct 20, 2014 1:54am
Please find attached my performance for the last week.I am in the process of developing my EA which I will use to trade during the times I am not available.I have noticed quite a number of times when my signals come and I am not there and it really pisses me off.
The name of the EA will be called bettingtrades.com trading system.You will see it once I have finished with it


#TRADING IS NOT EASY

Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 19-10-2014).xls   567 KB | 239 downloads
  • #134
  • Oct 20, 2014 2:08am Oct 20, 2014 2:08am
1st you should break your mental barrier.
the barrier that keeps you make big mistakes when you reach BE level
this has nothing todo with market/charts/news/etc.....

it is your mental barrier. you are not prepared to hadle an account in profit & every time you reach BE you start messing & putting account loss ( excue my language )

GL

Attached Image
My Best Trade is Next Trade!
  • #135
  • Oct 23, 2014 6:51am Oct 23, 2014 6:51am
Quoting MAM.Trader
1st you should break your mental barrier. the barrier that keeps you make big mistakes when you reach BE level this has nothing todo with market/charts/news/etc..... it is your mental barrier. you are not prepared to hadle an account in profit & every time you reach BE you start messing & putting account loss ( excue my language ) GL {image}
This thing is fake man , trust me , besides where is your explorer?
  • #136
  • Oct 29, 2014 5:20am Oct 29, 2014 5:20am
Please find attached my trades for last week .Things are not as rosy guys .I have discovered that , since I work full time , majority of the times my signals kick in when I am not available , e.g. during working hours or when I am sleeping. I have now started to record trades for my EA.I have added the EA tab in my spread sheet to record how my EA performs.


If the EA works OK , then I will start using it and forget about worrying about trades that happen when I am not available , that’s the only solution
Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 26-10-2014).xls   3.1 MB | 246 downloads
  • #137
  • Nov 3, 2014 5:24am Nov 3, 2014 5:24am

Please find attached my trades for last week

Attached File(s)
File Type: xls bettingtrades.com (Week Commencing 02-11-2014).xls   3.1 MB | 227 downloads
  • #138
  • Nov 4, 2014 9:23am Nov 4, 2014 9:23am
nearly 10% loss. I feel sorry for you. I lost only 4% and to be honest am sick of the game. I am thinking about trading PA on bigger frames now - 44 and 1d, with expectation of 1% profit a week. I will keep trying 15m charts but am sick of it and bored. I also started reading about affiliate marketing. One thing I know - I don't want to work for somebody , I want to work from home and for myself, without partners, without employyes, without peers, without working with lazy two faced cunts
On my way to financial independence - if others can do it - I can do it
  • #139
  • Nov 4, 2014 9:58am Nov 4, 2014 9:58am
Quoting Eur Usd
nearly 10% loss. I feel sorry for you. I lost only 4% and to be honest am sick of the game. I am thinking about trading PA on bigger frames now - 44 and 1d, with expectation of 1% profit a week. I will keep trying 15m charts but am sick of it and bored. I also started reading about affiliate marketing. One thing I know - I don't want to work for somebody , I want to work from home and for myself, without partners, without employyes, without peers, without working with lazy two faced cunts

Don't worry about me mate, I have done a big gamble here , I want to see how it will end .I I win I will win about £1000 , if I lose I will lose about £700 , let’s see how it goes .I made a conscious decision.
This was pure gamble with my signals involved but disregarding money management
If you want to achieve those goals of yours , you better start doing what I have done today .There is no way we can ever make it in this business without big money , at the same time , we will never make big money without one or two crazy gambles like what I have done today .You just have to be prepared for the loss when it happens
  • #140
  • Nov 4, 2014 10:24am Nov 4, 2014 10:24am
Quoting tafadzwa02
{quote} Don't worry about me mate, I have done a big gamble here , I want to see how it will end .I I win I will win about £1000 , if I lose I will lose about £700 , let’s see how it goes .I made a conscious decision. This was pure gamble with my signals involved but disregarding money management If you want to achieve those goals of yours , you better start doing what I have done today .There is no way we can ever make it in this business without big money , at the same time , we will never make big money without one or two crazy gambles like what...

I have gambled like that just few weeks ago and from 100 quid I have bit over 30 left. Gambling is not the way.
On my way to financial independence - if others can do it - I can do it
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