Hi, let's see whether I could reach one million dollars in a year's time. Just to carry on from what other traders had tried but failed. Who knows, it will be a fun journey. Anyway, this is free money for me now.
BTW, don't ask me about my strategy. I have worked too hard to develop it, and no way I will share with you my edge for free. I will not spend too much time on this thread as my trade explorer is shown which keeps track of all my trades. Most of my trades are triggered by my ea. Though I will occasionally manual trade (which produces inconsistent results due to itchy fingers and emotion, which explains my unacceptable drawdown at certain time) and it does not follow my ea's MM. So, let's start this journey. It may end in blaze of glory.
Edit: The sole purpose of this thread is simply to showcase whether I could reach the target of 1 million with an initial deposit of 1000 (actually only 500 as the other 500 is bonus offer from my broker, so my actual % return should be double. LOL). That's all ever to it. The reason this thread resides in the Trading Journal section and not Trading System should be pretty obvious to most. Based on the calculation of compounding rate of 3% daily, it should take me about 11.6 months to achieve that. If I make it, well and fine. Else, so be it. I don't care. At least, we have some fun along the way.
Don't ask me about my strategy, or trying to tell me what can be done or not. This thread is simply me following a simple trading plan. With my ea, it is even simpler. Just entry and exit. That's all it ever does. All the necessary ingredients like entry, exit (either sl or tp) and MM are already in place. And I should not blow my entire account, as long as no drastic event ever happen (such as the SNB rate decision which wipe out my one account which was making money - this is another story which I may share in the future). Or my itchy fingers when I try to manual trade and greed/fear starts to influence my trading decision and cause unnecessary and bigger drawdown.
If all these explanations sound harsh or unpleasant, it is just me telling you the main objective of this thread and laying the cards out. This is to prevent any misunderstanding or wishful thinking on your part that this thread will be more - like teaching you a viable strategy, showing a piece of chart art with fanciful indicators and mt4 templates, and selling you private forum which I will teach you the hidden secrets of candlestick patterns, etc. You can find these bs or snake oil in the Trading System which mostly are useless and confuse you further.
Hint: If I were to tell you that I simply follow 2 horizontal lines, you will most probably think I am crazy or trying to pull a wool over your eyes. But as my signature below indicates, I am a simple guy with a simple trading plan. So far, it has served me well. These 2 simple lines will tell me whether it is safe to enter, and tell me whether the current price is ranging or breaking out. This is what trading is ever about, buying above a line and selling below it. My second line is simply telling me the current market condition to filter out trades for entry.
Reminder: Last but not least, you can share your views and thoughts in this thread. Only I ever ask is that you be civil about it. We can agree to disagree - that's the purpose of a social forum. But do not troll this thread to serve your own agenda or selling snake oil. I am not here to share so as to care, or touting my 20 + years of trading success with no single trade statement to show (LOL). I have made the settings for this thread as transparent so everyone can contribute. Your opinion of me - good or bad - has absolutely no bearing on me, as it does not matter to or bother me. Only my wife's opinion matters. LOL.
Only Rule to observe in this thread: Do not bother asking me about my trades/trade explorer/strategies and other Forex methodologies. I am also not an expert with FF trade explorers and other fancy Forex stuffs. I just enter and exit, that's all. Seriously, that's the only thing we need to do to be successful, and not searching in the rabbit holes. In addition, I do not need to answer, as I am not obligated one bit to do so. I am not selling anything to you. My time is better spent refining my trades and my ea. And to spend time with loved ones.
Final Notes: So, enjoy or laugh at this venture. When I reach the rainbow end of the line and show you that it can be done, hopefully it can inspire you to achieve this dream. And if you do learn something from here, good to you. Else, again, it does not matter to me. Your trading success is dependent on you, and I could care less whether you are successful or not. You want to be successful is due to the inner drive within you and an unwavering need to be so. My success will be shared with my loved ones, and not you. That's all I have to say. Sign out.
BTW, don't ask me about my strategy. I have worked too hard to develop it, and no way I will share with you my edge for free. I will not spend too much time on this thread as my trade explorer is shown which keeps track of all my trades. Most of my trades are triggered by my ea. Though I will occasionally manual trade (which produces inconsistent results due to itchy fingers and emotion, which explains my unacceptable drawdown at certain time) and it does not follow my ea's MM. So, let's start this journey. It may end in blaze of glory.
Edit: The sole purpose of this thread is simply to showcase whether I could reach the target of 1 million with an initial deposit of 1000 (actually only 500 as the other 500 is bonus offer from my broker, so my actual % return should be double. LOL). That's all ever to it. The reason this thread resides in the Trading Journal section and not Trading System should be pretty obvious to most. Based on the calculation of compounding rate of 3% daily, it should take me about 11.6 months to achieve that. If I make it, well and fine. Else, so be it. I don't care. At least, we have some fun along the way.
Don't ask me about my strategy, or trying to tell me what can be done or not. This thread is simply me following a simple trading plan. With my ea, it is even simpler. Just entry and exit. That's all it ever does. All the necessary ingredients like entry, exit (either sl or tp) and MM are already in place. And I should not blow my entire account, as long as no drastic event ever happen (such as the SNB rate decision which wipe out my one account which was making money - this is another story which I may share in the future). Or my itchy fingers when I try to manual trade and greed/fear starts to influence my trading decision and cause unnecessary and bigger drawdown.
If all these explanations sound harsh or unpleasant, it is just me telling you the main objective of this thread and laying the cards out. This is to prevent any misunderstanding or wishful thinking on your part that this thread will be more - like teaching you a viable strategy, showing a piece of chart art with fanciful indicators and mt4 templates, and selling you private forum which I will teach you the hidden secrets of candlestick patterns, etc. You can find these bs or snake oil in the Trading System which mostly are useless and confuse you further.
Hint: If I were to tell you that I simply follow 2 horizontal lines, you will most probably think I am crazy or trying to pull a wool over your eyes. But as my signature below indicates, I am a simple guy with a simple trading plan. So far, it has served me well. These 2 simple lines will tell me whether it is safe to enter, and tell me whether the current price is ranging or breaking out. This is what trading is ever about, buying above a line and selling below it. My second line is simply telling me the current market condition to filter out trades for entry.
Reminder: Last but not least, you can share your views and thoughts in this thread. Only I ever ask is that you be civil about it. We can agree to disagree - that's the purpose of a social forum. But do not troll this thread to serve your own agenda or selling snake oil. I am not here to share so as to care, or touting my 20 + years of trading success with no single trade statement to show (LOL). I have made the settings for this thread as transparent so everyone can contribute. Your opinion of me - good or bad - has absolutely no bearing on me, as it does not matter to or bother me. Only my wife's opinion matters. LOL.
Only Rule to observe in this thread: Do not bother asking me about my trades/trade explorer/strategies and other Forex methodologies. I am also not an expert with FF trade explorers and other fancy Forex stuffs. I just enter and exit, that's all. Seriously, that's the only thing we need to do to be successful, and not searching in the rabbit holes. In addition, I do not need to answer, as I am not obligated one bit to do so. I am not selling anything to you. My time is better spent refining my trades and my ea. And to spend time with loved ones.
Final Notes: So, enjoy or laugh at this venture. When I reach the rainbow end of the line and show you that it can be done, hopefully it can inspire you to achieve this dream. And if you do learn something from here, good to you. Else, again, it does not matter to me. Your trading success is dependent on you, and I could care less whether you are successful or not. You want to be successful is due to the inner drive within you and an unwavering need to be so. My success will be shared with my loved ones, and not you. That's all I have to say. Sign out.
Make everything as simple as possible, but not simpler.