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learn how to trade like hedge funds through my live account

  • #1
  • First Post: Jun 7, 2015 8:52am Jun 7, 2015 8:52am
Hello all ,

i have been trading Forex for 15 years, started trading since 2000 when i discovered this exciting world of Forex Market , i was so impressed and curious to explore this new thing , opened live account and deposited my first 500 USD and then started trading with excitement and eagerness but lost them all in one week,i got depressed but i didn't give up and again i decided to open another live account deposited 200 USD but i lost them too .

the reality so harsh that i give up on Forex and decided to stop trading for a while due to great deal of frustration , guess what happened next ? i opened 5 more live account and lost'em all . what a misery!!!

i have lost great deal of money trading Forex over the past 15 years . but i'm still brave enough to give it a try for the last time , yes for the last time but i'm sure i will achieve my goal this time.

i'm not afraid to admit that i has been unsuccessful trader throughout the past 15 years and the first step to success is to admit that i was wrong and to put myself back on the winning track.


so here is my latest new live account started 19 days ago and i would like observe my performance and learn how to handle draw down and losses and how to rebound from losses again it's the most important lesson you have ever learnt

i will do my best to trade like professional traders and hedge funds so your comments are welcomed and i hope we all interact and share ideas and constructive criticism in order to improve our performance in Forex Market.


so here we go
I always knew that someday I would make it big
  • #2
  • Jun 7, 2015 9:48am Jun 7, 2015 9:48am
Quoting forexer
Hello all , i have been trading Forex for 15 years, started trading since 2000 when i discovered this exciting world of Forex Market , i was so impressed and curious to explore this new thing , opened live account and deposited my first 500 USD and then started trading with excitement and eagerness but lost them all in one week,i got depressed but i didn't give up and again i decided to open another live account deposited 200 USD but i lost them too . the reality so harsh that i give up on Forex and decided to stop trading for a while due to great...
first question "hedge fund"? did you know personally some one that doing a job as hedge fund? if you know personally and talk to him/her what they told to you about their
style?
second question is on 15 years what are you doing on your trade? can you share to us or perhaps to me private? I want to learn and have a lesson? did you on this 15 years using system? indicator? or what?

thanks for your open share brother.
we don't predict, we only ride
  • #3
  • Jun 7, 2015 11:22am Jun 7, 2015 11:22am
I subscribe and wish you luck.
Will be interesting if you tell more about what your system/ method for trades will be.

Happy trading
Trading in the shadow of SM
  • #4
  • Jun 7, 2015 1:26pm Jun 7, 2015 1:26pm
Shouldn't this be in the journals or systems forum...

The tone of your post suggests that you don't have that much confidence but that could be a translation type of issue as well. (not necessarily bad, as reversals can occur when you and others have least confidence)

Also there's a lot of "professionals" in many industries making money through fees, not actual performance delivered. The average hedge fund hasn't done well in every year.
  • #5
  • Jun 7, 2015 4:19pm Jun 7, 2015 4:19pm
Quoting cakrajaya
{quote} first question "hedge fund"? did you know personally some one that doing a job as hedge fund? if you know personally and talk to him/her what they told to you about their style? second question is on 15 years what are you doing on your trade? can you share to us or perhaps to me private? I want to learn and have a lesson? did you on this 15 years using system? indicator? or what? thanks for your open share brother.

Hello cakrajaya,

thanks for your questions .

as to answer your first question , No i don't know personally anyone works as a hedge fund. as a matter of fact hedge funds trading behavior can be spotted on charts and you will be able to spot their trades only with long experience , their trading style based on a mixed strategies with low leverage not more than 1:3 as a maximum allowed leverage

over the past years i used indicators and technical analysis only but with no success ,unfortunately indicators alone are irrelevant to successful trading and to succeed you need to know more than only plain indicators .

i'm using a hybrid strategies to place trades , don't worry i will teach you what i have learned over the past 15 years by posting a daily analysis on all trades i take so we can learn from our trading mistakes.
I always knew that someday I would make it big
  • #6
  • Jun 7, 2015 4:29pm Jun 7, 2015 4:29pm
Quoting Earleone
I subscribe and wish you luck. Will be interesting if you tell more about what your system/ method for trades will be. Happy trading
Hi Ealeone,

you're welcome

thank you for subscribing

be patient i will teach you my strategies and walk you through to my trading style.

every trade i will take in my live account will be analysed and discussed till we learn the concept behind it
I always knew that someday I would make it big
  • #7
  • Jun 7, 2015 4:41pm Jun 7, 2015 4:41pm
Quoting fxjesus
Shouldn't this be in the journals or systems forum... The tone of your post suggests that you don't have that much confidence but that could be a translation type of issue as well. (not necessarily bad, as reversals can occur when you and others have least confidence) Also there's a lot of "professionals" in many industries making money through fees, not actual performance delivered. The average hedge fund hasn't done well in every year.
Hi fxjesus,


yes i agree with you , actually there are more than one way professionals make money but i'm talking here specifically about professionals hedge funds who are involved directly in making the big Bucks through wealth management business .
and yes some hedge funds performance are not impressive but at the same time there are few hedge funds who have done good job
I always knew that someday I would make it big
  • #8
  • Jun 8, 2015 4:36am Jun 8, 2015 4:36am
Hello all,

this morning stop losses orders were triggered to get me out of EUR/AUD long positions with an acceptable loss,so no problem .

now i'm long USD/JPY with tight stop in place , let's see how things play out
I always knew that someday I would make it big
  • #9
  • Jun 8, 2015 5:51am Jun 8, 2015 5:51am
Nice,

Can I ask on what decision you took the long on usd/jpy? It is interesting to know to understand your trading method.

I see many reasons to go long on usd/jpy. But also to go short. ( I am currently short on it) But I look for Risk reward minimum 1:3 . Keep my SL small too and has low winning rate but the money management ( R:R) makes up for that. Sow I try to get in with scalp entry but let the winners run until I see change of direction or it reach some heavy S/R.
Trading in the shadow of SM
  • #10
  • Jun 8, 2015 6:29am Jun 8, 2015 6:29am
Hi

once again stop loss orders activated and my long USD/JPY trade is out of the market with nice loss.

it seems to me that liquidity is drying up and banks are waiting for any news coming from Euro zone regarding Greece bail out .

i'm on sidelines till liquidity come back again
I always knew that someday I would make it big
  • #11
  • Jun 8, 2015 6:41am Jun 8, 2015 6:41am
Quoting Earleone
Nice, Can I ask on what decision you took the long on usd/jpy? It is interesting to know to understand your trading method. I see many reasons to go long on usd/jpy. But also to go short. ( I am currently short on it) But I look for Risk reward minimum 1:3 . Keep my SL small too and has low winning rate but the money management ( R:R) makes up for that. Sow I try to get in with scalp entry but let the winners run until I see change of direction or it reach some heavy S/R.

Hi Earleone,

i place trades based on a hybrid strategies (more than one strategy involved in triggering entry signals , i'm not taking any trading decision based on indicators or technical analysis alone my whole strategy is complicated ,so its been created to adapt to different market conditions because there is no all size fits all , every market conditions must be traded with the right strategy.

yes money management is the key so i second you on this .

wish you the best luck
I always knew that someday I would make it big
  • #12
  • Jun 8, 2015 7:09am Jun 8, 2015 7:09am
Hybrid strategies, I do the same , just didnt have any name for it. Very good

Monday without any big scheduled news. It is like looking paint drying.
Trading in the shadow of SM
  • #13
  • Jun 8, 2015 9:21am Jun 8, 2015 9:21am
Quoting Earleone
Hybrid strategies, I do the same , just didnt have any name for it. Very good Monday without any big scheduled news. It is like looking paint drying.
Hi Earleone,

it's very interesting to hear that you use the same trading style i'm using . so it would be great to indulge in more details about our strategies tactics in the future.

yes Monday doesn't have any significant economic reports but don't forget that investors and banks world wide focus now on any news come from Greece .

i went long EURUSD at 1.1190 , 1.1189, 1.1187 levels based on a confluence of strong signals were generated by my strategies targeting 1.1257 resistance

let's see how this trade plays out
I always knew that someday I would make it big
  • #14
  • Jun 8, 2015 11:03am Jun 8, 2015 11:03am
Hi

got out of the market with nice profits ,EUR/USD long positions have just been closed at 1.1234 .

i got out early before my trades hit my target because Momentum is getting weak.

the market is worried and liquidity has been tightened because of Greece creditors .

until some sort of compromise has been reached regarding Greece , the liquidity will be drying up which makes me more cautious .


let's call it a day and see what will tomorrow holds.

thanks
I always knew that someday I would make it big
  • #15
  • Jun 9, 2015 12:59am Jun 9, 2015 12:59am
Hi ,

lessons to be learned from my live account performance so far



today's lessons about how stop loss order can save you in the hard times

we can learn valuable lessons as Forex traders from my live account performance as follows:

1- using stop loss order in a systematic way can make you survive and get you back on the right track

2- placing stop loss order in every single trade , give you the peace of mind and total control on your trading psychology

3-stop loss orders must be hard and to be set correctly (make sure you use it )

4- i'm talking here about HARD STOPS because MENTAL STOPS are totally irrelevant to trading successfully.

5- MENTAL STOPS are dangerous , you must avoid using them at all costs .

i made my explorer public for you all to see and analyse how i put stop loss and how stop loss order got me out of big draw-down

wish you all happy and successful trading

thanks
I always knew that someday I would make it big
  • #16
  • Jun 9, 2015 5:08am Jun 9, 2015 5:08am
hi

i have just taken GBP/JPY long positions at 189.60 ,189.61 so the trades were triggered according to my rules precisely

i hope these trades go well

i will keep you updated

thanks
I always knew that someday I would make it big
  • #17
  • Jun 9, 2015 5:24am Jun 9, 2015 5:24am
Quoting forexer
hi i have just taken GBP/JPY long positions at 189.60 ,189.61 so the trades were triggered according to my rules precisely i hope these trades go well i will keep you updated thanks
i have placed tight stops as the trade is in danger
I always knew that someday I would make it big
  • #18
  • Jun 9, 2015 5:35am Jun 9, 2015 5:35am
Quoting forexer
hi i have just taken GBP/JPY long positions at 189.60 ,189.61 so the trades were triggered according to my rules precisely i hope these trades go well i will keep you updated thanks

Hi all

i have just closed long GBP/JPY positions opened at 189.60.61 and closed at 189.82,83 levels with fast profits, it was really swift and precise trade

now i'm on sidelines waiting for another trading opportunity

thanks
I always knew that someday I would make it big
  • #19
  • Jun 9, 2015 5:46am Jun 9, 2015 5:46am
Nice one . I have short from 191.05 and 190.65 Gbp/Jpy . Was thinking to close it at S2. But when it was going below I was keeping them open. Maybe it become a longdistance runner. Has locked in profit to a few pips over S1.

I am careful to take retracement trades at O/B O/S at S/R when S2 / R2 is broken for the day against the small trend. Mostly trend is very strong if they are broken ( If it is not a spike)
Trading in the shadow of SM
  • #20
  • Jun 9, 2015 5:58am Jun 9, 2015 5:58am
Interesting to read about the lessons learned from your trading.

With S/L . I tried mental SL many times and they mostly becomes very big . If it is a Hard SL it is easyer to accept and losses mostly smaller. So I must be better with that.

Will also say that I take a lot of trades and the 2 ones I been refering to in this thread are winners. I took many many losing trades to that I have not been referring to.

I was in at O/B 15 m charts with eur/gbp yesterday with mental SL. 2 positions. Costed me 150 pips
Trading in the shadow of SM
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