QAM Trading Journal $US1000 to ???

AUD (GDP q/q) + CNY (PMI) news due out in a little over 2 hours time.

Trade carefully and enjoy your day!

Masterrmind......... :nerd:

NJ



4 short manual entries closed out in profit to meet the daily $gain.

Note: Expert engaged (top right corner of chart) to carry on with any additional entries however, if time becomes a factor the EA will be removed!

Masterrmind..........

NJ

Expert pulled from the chart.

If any trades are applied it will be done manually.

Masterrmind........

End of ATW session for Wednesday (end of Day #43)

4 short trades taken on the NZDJPY pair



4 trades

4 winners
NO losses

Daily $gain obtained was US$6.47 > motivated Daily $gain (US$6.17)

Net daily% gain was + 0.53%

Masterrmind............

Thursday June 2 - Day # 44

Heat Map (myfxbook)

News

Daily gain

Motivated daily gain is $6.20

Motivated accumulated daily gain is $245.39

Currently US$15.65 behind the motivated accumulated daily gain (end of day)!

Lets see what the market gives out!

Masterrmind...........

EUEGBP [M1; 200/manual - MN 407]



1 long cycle

5 long trades closed out manually at the DO line all winners.

Masterrmind...........

EG

Followed by 1 short cycle

3 trades generated by Expert and
3 manual entries

6 winners

Masterrmind..........

End of ATW session for Thursday (end of Day #44)

2 cycles taken: 1 long and 1 short on the EURGBP pair



11 trades

11 winners
NO losses

Daily $gain obtained was US$7.32 > motivated Daily $gain (US$6.20)

Net daily% gain was + 0.59%

Masterrmind............

10% potential loss buffer levels

Account balance now > US$1234 @ US$1237.06



The account can now handle 2 by 10% full losses without reducing the initial account balance.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

The greater the number of 10% buffer levels that the account can handle the lower the probability of losing the account!

At higher account balance levels the option to reduce the assigned maximum floating DD is also very possible and likely!

The adjusting of the assigned maximum floating DD percentage will also be based on future performance and if a major daily loss occurs!

ps. Next 10% buffer level is at US$1372 which can handle 3 by 10% losses in a row.

pps. The Excel is not just to look pretty but to serve the trader in highlighting the need to make changes to trading parameters if and as required.

Masterrmind......... :nerd:

Friday June 3 - Day # 45

Heat Map (myfxbook)

News

Daily gain

Motivated daily gain is $6.23

Motivated accumulated daily gain is $251.62

Currently US$14.56 behind the motivated accumulated daily gain (end of day)!

Lets see what the market gives out!

Masterrmind...........

Slowly but SURELY ,, going well MM ..

Yes just allowing the little account to grow up before I unleash opportunistic cycles on it!

Accelerated account growth will occur but not just yet!

If you've traded the Quantum method with a >>10K account you will know what I mean by accelerated growth.

The small account is at a turtle pace but lets be honest here it is gaining far more than a bank could ever provide .....

ps. the annualized return at current trading rate is just shy of 142% according to the data in the TE!

Masterrmind............

yeh so many dont realise the potential of even 1% per day ...

Consider the QAM- 1K Live account its currently trading at a compounded daily rate of less than 0.5%!

1% compounded rate per day would be very nice indeed!

ps. never say never to the 1% though ... you never know what might occur ....

Masterrmind...........

Expert cycle for EJ pair

Manual entries currently running on AU + EA

Masterrmind.........

Currently on close to 4% floating DD which is not preferable on a Friday especially being only 5 minutes out from Frankfurt Open!

The market might be wanting some of those recent gains returned!

Lets see what we can do to manage these trades.

Masterrmind...........

SLs + TPs adjusted over the 3 pairs.

Stops will continue to be tightened to ensure that the maximum floating DD is not breached.

Currently if all stops were to be taken out the total loss would be less than the assigned risk.

Masterrmind............ :nerd:

EURAUD - current situation



Masterrmind............

EURJPY



Masterrmind...........

AUDUSD



Masterrmind............