1 year profitable trading goal | Forex Factory

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1 year profitable trading goal

  • #1
  • First Post: Edited Oct 25, 2016 12:05pm Jul 21, 2016 7:10pm | Edited Oct 25, 2016 12:05pm
You must post a request note in this thread to be included in the list and be a part of this challenge.

Current list of participants attached below in pdf.

Rules of the thread:

Trades have to be live, not demo.

This not a strategy or indicator sharing thread. If you are still looking for a strategy, then PM someone, or go to another thread to find what you are looking for. This thread is not to promote any trading methods. It is simply an interactive trading thread for experienced traders who are trying to get past that 1 year profitable milestone.

Please note, you can only post on this thread if:

1) you have a live account TE uploaded or myfxbook and linked to your post as a signature
2) you open/close at least a few trades every month
3) you are respectful to others here (Profanity = disrespect, don't use it here when posting).
4) you agree to be a part of this challenge

Primary goal of the thread summed up: Recognizing individual achievements, promoting transparency, honesty, patience, humility, respect, and discipline. The goal will be to encourage and recognize as many traders as possible to reach the 1 year milestone

How to create TE, and make part of posting signature:

http://www.forexfactory.com/userguid...trade_explorer
Attached File(s)
File Type: pdf 1 Year Profit Ability.pdf   63 KB | 1,212 downloads | Uploaded Oct 25, 2016 12:05pm
  • #2
  • Jul 22, 2016 5:17am Jul 22, 2016 5:17am
check my te, if i already enought conditions to share in this thread. or i will wait some one else posting here
3Some Candle TacticaL
  • #3
  • Jul 22, 2016 5:30am Jul 22, 2016 5:30am
Quoting Mozak
check my te, if i already enought conditions to share in this thread. or i will wait some one else posting here
mozak my bro the crocodile master
the gambler
the devils apprentice Return Today: na
  • #4
  • Edited 9:24am Jul 22, 2016 9:05am | Edited 9:24am
Quoting Mozak
check my te, if i already enought conditions to share in this thread. or i will wait some one else posting here
Sir Mozak!

Looks like you have already 1 year profitability. Congrats!

Of course, I think it is a good thing for anyone who already has achieved the 1 year profitable milestone to contribute.

You're welcome to post, but if you want to start another 1 year profitability venture with everyone else, you'd need to start a new account. So, you are welcome to post, but you'll not qualify for being part of the challenge, unless you start a new account as per challenge rules...
  • #5
  • Jul 22, 2016 9:32am Jul 22, 2016 9:32am
Cool idea, benaiah. Count me in.
check out my blog: forexmademillionaire dot com
  • #6
  • Jul 22, 2016 9:36am Jul 22, 2016 9:36am
Quoting Geppy
Cool idea, benaiah. Count me in.
Well, since I was inspired by your "challenge" to come up with the idea, of course! lol
  • #7
  • Edited 9:59am Jul 22, 2016 9:54am | Edited 9:59am
I will join You soon benaiah. Hope I will keep my promise. I Like this! Should You add #6 Rule as a suggestion: #6. Only $1000 minimum account eligible for this thread? And TE FF is not that good. The best one still myfxbook fortpolio TE.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #8
  • Jul 22, 2016 9:56am Jul 22, 2016 9:56am
Quoting RoelsMajor
I will join You soon benaiah. Hope I will keep my promise. I Like this! Should You add #7 Rule as a suggestion: #7. Only $1000 minimum account eligible for this thread? And TE FF is not that good. The best one still myfxbook fortpolio TE.
minimum account balance, I don't think it necessary. I was going to start with 1k, but I thought to myself, why should I do that? I can just build 500 into 1k in a week or 2 (at least that's the goal)..

but I like your myfxbook idea...
  • #9
  • Jul 22, 2016 10:21am Jul 22, 2016 10:21am
well, I'm done trading for the day. Spent about 1 hour in front of the charts, which is ideal for me, and less than the 2-3 hour limit I have before I start losing my emotional stability to trade...

Hope every one has a good trading day...
  • #10
  • Jul 22, 2016 10:51am Jul 22, 2016 10:51am
I don't think any one time frame is the BEST. I don't think intra-day is better than swing trading. I also think the most important aspect of trading is discipline, patience, and money management. Controlling risk is a big factor as well. This may go without saying, but when I hear traders say that they "double" their risk after a loss, this a very bad idea, imo, and just a matter of time before they blow their account...

Pro traders do the opposite. If they have a string of losses, they decrease their risk until they recover.

on to one of my trade ideas, mid-long term...

Gold - looking to get long at around 1300, and 1272. I may skip the 1300, depending on when it gets there and how much equity I have... But if it touches 1272, I'll probably go for it and target 800+ pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gold.png Size: 35 KB
  • #11
  • Jul 22, 2016 10:52am Jul 22, 2016 10:52am
btw, I did have a short trade on gold, but I mismanaged my risk and had to let it go. I'd look to short again, but I figure safer to just wait for the long opportunity in line with current trend...
  • #12
  • Jul 22, 2016 10:54am Jul 22, 2016 10:54am
I look for gold to present a really good buy around 1270-75ish come August. Then look for a really good bull run, possible through end of year...
  • #13
  • Jul 22, 2016 10:54am Jul 22, 2016 10:54am
so... whatever happens I look for gold to present a really good buy opportunity come August. Then look for a really good bull run, possible through end of year...
  • #14
  • Jul 22, 2016 10:55am Jul 22, 2016 10:55am
lol, sorry for duplicate post
  • #15
  • Jul 22, 2016 10:57am Jul 22, 2016 10:57am
Right now, I think gold is the only thing I'll trade mid-long term... For intra-day, UJ is my choice... Keeping it simple...
  • #16
  • Jul 22, 2016 11:19am Jul 22, 2016 11:19am
Quoting benaiah
I don't think any one time frame is the BEST. I don't think intra-day is better than swing trading. I also think the most important aspect of trading is discipline, patience, and money management. Controlling risk is a big factor as well. This may go without saying, but when I hear traders say that they "double" their risk after a loss, this a very bad idea, imo, and just a matter of time before they blow their account... Pro traders do the opposite. If they have a string of losses, they decrease their risk until they recover. on to one of my trade...
i'v been trying timeframe m15,m30,h1, and for the last, i'm using H1 as suitable with my trading style and methode ( sorry for my english
3Some Candle TacticaL
  • #17
  • Jul 22, 2016 11:28am Jul 22, 2016 11:28am
Quoting Mozak
{quote} i'v been trying timeframe m15,m30,h1, and for the last, i'm using H1 as suitable with my trading style and methode ( sorry for my english
all time frames are good. I typically look at 3-4 time frames before I enter a trade...
  • #18
  • Jul 23, 2016 3:41pm Jul 23, 2016 3:41pm
Sounds good. Count me in.

To me any person with a positive return after a year is a winner.

Good luck to everyone.
  • #19
  • Jul 23, 2016 6:08pm Jul 23, 2016 6:08pm
I'll come in when I have set up an explorer
  • #20
  • Jul 24, 2016 9:54am Jul 24, 2016 9:54am
But is it ok to take out some profit within that 1 year? If yes then ill join as well.
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