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300 days with EJ

  • #21
  • Jul 20, 2016 11:15pm Jul 20, 2016 11:15pm
Trading day: 19
Profit:1.3%
Pips: 12
Total profit: 13.1%
Total pips: 128
On my way to financial independence - if others can do it - I can do it
  • #22
  • Jul 25, 2016 12:25pm Jul 25, 2016 12:25pm
Trading day: 20
Profit:-2.5%
Pips: -22
Total profit: 10.2%
Total pips: 106

Something goes wrong. Maybe I should do only 1 trade a day. Maybe my methods are good only for some market situations. There was a moment when I was 33% on plus, now I am barely 10%. Hope within the 300 days I will at least be on BE. If I will - it will mean I am already good ;-)
On my way to financial independence - if others can do it - I can do it
  • #23
  • Jul 26, 2016 2:06am Jul 26, 2016 2:06am
Trading day: 21
Profit: 4.3%
Pips: 36
Total profit: 14.9%
Total pips: 142

Profit today but still need to think what goes wrong too often recently. I can see my risk:reward ratio is not too good, I set it as 2:3 but more often it is 2:1.
I did 7% of my planned journey, we'll see how it goes further ;-)
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 180 KB
On my way to financial independence - if others can do it - I can do it
  • #24
  • Jul 27, 2016 4:42am Jul 27, 2016 4:42am
Trading day: 22
Profit: 0.6%
Pips: 5
Total profit: 15.6%
Total pips: 148
On my way to financial independence - if others can do it - I can do it
  • #25
  • Jul 30, 2016 1:08am Jul 30, 2016 1:08am
Trading day: 23
Profit: -3%
Total profit: 12.1%
Profit in July: 4.7%
On my way to financial independence - if others can do it - I can do it
  • #26
  • Aug 1, 2016 1:21pm Aug 1, 2016 1:21pm
Trading day: 24
Profit: -2.3%
Pips: -22
Total profit: 9.2%

That's it for trading with mobile. From now on I trade only from behind my desk. When I was trading from home/behind desk only I was doing well and achieved over 30% profit in less than month. When started trading with mobile there was loss after loss. So the mobile app got deleted ;-) Hopefully it will get better now.
On my way to financial independence - if others can do it - I can do it
  • #27
  • Aug 2, 2016 7:17am Aug 2, 2016 7:17am
Trading day: 25
Profit: 14.8%
Pips: -16
Total profit: 25.3%

Worst trading day so far. Profitable, but profit due to overleveraging, overtrading, raising leverage to its maximum and trading with no sl. I just broke today due to another fail and just overleveraged to jump over to larger general profit. I feel silly when my balance goes down and down.
On my way to financial independence - if others can do it - I can do it
  • #28
  • Aug 4, 2016 12:29pm Aug 4, 2016 12:29pm
Trading day: 26
Profit: -4.1%
Pips: -38
Total profit: 20.2%

Need to focus on picking better trades
On my way to financial independence - if others can do it - I can do it
  • #29
  • Aug 8, 2016 4:18am Aug 8, 2016 4:18am
Trading day: 27
Profit: 10.1%
Pips: 90 (in 4 positions)
Total profit: 32.3%
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 189 KB
On my way to financial independence - if others can do it - I can do it
  • #30
  • Aug 11, 2016 3:09am Aug 11, 2016 3:09am
Trading day: 28 (started yesterday and finished today)
Profit: 13.5%
Pips: 133 (in 8 positions)
Total profit: 50.4%

Stupidity as I broke my rules agsin just to get big profits. Been in the trade for approx 24hrs. With small account you need to risk morr to eventually grow (or fail)
On my way to financial independence - if others can do it - I can do it
  • #31
  • Edited Aug 12, 2016 2:07am Aug 11, 2016 7:33pm | Edited Aug 12, 2016 2:07am
Trading day: 29
Profit: 16.4%
Pips: 149
Total profit: 74.6%
On my way to financial independence - if others can do it - I can do it
  • #32
  • Aug 15, 2016 4:38am Aug 15, 2016 4:38am
Trading day: 30
Profit: 15.4%
Pips: 152 (in 8 positions)
Total profit: 101.5%
Total pips: 547

​Over-leveraging is like double edge sword.
I got over 15% today but could lose 15% due to s/l. And 15% loss seems a lot. Bad emotions are triggered. I will fail more than once during the 300 days, I just did 10% of the journey. Over 100% profit means for me that even if I get margin call once I will come back to point of entry.
Who knows what will happen over the 300 days ;-) - I may pay my mortgage off, or I will kill the account (more likely ;-))
On my way to financial independence - if others can do it - I can do it
  • #33
  • Edited 10:02am Aug 16, 2016 5:13am | Edited 10:02am
Trading day: 31
Profit: 28.4%
Pips: 258
Total profit: 158.6%
Total pips: 805
On my way to financial independence - if others can do it - I can do it
  • #34
  • Aug 16, 2016 1:30pm Aug 16, 2016 1:30pm
Quoting eur usd
trading day: 31 profit: 28.4% pips: 258 total profit: 158.6% total pips: 805
GREAT, GREAT RESULTS!
But:
Attached Image
  • #35
  • Edited Aug 17, 2016 10:20am Aug 16, 2016 3:27pm | Edited Aug 17, 2016 10:20am
Quoting kostas1
{quote} GREAT, GREAT RESULTS! But: {image}
You're my inspiration. I remember I read that on the beginning of your journey you were risking more just to gain quick ;-).
I'll try not to screw it but one never knows ;-)
On my way to financial independence - if others can do it - I can do it
  • #36
  • Edited 2:55pm Aug 17, 2016 10:16am | Edited 2:55pm
Trading day: 32
Profit: 24.5%
Pips: 237
Total profit: 221.8%
Total pips: 1042
On my way to financial independence - if others can do it - I can do it
  • #37
  • Aug 18, 2016 8:02pm Aug 18, 2016 8:02pm
Trading day: 33
Huge loss. Recent few days of success triggered overconfidence and lead to mistakes. At the moment after 2 months of running the diary I have "only" 17% profit, where 24hrs ago it was about 250%.
Need to change something ;-)
Recently I was overleveraging as I wanted to grow my account to size that will allow me to trade with normal profits.
On my way to financial independence - if others can do it - I can do it
  • #38
  • Aug 19, 2016 8:55am Aug 19, 2016 8:55am
Trading day: 34
Profit: 18.7%
Pips: 21 (1 big position, not 8 smaller like before)
Total profit: 39.9%
On my way to financial independence - if others can do it - I can do it
  • #39
  • Last Post: Aug 24, 2016 2:17am Aug 24, 2016 2:17am
I am quitting forex. Same mistakes over and over again. Greed, stupidity etc. Its easy to advice others, but hard to obey the rules. Sorry Kostas to dissapoint you .
Tafa I wish you all the best pal.
Time for me to focus on rat race, do some courses, get promoted etc.
On my way to financial independence - if others can do it - I can do it
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