I won't move my stoploss Journal | Forex Factory

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I won't move my stoploss Journal

  • #1
  • First Post: Edited Mar 28, 2017 4:15am Mar 21, 2017 11:16am | Edited Mar 28, 2017 4:15am
This is a journal to record how i never move my stoploss from here onwards.

Quotes:-

  1. Less is more
  2. Be like crocodile


Rules:-

  1. Only high volume and ABCD trades
  2. High volume needs previous reversal bars and momentum swing
  3. ABCD must have equal distance and only reach 161.8

Risk:-

  1. 5% percent for every trade
  2. Never move stoploss, not even once
  3. Record every trade here if possible

  • #2
  • Mar 21, 2017 4:16pm Mar 21, 2017 4:16pm
Quoting CrocodileRex
This is a journal to record how i never move my stoploss from here onwards. Rules:- Only high volume and ABCD trades High volume needs previous reversal bars and momentum swing ABCD must have equal distance and only reach 161.8 Risk:- 5% percent for every trade Never move stoploss, not even once Record every trade here if possible
Not even to BE ... sometimes it's a good move.

Good luck
The funniest, is that nobody takes me seriously.
  • #3
  • Mar 22, 2017 3:35am Mar 22, 2017 3:35am
moved stoploss: none
emotion level: slightly above average
drawdown: 3-4 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURCADM5 3-22.png Size: 61 KB
  • #4
  • Edited 4:07am Mar 22, 2017 3:52am | Edited 4:07am
moved stoploss: none
emotion level: above average
comment: price retraced 20 pips above 100 line. bad symmetry.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM5 3-22.png Size: 51 KB
Click to Enlarge Name: EURJPYM15 3-22.png Size: 47 KB
  • #5
  • Mar 22, 2017 5:31am Mar 22, 2017 5:31am
moved stoploss: none
emotion level: normal
comment: drawdown -8.5pips. Closed 0.7 pips earlier. Hit tp.
Attached Image (click to enlarge)
Click to Enlarge Name: pGCIl7oy 3-22.png Size: 77 KB
  • #6
  • Mar 22, 2017 10:30am Mar 22, 2017 10:30am
stoploss move: none
emotion level: above average, still in one trade that dont look good, and frustrated because of missing trades earlier
comment: forced trade on this one, bad symmetry, bad stoploss also
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5 bad symmetry.png Size: 69 KB
  • #7
  • Mar 22, 2017 10:59am Mar 22, 2017 10:59am
stoploss move: to b/e after price went +8 +9
emotion level: drunk, still have one trade going
comment: not a good one but still fits the rule, late entry, revenge trade after the previous one
advice: come back in 30 mins, watch a movie
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5 3-22 drunk.png Size: 67 KB
  • #8
  • Mar 23, 2017 12:14am Mar 23, 2017 12:14am
stoploss move: none
emotion level: tired and last trade before closing in
comment: good setup, text book trade, closed platform and let it run itself, kiwi was bad though, don't utilize pivot with volume
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM5 3-22 2nd.png Size: 72 KB
Click to Enlarge Name: wiG5lVKP kiwi bad with pivot.png Size: 96 KB
  • #9
  • Mar 23, 2017 3:18am Mar 23, 2017 3:18am
stoploss move: none
emotion level: normal
comment: wave within wave, higher dominates. next
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDM5 3-23 fail.png Size: 53 KB
  • #10
  • Mar 24, 2017 7:26am Mar 24, 2017 7:26am
stoploss move : none for eurnzd , last swing for eurjpy
emotion level : above normal for both as not infront of computer
comment: both text book trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZDM153-24.png Size: 69 KB
Click to Enlarge Name: EURJPYM153-23.png Size: 75 KB
  • #11
  • Mar 25, 2017 8:22am Mar 25, 2017 8:22am
Good job CrocodileRex

Maintain (its the hard part) the discipline.
In the medium term the money will appear.

Even starting with small bucks.
Starting with 100$ a 2% a day in about 2 years 1M

All the luck for you.
The funniest, is that nobody takes me seriously.
  • #12
  • Edited 9:53am Mar 27, 2017 8:16am | Edited 9:53am
stoploss move: none for both
emotion level: normal for both
comment: bad trade for nzd/cad, forced entry because of boring monday, got volume and trendline for confluence still failed. Price actually tested for 15 pips before. aud was not perfect also, forced trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDCADM15 3-27.png Size: 55 KB
Click to Enlarge Name: AUDUSDM15 3-27.png Size: 59 KB
  • #13
  • Mar 27, 2017 9:56am Mar 27, 2017 9:56am
stoploss move: none
emotion level: normal
comment: textbook loss. big timeframe got wrong as it was side for both. New york open also and health bill trump effect. NEXT.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADM5 3-27 fail.png Size: 60 KB
  • #14
  • Mar 27, 2017 12:07pm Mar 27, 2017 12:07pm
CR Iīm not trying to be smart, just given my humble opinion.
Hope you donīt mind.

It seems you are using a rigid SL.
Why not using/adjusting the SL according with the structure.

I think it will improve your trading, because you already have discipline.
The funniest, is that nobody takes me seriously.
  • #15
  • Mar 27, 2017 11:01pm Mar 27, 2017 11:01pm
stoploss move: none
emotion level: tired for both, midnight trade, letting euro run
comment: nzd/jpy was good, textbook trade. Euro was not good, listening to others and trading during forming volume, no confluence
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDJPYM15 3-27.png Size: 75 KB
Click to Enlarge Name: cWMBK4Ff 3-27 eurusd.png Size: 74 KB
  • #16
  • Edited Mar 28, 2017 12:32am Mar 27, 2017 11:02pm | Edited Mar 28, 2017 12:32am
Quoting FairTrader
CR Im not trying to be smart, just given my humble opinion. Hope you dont mind. It seems you are using a rigid SL. Why not using/adjusting the SL according with the structure. I think it will improve your trading, because you already have discipline.
Thanks for the advise. But i am mostly trading counter trend, and if i moved my stoploss or take profit bigger, it will affect my hit rate. Hope that makes sense.

You are doing good however from your trade explorer. How long have you been trading yeah?
  • #17
  • Mar 28, 2017 1:31am Mar 28, 2017 1:31am
stoploss move: none
emotion level: above normal
comment: loonie has been a bitch lately. Or maybe volume not strong enough. Still forcing trades after previous losses. tested 2 pips earlier.
Attached Image (click to enlarge)
Click to Enlarge Name: zc6FuNBm 3-28 fail.png Size: 89 KB
  • #18
  • Mar 28, 2017 3:53am Mar 28, 2017 3:53am
Quoting CrocodileRex
{quote} Thanks for the advise. But i am mostly trading counter trend, and if i moved my stoploss or take profit bigger, it will affect my hit rate. Hope that makes sense. You are doing good however from your trade explorer. How long have you been trading yeah?
I understand your point. Keep going

But we all are counter trend traders at some point.
And we all are trend traders at some point also.
And I always need to have structure to put my SL.

I think +6 years I donīt remember well when I started.
The funniest, is that nobody takes me seriously.
  • #19
  • Mar 28, 2017 4:12am Mar 28, 2017 4:12am
stoploss move: none
emotion level: normal
comment: textbook high volume abcd trade. tp +0.5 for the landlord
Attached Image (click to enlarge)
Click to Enlarge Name: WE4uqjfx 3-28 euro.png Size: 67 KB
  • #20
  • Mar 28, 2017 9:51am Mar 28, 2017 9:51am
I wish you an iron discipline & will.
I know what you mean about mess with SL/TP will affect hit rate. Still improving my self for the discipline part too.

Good luck in your journey.
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