Michal's Journal

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immy
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Re: Michal's Journal

Unread post by immy »

Michal wrote:Demo account

Just a bit of explanation : i dont use fixed amount of lots for trades. My risk is 1 % based on Fruit candle or Aims box.
The Fruit setup requires that you focus on your current time frame there is no need to look at m5. As per the rules. If you have m5 then you're trend trading and mixing it up. again, don't blame me hehe
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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immy
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Re: Michal's Journal

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Michal wrote:Demo account

Just a bit of explanation : i dont use fixed amount of lots for trades. My risk is 1 % based on Fruit candle or Aims box.
Fantastic Trades! well done matey... well done... \m/ Now you have to do it enough time so it becomes part of your "personality as a trader". repetition is the mother or learning. Demo trading for a day or two won't help. You ahve to double your account. go on buddy you can do it.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
Michal
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Re: Michal's Journal

Unread post by Michal »

thank you Immy

One thing since you told me i should use fixed amount of lots how do you guys are able to catch those fruits than? As i was using Easy order and then script to move lines to last bar - made by Darren. But manually oh man :) i dont know how to cope with speed of m1 any suggestions? :)
All I need is Aims. Just love it !
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immy
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Re: Michal's Journal

Unread post by immy »

Oh well, just carry on using the script and the thing by Darren, its working fine!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
Michal
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Re: Michal's Journal

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:) really happy as long time didnt have such a trade on m15 ... I dont know how far it will go since i see w5 became w3 but i dont want to be greedy as being one always goes against me :)
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All I need is Aims. Just love it !
Michal
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Re: Michal's Journal

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:)
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All I need is Aims. Just love it !
Michal
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Re: Michal's Journal

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and here is my demo account :)
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All I need is Aims. Just love it !
Michal
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Re: Michal's Journal

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another demo with question :)

I got stopped out on this one so : -1% :) to my account

So my goal for demo account is to double my account with Fruit trades- I dont know how long it will take but i will get there ! ;) with Fruits

So i give up for today since my account is hit by 3 rents = 3% that's my daily limit ( Should really have one when trading Fruits?? )
below the second picture is the latest
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All I need is Aims. Just love it !
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immy
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Re: Michal's Journal

Unread post by immy »

Michal wrote:another demo with question :)

I got stopped out on this one so : -1% :) to my account

So my goal for demo account is to double my account with Fruit trades- I dont know how long it will take but i will get there ! ;) with Fruits
You should know exactly how long it would take mate :) at 4% a week you should be able to double it near the 20th week. :) make that 10% a week and you'll double it in 2 months. :) Zlabis did in 3 weeks so you can too! (risking 1% on 15 pips)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
Michal
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Posts: 762
Joined: 28 Aug 2012, 01:13
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Re: Michal's Journal

Unread post by Michal »

Also Immy is there some time i should trade Dax only ? as I dont want to trade it whole day long and i know Michael Z. has got only and hour or two a day. Could you please give me a hint when to be on this dax. I was thinking maybe only from 13.00 uk - 15.00 uk ( after 3 i leave my house for training) so i thought of this hours let me know what you think is best ;) cheers

I really appreciate that Demo account it's just great ! :)
All I need is Aims. Just love it !
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