Peter's Journal
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Peter's Journal
Wicked trading mate wicked
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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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Michal
- Free Member
- Posts: 762
- Joined: 28 Aug 2012, 01:13
- 13
Re: Peter's Journal
Nice one Pete! (wd)
it seems that im the only one for dax on m1
it seems that im the only one for dax on m1
All I need is Aims. Just love it !
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
Re: Peter's Journal
Thanks Michal. I don't think so Michal.
I mean, I trade on m5 this month, and I will see, which one is better for me, probably I will going back to m1, I don't know it now.
I mean, I trade on m5 this month, and I will see, which one is better for me, probably I will going back to m1, I don't know it now.
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wiseambitions
- AIMSter
- Posts: 1127
- Joined: 17 Sep 2012, 21:36
- 13
Re: Peter's Journal
Nice day's work, but you must have been a bit worried for a moment with the 50pip rent on top of that 26, but you have it one more try, well two actually, and came out the right side 
I wish more people would come on here to share something on their journals
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
[center]IF YOU CANT EXPLAIN IT SIMPLY YOU DON'T UNDERSTAND IT WELL ENOUGH (Einstein)
1% daily gain, compounded for 250 trading days, (approximately one year) would produce 1103% account growth[/center]
"Markets reflect the positioning of the sum total of investors – they are not driven by something an individual investor knows that the rest of us don’t, but they do to an extent reflect what investors think other investors are thinking and so can diverge in the shorter term from the economic fundamentals."
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Peter's Journal
No going back to m1
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
Re: Peter's Journal
These trades were on live account today. I'm not ready to trading live account yet. A lot of big mistakes happened today.
I didn't open the classic breakout in the morning on m5 dax. And I didn't left open the GU H1 trade, this was the biggest mistake of the day. Total score today: -64 pips
I didn't open the classic breakout in the morning on m5 dax. And I didn't left open the GU H1 trade, this was the biggest mistake of the day. Total score today: -64 pips
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Peter's Journal
Peter point 1 ignore h1 for now.
Point 2. complete at least 5 t20s with max 1 error per 5 batches of t20. Meaning 100 trades with 95% Accuracy Then you start live and apply t20 same way.
Point 2. complete at least 5 t20s with max 1 error per 5 batches of t20. Meaning 100 trades with 95% Accuracy Then you start live and apply t20 same way.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Peter's Journal
The way to trade better is to make consistency your goal of trading. What better way to do that than on demo? I know it might be not exciting and you may get bored but if you apply it correctly, gradually you will get the process and start enjoying it.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Peter's Journal
The reason you exited your gu trade is that you did not believe it will give you profit you thought it might be another rent so you thought why nowt protect your account and kill the rent because you knew it was not gonna be a winner.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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!
-
exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
