Peter's Journal

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exponent83
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Re: Peter's Journal

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Re: Peter's Journal

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Last edited by exponent83 on 21 Mar 2015, 16:34, edited 1 time in total.
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exponent83
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Re: Peter's Journal

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immy
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Re: Peter's Journal

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Awesome catch but bad exit. gotta let them run still not bad at all
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: Peter's Journal

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And I will tell everyone in here trading AIMS! Trade H1 time frame, specially beginner. Trust me you will make A LOT more and your success rate will be higher and you will make a lot less mistakes. Mistakes is the biggest problem of beginners and the faster the time frame the more prone you are to mistakes. Start on H1 and you may switch to faster time frame a few months later but why would you when you will be already doing so well on h1. So far whoever I worked with and recommended to switch to h1 have never returned back to faster time frames and are happy there and consistently successful.
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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exponent83
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Re: Peter's Journal

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Thanks for your comment. I will do this. I'm thinking about two options at exit of fruit trade.

1. Exit at valid fruit signal, and SAR, OR

2. Don't exit on valid fruit signal, BUT take a PO at Fruit candle, let the initial trade run, and exit on green line, if the fractals are far from Alli, otherwise trailing fractals/exit on trailing fractals at 'Alli parallel market'.

Sometimes the first, sometimes the 2nd option is the best. But I mean, I am going to use the 2nd one in the future. It can give me freedom, and I can be 'always' in positions, I will never miss big moves. :)
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exponent83
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Re: Peter's Journal

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My previous rules are hard to take. I have some good trades on H1, I'm on the right track anyway.

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Re: Peter's Journal

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Today's best campaign. It's too late to upload all of my trades, but from tomorrow I will do this. Over 200 pips, I loved it :)

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