Tracker's Journal

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tracker's Journal

Unread post by immy »

Quick question, apologies if i've asked already. Is this is your usual zoom level when you trade or do you zoom out for pics? thanks
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! 🍌
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

immy wrote:Quick question, apologies if i've asked already. Is this is your usual zoom level when you trade or do you zoom out for pics? thanks
Hi Immy,

As I am trading from my laptop at the moment I kind of switch between this zoom level (147 bars on my laptop) and and the next zoomed in level like on the 26th of June (72 bars on may laptop). But the zoomed in level does not give me a good overall picture. So I often zoom out to see where the price might hit a barrier or what the wave structure is. At home I always traded on the zoomed in level but on a way bigger screen.
I guess you are going to tell me now to stick to the zoomed in chart and not to switch around!?

Cheers,

Tracker
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

I closed the month of June with 486 Pips, but at 0.2% risk per trade that amounted to just 3.61% account growth. I might have to start cranking that up a little. Either add on more aggressively or raise the risk per trade.

I won 40% of the campaigns and lost 60%.
Biggest losing campaign was - 0.56% (lost 82 Pips here; that is not going to happen again)
Biggest winning campaign was + 1.09%
User avatar
Tomi
AIMSter
AIMSter
Posts: 954
Joined: 08 Jan 2012, 19:21
13

Re: Tracker's Journal

Unread post by Tomi »

Tracker wrote:I closed the month of June with 486 Pips, but at 0.2% risk per trade that amounted to just 3.61% account growth. I might have to start cranking that up a little. Either add on more aggressively or raise the risk per trade.

I won 40% of the campaigns and lost 60%.
Biggest losing campaign was - 0.56% (lost 82 Pips here; that is not going to happen again)
Biggest winning campaign was + 1.09%
Nice nice nice! I think it's not "amounted to just" but it's fantastic. But hey, you decide that ;) You are doing good, keep going!
User avatar
zlabis
AIMSter
AIMSter
Posts: 533
Joined: 26 Nov 2013, 08:53
11

Re: Tracker's Journal

Unread post by zlabis »

Gregor,
with 3,6% monthly growth and monthly compounding, you can double your account in not even 20 months with a tiny risk of only 0,2% per trade. The confidence will rise if you proceed with your steady success, even if the success seems small. It isn't small at all!!!

Cheers
Michael :-)
"Want what the market wants", Bill M. Williams in "Trading Chaos - Second edition"
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

Wednesday's NEO had a nice Fruit Long at the start, took it and added on twice but the market didn't breakout to the upside instantly so I moved my SL to close again and got kicked out before that nice move. Especially right near the open time I should wait with my add on if I am not willing to accept the full risk taken and leave my SL where it is supposed to be. Tried the Fruit short then at the top of wave three and instead of trying the next one, too I SARd the Fruit and went long at the worst possible point. So I missed part of the down move. Tried the AA Fruit long and SARd it, which got me into the down move for some nice Pips that covered the rents and left some profit. Could have been two perfect trades, but I screwed it up.

Camp: 426
Trade 1: Fruit Long + 9.6 Pips (0,7)
Trade 2: Add On 1 - 9.9 Pips (0,2)
Trade 3: Add On 2 - 13.4 Pips (0,2)

Camp 427:
Trade 1: Fruit Short - 17.0 Pips (0,6)

Camp 428:
Trade 1: SAR Long - 23.0 Pips (0,6)

Camp 429:
Trade 1: Fruit Long - 14.1 Pips (0,5)

Camp 430:
Trade 1: SAR Short + 61.6 Pips (0.2)
Trade 2: Add On 1 + 62.6 Pips (0.2)
Trade 3: Add On 2 + 56.5 Pips (0.2)
You do not have the required permissions to view the files attached to this post.
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

Thursday's NEO was a rent session form me. Camp 431 should have been trailed after the second attempt to breakout to the long side had failed. Camp 432 was not a good signal, should have waited for the AO to cross the zero line. The latest point to close camp 433 should have been when it crossed the green line. Even better would have been to trail the candles as we had reached TZ 2 and at that point I should have assumed that we had also reached the end of wave 5. Camp 435 was the only good campaign, but the market didn't move far enough to make good for the losses. So I lost 0.5 % today.

Camp: 431
Trade 1: Fruit Long - 18.0 Pips (0.5)

Camp: 432
Trade 1: Breakout Short - 13.4 Pips (0.4)

Camp: 433
Trade 1: Breakout Short + 1.6 Pips (0.3)
Trade 2: Add On 1 - 1.6 Pips (0.3)
Trade 3: Add On 2 - 15.0 Pips (0.2)
Trade 4: Add On 3 - 16.5 Pips (0.4)

Camp: 434
Trade 1: Fruit Long - 10.9 Pips (0.9)

Camp: 435
Trade 1: Breakout Short + 17.3 Pips (0.5)
Trade 2: Add On 1 + 11.6 Pips (0.5)
Trade 3: Add On 2 + 6.9 Pips (0.5)
You do not have the required permissions to view the files attached to this post.
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tracker's Journal

Unread post by immy »

Tracker wrote:Wednesday's NEO had a nice Fruit Long at the start, took it and added on twice but the market didn't breakout to the upside instantly so I moved my SL to close again and got kicked out before that nice move. Especially right near the open time I should wait with my add on if I am not willing to accept the full risk taken and leave my SL where it is supposed to be. Tried the Fruit short then at the top of wave three and instead of trying the next one, too I SARd the Fruit and went long at the worst possible point. So I missed part of the down move. Tried the AA Fruit long and SARd it, which got me into the down move for some nice Pips that covered the rents and left some profit. Could have been two perfect trades, but I screwed it up.

Camp: 426
Trade 1: Fruit Long + 9.6 Pips (0,7)
Trade 2: Add On 1 - 9.9 Pips (0,2)
Trade 3: Add On 2 - 13.4 Pips (0,2)

Camp 427:
Trade 1: Fruit Short - 17.0 Pips (0,6)

Camp 428:
Trade 1: SAR Long - 23.0 Pips (0,6)

Camp 429:
Trade 1: Fruit Long - 14.1 Pips (0,5)

Camp 430:
Trade 1: SAR Short + 61.6 Pips (0.2)
Trade 2: Add On 1 + 62.6 Pips (0.2)
Trade 3: Add On 2 + 56.5 Pips (0.2)
Image

Yes, SAR is good, but if you see a wave is topping out... (wave 3 as you rightly put) then potential for profits is low, i.e.e probability of higher reward is lower. its usually good when price is relatively closer to gator, and/or eWave is not peaking...
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! 🍌
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Tracker's Journal

Unread post by immy »

Tracker wrote:So I lost 0.5 % today.

YOU did not lose. The result of your trading was negative 0.5% (which is nothing) and part of the big picture... part of hte big wave of your trades....
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! 🍌
Tracker
Free Member
Free Member
Posts: 183
Joined: 25 Apr 2014, 08:05
11

Re: Tracker's Journal

Unread post by Tracker »

In Friday's NEO I repeated some mistakes from Thursday. SARd again, this time at the bottom of a Wave 3. Tried a few AA Fruits but the market kept going up. I got in the stage of: I don't want to miss the down move now, again. Unfortunately when the down move finally came there was no Fruit. So I got in at the Breakout with one Add On and recovered some of the rents payed earlier. Not a very good job today.

Camp 436:
Trade 1: Fruit Long - 17.0 Pips (0.6)

Camp 437:
Trade 1: SAR Short - 20.0 Pips (0.4)

Camp 438:
Trade 1: Fruit AA Short - 2.7 Pips (1.4)

Camp 439:
Trade 1: Fruit AA Short - 13.1 Pips (1.0)

Camp 440:
Trade 1: Fruit Short - 15.7 Pips (0.9)

-----------------------------------------------------------------------------

Result after the 22st batch of 20 Campaigns: + 131.2 Pips (account growth - 0.31 %)


Discipline score for batch # 22:

Entry score: 13
TM score: 7
Exit score: 7

Camp 441:
Trade 1: Short - 8.6 Pips (0.3)

Camp 442:
Trade 1: Breakout Short + 31.6 Pips (0.4)
Trade 2: Add On + 31.4 Pips (0.4)
You do not have the required permissions to view the files attached to this post.
Last edited by Tracker on 11 Jul 2015, 05:58, edited 2 times in total.
Post Reply