Billy's Trading Odyssey (carnegieent) - My Trading Journal

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carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

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6th October 2015 - Live Trade #1

A PC Cherry managed through to MicroTZ1 for 2.5%
06-10-2015-01.png
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carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

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6th October 2015 - Learning Trade #2

Another Cherry, didn't take this cherry as the AO peak didn't seem to make a new high (although it looked like a nice ZZ retrace) but it was pretty much equal, so i guess the obvious question is, is an equal peak on AO just as tradeable.

The trade would have reached MicroTZ1 (about 3%) and beyond (still moving at time of writing)
06-10-2015-xxx.png
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immy
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

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1. You took a great trade, beautiful signal and well managed.
2. The next one, Don't complicate it! you thought at that time it was not a good signal. and you were wrong. We are only right some times.
That's it. NEXT
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! ๐ŸŒ
carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by carnegieent »

9th October - Live Trades:

Trade 1: Cherry (first down arrow) with new lower peak and between gator, on the downside it is pretty well into the wave 3 down - ended up a rent.

Trade 2: PC Cherry just after my initial rent (2nd down arrow), still between gator and within the same set of dark bars ass the initial trade, took as it was a PC but the same downside exists that it is well into the wave 3 down - ended up a rent
09-10-2015-1-2.png
Trade 3: Seed, wave 5 down confirmed and first retrace of the ewave, seed formed between gator - 2% gain
09-10-2015-3.png
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carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by carnegieent »

This week is now over for me with a positive result at last, only 6 trades in total for the week but each trade was taken with confidence which makes a change.
05_09-10-15-WeeklyResults.png
From this point on as well I will be using a hard 2:1 TP (Via ATM) plus the auto moving of SL to BE that ATM also provides - its amazing how much stress this has lifted from me not having to worry about when to close a trade.

Looking forward to next week now.
Billy
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immy
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by immy »

carnegieent wrote:This week is now over for me with a positive result at last, only 6 trades in total for the week but each trade was taken with confidence which makes a change.
05_09-10-15-WeeklyResults.png
From this point on as well I will be using a hard 2:1 TP (Via ATM) plus the auto moving of SL to BE that ATM also provides - its amazing how much stress this has lifted from me not having to worry about when to close a trade.

Looking forward to next week now.
Billy
Image
Excellent trading Billy and the decision about semi automatic trading is a golden one. I too am doing that for most trades but thinking about doing it 100% of the time so that I could just leave the chart once the trade is in. I did that today , got my 2% and did not trade after that All day as the market was not really responsive.

cheers
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! ๐ŸŒ
carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by carnegieent »

14th October: First trade of week

Trade Type: PC Cherry in my estimation, set the trade and walked away, came back and saw the big drop and thought, nice one, then realised my trade had lost as i had the SL Buffer setting in ATM set wrong ~x(

Not to worry, onwards and upwards as they say.
14-10-2015-01.png
Cheers
Billy
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immy
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by immy »

Argggghhh never mind... it happens... don't look at my H1 trades that I got me out for BE's... only about 20% profit not taken... it happens... NEXT NEXT NEXT
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! ๐ŸŒ
carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by carnegieent »

15th October:

Only 1 trade for me during LO session, a Cherry trade entered but then realised that it was invalid as it was diverging, so took the opportunity to exit at the first available SR level i had.
15-10-2015-01.png
Thanks
Billy
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carnegieent
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ

Unread post by carnegieent »

October 12th - 16th Weekly Summary:

Only 2 trades for me this week, finishing on a small loss so not much to talk about really.
12_16-10-15-WeeklyResults.png
Looking forward to the new week now

Thanks
Billy
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