Billy's Trading Odyssey (carnegieent) - My Trading Journal
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
6th October 2015 - Live Trade #1
A PC Cherry managed through to MicroTZ1 for 2.5%
A PC Cherry managed through to MicroTZ1 for 2.5%
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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)
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)
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- immy
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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
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
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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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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
Trade 3: Seed, wave 5 down confirmed and first retrace of the ewave, seed formed between gator - 2% gain
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
Trade 3: Seed, wave 5 down confirmed and first retrace of the ewave, seed formed between gator - 2% gain
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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.
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
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
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.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.
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
cheers
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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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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.
Cheers
Billy
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.
Cheers
Billy
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- immy
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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
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!
-
- Free Member
- Posts: 17
- Joined: 25 Nov 2014, 22:59
- 10
Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
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.
Thanks
Billy
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.
Thanks
Billy
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Re: Billy's Trading Odyssey (carnegieent) - My Trading Journ
October 12th - 16th Weekly Summary:
Only 2 trades for me this week, finishing on a small loss so not much to talk about really.
Looking forward to the new week now
Thanks
Billy
Only 2 trades for me this week, finishing on a small loss so not much to talk about really.
Looking forward to the new week now
Thanks
Billy
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