Grants Journal [Awarded Title: Guru of the Gurus]

[harmonicfibo]

Hi Grant..Could i ask you how do you decide to Take profit?

[Kyle]

TP is set at 2:1 Reward:Risk, so if SL (1% risk) is 10 pips, TP is 20 pips(2%)

[Grant]

Hi Grant..Could i ask you how do you decide to Take profit?

Thanks for the answer K, just to add to that...

2:1 R:R is standard and has to be achieved before the TZ 1 we are working towards. If That TZ1 is say 2.5R or 3R away i may be tempted to target that level instead of the standard 2R. Doesn't happen very often but it does happen.

Hope that helps
Grant

[immy]

Hi Grant..Could i ask you how do you decide to Take profit?

Thanks for the answer K, just to add to that...

2:1 R:R is standard and has to be achieved before the TZ 1 we are working towards. If That TZ1 is say 2.5R or 3R away i may be tempted to target that level instead of the standard 2R. Doesn't happen very often but it does happen.

Hope that helps
Grant

HarmonicFib

Your asked a great question and I'd like to thank you for that. so Thank you for asking and thanks Gman for a super simple and elegant answer.

cheers

[MagicMurph]

Well done Grant on a great month. You are an inspiration buddy ... your discipline is infectious !!!!!!!!!

[Grant]

Good Afternoon folks,

a quick update for my trades this month... there aren't that many due to work and kid commitments.

despite that a nice return on the number of trades taken and a decent end to a very decent year.

pics attached

Grant

[Grant]

Soooooo,

that was 2015..

Thanks to all of you who take the time to read this journal, it helps me stay disciplined knowing that it will be scrutinised by you all. ^:)^

Also thanks to the skype crew... Trading from home on your own can be a lonely business, going into the skype room when i am trading helps a lot. ^:)^

Finally, my family and I wish you all a very Merry Christmas and a Happy, Healthy and Wealthy 2016.. (I cant wait!!!)

Cheers

Grant

[immy]

Grant,

Thank you very much for sharing your knowledge and wisdom with us. Its been an absolute pleasure having you around here in the forum and in the skype room.
I also want to thank you once more for your fantastic Flowchart which is part of our FINAL Strategy AIMS The HUNT. Again, I cannot write this without thanking our esteemed colleague, trading buddy and a good friend Steve the awesome Snorm. Together we have created a simple but powerful trading system.

Finally, I wish you and your family and friend a merry christmas and a happy new year...

Jingle bell jingle bell jingle all the way...
oh what fun it is to trade a simple strategy...

jingle!! jingle bell jingle ALL THE WAY.....

[Kyle]

A great end to the month, and year Grant.

Thank you so much for not only sharing your flowchart, but also your trades through out. They truly help so many people.

Also, on a personal one, thanks also for helping me personally, with your trading advice over the year. I'm pretty sure it would have been frustrating at times, but you have helped me immensely, along with Immy and Steve

I wish you and your family a very merry christmas, a fantastic break surrounded by loved ones. Keep safe, and look forward to continuing the journey into next year. I am looking forward to the break for a refresh myself, but also looking forward to the start of the new trading year and the consistency that will occur.

[Grant]

Evening Everyone,

Have eventually got round to updating January's trading...

Was a decent month considering the volatile nature of the Dax market.

Pics attached below of the trades i took..

here is to a better Feb

Cheers
Grant