Journey of Consistency by Ghost

[Moderator]

So I completed another study of my 2 months of trading and I'm quite happy and upset at the same time.

Which means, I was upset to find out about how many DS0 trades I took
I was upset I changed 3 times.
But then I found out that I was upset because results were not great.

That lead to a discovery.

The Fruit method / Setup trades on its own would have given a a postive outcome and drawdown was much low compared to the 3% I have now. Here is a picture that shows it all. You can go to my account to see it yourself.

This picture below shows results without the trades that I took using a third, method. (seeds).
I achieved this by using the Tag function. I tagged each trade with either DS1, DS0 or NULL. Null meant it was third method. Could also be called DS0 though.

Trade Outcome without Null Trades.png

The following picture shows how I'd have faired without the DS0 trades.


I have achieved this by filtering NULL and DS0 Tags showing only trades with DS1 tag.

DS1 Trades Only.png

Finally, below picture of what it IS RIGHT NOW... REALITY SUCKS....

The Actual-Real Picture as it stands..png

Two Important Points I learn from this.

1. Keep a VERY strict eye on DRAWDOWNS... The way to control drawdowns is RISK Management. Don't risk all 1% on one trade.
2. The future is bright. If I could manage drawdowns to never exceed 5% and keep going I will make it to the other side without a bloody face, no scars of battle cuts and bruises.

[Tomi]

For controlled drawdown: trade only by the plan. Follow it to the letter.

Overall I really like your statistical, open and analytical approach. Many great trades also. Really, just keep going and observing!

[Moderator]

For controlled drawdown: trade only by the plan. Follow it to the letter.

Overall I really like your statistical, open and analytical approach. Many great trades also. Really, just keep going and observing!

Thanks Tomi


for me that I stick to the plan.

I have noticed that I cannot trade even a single method inside AIMS method.

[Moderator]

1. Trade Number: 13
2. Date/Time: 29/10/2018
3. Symbol: EUR/JPY
4. Time Frame: H1
5 Buy/Sell: Sell/BUY
5. Initial Entry Type: FBOX / SAR Long
6. Add Taken: Yes Box
7. Comments and Feelings at the Time of Taking The Trade:
I went short and quickly realised it was not going down and it was a PC / B trap. So I went long.
I Timed Long using M15 Fruit. DS0 f or sure


6. After Comments: It was a fancy trade I should keep it simple and stick to plan.

DS for this trade: 0 (DS 0 because I did not follow plan correctly. exit was ok. Box Trail )
DS Total: 9/13 (69% almost on target only just)



Profit in R's:

[Moderator]

1. Trade Number: 14
2. Date/Time: 29/10/2018
3. Symbol: GBP/USD
4. Time Frame: H1
5 Buy/Sell: Sell
5. Initial Entry Type: FBOX / S1
6. Add Taken: Box
7. Comments and Feelings at the Time of Taking The Trade:
Clearly a down trend market. FBOX is available. could be next 5 down. Lets find out.

exit on trailing candles


6. After Comments:
DS for this trade: 1 (I think tis a 1 for now though being strict it should be 0 )
DS Total: 10/14 (back to on target 71%)


Profit in R's:

[Moderator]

1. Trade Number: 15
2. Date/Time: 29/10/2018
3. Symbol: USD/CAD
4. Time Frame: H1
5 Buy/Sell: BUY
5. Initial Entry Type: FBOX
6. Add Taken: FB
7. Comments and Feelings at the Time of Taking The Trade:
It was a nice Setup 1 - FBOX.


6. After Comments: Perhaps I should have not moved the box but I think it is ok to minimise risk.

DS for this trade: 0 - because moved SL to wrong location
Total DS: 10/15 (66% Next 5 trades must be DS1 - Be extra careful with entries, and exits)

[immy]

1. Trade Number: 14
2. Date/Time: 29/10/2018
3. Symbol: GBP/USD
4. Time Frame: H1
5 Buy/Sell: Sell
5. Initial Entry Type: FBOX / S1
6. Add Taken: Box
7. Comments and Feelings at the Time of Taking The Trade:
Clearly a down trend market. FBOX is available. could be next 5 down. Lets find out.

exit on trailing candles


6. After Comments:
DS for this trade: 1 (I think tis a 1 for now though being strict it should be 0 )
DS Total: 10/14 (back to on target 71%)


Profit in R's:

I'm impressed buddy. Great discipline and patience... good exit so far.. Rinse and Repeat .. it was one good setup 1

[Moderator]

1. Trade Number: 16
2. Date/Time: 31/10/2018
3. Symbol: EUR/USD
4. Time Frame: H1
5 Buy/Sell: BUY
5. Initial Entry Type: FE
6. Add Taken:
7. Comments and Feelings at the Time of Taking The Trade:
I See 1-5 possibly completed. Fruit at TZ1. Quarter Risk to test the waters

?Exit: Stop loss hit. NEXT


6. After Comments: It was a perfectly fine Fruit signal, formed at TZ1.
DS for this trade: DS1
DS Total: 11/16 (68% getting back there)

[Moderator]

1. Trade Number: 16
2. Date/Time: 31/10/2018
3. Symbol: USD/CAD
4. Time Frame: H1
5 Buy/Sell: BUY
5. Initial Entry Type: FBOX
6. Add Taken:
7. Comments and Feelings at the Time of Taking The Trade:
I just saw this trade setting up. its been trying to do something for a few days. d1 trend is up. tehre is 3 and 4 thought it might go into 5 up why not give it a quarter risk try.


6. After Comments:
Update: 1/11/18 - 22:00 I was so busy today I forgot to check the trades .luckily I had moved SL to BE for this so all good. moreover, it still would not have mattered had it hit SL. or TP whatever

DS for this trade: 1
Total DS: 12/17 (70% back on track come on baby )

[Moderator]

1. Trade Number: 16
2. Date/Time: 31/10/2018
3. Symbol: EUR/USD
4. Time Frame: H1
5 Buy/Sell: BUY
5. Initial Entry Type: FE
6. Add Taken:
7. Comments and Feelings at the Time of Taking The Trade:
I See 1-5 possibly completed. Fruit at TZ1. Quarter Risk to test the waters

?Exit: Stop loss hit. NEXT


6. After Comments: It was a perfectly fine Fruit signal, formed at TZ1.
DS for this trade: DS1
DS Total: 11/16 (68% getting back there)

It did happen just not on that signal.... Interesting thought ... don't give up.. keep taking the signals...