Peter's Journal
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
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Re: Peter's Journal
oh behave ... pooow 
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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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
Re: Peter's Journal
I had some trades yesterday on Dax and GU m1. Not bad, 4 rents, 2 wins, but I'm happy, I followed my rules.
Three rents at LO on Dax, and missed one after them:
Small win, but not the best exit I mean, it was better to let it run with -4.
One rent at B Trap on GU with Dave, and a small win, not the best exit, better exit was on Fruit candle. Next time it will be better.
Three rents at LO on Dax, and missed one after them:
Small win, but not the best exit I mean, it was better to let it run with -4.
One rent at B Trap on GU with Dave, and a small win, not the best exit, better exit was on Fruit candle. Next time it will be better.
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
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Re: Peter's Journal
Today was not the best day, I opened the setups, but 3 rents and one win.
I closed my PO on dax before the big move down. Oh well. After this I opened the setup after big move.
In the morning I had a small win. After this I had a GU rent and an UJ h1 small rent.
I know, I closed all of them in right time, this is good. The cancelled Dax PO was not good decision.
I closed my PO on dax before the big move down. Oh well. After this I opened the setup after big move.
In the morning I had a small win. After this I had a GU rent and an UJ h1 small rent.
I know, I closed all of them in right time, this is good. The cancelled Dax PO was not good decision.
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Peter's Journal
Peter,exponent83 wrote:Today was not the best day, I opened the setups, but 3 rents and one win.
I closed my PO on dax before the big move down. Oh well. After this I opened the setup after big move.
In the morning I had a small win. After this I had a GU rent and an UJ h1 small rent.
I know, I closed all of them in right time, this is good. The cancelled Dax PO was not good decision.
You cannot say 3 rents today. I think you've just added Hourly trading strategy so you ought to say, Today I had 1 rent on Dax and 2 rents on the Hourly strateyg
if you mix time frames you will never know which one is doing good and how you should approach each strategy. (hug) btw: its not a very good time to add hourlies in to your trading mix because most of the charts have topped or bottomed out and we would be waiting a couple of weeks at least for things to become normal. e.g. EU GU and UJ are on the peaks, so is Swissy. etc etc.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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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
Re: Peter's Journal
After long time: Today I will update my journal with trades from this week. I have demo and live account by 2 different brokers, so first part of these comments will be a demo account from my demo broker.
A small winner trade on Dax this Monday. Too early exit, trailing AIMS would be better.
A small winner trade on Dax this Monday. Too early exit, trailing AIMS would be better.
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
Re: Peter's Journal
UJ m1. My sl was not on the right place. And this trade was in range market. SAR after this rent.
After 2 rents I swithed my TF to m5 and made a win. Crazy mind.
After 2 rents I swithed my TF to m5 and made a win. Crazy mind.
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
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Re: Peter's Journal
I tried to catch a move back to the purple on ej m1. After rent a be for short.
I know, that it is too much pairs on m1. Next week I will try to be conservative.
I know, that it is too much pairs on m1. Next week I will try to be conservative.
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exponent83
- AIMSter
- Posts: 360
- Joined: 01 Jul 2013, 11:02
- 12
Re: Peter's Journal
And finally 2 profitable trades after NFP on this demo account last week. It was a profitable week on this demo account.
