David's journal
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moty
- Free Member
- Posts: 251
- Joined: 04 Dec 2011, 20:29
- 13
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azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
I have been too busy with my family and work during the last few months to trade. Since I want trading to be a part of my life I decided to quit my job.
I will spend some time reading the forums (its a gold mine of information) and trade my demo account for a while until I am comfortable and consistently profitable.
I will start updating my journal again in a few days.
I will spend some time reading the forums (its a gold mine of information) and trade my demo account for a while until I am comfortable and consistently profitable.
I will start updating my journal again in a few days.
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: David's journal
David... I wish you all the best. Stay disciplined and take it easy. Have fun with it!
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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azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
Thanks guys 
Made too many trades today (most of them very bad so I wont post them here). I will post all my trades once I am satisfied with the way I trade. Im still getting back into the game so within a few weeks I should be making more pips with much less trades. I did end the day on a positive note with these trades on the DAX. I just love how those big wins pay for so many bad trades and then some
Made too many trades today (most of them very bad so I wont post them here). I will post all my trades once I am satisfied with the way I trade. Im still getting back into the game so within a few weeks I should be making more pips with much less trades. I did end the day on a positive note with these trades on the DAX. I just love how those big wins pay for so many bad trades and then some
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azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
the 2 trades im proud of today. the rest were either rents or mistakes from overtrrading this morning. Paid for all those mistakes and im left with some solid profits for the day.
I am really excited about adding the fruit strategy to my trading. Will start posting as I make trades with it.
I am really excited about adding the fruit strategy to my trading. Will start posting as I make trades with it.
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azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
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Re: David's journal
took a UJ fruit which was end of wave 4 for a nice profit. Entry gave me a tight SL so I could go big with the lot sizing
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: David's journal
Fantastic Trading David... well done.. i LIKE it.
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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azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
Today was difficult for me with the dax. Many rents but it eventually turned around and I ended the day at break even with this one trade: caught end of wave 4 with fruit and managed to ride most of wave 5. I exited on the first fruit with good angulation and took a short. Market proved me wrong and went back up. At this point I should have taken that long but I had to leave so didnt want to leave a trade running.
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azadar
- AIMSter
- Posts: 245
- Joined: 01 Dec 2012, 01:53
- 12
Re: David's journal
Very profitable day with dax Managed to want what the market want and I followed the moves pretty closely. Really proud of my trading today.
I have a question though. On my last trade, I added on on the break of a 30ish pips aims box. Where should the SL be put in this case? What about lot sizing? Let me know what you guys think.
Edit: 2 more trades taken, one winner and one rent.
Ending the day with + 163 pips and I have been sitting at the computer for 2 hours at most. New daily record for me
Managed to want what the market want and I followed the moves pretty closely. Really proud of my trading today.I have a question though. On my last trade, I added on on the break of a 30ish pips aims box. Where should the SL be put in this case? What about lot sizing? Let me know what you guys think.
Edit: 2 more trades taken, one winner and one rent.
Ending the day with + 163 pips and I have been sitting at the computer for 2 hours at most. New daily record for me
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Last edited by azadar on 09 Oct 2014, 17:04, edited 2 times in total.