Journey of Consistency by Ghost

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Moderator

Re: Change of Plans

Unread post by Moderator »

Now I start a Second T20 Campaign - THE FRUIT :D
Testing out on Live Account on instruction of Immy (again)

Code: Select all

Total Number of Symbols: 6 
List of Symbols 
1. EUR/USD
2. GBP/USD
3. EUR/JPY
4. USD/JPY
5. GBP/JPY

[b]Entry, Exit and Risk Strategy: [/b]The Fruit [Everything according to the Book / Slack Room] 

Max Risk = 1R                      = 1% Risk
FE:                                     =Quarter of 1R 
First Add on : FA or FB Half 1R
2ND aDD ON : FA OR FB Quarter of 1R

What will I do at the end of this T20:
If the results are good and I like trading the method I will increase Risk to 1.5%. 
Moderator

DS 1 for the Day

Unread post by Moderator »

I will employ this concept that Immy gave me.

I will assess DS1 for THE DAY.

1. I must get DS1 for all the trades during the day. If I have a single DS0 the DAY is DS0.
2. I must start trading at the right time, finish at the right time. If I violate this rule, the DAY will be DS0.
3. I must record my journal in as much detail as possible. IF I miss a post it will be considered a DS0 Day. So I must make a post every day to count my Daily DS.


In doing so, I will monitor and control how disciplined I have been during the entire month. so the T20 will consist of Trading Day's for the month.
In that way I will keep a DS1 for the Week and DS for the month.
At the end of hte year, I will be able to find out how many Weeks, Day's and Months have I been 100% disciplined.

Week 1: Ds 1 or Ds 0? If any one day was DS0, week will be DS0.
Month: if any one week is DS0 month is DS0. Tough.
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