Nikita`s journal

[Nikita]

Hello everyone!
I have read almost all manuals, watched webinars and finally decided to create this journal.
I will be really glad to hear some useful critics and advices!

Here is my first trade EU m1:

eu m1.jpg

And simultaneously GU m1 appeared:

gbpusdm1.png

So it was nicely 2% growth. Only the beginning!

[Nikita]

Todays update.
Due to my small experience - i failed with my EU trade..
Nice entre - and awful exit.

eurusdm1.jpg

[Darren]

Good attempt Nikita, it looked like a good setup to me, but as you say your exit wasn't the greatest! :-bd

[Nikita]

Good attempt Nikita, it looked like a good setup to me, but as you say your exit wasn't the greatest! :-bd

I would rather use "terrible" instead of "wasn`t the greatest" . Hope you did much better than me (wd)


BTW, London session only begins, i`ve already paid a rent..

eurusdm1.jpg

Have no clue why this one was a rent..

[Dave]

Hi Nikita and welcome to AIMS!

You have taken a good entry here and this time it just didn't work out. No worries, as you wrote in your picture, "Next". There is a random distribution between winners and losers and even the most perfect looking setups will sometimes result in rent. Just stick to the plan, stick to the setup, keep your losers small and let your winners run and in the long run you will find success! Good luck!

Dave

[Nikita]

Hi Nikita and welcome to AIMS!

You have taken a good entry here and this time it just didn't work out. No worries, as you wrote in your picture, "Next". There is a random distribution between winners and losers and even the most perfect looking setups will sometimes result in rent. Just stick to the plan, stick to the setup, keep your losers small and let your winners run and in the long run you will find success! Good luck!

Dave

Thanks for your comment, Dave!
I will try to do my best!

[Nikita]

One more rent todays.
This one - payment for my impatience.
Tried to catch a breakout, but move has already breathed out.

eurusdm1.png

NY session update. After 3 rent todays, i finally made 2 profit trades.

eurusdm1.jpg

Time to give my eyes a rest.. )

[Michal]

Welcome Nikita!

I think is a good result for today there is always tomorrow and day after tomorrow ..... and on and on.
If i can add something to your routine from my own experience you should rethink your exits as probably you cutting your winners and some of the rents you could close earlier -im not an expert just sharing my thoughts..... good luck ! good start !

[Darren]

Welcome Nikita!

I think is a good result for today there is always tomorrow and day after tomorrow ..... and on and on.
If i can add something to your routine from my own experience you should rethink your exits as probably you cutting your winners and some of the rents you could close earlier -im not an expert just sharing my thoughts..... good luck ! good start !

I agree with Michal. I have noticed that some of the rents have run on a bit further than they could have done and you may be able to get a bit more out of some of the winning trades. You are doing very well though! (wd)

[Nikita]

Micchhaal, thank for your advices. I really appreciate, that i can hear a critics from other more experienced traders!
I`m trying to use TP as exit, cause i cant define were the most profitable place to exit.. So i decided to use 1:2 RR for beginning... But my last trade could be 2 times more profitable, if i could read your message earlier.. :-s
About rent.. No really get, what do you mean? How I could i diminish my loses?

Darren, appreciate your advices and support in chatroom! Thanks!