Hi everyobdy, I'm starting my own journal here as I'm going live! with my currency trading account and will be good to share the experience, thoughts and feelings about it. Any comments appreciated. I will post the pdf or screenshot of the acc from time to time for confirmation of what's posted here (except any sensible details). Since I got started yesterday, today is my second day live, and I'm already done for the day. I started the acc with $25K and I have a 35% max risk tolerance before considering the adventure over without that affecting my normal lifestyle. DAY 2 START: USD 25,102 FINISH: USD 25,874 DAILY VARIATION: USD +772 (3.07%) MONTHLY VARIATION: USD +874 (3.49%) Comment: Rough day in the morning, where most of the over-30 positions opened today took place. It was one of those days when the market tries you a bit before giving you something back. That happened after the news @ 13:30GMT, so whatever the damned excuse, it worked ok for me as confirmed my model's parameters signals. I use a high-frequency model so I can calculate results on a daily basis and I use (damned I'll be for a while...) Meta****r platform, which is not the best for high-frequency; am planning to move if I get pissed off but for now it's OK as spreads in the broker are really good on majors (I only trade the big pairs, the most liquid ones), down to below a pip or between 1 and 1,5 most of the time with no commission attached to trading. OK, enough for my first post, good trading everyone.
Hi again, I now can see my posts, I did not know I had to wait before I could see them published. Anyway, in order to keep a fair journal, here's the real-time link of the demo account where I'm mirroring the HF (high-frequency) trades I place in the real accounts: http://www.mt4i.com/users/frequencypeak I'm a registered CTA who uses HF as its primary model, although I have another one just for one currency pair of which I will speak later as we progress on this journal. that seoncd model is also available on real-time through a test account that can be monitored 24/7, but as said, I'll give you more details as we progress...
trading report updated here http://www.mt4i.com/users/frequencypeak ... as you'll see, I traded a way-out-of-line volume in the swissy (good mistakes only happen on demo for now :-D), that distorted the overall result and did not let me trade the HF in euro...I'm glad that I could make the good pips for my real accs, as both HF trades netted out very good pips in the end...
thrid HF (high-frequency) trade of the day closed out in GBP/USD short... demo server working like hell so I grabbed some pips but less than in real accs, anyway it was a fast trade that netted some results... trading report updated here http://www.mt4i.com/users/frequencypeak
the fourth HF ring did not wait too long to show up, again GBP/USD short was the deal, and I managed to cash some nice pips...even the b***ed demo is in the green after this one good last run...I think Cable can run even lower to 1.4970-75, but it's OK for me... trading report updated here http://www.mt4i.com/users/frequencypeak
first HF ring of the day closed in EUR/USD long...put me under a struggle so I am not taking it all the way to 1.3495, but anyway good pips were cashed in the end, staying flat for now... trading report updated here http://www.mt4i.com/users/frequencypeak
second HF ring of the day closed now in GBP/USD short, although the 1.5050 target is the likely level to print, but I'm OK with the pips cashed and flat again I go... trading report updated here http://www.mt4i.com/users/frequencypeak
third and last for the day HF ring closed on EUR/USD LONG with some decent and fast pips...again, a way-out-of-line volume trade makes the outcome of the ring negative in demo, but I don't care anymore, as long as these mistakes keep coming on demo...you can see for yourselves the nice outcome of this trade, save for that glitch-trade... trading report updated here http://www.mt4i.com/users/frequencypeak
Cashing in on my third HF ring of the day GBP/USD short, but given the problems with the demo platform today (have not been able to put up the other 2 rings, USD/CHF and EUR/GBP), I'm calling it a day and I'll see what I can do tomorrow... trading report updated here http://www.mt4i.com/users/frequencypeak
Finishing the day with a 4th HF ring on GBP/USD Short that, although I have not taken all the pips I could from it (target is 1.5175 from current 1.5195...), it has served me to put the test account back in the 'normal'...am leaving it for today... trading report updated here http://www.mt4i.com/users/frequencypeak