Post your live Forex trades here...

Discussion in 'Journals' started by xelite777, May 4, 2014.

  1. zbojnik

    zbojnik

    Haha lol.

    Guys can you post pictures with your entry's?
     
    #481     Jun 4, 2014
  2. What was your entry point and stop on that trade?

    And what time frame are you using?
     
    #482     Jun 4, 2014
  3. AUD/CHF : How long can this weak trendline hold on...?
     
    #483     Jun 4, 2014
  4. zbojnik

    zbojnik

    EURJPY: 139.78 entry; 139.60 Stop; 4hr chart
     
    #484     Jun 4, 2014
  5. Ok, I see at least 2 problems with that trade:

    1: You were attempting to buy at a resistance area (see chart below). If you still want to buy wait at least for a breakout and a pullback.

    2: Your stop was way too small for your time frame (4H).
     
    #485     Jun 4, 2014
  6. zbojnik

    zbojnik

    Where was my stop supposed to be then?

    New Trade:

    [​IMG]
     
    #486     Jun 4, 2014
  7. Out at .8326, 26 pip loss.
    Total since beginning: minus 30 pips.

    Not a bad month after all, drawdown was reduced by more than 90% and the system managed to generate a small 30 pip loss, from May 4 to June 4.
     
    #487     Jun 4, 2014
  8. I am up 62% last month,look up my long Canadian $ ,up 100 pips in just one trade
     
    #488     Jun 4, 2014


  9. 62% of your total liquid net worth ?

    or your 5k account on margin?

    What is your worst Drawdown?

    What is your avg expected DD in any givin year?


    If you can make 2-3x your DD in a year, your doing damn good in my book. That's on total net worth. Not some little account .


    I aim to keep draw down of liquid net worth around 15-20% max in a year and hope to make twice that. Even so, If I end the year positive I'm happy.



    I like comparing the risk more than the reward.
     
    #489     Jun 5, 2014
  10. 1 mil$ on margin
     
    #490     Jun 5, 2014