₦airaland Forum

Hello and Welcome to my PERSONAL trading log thread.

HOW I TRADE
I open pending orders at the open of every new 10pm candle to the 10pm candle.
Count my profit or losses by the end of the day and do it all over again the next day.

PAIRS: EURUSD,GBPUSD,USDCHF,USDJPY,USDCAD,AUDUSD

MODIFIED
I'll only post results at the end of every trading week. I'm just using this to keep track and motivate myself.

Demo testing has ended. Now trading a real account. Percentage gain is updated weekly.

Here's a link the the account stats on myfxbook

https://www.myfxbook.com/members/sammytrades/pending-sniper/1378448

Space

Demo Day 1: 17/09/2015
$5.14 Profit made today. Good start


Total
$5.14

Demo Day 2 update is here. Made $4.86. That's it for the week. Started later(Thursday) than I wanted to (Monday). But a good start it was. Hopeful for more profit next week.

Have a great weekend..Cheers

Total now $10

Demo Day 3: 21/09/2015
-$20.80

Today I discovered the strategy won't work in the long term.

I have made some adjustments. It entails very high risk as well as good returns.

So, I'll begin testing it from tonight.

Current total: -$10.80

Demo Day 4: The strategy adjustments implemented today.
Made $9.60 from two currency pairs. Will trade on more pairs on dag 5.

Total now -$1.20

I hope you achieve your goals.

Remember risk management. It's the only weapon you have against the wicked FX market. Not strategies. Risk management.

Goodluck

Demo Day 5: 23/09/2015
$14.81

Total $13.60


@dowjones
Yes, risk management is actually what I'm working out. But not the conventional ones.
Thanks

Upload your account to myfxbook. It'd help you see the analytical side to youru trading.

I will like to know how plan to manage risk. Non-conventionally

I didn't post any result for yesterday and won't today as well. I have decided to go live and can't work both at the same time.

@dowjones. Finally got what I've been working on.
Will continue later with my live results on weekly bases instead of daily. And I'll post a link to my fxbook as well.
Thanks

Cheers and happy holidays

DEMO TEST ENDS HERE

Ok, the week has ended and I moved from demo and back to my real account.

Here's the link to myfxbook for the live account.

https://www.myfxbook.com/members/sammytrades/pending-sniper/1378448

Update will be weekly (Fridays), to show how I'm doing with the live. The topic will be changed from "Demo" to "Live", previous balance erased and % gain of the live updated.

Happy holidays

I'm following you on myfxbook.

I noticed your equity is 145%. If this is true you would have made 53% in a day of trading. Is equity figure correct?

dowjones:
I'm following you on myfxbook.

I noticed your equity is 145%. If this is true you would have made 53% in a day of trading. Is equity figure correct?

Yes, I noticed that too. It's due to the bonus given by the broker ( they give 50% on deposits). Just use the daily, monthly and overall % gain instead.