sobota 24. ledna 2009

Lazy to trade yesterday

If you won`t trade you won`t make any money and you won`t reach the goal - trading full lots with +150pips a week.

čtvrtek 22. ledna 2009

1 unit, EUR/USD, 10s - hangeover day


1 unit trades only, having hangeover from last night, met Honza (Czech-American-Holland) and Californian couple, went to Matt Molloys with them and Fergal

+12 = +12 pips for the day, +61 pips in total

Should I trade full size trades in these days? That is the question :)

středa 21. ledna 2009

1000 units, EUR/USD, 10s

-4+12 = +8 pips for the day, +49 pips in total

úterý 20. ledna 2009

1000 units, EUR/USD, 10s

+1+9 = +10 pips for the day, +41 pips in total
Move SL to BE+1 after the first pullback. Do not move SL earlier.
500units -8/40: +18 => +9 @ 1000units

pondělí 19. ledna 2009

1000 units, EUR/USD, 10s

+1-4+12-4+12+1+1+12 = +31 pips for the day
pick the bottom of a 10s pullbacks

Final trading plan


1. Trade any pair. Remember that EUR/USD has the best range/spread ratio.
2. Make a trading time plan for every day and follow it.
3. Trade when there is the lowest spread (0.9pips for EUR/USD with Oanda).
4. Avoid overtrading.
5. After a good move set SL to BE+1.
6. a) Ranging market = no trade.
b) Trending market = open the trade at the bottom/top of a pullback.
c) Jumping market = place ESB/ESS order.
7. Draw S/R & 20/50/80/100 horizontal lines. Will help you to follow the price
8. Draw news vertical lines. Will help you to avoid being in a trade and get stopped out by spread widening.
9. Be picky about your entries. Wait until you feel confident. There are many opportunities with this method. Wait for the best ones.
10. Trade when there is a strong price shift expected. Place tight SL. Only a big loss can hurt you.
11. Risk 1% per trade.
12. Document all the trades. That is the key how to improve ones trading skills.
13. Read & Relax. Mindset is everything.


MONEY MAKING SCENARIOS

MONEY MAKING SCENARIOS
starting balance: $100

Graf vývoje vlastního kapitálu [%]

Graf vývoje vlastního kapitálu [%]

Vývoj vlastního kapitálu [%]


__DATUM__||_HODNOTA PODÍLU_||od posledni /ke startu||_ZHODNOCENÍ YTD_

27.08.2008 ||____$1149,95____ || _0,09% / _0,11% || ____ +15,00%___
26.08.2008 ||____$1148,86____ || _1,93% / _2,18% || ____ +14,89%___
25.08.2008 ||____$1127,06____ || _1,87% / _2,07% || ____ +12,71%___
24.08.2008 ----------------------- market is closed ---------------------
23.08.2008 ----------------------- market is closed ---------------------
22.08.2008 ||____$1106,35____ || _1,50% / _1,64% || ____ +10,64%___
21.08.2008 ||____$1090,00____ || _0,00% / _0,00% || ____ +9,00%____
20.08.2008 ||____$1090,00____ || _0,00% / _0,00% || ____ +9,00%____
19.08.2008 ||____$1090,00____ || _0,00% / _0,00% || ____ +9,00%____
18.08.2008 ||____$1090,00____ || _0,00% / _0,00% || ____ +9,00%____
17.08.2008 ----------------------- market is closed ---------------------
16.08.2008 ----------------------- market is closed ---------------------
15.08.2008 ||____$1090,00____ || +6,30% / +6,50% || ____ +9,00%____
14.08.2008 ||____$1025,00____ || _0,00% / _0,00% || ____ +2,50%____
13.08.2008 ||____$1025,00____ || -1,40% / -1,50% || ____ +2,50%____
12.08.2008 ||____$1040,00____ || +2,50% / +2,50%_ || ____ +4,00%____
11.08.2008 ||____$1015,00_____|| +1,50% / +1,50% || __ +1,50%____
10.08.2008 ----------------------- market is closed ---------------------
09.08.2008 ----------------------- market is closed ---------------------
08.08.2008 ||____$1000,00______ STARTING BALANCE




RISK INFORMATION

Don´t worry, you can not lose more than 100% of your account :):):)

VÝSLEDKY MINULÉHO OBDOBÍ NEJSOU ŽÁDNOU ZÁRUKOU PRO BUDOUCÍ VÝVOJ. HODNOTA VAŠICH INVESTIC A PŘÍJMŮ Z NICH PLYNOUCÍCH MŮŽE KLESNOUT I VZRŮST.