Vicky's Journals

Start a Trading Journal - Start Posting Your T20 Trades Here.
Tips for First Post: Start with personal introduction, share your story, your future plans.
Use Template Prodvided for Recording Trades.
Post Reply
User avatar
Tomi
AIMSter
AIMSter
Posts: 954
Joined: 08 Jan 2012, 19:21
13

Re: Vicky's Journals

Unread post by Tomi »

vickyp wrote: 01 Jul 2018, 02:54 Thanks Immy
the 6R is for this batch so far. Just about to load my latest a BE. 3 to go for this batch.

To date I have two results, as I started with my demo and then by about trade 15 I moved to my small live account.

As per my journal the first batch was 0% (break even) lots of learning from lots of mistakes to start! as mentioned it wasn't till about trade 15 I knew what I was looking for!

Second batch 11R and this one 6R to date.
So journal result is 17R to date.

My live account did 6R for batch 1, 11R batch 2 and 6R to date Batch 3 still going, so 23R to date.

Going forward I am going with my live account, as my R to date, I shall post this in my stats too.

Vicky
M.a.g.i.c.a.l

Keep doing with trading approach you have been doing and don't change a thing. Stubbornly and patiently, keep going and trading will be your second nature :cup
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Vicky's Journals

Unread post by immy »

vickyp wrote: 01 Jul 2018, 02:54 Thanks Immy
the 6R is for this batch so far. Just about to load my latest a BE. 3 to go for this batch.

To date I have two results, as I started with my demo and then by about trade 15 I moved to my small live account.

As per my journal the first batch was 0% (break even) lots of learning from lots of mistakes to start! as mentioned it wasn't till about trade 15 I knew what I was looking for!

Second batch 11R and this one 6R to date.
So journal result is 17R to date.

My live account did 6R for batch 1, 11R batch 2 and 6R to date Batch 3 still going, so 23R to date.

Going forward I am going with my live account, as my R to date, I shall post this in my stats too.

Vicky
and to be honest, why would you stop> You're still doing your Discipline Training and you're trading live and your'e making profit following all too simple a plan and method.. who needs anything else? who needs complex algorithms and measurements and all? you certainly don't...

Keep going ... lets all do Setup 1 Setup 1 Setup 1 and Higher #Time Frmes...
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
vickyp
AIMSter
AIMSter
Posts: 485
Joined: 30 Aug 2017, 14:58
8

Re: Vicky's Journals

Unread post by vickyp »

Thanks Immy and Tomi.
I am very happy with how it's going. My little account started with a few hundred dollars and now it has started into the big league of thousands!

A couple of questions:
1. On the days I am around near London and New York, is it worth looking at Set up 1 on H1 as well? I won't do any lower on time frame than this.
2. Also at the end of each batch is that the time to increase my risk amount, I have increased once so far, just moving up a little as the account grows, and I get used to more money at risk.
3. Is there a way to have my charts look the same so I can tap into equities in MT4 as well? I haven't found a way yet.

Vicky
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Vicky's Journals

Unread post by immy »

1. NOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
2. NOOOOOOOOOOOOOOOOOOOOOOOOOOOOO (risk % does not change, the lot size will automatically change as the account compounds and grows) (the plan should be min 1% per trade max 3% .. which ever you chose you STICK TO IT)
3. Some brokers offer equities / stocks charts on mt4. But if its working, don't mess it by adding more and more to it. it might just stop working.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
vickyp
AIMSter
AIMSter
Posts: 485
Joined: 30 Aug 2017, 14:58
8

Re: Vicky's Journals

Unread post by vickyp »

Thanks Immy for your answers!
% to stay the same, and lot size will increase, is what I was meaning, sorry I worded this wrong. Thanks for confirming I was on the right track.

The equities were more as a long term investment, along side the FX trading, but I understand what you mean, as long as you are going forward it is all money which ever way you make it!

Vicky
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
User avatar
vickyp
AIMSter
AIMSter
Posts: 485
Joined: 30 Aug 2017, 14:58
8

Re: Vicky's Journals

Unread post by vickyp »

6/07/18

Batch 3

Trade 18

US30 H4 Short

DS1
Wave 4 continued and took it out. Next ...

End result was -1R

Running R result to date for this batch: +5R

DS score for batch: 17/18
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
User avatar
vickyp
AIMSter
AIMSter
Posts: 485
Joined: 30 Aug 2017, 14:58
8

Re: Vicky's Journals

Unread post by vickyp »

17/07/18

Batch 3

Trade 19

Eur/Nzd H4 Long

DS1
S1, PO placed, not filled then new small box appeared. Original PO cancelled and new one set for next box.
Started ok, then news moved it against my direction, a swift exit!

End result was -1R

Running R result to date for this batch: +4R

DS score for batch: 18/19
You do not have the required permissions to view the files attached to this post.
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Vicky's Journals

Unread post by immy »

EUR/NZD was a Setup 2 btw ... :)
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
vickyp
AIMSter
AIMSter
Posts: 485
Joined: 30 Aug 2017, 14:58
8

Re: Vicky's Journals

Unread post by vickyp »

Thanks Immy, I was just looking at the AIMS flow chart for S2, now I have a picture of it!
"It is literally true that millions come easier to a trader after he knows how to trade, than hundreds did in the days of his ignorance"
User avatar
immy
Founder
Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
14

Re: Vicky's Journals

Unread post by immy »

There are two ways to call a setup 2 a setup 2.
One is Pink Dot wait for new Box, then trade that when new fresh box high/low is printed, re-checking all the rules. Basically go through the right side of the pyramid of flowchart.

The other way, which is the concept behind this is as follows.
When Gator is tightly sleeping inside the box, the FIRST Break of price, in the direction of previous 3 into the possible 5 , will be considered as Setup 1. That is the concept of it. However, if price breaks and then prins a dot, it will printed at Green/Pink dot, which are the setup 2 dots, as per flowchart. e.g. for long if blue dot is not printed instead a green dot is printed because price broke the box level and pink instead of red for shorts.

The concept of Setup 2 however is as follow.
After price breaks out of the box where gator was sleeping inside the box, the 2nd box high (in case of longs) is considered the Setup 2 box. Note that it might be that at times , it would have broken with a blue dot other times as green dot. But that the concept of the 2nd box outside the sleeping gator is, Setup 2.

Hope it makes sense.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
Post Reply