Topher's Journal

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Den
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Re: Topher's Journal

Unread post by Den »

Hi Richard, Thats great self discipline and a fine example for us all, thanks for your posts. :)
Consolidation periods are quicksand for suckers.
Topher
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Re: Topher's Journal

Unread post by Topher »

Finding the motivation and time to trade Aims difficult at present. I grabbed a few hours this week and took 7 trades and +40.6pips (+3.58%).

My trades consisted of:
EUR-USD M1 +1.6 +0.16%
GBP-USD M1 -10 -1.0%
EUR-USD M1 +20 +2.0%
EUR-USD M5 +8 +0.8%
GBP-USD M5 +21 +1.62%
EUR-USD M5 0
EUR-USD M1 0

Hope you all have a great weekend.

Richard
The forex market will pay you well for discipline.
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tombacon89
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Re: Topher's Journal

Unread post by tombacon89 »

Well done Richard on another profitable week!!
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
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Julius
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Re: Topher's Journal

Unread post by Julius »

Den wrote:
Topher wrote:
numbat1 wrote:Hi Richard,

Was wondering where you got your excel journals from. ? As i would like to purchase some.

Cheers for now Dennis :)
Dennis

Apologies for the delay in sorting this out. I have had a very busy few weeks.

just fill in the data on the month tabs and leave the summary tab alone. I have left my trades in so you can see how I have filled it in. It won't suit everyones needs/requirements but if you can make use of it then that is great.

Richard

Hi Richard,

I am really grateful of you helping me and posting your excel sheet.

I was the 8th person to download it and I am very disappointed that the other 7 downloaders did not have the courtesy to thank you. Well .....that Karma could be reflected in their lack of pips. :))

Yes most of us freely share on this forum to help each other but I suppose you will always get some who take advantage.

Again Richard warmest thanks to you, Dennis :)
Hi Dennis,

Often "thank you" is just an empty word. The real gratitude is inside one's heart and beyond words.

Thank you Richard!

Julius
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Julius
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Re: Topher's Journal

Unread post by Julius »

Topher wrote:
numbat1 wrote:Hi Richard,

Was wondering where you got your excel journals from. ? As i would like to purchase some.

Cheers for now Dennis :)
Dennis

Apologies for the delay in sorting this out. I have had a very busy few weeks.

just fill in the data on the month tabs and leave the summary tab alone. I have left my trades in so you can see how I have filled it in. It won't suit everyones needs/requirements but if you can make use of it then that is great.

Richard
Richard, thanks again for sharing excel journal! How do you determine how much time did you use on each trade, especially H1? Do you track the time when you spend on charts?

Julius
Topher
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Re: Topher's Journal

Unread post by Topher »

Julius

Every day I write down what time I sat down at my pc and at what time I turn it off. I then note down when I look at other charts other than M1.

For H4 it is usually a simple look as the candle closes. If there is a setup or I am managing a trade it might take an extra few minutes.

It is not exact to the second. I am just logging everything down so I can look back and see how I am doing, What timeframes, pairs etc are working and the return I am getting for my time spent.


Richard
The forex market will pay you well for discipline.
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Julius
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Re: Topher's Journal

Unread post by Julius »

Thank you Richard! I also track my PC time, but I do quite a few other things when using PC apart from trading. After reading your reply I think those 5-10 when I focus on H1 or H4 I shouldn't do anything else, just focus on charts and track it as trading time.

Julius
Topher
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Re: Topher's Journal

Unread post by Topher »

A very quiet month for me trading Aims.

I only managed just under 13 hours of screen time to take 13 trades and an account growth of +9.52%.

August will be equally quiet for me as I have a mountain of work to get through, I am going on holiday plus I have been fortunate to get Olympic tickets to the Athletics.

I hope everyone has a great August and bags plenty of pips.

Richard
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The forex market will pay you well for discipline.
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tombacon89
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Re: Topher's Journal

Unread post by tombacon89 »

richard well done on another profitable month, despite trading less you have still managed to nail it again this month. fantastic stuff!
'Do Not let yourself get in the way of your profit producing tools'

"If it’s meant to be, the universe is gonna throw it back to me, to get it back all we need is to let it go, put your faith put your trust in the chemicals" - Various Cruelties - Chemicals
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immy
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Re: Topher's Journal

Unread post by immy »

Richard

Truly amazing. The one thing that's so special about your trading stats is the success rate, the win loss ratio. Indeed, Filtering trades is a great art.

Perhaps there comes a time that you've learned all that is to learn about a system a strategy and perhaps that's when experience and intuition come into play. With decades of experience under your belt you've surely developed that much wanted gift of 'feel for the market'.

Great Trading

Well Done and keep it up....

cheers
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! 🍌
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