DAX30m1 Cherry SL -1% : DS1 Taking cherries after w3 peak isn't working so well, but all according to plan.
DAX30m1 Cherry SL -1% : DS1
Pedro's Journal !
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
Re: Pedro's Journal !
DAX30m1 Cherry SL -1% : DS1
DAX30m1 Cherry SL -1% : DS1 Taking cherries after w3 peak isn't working so well, but all according to plan.
DAX30m1 Cherry SL -1% : DS1
DAX30m1 Cherry SL -1% : DS1 Taking cherries after w3 peak isn't working so well, but all according to plan.
DAX30m1 Cherry SL -1% : DS1
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
Re: Pedro's Journal !
DAX30m1 Seed SL -1% : DS1
DAX30m1 Cherry SL -1% : DS1
DAX30m1 Seed TP 2% : DS1
DAX30m1 Cherry SL -1% : DS1
DAX30m1 Seed TP 2% : DS1
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
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acceleratum
- Posts: 597
- Joined: 03 Nov 2015, 14:38
- 9
Re: Pedro's Journal !
another 20 batch:
5x BE 0% = 0%
2x TP 2% = 4%
13x SL -1%= -13%
Total = -9%
be+1 setting gave 3.7 pips, only one slipped into negative, 1 trade hit the BE because of +1 setting, and it would have been a profit. I'm using this setting to even out the slippage which it did, but will have to keep it in mind when focusing on profit making down the line.
DS score= 20/20 My first 100% score! looking forward to repeat it.
The afternoon sessions haven't been very profitable, I look at the morning chart everyday and it was better from a profit perspective in this last batch, unfortunately my schedule doesn't let me trade in the morning, it would also increase my number of trades and speed the training process. If I get a chance Ill try to add morning sessions in the future, impossible for now.
5x BE 0% = 0%
2x TP 2% = 4%
13x SL -1%= -13%
Total = -9%
be+1 setting gave 3.7 pips, only one slipped into negative, 1 trade hit the BE because of +1 setting, and it would have been a profit. I'm using this setting to even out the slippage which it did, but will have to keep it in mind when focusing on profit making down the line.
DS score= 20/20 My first 100% score! looking forward to repeat it.
The afternoon sessions haven't been very profitable, I look at the morning chart everyday and it was better from a profit perspective in this last batch, unfortunately my schedule doesn't let me trade in the morning, it would also increase my number of trades and speed the training process. If I get a chance Ill try to add morning sessions in the future, impossible for now.
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immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Pedro's Journal !
Congratulations on this achievement. To a new outsider it might seem ridiculous that I'm congratulating for losing 9% of your account, but the underlying reality is that discipline is the core of all successful trading. And you have achieved it at least for the last 20 trades. You traded according to your plan. 95% of traders don't have a plan. This puts you in the top 5% in the world. No Joke. Well done.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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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Kyle
- Free Member
- Posts: 307
- Joined: 19 May 2012, 11:08
- 13
Re: Pedro's Journal !
I agree with Immy. The 9% is not the important thing. You can see with your reporting that it is not your focus (which it should not be your focus), and the DS is what you are aiming for. You have a DS 5 better than me at the moment and I aspire to reach the same score as you. With that, the rest will come to us.
Keep up the fantastic work
Keep up the fantastic work