image Trade #95 USDJPY risk: 2%

100 Trades Analysis

you inspire me to use your s/l method of actually placing the s/l lower than the initial risk That's why I'm surprised to see your low drawdowns average 7-8% drawdown so far? And mine has been 10-15%.

Steviet's Live Trades!

i do believe what 'trading in the zone' said that each trade is a unique occurance tha doesn't relate to the past. If your system show's a 50% win rate, and you have lost 50 trades in a row. There's no guarantee that the next trade is a winner. ...

Money Management Strategies Thread

quite honestly, the reason I chose 1-2% is because from what I read both here and the books. Although I do pick 1-2% fixed risk, the actual risk might be lower because I put my s/l lower than the 1-2% risk. And also, I cannot handle the huge ...

Money Management Strategies Thread

my money management is as follow: My system is based on entering multiple positions on a winning trade. My intial risk can be 2% or 1% depending on the setup, but nothing more. I would define the maximum stop loss I can have based on the 10 day ...

Money Management Strategies Thread

System development update: as of now, I am relying heavily on s/r as setups. I am using techniques as outlined in SRDC I to highlight highs and lows on the monthly and weekly charts. Then my daily chart is used to enter at these important s/r's. In ...

100 Trades Analysis

thank you very much !!

Add values in array problem

Trade #94 GBPUSD Stopped @ 1.9560 Net pips: 28 (2%),-34 pips(1%) R: 0.25, -1.00 Now that I have gained the understanding of risk and position sizing, the format of this journal is somewhat irrelevant or misinformative. I should really just focus on ...

100 Trades Analysis

i don't really know much about fundamental news and their relationship to one another. But i did see a strong rejection of the 1.9700 price and it keeps breaking weekly s/r. I do wish I'm still in that trade with those 2 positions open..Just gotta ...

100 Trades Analysis

i made 2$ from this trade. It's interesting because from the pips stand point, I am negative, but since I risked more on the initial trade, I have net positive money value. It's funny why we all seem to note down pips made. we should record lots ...

100 Trades Analysis

oh the horror!, my GBPUSD short got stopped out before it went my way. I think I need to stay away from my s/l by a few pips.

100 Trades Analysis

position update image

100 Trades Analysis

Update of S/L image

100 Trades Analysis

use the SUPER S/R!..it is better than the s/r by berry. You can also use it to trade breakout

Box Breakout indicator

when i started my journal, i have come to fully understand what Van Tharp said about 'Bias in your system development'. It means that you looked at past history, days, months, or maybe couple of years if you're diligent, and try to implement a ...

Traders and Their Systems

I can see why you went long when the GBPUSD closed at the trendline. You 'assume' it will bounce. I always did that when i started price action trading and would find myself proven wrong most of the time . But i found that it's better to let price ...

Steviet's Live Trades!

dang..thanks

sum of values in array