So I decided to start a little experiment in this journal. I will be posting trades that I do on demo account. I will post the entry point and my thoughts at the time of entry. I will post my stop adjustments and thoughts while in the trade. I will finally post my exit and my thoughts about the trade and what I learned. I will also keep a running total of my demo account balance. To me, account balance is the most important thing, not how many pips because that can be deceiving if someone risks different amounts on each trade.
I guess I had better define what I mean about Naked and Blind Trading. To me, naked means no indicators of any kind on the chart that I will be using. NONE!! Blind means using only one TF. I will be using only 1 chart. I won't be looking at the longer term trends. If I decide to use S/R, it will only be from the chart TF that I am trading from.
This is only an experiment for fun and purely for my entertainment and no one elses. If you wish to comment on this thread, you are welcome to. Just keep in mind that at this moment in time, this is purely an experiment for fun on a demo account.
Edit: I forgot to mention that I will only be trading off of daily charts. Also, as part of my blind trading, one of my rules is that I can only look at my charts once a day which will be after the daily candles close. I want to force myself to not be constantly following the pricing and train myself to be diciplined in the rules that I set.
I will be using pure PA to determine my trade entries and exits. So, buckle up and lets see where this ride takes this demo account.
I guess I had better define what I mean about Naked and Blind Trading. To me, naked means no indicators of any kind on the chart that I will be using. NONE!! Blind means using only one TF. I will be using only 1 chart. I won't be looking at the longer term trends. If I decide to use S/R, it will only be from the chart TF that I am trading from.
This is only an experiment for fun and purely for my entertainment and no one elses. If you wish to comment on this thread, you are welcome to. Just keep in mind that at this moment in time, this is purely an experiment for fun on a demo account.
Edit: I forgot to mention that I will only be trading off of daily charts. Also, as part of my blind trading, one of my rules is that I can only look at my charts once a day which will be after the daily candles close. I want to force myself to not be constantly following the pricing and train myself to be diciplined in the rules that I set.
I will be using pure PA to determine my trade entries and exits. So, buckle up and lets see where this ride takes this demo account.