A fresh start! Doji's Trading Journal

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

A fresh start! Doji's Trading Journal

Postby dojirock » Wed Mar 23, 2011 11:57 pm

Im starting this thread to post what I know thus far and hopes of helping someone else that may be struggling with it as I am. Im starting out with a micro account, my only choice and would like to retire some day after putting my kids through college. Many thanks to the great traders here. I would like to stick to momentum trading here and have been trying to decipher what MO, Dragon , adseb, es/pip, and Vane(she is great at explaining in simple terms). So as I put down what I currently understand, feel free to let me know if im off base. I have read the forums multiple times and each time I find gold nuggets in them. It seems the great traders of this style are getting ready to move on, Im hoping I can catch on and pay it forward to others before they leave.

My journey begins.....

Attached is an excel file that I will be using to track my progress and make me more accountable to my goals. I have posted it here on page 1 so that as I make updates, I can do it in the same place all the time. Ideas are welcome!

Pretty simple, im a scalper, with a high success rate. Im using this spreadsheet to keep my focus on one thing, 20 pips a day! Thanks to DC Happy for the idea.

dojirock
Attachments
Freedom Chart.rar
(18.73 KiB) Downloaded 311 times
Last edited by dojirock on Thu Feb 09, 2012 5:42 pm, edited 3 times in total.
"A small loss is just as satisfying as a large gain" -MO
"Sometimes we need to stop learning and start thinking...."
"Once you stack, you'll never go back!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Mar 24, 2011 12:12 am



4hr trades with 15 min entries.

Doji

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Mar 24, 2011 12:14 am

Stoploss 4094

Doji
Last edited by dojirock on Mon Mar 28, 2011 3:53 am, edited 1 time in total.

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Mar 24, 2011 12:42 am

I call them mbars....just tired of typing momentum, and sick of momo....
:D

This is how I see them.

Doji
Attachments
mbar3.gif
mbar3.gif (15.22 KiB) Viewed 4596 times

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Mar 24, 2011 1:47 am

Stopped out on the EU.....
Probably not a good idea to trade to the 50% line?
or
Wait till the volume picks up?
"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
Sandra
rank: 50+ posts
rank: 50+ posts
Posts: 50
Joined: Wed Jan 05, 2011 3:44 pm
Reputation: 0
Gender: Female

Postby Sandra » Thu Mar 24, 2011 2:02 am

As a beginner, I always did better only trading with the trend...

Sandra :)

cwn6161
rank: 150+ posts
rank: 150+ posts
Posts: 276
Joined: Sun Feb 28, 2010 8:05 pm
Reputation: 0
Gender: None specified

Postby cwn6161 » Thu Mar 24, 2011 2:20 am

You've said you have blown accounts before, how did that happen? I'd use one 1 micro until you get consistent.

You could do what I'm trying - make 1000 net pips with 1 micro. Once I do that, I'm going to add some more money into my account, and use a basic money management system.

You can add 3 zeros to your account in 1 year by making 200 pips per week and increasing lot size appropriately. That's being modest too in my opinion. My point is trade with the smallest size you can, and become consistent first, then worry about growing your account.

User avatar
dojirock
rank: 1000+ posts
rank: 1000+ posts
Posts: 1558
Joined: Tue Nov 17, 2009 10:11 pm
Reputation: 0
Gender: Male
Contact:

Postby dojirock » Thu Mar 24, 2011 2:26 am

Thanks Cwn!

man...just looked at es/pips trades...he makes it look so easy!

doji
"A small loss is just as satisfying as a large gain" -MO

"Sometimes we need to stop learning and start thinking...."

"Once you stack, you'll never go back!"

User avatar
TygerKrane
rank: 1000+ posts
rank: 1000+ posts
Posts: 1404
Joined: Mon Jan 25, 2010 3:36 pm
Reputation: 2
Location: Long Island, NY
Gender: Male

Postby TygerKrane » Thu Mar 24, 2011 5:39 am

If, for your preferred terminology, mbars = MOMO, your definition is troubling...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

User avatar
Jalarupa
rank: 1000+ posts
rank: 1000+ posts
Posts: 1139
Joined: Tue Feb 23, 2010 5:50 pm
Reputation: 2
Location: South Africa
Gender: None specified
Contact:

Postby Jalarupa » Thu Mar 24, 2011 6:30 am

Nice Doji,

Looking forward to seeing you do this!

Remember Dragon style looks for H1 Momo and then rejection of the Zline or Mighty Zone in the candles that follow... The H4 charts are targets... also great to trade away from the zones in the direction of H4 MOMO... (I think this is where you went wrong in your EURO buy)

Peace dude and may you start seeing the pot of gold at the end of the rainbow soon...
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

I trade using <<FX SYNERGY>>

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”