A fresh start! Doji's Trading Journal

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

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Jalarupa
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Postby Jalarupa » Thu May 30, 2013 3:30 pm

Thanks PT, I'm sure its very elementary compared to what you are doing in Excel.

I'm very much still a novice
Last edited by Jalarupa on Thu May 30, 2013 4:28 pm, edited 1 time in total.
"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..."

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Karma
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Postby Karma » Thu May 30, 2013 4:00 pm

I understood that you should only keep compounding your space until the plan you are executing (or move you are trading) is finished.

Once it's over you should go back to your initial x% risk and start again with a new plan and a new move to trade

Other people like to compound days, weeks, months. depending on the timeframe you trade or quantity of trades over any given period of time

But I really think trading just one move at a time with expanding risk is sensible
"Profit is found in a thinking mind. If you come to this . . . with pen and paper in hand then you will fail to find the beauty that exists within yourself." - MightyOne

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Jalarupa
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Postby Jalarupa » Thu May 30, 2013 4:52 pm

Karma wrote:But I really think trading just one move at a time with expanding risk is sensible


Yes, you just have to pick your battles wisely ;-)
"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>>

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dojirock
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Postby dojirock » Thu May 30, 2013 5:11 pm

Down again?
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"A small loss is just as satisfying as a large gain" -MO
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Postby dchappy » Fri May 31, 2013 12:22 am

Karma wrote:Is it starting to look like there is an exact candle to buy and sell at?

I've been watching this since you put it out but this has blown my mind


? Are you asking me ? or someone else ?

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Postby dchappy » Fri May 31, 2013 12:23 am

dojirock wrote:Down again?


:lol: Doji , you make it look so easy ....Nice as usual........

Karma
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Postby Karma » Fri May 31, 2013 3:21 am

dchappy wrote:
Karma wrote:Is it starting to look like there is an exact candle to buy and sell at?

I've been watching this since you put it out but this has blown my mind


? Are you asking me ? or someone else ?


That was regarding MightyOne's DragonChinStumped indicator

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Postby bettlebox » Fri May 31, 2013 9:28 am

EurUsd Trade today, somedays i wonder.

There are two forces acting upon us: Suffering pushes us forward from behind and pleasures entice us and pull us forward.

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Postby newscalper » Fri May 31, 2013 9:29 am

dojirock wrote:Down again?

Doji - you took that one as it's a break of the last line to break on the upside swing - would you have taken the earlier one higher up had you been trading at that point in time? That's the way I've been playing it often - 15 minute is down, drop to five, price is coming back, look for a line break on 5, so I 'd either take the small line that actually formed at .992 or the one that tried to form but failed at .040
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dojirock
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Postby dojirock » Fri May 31, 2013 6:52 pm

Done for week....

DC, once you have a system, it is easy! I have found a whole new level of confidence and fear is disappearing.
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