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

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1667
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 21
Gender: Male

Re: A fresh start! Doji's Trading Journal

Postby aliassmith » Thu Jan 15, 2015 2:54 am

dojirock wrote:
aliassmith wrote:
dojirock wrote:U/J
2015-01-14_1912.png


11 minutes and done that's just insane. =D>
what does 100 pips represent as a return on
your account?


About 8 percent on my account.

I have a friend that is a skeptic, so I opened a seperate account and take these trades also. Started with $100 bucks. 6 days later up 94 %
Within a month I should be able to make a believer of him. :lol:

doji


Um 94% in 6 days Im buying my own island :shock:
Trade Your Way as Long as It Makes Money!

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:

Re: A fresh start! Doji's Trading Journal

Postby dojirock » Thu Jan 15, 2015 3:18 am

aliassmith wrote:
aliassmith wrote:
dojirock wrote:U/J
2015-01-14_1912.png


11 minutes and done that's just insane. =D>
what does 100 pips represent as a return on
your account?


To answer my own question I believe it varies depending on your initial stop size a order size.
If you risk 1% across 10 pips then 100 pips will
be 10%.
I'll probably try it at $1 pip to see if I can do it.


$1 per pip is a great place to start.. I dont figure percent risk. My stops are predetermined and different on every trade. If I have a 17 pip SL then in this case I would be risking $17. I never let it go more than that. 60 percent of my account balance / margin is my stack allowance. So if I had a $1k account, 60 percent would be $600. I divide that by the margin for the pair im trading. U/J is $200 let say for $1 per pip. I could take my initial trade at $1 per pip and stack 2 more times for that trade. After adding my 2 stacks, you keep what it gives. If my latest stack is up 10 points and then the other is 15 points and the original is 28 points its a total of 53 points / $53 vs my original $17 risk.
Another thing im trying for 90 days is pulling 40 percent of winnings out monthly and roll the 60 percent back (opm) into the account to increase stacks on future trades.

hope this makes sense?

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
alexi13
rank: <50 posts
rank: <50 posts
Posts: 34
Joined: Wed Jul 09, 2014 2:02 pm
Reputation: 0
Gender: Male

Re: A fresh start! Doji's Trading Journal

Postby alexi13 » Thu Jan 15, 2015 7:59 am

Wow, your stacking rocks! :)
I have a problem with adding to a position even once or twice.
I hope that I could break my inner resistance looking at your charts, so please show some more.
Everything should be made as simple as possible, but not simpler - Einstein
Question all - Cs

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

Re: A fresh start! Doji's Trading Journal

Postby dojirock » Thu Jan 15, 2015 11:58 am

Nice way to wake up....Thanks London!
2015-01-15_0656.png
2015-01-15_0656.png (69.25 KiB) Viewed 301 times
"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!"

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1667
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 21
Gender: Male

Re: A fresh start! Doji's Trading Journal

Postby aliassmith » Thu Jan 15, 2015 1:30 pm

dojirock wrote:
aliassmith wrote:
aliassmith wrote:
11 minutes and done that's just insane. =D>
what does 100 pips represent as a return on
your account?


To answer my own question I believe it varies depending on your initial stop size a order size.
If you risk 1% across 10 pips then 100 pips will
be 10%.
I'll probably try it at $1 pip to see if I can do it.


$1 per pip is a great place to start.. I dont figure percent risk. My stops are predetermined and different on every trade. If I have a 17 pip SL then in this case I would be risking $17. I never let it go more than that. 60 percent of my account balance / margin is my stack allowance. So if I had a $1k account, 60 percent would be $600. I divide that by the margin for the pair im trading. U/J is $200 let say for $1 per pip. I could take my initial trade at $1 per pip and stack 2 more times for that trade. After adding my 2 stacks, you keep what it gives. If my latest stack is up 10 points and then the other is 15 points and the original is 28 points its a total of 53 points / $53 vs my original $17 risk.
Another thing im trying for 90 days is pulling 40 percent of winnings out monthly and roll the 60 percent back (opm) into the account to increase stacks on future trades.

hope this makes sense?

doji


Ya it makes sense. I like how adding in this manner
doesn't pull your stop closer to price to much after
the first couple adds.

Seems like its a perfect fit for you. I wouldn't change
a thing.
Trade Your Way as Long as It Makes Money!

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

aliassmith
rank: 1000+ posts
rank: 1000+ posts
Posts: 1667
Joined: Tue Jul 28, 2009 9:50 pm
Reputation: 21
Gender: Male

Re: A fresh start! Doji's Trading Journal

Postby aliassmith » Thu Jan 15, 2015 1:34 pm

alexi13 wrote:Wow, your stacking rocks! :)
I have a problem with adding to a position even once or twice.
I hope that I could break my inner resistance looking at your charts, so please show some more.


You will have to practice with a lot size that doesn't
matter to you. Once you make it work at that level
scale up gradually.
Trade Your Way as Long as It Makes Money!

User avatar
Captain Pugwash
rank: 150+ posts
rank: 150+ posts
Posts: 403
Joined: Wed Sep 14, 2011 7:59 am
Reputation: 0
Location: Insanitary Industries
Gender: Male

Re: A fresh start! Doji's Trading Journal

Postby Captain Pugwash » Thu Jan 15, 2015 2:20 pm

Some really impressive trading there Doji - you've certainly put enough work in!!

Now for the reward :)

Well deserved mate
"MOJO 1)Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp/In context of contest or display of skill such as going into battle. 2)Ability to bounce back from a debilitating trauma and negative attitude YEH BABY

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

Re: A fresh start! Doji's Trading Journal

Postby dojirock » Thu Jan 15, 2015 4:56 pm

Slow day on U/J
Doubled lot size today, so only 4 stacks max.
2015-01-15_1152.png
2015-01-15_1152.png (85.97 KiB) Viewed 258 times
"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!"

dchappy
rank: 500+ posts
rank: 500+ posts
Posts: 832
Joined: Sat Feb 14, 2009 8:48 pm
Reputation: 3
Gender: Male

Re: A fresh start! Doji's Trading Journal

Postby dchappy » Thu Jan 15, 2015 5:12 pm

Dojo...you...Rock.... :smt038 :smt038 :smt038

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

Re: A fresh start! Doji's Trading Journal

Postby dojirock » Thu Jan 15, 2015 5:40 pm

U/J finally woke up after lunch
done for day +444 doubled lot size
2015-01-15_1238.png
2015-01-15_1238.png (88.65 KiB) Viewed 251 times
"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.


Return to “beginners forum”