A fresh start! Doji's Trading Journal

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newscalper
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Postby newscalper » Wed Oct 24, 2012 4:17 pm

I did :lol:
Image
I know today has been an usual day though, all wins no losses. I need to put some rules into play for that, whether that be stop for the day on a loss or a daily loss limit. Undecided as yet as I know not the probability of this method.

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Postby dojirock » Wed Oct 24, 2012 4:37 pm

No losses....what a feeling eh?
I can tell you this...its the same..if renko is easier do it!
It really is simple... its even easier to see on the renko.
remember this, when ever there is a bias change..let it change...
we dont enter till the pullback, or dcstyle, pullback break of the 2.

great job today!
It always takes Momentum to break Momentum!
"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!"

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Postby newscalper » Wed Oct 24, 2012 5:13 pm

:D

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Postby prochargedmopar » Wed Oct 24, 2012 9:30 pm

newscalper wrote:I did :lol:
Image
I know today has been an usual day though, all wins no losses. I need to put some rules into play for that, whether that be stop for the day on a loss or a daily loss limit. Undecided as yet as I know not the probability of this method.


Nice.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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newscalper
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Postby newscalper » Thu Oct 25, 2012 10:56 am

I didn't catch any of today's run up but now short. Am aware of those zones below so possibly doesn't have much room to move, will see how it goes
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Image

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Postby newscalper » Thu Oct 25, 2012 12:44 pm

I nearly cut the trade when it came back but glad I didn't

Image

Out now as it's making a momo and also hitting the long mighty zones on the H4

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Postby Braathen » Thu Oct 25, 2012 1:12 pm

Good stuff newscalper :D

I have been trying to defend my daily low today and when i saw ur post i was like "come at me brohski!" .. and u did lol...

What kind of lot sizes are u entering? do you have a plan for when things
go wrong? how do you define your risk?
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Postby Braathen » Thu Oct 25, 2012 1:15 pm

sorry.. shouldnt ask you about the lot sizes... a mans money is
his own buisness
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
MO-

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Postby bettlebox » Thu Oct 25, 2012 1:16 pm

2 trades on EU. Let the second run S/L set to b/e


BB
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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newscalper
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Postby newscalper » Thu Oct 25, 2012 1:32 pm

Braathen wrote:Good stuff newscalper :D

I have been trying to defend my daily low today and when i saw ur post i was like "come at me brohski!" .. and u did lol...

What kind of lot sizes are u entering? do you have a plan for when things
go wrong? how do you define your risk?

I'm just playing this on a small oanda account ?500 to get the feel of it so lot sizes are tiny. All I'm doing re defining risk is fixed fractional on trade 1 then on each subsequent trade upping the size with the pip-cushion.
you can do that on oanda as the lot sizes aren't fixed. If this works out i'm opening an acct at prospreads to get a better spread etc so then I'll have to re-think it slightly as I think they have fixed lot size. Apart from that, nothing any more sophisticated as I need to see what the probabilities of what I'm doing pan out. No idea if this is a winning strat or not...been here b4: a good couple of days means nothing :lol:

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