TygerKrane's Pip-Pickpocketing

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TygerKrane
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Re: New Trading Campaign

Postby TygerKrane » Sun Sep 10, 2017 6:40 pm

Week 2
Week Ending 9/8/17
1%
Entries: 12

IMG_20170908_132137.jpg
IMG_20170908_132137.jpg (63.22 KiB) Viewed 413 times

I'll try to say a little something later, or at least put up one or two of my trades from the week

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

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Sun Sep 10, 2017 7:54 pm

Best trade of the week
EA
42 pips @1stDouble

Set Entry Order
IMG_20170910_153725.jpg
IMG_20170910_153725.jpg (237.66 KiB) Viewed 403 times



Entry Order Triggered (I moved my TP down to 1.4907)
IMG_20170910_153800.jpg
IMG_20170910_153800.jpg (250.53 KiB) Viewed 403 times


Add-in
IMG_20170910_153852.jpg
IMG_20170910_153852.jpg (245.01 KiB) Viewed 403 times


Adjusted TP even lower to 1.4880
IMG_20170910_154023.jpg
IMG_20170910_154023.jpg (242.65 KiB) Viewed 403 times


Decided to manually take profit sooner
IMG_20170910_154048.jpg
IMG_20170910_154048.jpg (243.91 KiB) Viewed 403 times

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

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Sun Sep 10, 2017 8:10 pm

EA
47 pips @EntrySize

Set Sell Limit Order
IMG_20170910_160443.jpg
IMG_20170910_160443.jpg (194.67 KiB) Viewed 403 times


Manual Entry since the order didn't get triggered
IMG_20170910_160514.jpg
IMG_20170910_160514.jpg (198.37 KiB) Viewed 403 times


Manual TP
IMG_20170910_160609.jpg
IMG_20170910_160609.jpg (202.07 KiB) Viewed 403 times

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

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TygerKrane
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NOT a Breakout

Postby TygerKrane » Wed Sep 13, 2017 5:45 pm

IMG_20170913_134311.jpg
IMG_20170913_134311.jpg (146.75 KiB) Viewed 355 times

IMG_20170913_134034.jpg
IMG_20170913_134034.jpg (155.55 KiB) Viewed 355 times

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

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TygerKrane
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NOT a Breakout

Postby TygerKrane » Wed Sep 13, 2017 8:15 pm

Higher tf view,
to show what my (lack of) thought process was.

D1/H8/H2
IMG_20170913_161250.jpg
IMG_20170913_161250.jpg (190.76 KiB) Viewed 333 times

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

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NOT a Breakout

Postby TygerKrane » Thu Sep 14, 2017 12:44 pm

This thing just refuses to breakout Short ](*,) :smt011

H8/H2/M15
IMG_20170914_084213.jpg
IMG_20170914_084213.jpg (190.65 KiB) Viewed 301 times

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

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Mon Sep 18, 2017 1:01 am

Week 3
Week Ending 9/15/17
-12%
Entries: 19

IMG_20170917_205834.jpg
IMG_20170917_205834.jpg (60.2 KiB) Viewed 256 times

I hate having results this bad as much as you hate seeing them.
Usually, it takes a little bit longer into my trading campaign before I do anything this bad.

※ It is important that I remain unafraid of having failures. ※


IT DOESN'T MATTER how well I handle trading decisions during the lower-leverage phases, if I lose discipline during the higher-leverage phases AND refuse to bring my leverage back lower once I have raised it for the week, I will never be able to move forward consistently.

My major losses were on EA.
When I looked back on the chart at the end of the week, I saw that the D1 chart had about 11 D1 candles of horizontal, overlapping consolidation.
Somehow I kept thinking that I saw enough clues on the lower timeframes to show that PA would breakout Short from the consolidation, so I stayed at the higher leverages since a breakout on the D1 chart at higher leverages would make up for all my losses.

I really would like to trade this week to maintain my trading focus, but I do have to get ready for a trip coming up and then there might be a 2-3 week gap that I don't trade since I am traveling.

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

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Re: TygerKrane's Pip-Pickpocketing

Postby MightyOne » Mon Sep 18, 2017 2:43 pm

TygerKrane wrote:Week 3
Week Ending 9/15/17
-12%
Entries: 19

IMG_20170917_205834.jpg
I hate having results this bad as much as you hate seeing them.
Usually, it takes a little bit longer into my trading campaign before I do anything this bad.

※ It is important that I remain unafraid of having failures. ※


IT DOESN'T MATTER how well I handle trading decisions during the lower-leverage phases, if I lose discipline during the higher-leverage phases AND refuse to bring my leverage back lower once I have raised it for the week, I will never be able to move forward consistently.

My major losses were on EA.
When I looked back on the chart at the end of the week, I saw that the D1 chart had about 11 D1 candles of horizontal, overlapping consolidation.
Somehow I kept thinking that I saw enough clues on the lower timeframes to show that PA would breakout Short from the consolidation, so I stayed at the higher leverages since a breakout on the D1 chart at higher leverages would make up for all my losses.

I really would like to trade this week to maintain my trading focus, but I do have to get ready for a trip coming up and then there might be a 2-3 week gap that I don't trade since I am traveling.


I don't understand how you get to -12%

If your risk is 2% initially then your loss should be -2% no matter how high your lot sizes went (assuming price didn't come crashing through your '0 line' at full size).

Let's say that you set aside 2% for 3 days of trading...
you might divvy it up like so:
a. 0.5%
b. 0.5%
c. 0.5%
d. 0.5%
with each being a segment of risk.

So now you risk 0.5%, end up making 0.75%, and spread the OPM like so:
a. 0.5% + 0.1875%
b. 0.5% + 0.1875%
c. 0.5% + 0.1875%
d. 0.5% + 0.1875%

You lose a trade and now it looks like this:
x.
b. 0.5% + 0.1875%
c. 0.5% + 0.1875%
d. 0.5% + 0.1875%

As you can see, the end result is -2% no matter how much money is added.

You would have to blow up 4.8 boxes of 2.5% risk to get to -12% and every
trade would have to be a loser...

Is it possible that you have made a miscalculation somewhere?

Mr. Hyde
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Re: TygerKrane's Pip-Pickpocketing

Postby Mr. Hyde » Tue Sep 19, 2017 12:48 pm

TygerKrane wrote:Week 3
Week Ending 9/15/17
-12%
Entries: 19

IMG_20170917_205834.jpg
I hate having results this bad as much as you hate seeing them.
Usually, it takes a little bit longer into my trading campaign before I do anything this bad.

※ It is important that I remain unafraid of having failures. ※


IT DOESN'T MATTER how well I handle trading decisions during the lower-leverage phases, if I lose discipline during the higher-leverage phases AND refuse to bring my leverage back lower once I have raised it for the week, I will never be able to move forward consistently.

My major losses were on EA.
When I looked back on the chart at the end of the week, I saw that the D1 chart had about 11 D1 candles of horizontal, overlapping consolidation.
Somehow I kept thinking that I saw enough clues on the lower timeframes to show that PA would breakout Short from the consolidation, so I stayed at the higher leverages since a breakout on the D1 chart at higher leverages would make up for all my losses.

I really would like to trade this week to maintain my trading focus, but I do have to get ready for a trip coming up and then there might be a 2-3 week gap that I don't trade since I am traveling.


Euro and Aud are both strong right now, hence why its moving sideways. I use to always try to see PA breaking out on the smaller time frames and try to justify holding it long term, just to get stopped out. Just scalp in and out for right now and wait for the Daily to shine a huge light to as which way it may go. E/C has a potential sell setting up, which if oil breaks above 50 should give it a reason to sell off. 1.4200 looks to be a good TP

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TygerKrane
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Re: TygerKrane's Pip-Pickpocketing

Postby TygerKrane » Sun Sep 24, 2017 9:12 pm

Week 4
Week Ending 9/22/17
2.7%
Entries: 21

IMG_20170924_170616.jpg
IMG_20170924_170616.jpg (61.65 KiB) Viewed 112 times

Can't say too much now, just trying to get ready for my trip

MightyOne: unfortunately, the -12% is not a typo

Mr. Hyde: thanks for your input, it's appreciated

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

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