Space Traveller :-)

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laksh
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Space Traveller :-)

Postby laksh » Fri Feb 05, 2016 8:32 pm

Greetings All.

Thought I would post my progress with my trading project to keep me disciplined with the plan.

I am using MightOne's money/risk management concepts.

Ultimate goal is to reach 1M from 5K (£3.2K).
1 Year targets: 16 way points (Bronze Medal); Adding two zeros (Silver Medal); Reaching 1M (Gold Medal).

L
Last edited by laksh on Sat Feb 06, 2016 1:49 am, edited 1 time in total.

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laksh
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Re: Space Traveller :-)

Postby laksh » Sat Feb 06, 2016 1:40 am

Wanted to update my MM Google spreadsheet downloaded as .xlsx, but Kreslik is not allowing it :(

Attaching it as an image.

MM_SS_05022016.PNG
MM_SS_05022016.PNG (82.85 KiB) Viewed 1748 times


L

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laksh
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Re: Space Traveller :-)

Postby laksh » Sat Feb 06, 2016 1:47 am

Waypoint 1 climax trades:

Jup_20160205.png
Jup_20160205.png (40.91 KiB) Viewed 1627 times


Last trade was more of a play trade... was in a Subway sandwich shop to get a sandwich and there was a large queue, so thought of getting the sandwich money (£4 for a 6 inch veggie patty sandwich and a coffee) from the market, hence lot size deviation from the min lot size :-)

Jup_bal_20160205.png
Jup_bal_20160205.png (15.25 KiB) Viewed 1627 times


EDIT: Smaller pics

L
Last edited by laksh on Sat Feb 06, 2016 6:13 pm, edited 3 times in total.

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prochargedmopar
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Re: Space Traveller :-)

Postby prochargedmopar » Sat Feb 06, 2016 3:07 am

laksh wrote:Greetings All.

Thought I would post my progress with my trading project to keep me disciplined with the plan.

I am using MightOne's money/risk management concepts.

Ultimate goal is to reach 1M from 5K (£3.2K).
1 Year targets: 16 way points (Bronze Medal); Adding two zeros (Silver Medal); Reaching 1M (Gold Medal).

L


Awesome goal.

Be advised that posting here will not be what keeps you disciplined.

Good Luck!!
#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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MightyOne
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Re: Space Traveller :-)

Postby MightyOne » Sat Feb 06, 2016 5:10 am

laksh wrote:Greetings All.

Thought I would post my progress with my trading project to keep me disciplined with the plan.

I am using MightOne's money/risk management concepts.

Ultimate goal is to reach 1M from 5K (£3.2K).
1 Year targets: 16 way points (Bronze Medal); Adding two zeros (Silver Medal); Reaching 1M (Gold Medal).

L


There are a lot of people who would love to tell you what is and is not possible, don't listen to them.

A few things that will increase your speed:

1) iDouble: Always attempt to double your size shortly after a $min entry (a stop loss that is higher than the
extreme helps with this).
2) Orphaned Trades: If your stop is at the monthly+ extreme or breakout then revert to $minimum size instead of liquidating
your position. If the monthly candle happens to go 576.4 pips then you will move forward one waypoint.
Do not do this if you have failed to double your size or if this is one of your actively traded pairs.
3) Multiple Targets: If price blows through +72 P$PS then lock in the waypoint & see if you
can get to 113.6 or 159.3 P$PS (switch colors or reach the next waypoint).
4) Whatever you were planning on doing get it done today; lean heavily towards shorter term trades.
(continue to use the same size/space after the next day opens).
This is not what I have done in the past but then again I am no longer targeting 58.49% waypoints.

Every little thing that you do to potentially increase your speed will help you get those extra waypoints that you are targeting.

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salezyakuku
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Re: Space Traveller :-)

Postby salezyakuku » Sat Feb 06, 2016 2:10 pm

laksh wrote:Ultimate goal is to reach 1M from 5K (£3.2K).

=D>
"To achieve great things, two things are needed; a plan, and not quite enough time." - L.B.

I'm counting on success story. \:D/
"I only see my goals, I don't believe in failure 'Cause I know the smallest voices, they can make it major"

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laksh
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Re: Space Traveller :-)

Postby laksh » Sat Feb 06, 2016 4:23 pm

prochargedmopar wrote:
Awesome goal.

Be advised that posting here will not be what keeps you disciplined.

Good Luck!!


Thanks prochargedmopar. It will be a great learning curve for me to receive feedback and ideas from fellow traders.

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laksh
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Re: Space Traveller :-)

Postby laksh » Sat Feb 06, 2016 4:26 pm

MightyOne wrote:
There are a lot of people who would love to tell you what is and is not possible, don't listen to them.

A few things that will increase your speed:

1) iDouble: Always attempt to double your size shortly after a $min entry (a stop loss that is higher than the
extreme helps with this).
2) Orphaned Trades: If your stop is at the monthly+ extreme or breakout then revert to $minimum size instead of liquidating
your position. If the monthly candle happens to go 576.4 pips then you will move forward one waypoint.
Do not do this if you have failed to double your size or if this is one of your actively traded pairs.
3) Multiple Targets: If price blows through +72 P$PS then lock in the waypoint & see if you
can get to 113.6 or 159.3 P$PS (switch colors or reach the next waypoint).
4) Whatever you were planning on doing get it done today; lean heavily towards shorter term trades.
(continue to use the same size/space after the next day opens).
This is not what I have done in the past but then again I am no longer targeting 58.49% waypoints.

Every little thing that you do to potentially increase your speed will help you get those extra waypoints that you are targeting.


Thanks MightyOne.

Orphaned trade idea is super. I will incorporate all four points in my trading plan.

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laksh
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Re: Space Traveller :-)

Postby laksh » Sat Feb 06, 2016 4:32 pm

salezyakuku wrote:
laksh wrote:Ultimate goal is to reach 1M from 5K (£3.2K).

=D>
"To achieve great things, two things are needed; a plan, and not quite enough time." - L.B.

I'm counting on success story. \:D/


Thanks salezyakuku. Nice quote.

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laksh
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Re: Space Traveller :-)

Postby laksh » Sat Feb 06, 2016 7:35 pm

Off the field, Americans will consume an estimated 325.5 million gallons of beer as well as 1.3 billion chicken wings. :lol:

Hmmm, mind blowing numbers about Super Bowl 50. http://bbc.in/1UTbP5R

Never seen such a coverage of SuperBowl on BBC. Will stay awake for the game and coldplay half-time show.

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