Bombora Trading Journal
Posted: Tue May 18, 2010 8:56 pm
Alright, I've been demo trading with a few of TRO's strategies.
Here is where I'm going to record my trading, post my findings, upload my templates, request feedback, and celebrate with the community while hopefully providing some encouragement as well.
Over the next day or two I will be posting my template for MT4, as well as a ZIP file of the indicators I am using (TRO if this isn't alright just let me know). As a heads up, all of the indicators are available on here this website and I have not made a donation, yet I do plan to and I'm incredibly thankful for TRO's work.
First of all, let me say this - I'm choosing to be a red rat. Hold me to that.
I'm going to be using one template that will allow me to trade a semaphore strategy, the rat strategy, and the psychology level strategy. All based on priced action. Also, there will be inside bars on the template. I love playing these with my rat rules and also find them useful for exits in regards to momentum on large runs.
I wanted to tell a bit about myself, but for those who just want the meat skip this.
I'm trading every morning from 9:00am to 12:00pm. I live on the east coast so that's -5 GMT. I've been trading for one year. I was playing around on a stock simulator one semester, as I'm a college student, and found a website to trade binary options. These are high risk, and I had no idea what I was doing. You simply call or put based on current price, if by the end of the hour price is above that price and you called, you make a 75% return on your money. If not, you lose it all.
In a matter of 3 weeks I turned $100.00 into over $10,000.00. I know, I don't even believe it. But it was dumb luck. Once I learned enough to realize I was stupid and lucky, I moved to futures where I systematically managed to lose it all just as quickly. Haha...
Now I'm here, and we will see how it goes. I see about 100 pips of profit on my chart for today, I'll post it later.
More to come soon.
Here is where I'm going to record my trading, post my findings, upload my templates, request feedback, and celebrate with the community while hopefully providing some encouragement as well.
Over the next day or two I will be posting my template for MT4, as well as a ZIP file of the indicators I am using (TRO if this isn't alright just let me know). As a heads up, all of the indicators are available on here this website and I have not made a donation, yet I do plan to and I'm incredibly thankful for TRO's work.
First of all, let me say this - I'm choosing to be a red rat. Hold me to that.
I'm going to be using one template that will allow me to trade a semaphore strategy, the rat strategy, and the psychology level strategy. All based on priced action. Also, there will be inside bars on the template. I love playing these with my rat rules and also find them useful for exits in regards to momentum on large runs.
I wanted to tell a bit about myself, but for those who just want the meat skip this.
I'm trading every morning from 9:00am to 12:00pm. I live on the east coast so that's -5 GMT. I've been trading for one year. I was playing around on a stock simulator one semester, as I'm a college student, and found a website to trade binary options. These are high risk, and I had no idea what I was doing. You simply call or put based on current price, if by the end of the hour price is above that price and you called, you make a 75% return on your money. If not, you lose it all.
In a matter of 3 weeks I turned $100.00 into over $10,000.00. I know, I don't even believe it. But it was dumb luck. Once I learned enough to realize I was stupid and lucky, I moved to futures where I systematically managed to lose it all just as quickly. Haha...
Now I'm here, and we will see how it goes. I see about 100 pips of profit on my chart for today, I'll post it later.
More to come soon.