Aliassmith Beats a "Dead Horse"

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Post by aliassmith »

The family likes to spend money on vacation. I had enough sun so I traded the nasdaq for the last 15 minutes. Net .5% will buy more daiquiris or margaritas.
Edit: made 1% waiting on the fam
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Re: Aliassmith Beats a "Dead Horse"

Post by Yirbu »

aliassmith wrote:The family likes to spend money on vacation. I had enough sun so I traded the nasdaq for the last 15 minutes. Net .5% will buy more daiquiris or margaritas.
Edit: made 1% waiting on the fam


Ahhhhhh...Enjoy!
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Re: Aliassmith Beats a "Dead Horse"

Post by Yirbu »

For me this week was a difficult week as I had a hard time making a profit.
In the end I closed the week with a little over 5% but most of the week I went up, down, up down...really hard.
I'll have to reflect why the week didn't work out better because I just don't know now. the setups were there.

Today I had a good day profit and I think i was right in front of my screen when the trade setups came by.

I'll keep on practicing until it's easier.


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judokamak
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Re: Aliassmith Beats a "Dead Horse"

Post by judokamak »

aliassmith wrote:If you have the means to manage 3 accounts, you can run something like this on a:
$500,000 + $400,000 + $300,000 = $1,200,000
After "their" cut its roughly $1,000,000 you trade for yourself
You will need a few computers, some post-it notes to keep things straight, and lightning reflexes.
Unless you know of a really fast(safe) trade copy setup.


Just out of curiosity, have your tryed any of mt4 copier SW? FX synergy perhaps, or these guys https://www.mt4copier.com/?
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Post by aliassmith »

Yirbu wrote:For me this week was a difficult week as I had a hard time making a profit.
In the end I closed the week with a little over 5% but most of the week I went up, down, up down...really hard.
I'll have to reflect why the week didn't work out better because I just don't know now. the setups were there.

Today I had a good day profit and I think i was right in front of my screen when the trade setups came by.

I'll keep on practicing until it's easier.


220812 - EURUSDM5.png


I know you see people making huge returns. If you let that fog your mind you may not realize 5% a week is actually great in the investment world.

You will have red days
You will have BE days
You will have green days
You will have gold days

Don't give yourself extra anxiety!
Trade Your Way as Long as It Makes Money!
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Post by aliassmith »

judokamak wrote:
aliassmith wrote:If you have the means to manage 3 accounts, you can run something like this on a:
$500,000 + $400,000 + $300,000 = $1,200,000
After "their" cut its roughly $1,000,000 you trade for yourself
You will need a few computers, some post-it notes to keep things straight, and lightning reflexes.
Unless you know of a really fast(safe) trade copy setup.


Just out of curiosity, have your tryed any of mt4 copier SW? FX synergy perhaps, or these guys https://www.mt4copier.com/?


Most of my research says they won't trade exactly how I want. Latency, commission setup, and spread differences can cause problems
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Post by aliassmith »

Made 5.7% today scalping US100 (nasdaq).
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Re: Aliassmith Beats a "Dead Horse"

Post by Yirbu »

aliassmith wrote:
Yirbu wrote:For me this week was a difficult week as I had a hard time making a profit.
In the end I closed the week with a little over 5% but most of the week I went up, down, up down...really hard.
I'll have to reflect why the week didn't work out better because I just don't know now. the setups were there.

Today I had a good day profit and I think i was right in front of my screen when the trade setups came by.

I'll keep on practicing until it's easier.


220812 - EURUSDM5.png


I know you see people making huge returns. If you let that fog your mind you may not realize 5% a week is actually great in the investment world.

You will have red days
You will have BE days
You will have green days
You will have gold days

Don't give yourself extra anxiety!


Thx. You're very kind
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Re: Aliassmith Beats a "Dead Horse"

Post by Don_xyZ »

aliassmith wrote:
Yirbu wrote:For me this week was a difficult week as I had a hard time making a profit.
In the end I closed the week with a little over 5% but most of the week I went up, down, up down...really hard.
I'll have to reflect why the week didn't work out better because I just don't know now. the setups were there.

Today I had a good day profit and I think i was right in front of my screen when the trade setups came by.

I'll keep on practicing until it's easier.


220812 - EURUSDM5.png


I know you see people making huge returns. If you let that fog your mind you may not realize 5% a week is actually great in the investment world.

You will have red days
You will have BE days
You will have green days
You will have gold days

Don't give yourself extra anxiety!


Yes, not everyday is gold. Days when you see red is the most conflicting one especially for the new traders because it breaks the spirit. But this is very much normal.
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Re: Aliassmith Beats a "Dead Horse"

Post by Yirbu »

This week I had a nice week trading the deadhorse.
True, there were mistakes but nothing epic.
I took a total of +17R which is by far the best result I had so I'm glad with my result.

Also I found out why I feel my trading is a bit wobbly. A lot of my trades are just +1R. Which means that in case of a losing trade I am back to where I started. The way I see it is that there are 2 ways to solve this; krank up my win % and/or try to get more +1.5R trades.
Either way...I need more practice and go back to my plan because I wasn't very good in sticking to my plan; don't interfere with my trades and let them run to 1.5X.
I find it extremely interesting to see why I wasn't able to stick to my plan....It's not that something terrible will happen if I stick to my plan and I fail....
The demo account is just monopoly money...
Still...why is it so hard?

Enough gibbering on your thread....
Next week:
More 1.5+R trades.
More aggression in my trades; I'm here for the money :mrgreen:
More accounts; because I am experimenting I need to find a way to do this on different accounts because I messed up my stats by polluting my data with trades that shouldn't be in there.

Also I will skip the not interfering with my trades...my data might show it's more profitable, it also feels stupid.
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