I don't have 100K to flush down the toilet. But I do have 400$ to compound to 100K if and when my trading stabilizes at some point - the trouble is I just don't know when, but at least I'm starting to understand the half of "how"

Journey to consistency

ZERO , thanks for reminding I had thought about that but I didn't bother to change the amount - I am trading with the smallest lot however to keep things realistic.

Journey to consistency

Nikkei short -went down 70pips 90pips but I only managed to grab 15 my entry wasn't on point. Precision entry matters when you're playing with indexes. Will be back when London opens with DAX. I also have found that keeping an eye on 15m could be ...

Journey to consistency

I have to agree with your point that trading is dynamic but I'm wondering what do you mean by midline ? and how do you properly draw one ?

Successful traders are very, very rare to find

I really appreciate you stopping by DeepChill! I also encourage you to keep working on your craft, I realized that keeping a journal over here along with a trade explorer makes you work extra hard.

Journey to consistency

I definitely need to master that entry regardless of the condition I find myself in. If got in earlier as soon as price broke above 200ema and the London open that was 40pips worth of move. So did Nikkei went up 40pips. But I'm leaving Nikkei for ...

Journey to consistency

Got out too early after holding it for good 30minutes. +18pips - 10pips = net 8pips for the day thus far.

Journey to consistency

learning what doesn't work leads to the path of realizing what does actually work. good point!

What would you do if you had to start over?

This is a 5min chart of GJ Again drew a line, <you'll only need a single line> The red arrow exhibited a good entry point. Now we're down about 30pips in an hour. Comparison to Nikkei dropped over 130pips in the same period of time. But then ...

Journey to consistency

So I'm experimenting "trade away from the open" theory/method whatever you want to call it. For now I don't have enough evidence to conclude that it'll work in the long run. I have came across many "magic formulas" in the past, but they've all ...

Journey to consistency

When price is above an open, it is up. Conversely, when price is below an open, it is down. It is a good idea not to short when price is up and not to buy when price is down. Naturally, most traders look for reversals but are impatient and trigger ...

Trading is as simple as 1-2-3

I would go 1 step further and add "reference point" and price either goes up or down. But make sure to assess risks involved in both directions, pick your side and play the probability game. I'm starting to think indexes are better suited for this ...

What would you do if you had to start over?

that post of yours deserves some

Higher Edge within a Single Candlestick

I wouldn't wish to repeat what I went through the past 4 years, and the OP is at 10 and you're at 9 I can only imagine. But I would have wanted to have a mentor not a teacher to guide me to the right path - but at the end of the day I am aware ...

What would you do if you had to start over?

+14pips DAX +9pips CADJPY

Journey to consistency

I need some "music" for concentration learning to trade profitably is like a world class athlete training for an Olympics or for a competition of similar calibre. It's an intense tiring process. Maybe it'll get easier once I get the hang of it. In ...

Journey to consistency

Frankfurt open -11pips+4pips, -7 London -10pips Total - 17pips It's going to be a tough day for DAX. Doesn't want to go either way for now....

Journey to consistency

So here's the new plan I'll demo DAX until the end of Nov thats about 7 days. My daily target is to end the day in the positive. Usually DAX moves around 60pips total average from Frankfurt open to 1hour into London (I'm going to be trading DAX from ...

Journey to consistency

GBPJPY S 148.90 R 149.20 For the late Farnkfurt and earlier London session I expect GJ to push higher up to 149.20, I'm not sure if it will break above that point, it probably won't happen until the inflation hearing is out. 4h looks bullish to me ...

Journey to consistency