Ha ha, I know what you mean! I did tear myself away, though. I'm not trading or watching it, but still thinking about strategy, and improving...

The 3 month demo trading trial - Journey to profitability

Well. Today was "good". But I still failed, when it comes to money management. I know I risked too much on several trades. I also, after a few losses, increased my risk to recover losses more quickly. I don't think this is sustainable in the long ...

The 3 month demo trading trial - Journey to profitability

Yes, sound advice. And yes, I am winging it most of the time. I need to work on sticking to risk mitigation, and only take trades that offer good R:R and high probability. When I do that, trading is very simple, easy, and boring. It's what I need to ...

The 3 month demo trading trial - Journey to profitability

I think it ends up being both. Lack of patience and discipline will result in not following proper analysis/method. That's why it's so frustrating. I know how to trade. I also know that you really only need a few trades a week to be profitable. But ...

The 3 month demo trading trial - Journey to profitability

Good question! I'm all over the place with that, just like everything else regarding my trading. Even when I start off patient and disciplined, I end up locking into the charts, and forcing trades all day. Here's an example: Currently GJ was just ...

The 3 month demo trading trial - Journey to profitability

Lost 40 trades. But had 35% win rate. This would be good enough. But the R:R wasn't consistently good enough. I've got so many issues with my trading at this point, I'm not even sure where to begin. As you mentioned, I used to be able to make pretty ...

The 3 month demo trading trial - Journey to profitability

Barely alive with 2nd attempt. Will try to build it back up. If not "defeat" again. However, I've started a 3rd attempt already, which will be trading only daily time frame. Both accounts linked to this thread. If I can keep from blowing one or the ...

The 3 month demo trading trial - Journey to profitability

Well... Still need to work on patiently waiting for the good entry. But I think I finally got a good entry on UJ. We'll see if it can break out of the ascending triangle formation and put me back on track. Or, if I'll need to start over again.

The 3 month demo trading trial - Journey to profitability

And here's further evidence that 10% a week on average is not really that lofty of a goal. Take my current UJ trade. I entered with a 1.5 pip SL. My target is 62 pips. Thats over 40 times my risk in profit. Even if I get stopped out 10 times, I'm ...

The 3 month demo trading trial - Journey to profitability

Mr. Hickson! Thanks for stopping in. Regarding my minimum goal of 10% a week, please consider this: Let's say 15 trades a week, risking 2% per trade with a 1:5 R:R on average. Further lets say we only win 5 out of 15 trades. That's a 30% increase. ...

The 3 month demo trading trial - Journey to profitability

Defeat. I think I psychologically gave up on this account since I started the 3 month trial after I already lost so much. Will be better to start fresh. So, will replenish account to $500. Target $1500 by May 18th...

The 3 month demo trading trial - Journey to profitability

When I decided to start this thread and 3 month trial, I was in the midst of a draw down on my account, due to over-trading and bad trade management. I continued that bad trend today, after I started this thread. I was tempted to just start over, ...

The 3 month demo trading trial - Journey to profitability

My 3-month trial starts... Actually started yesterday, but close enough, ha ha ...So May 17th will be current target end date for the trial...

The 3 month demo trading trial - Journey to profitability

117.85 is a key level UJ needs to find support above it, for me to be comfortable holding longs...

Bull City Baby! Buying Opportunities

One thing is for sure, I will be very hesitant to hold any trades overnight right now. Everyone be careful!

Bull City Baby! Buying Opportunities

Wow. I have yet of find a single currency pair that is going down right now on H1 chart. Something big coming, I think. Gold/Silver also going up. Are we headed for a big crash? Or is everyone in Bull City Baby! now? Ha ha....

Bull City Baby! Buying Opportunities

At the bottom of the range. Time to buy as long as range holds...

Bull City Baby! Buying Opportunities

I'd buy on a breakout pull back rejection of top of the mother bar, or on a retrace within the inside bar range. Looks like it could consolidate for a few more days, imo

Bull City Baby! Buying Opportunities

Hi Traders! Been busy trading and trying to get my account back in the green. As far as UJ goes, I think we're back to bull city baby! Could be some retrace, but I think overall we should see the uptrend continue. As long as 115.853 is not broken, ...

Bull City Baby! Buying Opportunities