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- Sandude replied Nov 30, 2017
Congrats on another month of profit One question. From that chart you posted I would say that your trading style has changed a bit over time. What were you doing differently in the first months?
- Sandude replied Nov 30, 2017
Today was a hard one, with lots of trading and lots of positions. Some went well, some not so well but I ended up with a profit and that's what's important. One by one: I tried to trade the USD/CAD as I expected a surge in momentum like I saw some ...
- Sandude replied Nov 29, 2017
The day started quite well with a very simple GBP/CAD trade that closed quickly. image Then I decided to continue the ride but on the GBP/USD, as it was freshly breaking out of resistance and had lower spreads. This lasted for a while, as I was ...
- Sandude replied Nov 28, 2017
Today went well, particularly the USD/CAD trade went really well, considering it was way too early for the USD or the CAD to be moving that much. image Unfortunately I messed up a trade on the EUR/USD very early in the morning and basically all my ...
- Sandude replied Nov 27, 2017
Well I've been absent for a while but it was my brother's wedding and I didn't have that much time to post anything. Today has been an interesting day. I made some progress and also some mistakes, but I couldn't pay that much attention to the daily ...
- Sandude replied Nov 21, 2017
CSM? Google tells me that this could mean currency strength meter. If so, I was already using something similar some time ago, maybe I could recycle it. It was just an indicator telling me the trend on individual currencies instead of currency ...
- Sandude replied Nov 21, 2017
Today has been also quite bad, because I was trying to do the same as before. I have been thinking of ways to fix my trading and I have come up with something. One of the big problems I encounter is with exiting a trade. I was using stop loss and ...
- Sandude replied Nov 20, 2017
Today I tried to get ahead to avoid entering late. I should have postponed that second entry, though, but got overconfident. The results were really bad, since I had decided to put the stop loss far away to give it some room to test the support ...
- Sandude replied Nov 17, 2017
I had also considered that the pyramiding was happening too soon, but like I told you, I was never successful with it. I am basically trying it out now seeing how I can do it but I still have problems with it. It's good advice to try to do it later ...
- Sandude replied Nov 17, 2017
And again the same thing. Possibly again the stops were too tight, at least the one on the EUR/AUD. I'll have to change this a bit for next week. Overall it went quite bad in the end... I guess it will take some time to become profitable. image ...
- Sandude replied Nov 16, 2017
Another day, another failure I stand by the decisions I made today, but it just didn't work this time. I opened two positions, an EUR/GBP and EUR/USD. The EUR/GBP one was going great but corrected a bit too much and took me out on stop ...
- Sandude replied Nov 15, 2017
Thanks, I appreciate the support
- Sandude replied Nov 15, 2017
Horrible day today. Had two EUR/USD trades go wrong only to then come back up the way I thought they would. I guess I have to place the stop loss better to avoid this in the future. There's nothing worse than guessing right and still losing money. I ...
- Sandude replied Nov 14, 2017
Congrats on another winning day. It tastes particularly good when you had to fight for it One question: Do you really use the RSI? I don't see much connection between the RSI and your trading.
- Sandude replied Nov 14, 2017
Today went quite well, 0.6% up after two successful trades. The first one happened quite quickly on the EUR/JPY. As I expected resistance I had the take profits just before it. In the end it continued to go up when I was out but oh well... Insert ...
- Sandude replied Nov 13, 2017
Thank you for the good wishes, you know you've been a great inspiration for me Yes, I was a bit late for that breakout, mainly for two reasons. The first is that there was a previous maximum about 6 hours later that I really wanted to see broken ...
- Sandude replied Nov 13, 2017
Well, today went well with a good EUR/GBP trade. As per usual it started correcting right when I entered the trade, so I started losing money but in the end it moved in the predicted direction. I thought it would go much further, but it didn't and ...
- Sandude replied Oct 31, 2017
Congratulations, 10% a month is quite brutal; particularly with no losing days
- Sandude replied Oct 26, 2017
I've seen that you add up to a winning position several times which results in some of the entries giving you losses. But somehow I see that working for you. How do you do this adding up to a position? It is really one of the things that I never ...
- Sandude replied Oct 18, 2017
Thanks for the very comprehensive reply, it was useful. So from what I read I take it that you base your strategy on a bunch of very small trades to minimize drawdown. I like this idea, I think I'll try something similar on a parallel account. I'll ...