You guys may know me from my last trading journal which I still plan to update...https://www.forexfactory.com/showthread.php?t=641014
This new journal is for those high risk traders. I know pretty much every individual retail trader is looking for big profit each month. My expectations aren't too high. The idea here is high risk trading the safest way possible. Is there a way to do high risk trading safely? We're going to find out. I have a plan in place. Lets see if it works.
The plan...
I will be streaming live every week. Likely 5 days a week. Starting at 9 am EST. Some days I may not stream so to find out, just subscribe to my youtube channel and you should get emailed when I go live. I may not stream on the days the markets are slow.
http://www.youtube.com/user/cubbybgood/live
I will NOT be selling anything in my streams. They are strictly education based.
-I will be using 2 of my custom created EA's with manual intervention.
-Scalping the EU pretty much every day. This should be fun for you guys to watch as trades go in and out in just minutes. I've made a personal 160% scalping in my past accounts. I hope to continue to do well. Scalping will be tricky in this current market with the low liquidity. Market volume and liquidity is important in having success scalping.
-Using my hedge RMI EA. This has given me 18% profit on my 50:1 oanda account over the past 5 months. I will be using this EA at higher risk on this new account.
-Using the LMFX broker for my high risk trading.
-A strict withdraw plan. Every high risk plan needs withdraws, otherwise how will we protect our profit?
I will be shooting for 10-20% per month. If I get just 5-10% in a month I won't be crying because being on the lower side of my expectation is where I would like to be. We all know it's safer to be on the more conservative side.
My myfxbook account where you can track everything.
http://www.myfxbook.com/members/lilr...alping/2040175
Join me as I show you exactly how I trade live! I'll be starting today at 9 am EST.
http://www.youtube.com/user/cubbybgood/live
This new journal is for those high risk traders. I know pretty much every individual retail trader is looking for big profit each month. My expectations aren't too high. The idea here is high risk trading the safest way possible. Is there a way to do high risk trading safely? We're going to find out. I have a plan in place. Lets see if it works.
The plan...
I will be streaming live every week. Likely 5 days a week. Starting at 9 am EST. Some days I may not stream so to find out, just subscribe to my youtube channel and you should get emailed when I go live. I may not stream on the days the markets are slow.
http://www.youtube.com/user/cubbybgood/live
I will NOT be selling anything in my streams. They are strictly education based.
-I will be using 2 of my custom created EA's with manual intervention.
-Scalping the EU pretty much every day. This should be fun for you guys to watch as trades go in and out in just minutes. I've made a personal 160% scalping in my past accounts. I hope to continue to do well. Scalping will be tricky in this current market with the low liquidity. Market volume and liquidity is important in having success scalping.
-Using my hedge RMI EA. This has given me 18% profit on my 50:1 oanda account over the past 5 months. I will be using this EA at higher risk on this new account.
-Using the LMFX broker for my high risk trading.
-A strict withdraw plan. Every high risk plan needs withdraws, otherwise how will we protect our profit?
I will be shooting for 10-20% per month. If I get just 5-10% in a month I won't be crying because being on the lower side of my expectation is where I would like to be. We all know it's safer to be on the more conservative side.
My myfxbook account where you can track everything.
http://www.myfxbook.com/members/lilr...alping/2040175
Join me as I show you exactly how I trade live! I'll be starting today at 9 am EST.
http://www.youtube.com/user/cubbybgood/live