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self coach trading

  #391 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
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Posts: 1,311 since Apr 2013
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i have marked severals importants days in the combine month to trade because the news

22 gbp rate
24 eu meeting
28 cons conf
29 fomc

6 adp nfp
8 ur nfe
11 gbp rate
15 rate uom cons sent
19 buil perm hous star
20 fomc minute

today i think i can only watch, i have a meeting today at 9et

but after the sale off near the limit 80, where a lot stops are
i think , it is a good chance to go long
i have an sitting limit at 75, but not reach there
was early, before open
i was scared
enter small to test 82
target 102, i am calculating 2x20 40p
when i come back from the meeting
i see at 96 , all down to 84
i lost 2 chances, to exit and to add
add 1 in the posibilty to break out in 96
but fail, stay a lot of there
so 2 95
i decide to close the last 94.25 in this range environment
and go out.
not bad for the start, but i saw later reaching to 102, and again i think i exit soon as almost always


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  #392 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646

evidently the schedule i imagine for news is far away from reality
on thursday i planned not trade and wait for monday because the EU meeting
but in thu we have nice movements, and fri only 10 p
i enter on fri, also i add on what i suposed a b/o
when im see the exceitement of buying at 14 i think, yes , we can reach 23, but, not all down back
finish with a tiny winner, but always could be worse.

next planned days tue(cons conf) and wed (fomc), but the key continue beeing how the PA react to that news
now we are in a nice place to b/o o PB again
i am using low size, and long holding time
to reach goal i need the markets give me more swing size
i will not press until then or acumulate more max dd
i am more comfortable and relax now
with nice confidence

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #393 (permalink)
 
xelaar's Avatar
 xelaar 
prague, czech republic
 
Experience: Intermediate
Platform: NT7, MT4
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Trading: DAX, Gold, Euro
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alejo View Post
evidently the schedule i imagine for news is far away from reality
on thursday i planned not trade and wait for monday because the EU meeting
but in thu we have nice movements, and fri only 10 p
i enter on fri, also i add on what i suposed a b/o
when im see the exceitement of buying at 14 i think, yes , we can reach 23, but, not all down back
finish with a tiny winner, but always could be worse.

next planned days tue(cons conf) and wed (fomc), but the key continue beeing how the PA react to that news
now we are in a nice place to b/o o PB again
i am using low size, and long holding time
to reach goal i need the markets give me more swing size
i will not press until then or acumulate more max dd
i am more comfortable and relax now
with nice confidence

Great job! Keep it on!

Trade to live. Not live to trade.
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  #394 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646

the good thing is i pass my day6 without touch MaxDLL (in my previous i last max day5)
i give back all and more on day 3, then i i had only max dd 2682
if i want to end between rules i have max 3 losing days
2682/4=670 per day 2lot x7 p sl
if risk a little i can not reach the goal
if i have a good day and continue trading i can give back
i need to risk more , but watch tha downside risk

i fall in scalping fair mode on day overtrading only for broker

some good trades, and give back, again

i need a compromise between wait, risk, really is difficult with this tight parameters,

i wait for the some news day, but the mkt will move when it want

i need to see and wait

like yesterday

i have 4 days more

4w2l i need to win 1 and stay up to 150k to try it again

but if i wait and press accordingly i can reach it.

4 x1500?
or try to go to 1 x 4000 or more

depends the waves.

i am learning to surf

well done!!
trades

performance


combine

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #395 (permalink)
DrewDown
Kansas City, MO U.S.
 
Posts: 211 since Mar 2015
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You're getting close, Alejo, keep going. That is great. I will admit you are more consistent than I have been. Thank you for sharing.

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  #396 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646

i thought on may1st, holiday , there would be less participation and narrow day
what wrong, nice move up, near the top of range again
(i think i lost a nice chance, the night of thursday to open an ON pos), after that nice final push, from the reversal fom 70
but, that is it
this wek i have planned as noce day to trade wed adpnfp and fri.
but i need to be focus on what happen on reality.
patiently
i was thinking about to reach the goal, going for 3 point with 10lot, and doing that 4 days.
but in that way i would changing my plan
better to find and try to ride the move adding
the problem i found is in range, i give mostly back
if we break up, i think we can have a nice run
again, i need to wait and see
i need 4 more days to trade till 21may
i can find 4 good days

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #397 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646

but not out
at overpass my own limit per day, trying to recoup with the goal 9k in mind,
i let go down +1k8 to -1k5 in 1 trade
trade as a range waiting a counter trend bounce,
and the trend down

bad things,
over trade, try to risk a little, bad things

the good thing was i reduce size up to finish with 1 lot and stop before to hit daily loss limit

at the limit -2896 for the day, i made a couples of steps back
i have 3 days to finish with less than 1500 of max dd , and i need to win 1 day
i will risk 500 per day,
and try to finish as better as i can with the goal now, to follow the rules , and wait the next to try to get the 9k goal

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #398 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646



with 4k5 and 4 days to go i have had a nice chance
but with this tide rules i can not failed too much on the decisitions, and i failed too much
on day 8 i up again
and day 9 i enter long too early but with stop at 57
and i need to go out near the bottom, with 4 cars, i lost the rally to 88
mainly wrong but thinking mostly
this time i could manage the positioning size to avoid go out of the way
i lost most the max dd, the last day i have only 361 of max dd and 150 to touch the 150k again, i have tried, but the goal was to follow the rules and try it again, and continue practicing
the first goal was to follow the rules and i got it
the next is to keep max dd, i need to build the max dd first 6/7days and risk it on the last 3/4
losing in 3 days almost 8k, is not the way to reach to 9k
each time i have entered on scalping mode, recover and overtrade was a disaster, and i need to watch out the warning to increase size in this situation,
very good the win holding 1h43
and the big trade 3963
i have severals trades i let them go from +1187 to -1631 or from +362 to -2100, that i need to correct
it was good i was willing to risk the winnings adding, but the envieonment was range and not trending, and i was wrong
also i fade the trends, wrong again
i feel good,
i will wait for tst to say, try it again
and i wil do
the goal: follow rules and build as much i can, upto reach and pass 9k
i need severals conditions to do it, but i think i can do it
performance


trades


La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #399 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646

one interesting thing is i am feeling comfortable in this practice, i was able to manage the risk and size
the plan with special days to trade did not work, because the market moves others day
each day was good to extract money , the key is how can i do it
i am thinking 2 strategy
a)on day 1 if i have maxdd of 4k5, and risk 450 per day, i can last 10 days,but i can los10 days and i need 5 win days and win>0, but i can win a little risk a little. i do not like this
b)on day1 if i have max dd of 4k5 and risk 900 per day ,i can last 5 days, but i have more prob to win more
in some of these days i need to win to acumulate
on day 2 depending if was a winning or losing day, i can risk more if it was a winning or the same if it was a losing day
the (4k5)/4 1250
the idea is try to exceed on day 5 the 4k5, and be able to risk more , balancing ,the win days (min5) with the new maxdd, and be able to risk more on the second half
in both cases, the idea is to risk the earnings and add to get the famous asymetrical returns (in this tide environment is compulsory)
i need to try to avoid the -2900 days, get out of maxdd, and risk more than the entry risk (to avoid let become +1500 to -1500)
less size, wide stop, entry test, pyramid and big holding, ok
i need to press more the winners, if i catch one to increase the av win size
and kill the losers quicker
to try to improve the reading, wait more, to entry and to exit, i can probe that almost always i do things too soon, and i lost the better chances
in this test if i start bad is dead, then is not a bad idea apply the lpt scaling plan, 3/ 1500,4/2k,5/3k,10/4k5, and after build >5/6 press on the final days, watching the risk

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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  #400 (permalink)
 
alejo's Avatar
 alejo 
madrid spain
 
Experience: Beginner
Platform: nt
Trading: None.
Posts: 1,311 since Apr 2013
Thanks Given: 16,557
Thanks Received: 646


i received the confirmation

i will start next 18 may to 18 jun (fomc 17jun to give the final push)

another step

La lucha es de igual a igual contra uno mismo
The fight is fair against oneself
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Last Updated on April 5, 2018


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