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Posts by forex_trader_238125
Merau Real
in
Trading Systems
Dec 17, 2015 at 13:19
withdrew a most of deposit so all rules are out the door :)
Merau Real
in
Trading Systems
Sep 17, 2015 at 11:33
Changing to maximum 2 x Risk and 10% DD
Merau Real
in
Trading Systems
Aug 27, 2015 at 21:46
Going to remove 100 pip stop loss rule for now. I am going to adjust my streategy and be more patient for better entries and stick to max 1x Risk and 5% draw down and see how it goes.
Merau Real
in
Trading Systems
Aug 25, 2015 at 11:01
Hi Robert.1 x Risk is that for $1000 you will only trade 1 Micro Lot. Since you can only trade minimum 1 micro lot then you can't scale into position with $1000 as every trade will be full sized 1x Risk.I like to open initial position and open again another position lower if needed but now only up to maximum 1 x full trade. To do this with Micro lot you would need $3000.My performance on first account was good up until I lost a lot due to too much leverage and not cut loss sooner. I am at least happy I closed my trade and maintain and overall gain on the account.
Merau Real
in
Trading Systems
Aug 25, 2015 at 01:15
My first account I survived with a gain, but learnt lots of valuable lessons. This trading account I will stick to strict trading rules:1. Maximum 1 x Risk - This will be most of the time scaled in a third or quarter size position.2. All trades will have a maximum stop loss of 100 pip3. 5% maximum drawndown
Old Account
in
Trading Systems
Aug 24, 2015 at 12:09
Creating a new account to start fresh with my new trading rules. This was my first real account and it was a good learning.In the end I gained more than I would in savings account which is what I aimed for.The most important thing is I learnt valuable lessons about trading.Look forward to start fresh and see how the next account goes.
Old Account
in
Trading Systems
Aug 24, 2015 at 11:30
My strategy now is to always use a stop loss, I will open less trades and wait for good setups.
Old Account
in
Trading Systems
Aug 24, 2015 at 01:34
So I cut my trades for a loss, I think it is more important to have the discipline to cut loser without ruining my account.At least I can now still live to fight another day.I will be changing my trading strategy moving forward.
Old Account
in
Trading Systems
Aug 24, 2015 at 01:16
I am getting very close to closing my trades.
Old Account
in
Trading Systems
Aug 21, 2015 at 00:14
Max 20% Drawdown rule will be enforced
Old Account
in
Trading Systems
Jul 31, 2015 at 22:25
Did some risky trades this month and ended up with an overall gain. However, this is bad trading on my part and I will make sure to remain disciplined in future not to over-leverage.
Old Account
in
Trading Systems
Mar 25, 2015 at 07:38
This is a long term Investment Account focused on small consistent gains and regular deposits like a regular savings account. The goal is to simply outperform what is possible in a regular savings account.The strategy employed is primarily a scalping strategy.
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