Small Traders Dream Diary

Mar 06, 2013 at 07:55
4,441 Visa
103 Replies
Medlem sedan Mar 03, 2013   321 inlägg
Mar 06, 2013 at 07:55
Small Traders Dream Diary
Hi, Dirk here and I will start Small Traders Dream Diary today…..
What does this mean? Well, starting trading actually in 1999 an stock for an year I left it until 2006 because of family. In 2007 I came over to Forex because of some advertisings and was caught. Big Money even with small Invest everywhere in this huge market. Yep, it is, but until today not for me. Anyway, face it, within the FX Market we need a lot of Loosers because their Money goes to Winners Pocket, it´s that easy. And that´s why so many Holy Grails are thrown into the market, Machinery must go on……
So my Journey began in 2007, testing a lot of manual and auto Systems at Demo and with my own Money. Think what….. yep, lost and lost and lost. Ya, I made nice gain within but market took it everytime back, sometimes slow, sometimes more quick. I had an MM, for shure, but if you have only small money to invest you need to do at least 2 things if you wanna make more money: stick to your system and use some high risk to raise up your account balance accordingly or put some of the money into new Systems……. This sounds familiar to you? Ya…….
So after a long time of experimenting, trying, searching, testing I found my systems I need to start my diary for this.
Small Traders Dream – means start trading with very small money trying to reach the Dream of having enough money within 2 years to quit the job or easily afford nice things like vacation, a new car or whatever.
So today I start my diary in here for an introduction what for it is and how I will set it up.
Setup
I have 3 different Trading System, fourth is in the pipeline and time will tell if I use it too. Ok, now 3 Systems. Because this is Small Traders Dream I start with an Account Balance of €250,-
This an amount any Small Trader or Beginner should have for an start. So I will trade this one up with an higher Risk of around 20%, well Market could earth the account if he wants to because of no S/L but I can intervent anytime, so as market has shown 20% is the average risk for this start. If Account doubled I set back risk more and more ……. because I did spent enough time of earthing Accounts. First Account is trading CFD using an Gap Strategy…
So after a while Account should goto at least 1.5k / 2k for taking out money and setting up 2nd Account.
This Account already runs with $100 funded for showin up performance…. This is an Hedging, Grid & Martiangale System. Starting then with an 1k Balance this means High Risk again but when Balance grows Risk will be reduced because of this gives the Chart an much wider Range for his moves….
3rd System will be setup then too with 1k balance. It is same system as the one before, so the Hedging, Grid & Martingale is same but I put 2 scalpers into it too for more performance….
So this is my Small Traders Dream…
I will do the daily input here and within my blog. You are very welcome to leave comments about it.
Start for first Account trading CFD should be tomorrow, Thursday March 7th. My Broker for this is ActivTrades….
Always good trading
Dirk
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 07, 2013 at 09:28
March, 7th
Small Traders Dream Diary

Dax30 Demo Setup yesterday Eve was an Long Gap. No Gap today chart started a few pips in minus. Did set S/L to 25 pips. T/P is 5pips reached at 09:48 am my time.

Testing now my $FX Hedging, Grid & Martiangale System simoultaniously for the Dax30 CFD. This should make it too…
Desperate waiting for my money to arrive at my live account every small traders knows how this feels. Because of using Bank transfer this is awfull slow. These bl… banks still do it like last century by hand, damn guys, your computers could do this within in an second if you would allow it but…. Conclusion: If you are small there are a lot of stones in your way like we say in Germany…..

$FX Performance
$FX System took a few pips yesterday, now waiting for some more. As the pic shows the price runs nicely between both T/Ps and because of 3 open Short and 2 Long trades T/Ps narrowed nicely eachother. And 1.64% is a very nice Performance for March right now the goal of 5% will be reached again this month
 
$FX Dax30 AutoG Live
Comin soon…
$FX Live
https://www.myfxbook.com/members/sfx_systems/fx-copy/501210/sW02PIqIVFkbThB3BiNX

Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 07, 2013 at 20:01
UPDATE
As I can remember I felt very uncomfortable when I started FX Trading, waiting for something was worst thing ever….. and looking for more and more performance. So I will do this in here too again deciding to ride the Dax30 CFD using 2 Strategies in this first account BUT my experience as an advantage too…..

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 08, 2013 at 09:38
March, 8th
Small Traders Dream Diary
EAs can´t wait to work on gaining up my real account……
Damn Money just came back to my bank because of an number missing within acc.no. ….
So my fault and sending again now checkin everything 3 times….. 😡
Not much to talk about today, $FX System is still doin good, start for $FX Dax AutoG will be then at
Tuesday I think….. damn……
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 08, 2013 at 09:38
UPDATE

Both systems combined….. that´s what u can expect starting hopefully next week

https://www.myfxbook.com/members/Quick100/fx-dax30-autog/499710
https://www.myfxbook.com/members/sfx_systems/fx-copy/501210/sW02PIqIVFkbThB3BiNX
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 08, 2013 at 13:50
UPDATE

2nd System $FX..... NFPs good data kicked the NU into his Short T/P.... thanks bro 😁
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 09, 2013 at 12:02
Joke For Traders....

Forex trader: What is a million years like to you?
God: Like one second.
Forex trader: What is a million dollars like to you?
God: Like one penny.
Forex trader: Can I have a penny?
God: Just a second …
😂😂😂😂😂😂😂😂😂😂
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 11, 2013 at 07:21 (redigerad Mar 11, 2013 at 07:34)
March, 11th
Small Traders Dream Diary

Starting into the new week the estimated Dax Up Gap started with price chart 8.5 points down…. but went nicely into 5 pips T/P within 15 Minutes…

The $FX Support System is starting in the week nicely between T/P 0.8181 and 0.8267 ……

Testing now AFX Broker for my Systems….. looks like because of Minimum LotSize this Broker is for Accounts starting at 2.5k

And waiting for the money to fund my 2nd Live Account
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 11, 2013 at 09:54
UPDATE

About trading the Dax30 CFD…..
I can imagine that some traders say: No, I only trade FX….. well, trading the Dax30 is the very same in trading. You can use for this an FX Broker, you have Candlestick Charts, you have Movement within their own Ranges, you have Price Action…… and you can make money!
And that´s why I can put together 2 Different EAs trading the Dax30 CFD, one is specially designed for the Dax30 and the other one is an FX EA ……
Watch my Live Account opening within next days….
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 11, 2013 at 11:10
UPDATE

Because of goin LIVE soon my Dax30 AutoG Demo Account is testing now my $FX Strategy for some time using Dax30 CFD and USIndex30 CFD too…..…
https://www.myfxbook.com/members/Quick100/fx-dax30-autog/499710
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 11, 2013 at 14:39
UPDATE
$FX Dax30 AutoG LIVE Account has started….





eFueF1et" target="_blank" rel="noopener noreferrer nofollow">eFueF1et
combining 2 different Strategies and EAs….

Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 11, 2013 at 21:21
UPDATE
Dax30 went sleepin now…..
Long Gap expected so Gap EA set did set an buy….
Price Chart is $FX System is 1.5 pip away from Long T/P…





Can´t await the morning.….

Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 12, 2013 at 08:27
March, 12th
Small Traders Dream Diary

Chart did open about 20 pips in Minus…..
Waitin and watching…





Set Gap S/L to 50pips = ~10%

Because of 2nd System price chart was near this Short T/P also

Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 12, 2013 at 12:36
UPDATE

Nice thing about combining both Systems / EAs is shown today





If the Gap wont be closed right away and chart is jumpin around like drunk this gives the 2nd system the opp to generate some gain meantime. As it did right now takin the Short T/P and setting up an new Short trade and T/P.
So this reduces my Gap S/L too if hit…..

Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 12, 2013 at 16:01
UPDATE

😀 Supporting System is doin an great job today, reducing risk from still open Gap Trade
$FX Dax30 AutoG eFueF1et" target="_blank" rel="noopener noreferrer nofollow">eFueF1et
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 12, 2013 at 16:01
UPDATE

Gap Trade went into 50pips S/L…….
Good to see Support System meantime made awesome gain and
Still makin more and more so waiting for the next Gap….
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 12, 2013 at 16:01
UPDATE

The hardest thing for any Trader….

You set your S/L to protect your account…
Price chart took him and…….





(shown red Line is new Short T/P from Supporting System)

Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 12, 2013 at 19:37
UPDATE

Lost about 10% today, bad thing BUT
all new Traders Listen:

these 4% within 2 Days - AWESOME!!!
Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 13, 2013 at 06:19
March, 13
Small Traders Dream Diary

Yesterday I had to set T/P to some trades of Supporting EA because System does not set them right / did not modify them.
I noticed that when the Gap EA trade was closed this stopped so I will have a close look to this today….
Yesterdays late 2nd Short has no S/L yet and Gap checked market so if this occours again I have to take
Out the Gap EA.
Next is to trade this account up and then take out $250 for an 2nd account running the Gap EA and the USIndex CFD, they work together fine.
This is because of one EA uses Magic Number, other not so running both at same account with same CFD
Is not usefull…..




Bilagor:

Geht Nich Gibt´s Nich
Medlem sedan Mar 03, 2013   321 inlägg
Mar 13, 2013 at 06:27

Oohps, here´s T/P....


Bilagor:

Geht Nich Gibt´s Nich
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