Hi Mleslie, What ended badly buddy and what system is down the toilet?

The Workings of a Well Crafted Trading Plan on $205 Account

Hi Buddy, I would say you are right! You are following your system. A good thing I am well aware of the economic news that are coming later on. Glad you subscribed!!

The Workings of a Well Crafted Trading Plan on $205 Account

This is what I was talking about with regards to the Mt4 and fxTrade accounts

The Workings of a Well Crafted Trading Plan on $205 Account

Maybe I should be sharing the Rules for the strategy instead of just screenshots showing the entry, stop, Take profit levels. what do you all think?

The Workings of a Well Crafted Trading Plan on $205 Account

Hi guys, Decided to screenshot all the trades we will be taking per month starting with the one I took already 5th of July. Please not that Oanda fxTrade account cannot be linked with MT4 so i decided to use its version of mt4 hence it has a ...

The Workings of a Well Crafted Trading Plan on $205 Account

Hi guys, Just to clarify one thing about the above post. Our objective is to reach 21.1% return per month by only allowing 10.8% maximum of drawdown per month. If you calculate the risk % we must take per day it will be way above our 0.240% for us ...

The Workings of a Well Crafted Trading Plan on $205 Account

Hi guys, I have tried to come up with trading projections for the next coming 12 months to show how the account should progress given that God is with us

The Workings of a Well Crafted Trading Plan on $205 Account

Hi Traders these are the Trading objectives for the account and I have uploaded the excel picture for it as well. Foreign Exchange Trading Objectives: a) 21.6% of Return per month - 25% max For Short Term Trend b) 10.8% Max Drawdown of Less than 50% ...

The Workings of a Well Crafted Trading Plan on $205 Account

The strategy is still profitable buddy.

Jay's Candle Sticker System

Thank you mate! Yes, it eventually boils down to you to decide which pairs. I would say kick it off with a major pair and minor pair. I too yet to tone it down to just 2 pairs for all my systems. It just keeps it easy for us newbies and once we are ...

(binned per thread starter's request) Turning $40 dollars into $1

We wait for the end of day and check if its candle closed below the bearish stop loss which in this case it did do just that as you mentioned but the market must do this twice. Meaning we wait for the next end of day to close below the previous new ...

Jay's Candle Sticker System

Using high Leverage yes has its obvious benefits yet the fact is the money used to open the positions wasn't yours. For me it only means your account would not survive the unavoidable random distribution of losses no matter how good your system is. ...

(binned per thread starter's request) Turning $40 dollars into $1

Well said! I would even suggest sticking to a maximum of 2 instruments for such a tiny account.

(binned per thread starter's request) Turning $40 dollars into $1

Enjoy too jay. Sunday it is then.

Jay's Candle Sticker System

The 0.8738 level is the close of daily candle of the 15th june, basically the doji candle which completes the pattern and the pattern got confirmed on the 18th of june and its close became our recommended Buy at 0.8773 level. Jay am I correct or ...

Jay's Candle Sticker System

We are right there with you buddy. i must say this is a stress free system. Glad you shared. Straight forward approach and simple rules.

Jay's Candle Sticker System

Hi Jay, The system looks good thus far to me and very promising. I'm definitely giving it an honest shot however, with 0.02/0.01/0.01 lots.

Jay's Candle Sticker System