Short eur/usd open:1.4523 stpoloss: 1.4550 target: 1.4469 stoploss: 27 pips target: 54 pips risk:10% reason to trade: it is touching ressistance and bouncing image image

The Journal of a rich trader

Update Today i did not open any trades, i have now $1,339 so i still have to make $1,661 to get my goal... i have 12 trading days left to get my goal. i dont have yet a system to use, so i need to find my system asap so i can get my goal. since i ...

The Journal of a rich trader

right, the first method was that simple, the new method has a lot of indicators, so i will not use the new system and i will keep it as simple as posible

The Journal of a rich trader

Update I lost an entry point because i was not watching the charts, i would have made 100 dollars in 30 minutes. Notes to learn: I got away from my pc just 5 minutes, and i missed the entry point i could have set a pending order and i would have ...

The Journal of a rich trader

CLOSED BY STOPLOSS image RESULT= -3pips % LOST= 0.66% TOTAL ACCOUNT = $1,339.86 Notes to learn: in this trade i used a new system, so i didt understand well how to use it, so in the end i lost 9 dollars, you can see here i moved my stoploss to ...

The Journal of a rich trader

right, if it is gambling the way to win, i wil get rich gambling... i will try all the things i can til i find the profitable way that works for me....

The Journal of a rich trader

the rules changes, the market changes...

The Journal of a rich trader

I have a sell signal by my new system. Short USD/JPY open:92.29 stpoloss: 92.77 target: 91.33

The Journal of a rich trader

Update Today i was reading the manual of a strategy, and watching how some patterns work, so far today i have not opened a position, i think today i wont open a new position.

The Journal of a rich trader

yes, i think too that 4h charts may be to slow to grow the account, because you can get 2 to 5 trades a month, and that would need a big risk to get the same goals as a day trading system. thanks for the advice of eohaters thread, i will check it..

The Journal of a rich trader

Thank you very much for your advice, i appreciate it so much, i will try to stick to one system, this weekend i will learn a system called 5emas forex system, i hope i understand it and trade it. I have traded lmt forex formula, but it was too slow ...

The Journal of a rich trader

RESULTS OF THE WEEK #1. Total trades: 2 Total loses: 1 Total wins: 1 Total % grown: 34.89% TOTAL ACCOUNT = $1,348.99

The Journal of a rich trader

CLOSED BY TARGET image RESULT= +54pips % PROFIT= 42% TOTAL ACCOUNT = $1,348.99 Notes to learn: as i said, this position was almost ramdom in its direction, but not in its money management, i saw the 15min chart, and i tried to feel the direction ...

The Journal of a rich trader

Update A friend gave me a system called 5emas forex system, i will dedicate this weekend to learn how it works, and maybe start to trade it on sunday evening, so far i have used 3 diferent systems, lmt forex formula worked well but the trades lasted ...

The Journal of a rich trader

Open trade — LONG eur/usd open:1.4380 stpoloss: 1.4353 target: 1.4434 Reason to trade: I see the 15min chart for 3 seconds , i see it is going up

The Journal of a rich trader

CLOSED BY STOPLOSS image RESULT= -27 pips % LOST= 5% TOTAL ACCOUNT = $949.99 Notes to learn: One of my most stupid mistake was to open the trade before the candle closed, just after i opened the trade the price did go up and then the candle closed ...

The Journal of a rich trader

Short eur/usd open:1.4289 stpoloss: 1.4316 target: 1.4235

The Journal of a rich trader

Thats exactly what i will do... i will trade demo first, then i will trade live with my broker that allows positions of $1.

The Journal of a rich trader

i will calculate my 5% for every trade, just 1 trade at a time. This is going to be amazing, if i win today i win $100, if i lose i lose $50. (virtual for now)

The Journal of a rich trader

2 (stoploss) = 2 times stoploss

The Journal of a rich trader