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My multi-currency trade journal

Note: Currently, due to limited internet network service, I won't be updating my trading results until either Sunday evening (August 10) or Monday (August 11). Ugh.... Dave

My multi-currency trade journal

Hi Prachait, please read my first post in this thread; it essentially describes my trading style with regards to the questions that you asked. In a nutshell, I trade all 7 majors and the 21 crosses. At any given time I have at least 28 positions ...

My multi-currency trade journal

Hi Prachait, The leverage is 50:1 Dave

My multi-currency trade journal

Update as of 9:00pm EST, 8/6/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, week 3 Account balance (7/20/14): $164.68 Account balance (8/6/14): $170.91 %gain = 3.8% Floating P/L = -$29.60 Net Asset Value = $141.31 % ...

My multi-currency trade journal

Update as of 10:00pm EST, 8/5/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, week 3 Account balance (7/20/14): $164.68 Account balance (8/5/14): $170.94 %gain = 3.8% Floating P/L = -$26.05 Net Asset Value = $144.89 % ...

My multi-currency trade journal

Update as of 8:30 pm EST, 8/4/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, Start of week 3 Account balance (7/20/14): $164.68 Account balance (8/4/14): $169.77 %gain = 3.1% Floating P/L = -$24.20 Net Asset Value = ...

My multi-currency trade journal

Hi Trev, You're right about Oanda FIFO; I get around it by using a slightly different lot size. I guess I read too deeply into Rap's question, thinking that Oanda might institute a strict FIFO policy where the oldest order is closed first regardless ...

My multi-currency trade journal

Hi Rap, If Oanda institutes a strict FIFO, I would need to adjust an aspect of my trading methodology, but I do have several alternative approaches that I could use to minimize its impact... Dave

My multi-currency trade journal

Update as of 5:00 pm EST, 8/1/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, End of week 2 Account balance (7/20/14): $164.68 Account balance (8/1/14): $169.82 %gain = 3.1% Floating P/L = -$24.66 Net Asset Value = ...

My multi-currency trade journal

Update as of 10:00 pm EST, 7/31/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, week 2 Account balance (7/20/14): $164.68 Account balance (7/31/14): $168.79 %gain = 2.5% Floating P/L = -$22.76 Net Asset Value = $146.03 ...

My multi-currency trade journal

Hi Trev, Yep, you're correct, but I chose available margin in order to decrease the likelihood that I would over-trade my account. The %Margin that I calculate overestimates my margin used (and underestimates my available margin), which keeps me ...

My multi-currency trade journal

Update as of 8:30 pm EST, 7/30/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, week 2 Account balance (7/20/14): $164.68 Account balance (7/29/14): $168.35 %gain = 2.23% Floating P/L = -$21.51 Net Asset Value = $146.85 ...

My multi-currency trade journal

Update as of 9:00 pm EST, 7/29/14 Current month start date: 7/21/14 Current month end date: 8/22/14 Month 3, week 2 Account balance (7/20/14): $164.68 Account balance (7/29/14): $167.16 %gain = 1.51% Floating P/L = -$24.20 Net Asset Value = $142.96 ...

My multi-currency trade journal

Update as of 9:00 pm EST, 7/28/14 Current month start date:7/21/14 Current month end date:8/22/14 Month 3, week 2 Account balance (7/20/14): $164.68 Account balance (7/25/14): $165.94 %gain = 0.77% Floating P/L = -$24.10 Net Asset Value = $141.84 % ...

My multi-currency trade journal

I'm pretty sure that there are traders who are successful using stop losses as there are traders who are successful that don't use stop losses. Why keep arguing "who" is the better trader? It's pointless. For a "successful" trading approach, what ...

Trading Without a StopLoss

Update as of 4:00 pm EST, 7/25/14 Current month start date:7/21/14 Current month end date:8/22/14 Month 3, End of week 1 Account balance (7/20/14): $164.68 Account balance (7/25/14): $166.00 %gain = 0.80% Floating P/L = -$24.36 Net Asset Value = ...

My multi-currency trade journal

Hi Sherpa, Thank you for the comment... looking forward to reading more about your trading style. Are you going to start a journal? Bilstein also promotes a no TP/SL trading approach; if you haven't already, I'd highly encourage you to read his ...

My multi-currency trade journal

Update as of 9:00 pm EST, 7/24/14 Current month start date:7/21/14 Current month end date:8/22/14 Month 3, week 1 Account balance (7/20/14): $164.68 Account balance (7/24/14): $165.46 %gain = 0.47% Floating P/L = -$24.51 Net Asset Value = $140.95 % ...

My multi-currency trade journal

Update as of 9:00 pm EST, 7/23/14 Current month start date:7/21/14 Current month end date:8/22/14 Month 3, week 1 Account balance (7/20/14): $164.68 Account balance (7/23/14): $165.08 %gain = 0.24% Floating P/L = -$24.43 Net Asset Value = $140.65 % ...

My multi-currency trade journal