Hi J, I'll answer these one by one.... Kind Regards Steve

Steviet's Live Trades!

Thanks Jackie, Keeping an eye on your progress too - keep going! Steve

Steviet's Live Trades!

Hey Mike, You know you've been such an inspiration not only to me but to many others who trawl through FF I'll try not to disappoint Steve

Steviet's Live Trades!

Hey thanks Stew, I'll certainly try & keep the journal going whilst there is still interest Steve

Steviet's Live Trades!

Hi again Matt This is becoming a mutual admiration society haha but that's not a bad thing. Your PM was just the tonic I needed and has really made my weekend! The decision I've made has not been taken lightly as I've been with the same company ...

Steviet's Live Trades!

Absolutely right Tom - the reason I chose GBPJPY was for the volatility as it suits the way I trade. I don't see myself as anything special - I'm just disciplined enough to stick to what I believe in and generally speaking have been reasonably ...

Steviet's Live Trades!

Hi Tom, Yes I know - I've kept in touch with Kris and he's really enjoying what he's doing now. I've decided that the time is right to bite the bullet and go for it. Although trading will be by main source of income, I'm determined not to be staring ...

Steviet's Live Trades!

Thanks

Steviet's Live Trades!

Sorry — Hi Matt, Sorry for the length of time it has taken to respond to your post. A lot has been going on these past few weeks and I have finally taken the plunge and handed in my notice at work. From September I'll be trading 'full-time' ...

Steviet's Live Trades!

I'll be in touch Mitja Kind Regards Steve

Steviet's Live Trades!

Hi Jackie, OK, every 1000 pip stop loss equates to a loss of 6% equity if hit. This is calculated on the equity at th time the trade is opened. Steve

Steviet's Live Trades!

Hi Brent OK, since mid January I took my initial balance of just over $103,500 to just over $127,000 by end of May. Initially started at around $4.50 a pip and currently at $7 a pip. I've not had a great start to June but let's use those figures ...

Steviet's Live Trades!

Hi Jackie, I now use 6% of account balance for the 1000 pip stop loss. I wouldn't recommend it to start with until one is absolutely comfortable with it though. Since January I haven't had a stop loss hit, rather I close all open positions maybe ...

Steviet's Live Trades!

Thanks Matt — Thanks for that Matt What I still do is pretty much the same as it was then but if anyone needs anything clarifying, please ask. Kind Regards Steve

Steviet's Live Trades!

Leave it with me Walt, I'll see what I can do over the weekend. Just a word of warning - I'll outline my rules etc but a lot of what I do is discretionary and wouldn't be easy to just 'pick up and run with'. I've spent an awful lot of time studying ...

Steviet's Live Trades!

Hi, Thanks I started trading live with just $200 and after becoming comfortable added $2000 towards the end of 2007. I then jumped straight up to over $100,000 when my investor came along and seem to have made the transition OK. To start with I ...

Steviet's Live Trades!

Yes of course I do Fantastic! I've been taking a sneaky peek at your journal and I see things are going well Keep plugging away - you'll get bad days as well as good - we all do but the important thing is to stay focused and stick to ...

Steviet's Live Trades!

That's right Stew - that is each individual trade and I may have a few positions open at any one time. Since I've become more comfortable with my strategy I now use 6%, however I wouldn't recommend it until it almost becomes second nature. The stop ...

Steviet's Live Trades!

Hey there Pluto Thanks for popping in! I'm very well thanks - yourself? Me? modest? surely not hahahaha. Stopped the pip counting and just post the balance these days. After all, I can spend dollars much easier than pips hehe Kind Regards Steve ...

Steviet's Live Trades!

Sorry — Aplogies for not replying sooner. Firstly, welcome to Forex Factory Your question about risk per trade - yes where I mention 2%, that is 2% of the equity at the time the trade is taken. Hope this helps Steve

Steviet's Live Trades!