Update as of 8:00 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/12/14): $117.26 %gain = 12.1% Floating P/L = -$12.76 Net Asset Value = $104.50 % Floating DD = 10.9% Positions open: 28 Average No. units per position = 45 Margin ...

My multi-currency trade journal

Update as of 9:50 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/11/14): $115.38 %gain = 10.3% Floating P/L = -$13.15 Net Asset Value = $102.23 % Floating DD = 11.4% Positions open: 28 Average No. units per position = 42 Margin ...

My multi-currency trade journal

Hi Rap, My trading method is greatly influenced by Bilstein's "inventory management" approach, that he described in the "Hedging vs. stop loss" thread. Reading his posts, and posts by Nanningbob and yourself, is when I had my "ah ha" experience. ...

My multi-currency trade journal

Update as of 8:00 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/10/14): $113.05 %gain = 8.1% Floating P/L = -$10.25 Net Asset Value = $102.80 % Floating DD = 9.1% Positions open: 28 No. units per pair = 40 Margin used = $28.41 ...

My multi-currency trade journal

Update as of 8:00 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/9/14): $112.05 %gain = 7.1% Floating P/L = -$6.80 Net Asset Value = $105.25 % Floating DD = 6.1% Positions open: 27 No. units per pair = 40 Margin used = $26.74 ...

My multi-currency trade journal

Thanks waktong, I look forward to reading your journal as well.... Dave

My multi-currency trade journal

Update as of 4:00 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/6/14): $112.01 %gain = 7.1% Floating P/L = -$5.66 Net Asset Value = $105.85 % Floating DD = 5.1% Positions open: 27 No. units per pair = 40 Margin used = $26.76 ...

My multi-currency trade journal

Rap, The nice aspect about this trading approach, as "boring" as it is, is that during wild volatile days I'm no longer sitting on pins & needles due to wild swings in my equity (when I was a large lot single position trader). In fact, now I relish ...

My multi-currency trade journal

Update as of 8:00 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/5/14): $112.01 %gain = 7.1% Floating P/L = -$6.15 Net Asset Value = $105.85 % Floating DD = 5.5% Positions open: 27 No. units per pair = 40 Margin used = $26.77 ...

My multi-currency trade journal

Update as of 8:00 pm EST.... Account balance (5/21/14): $104.59 Account balance (6/4/14): $110.93 %gain = 6.1% Floating P/L = -$5.96 Net Asset Value = $104.96 % Floating DD = 5.4% Positions open: 27 No. units per pair = 40 Margin used = $27.01 ...

My multi-currency trade journal

Thanks Rap... I look forward to your insights! Dave BTW, I look like this....

My multi-currency trade journal

Update as of 8:00 pm EST.... NOTE: will include %gain (account balance) from start of the monthly period; current month started on May 21 (please see post 1) Account balance (5/21/14): $104.59 Account balance (6/3/14): $109.80 %gain = 5.0% Floating ...

My multi-currency trade journal

Hi fx902, Everybody is entitled to their own opinion. This is not a "gambler account"; I don't need to defend my strategy as my extensive back testing is proof enough for me. Dave

My multi-currency trade journal

Update as of 8:00 pm EST.... Account balance: $108.67 Positions open: 28 No. units per pair = 40 Floating P/L = -$5.14 Net Asset Value = $103.52 % Floating DD = 5% Margin used = $27.56 Margin Available = $76.06 % Margin = 36% RISK = ~$2.00 per 500 ...

My multi-currency trade journal

Yes, fx902, the negative positions will be floating.. these trades will be closed when the net balance of the entire portfolio of positions (both positive and negative) hits +1% of my account balance. As an aside, I'm not an adrenalin-dope head, ...

My multi-currency trade journal

Thank you for your comments fx902... I'm no financial genius, lol... and by no means is this the "holy grail", but the results of my back testing (over a seven year period) has given me the confidence to trade this approach on a "live" account. Dave

My multi-currency trade journal

Thanks for your comments srt... The reason for my closing the profitable positions (once my 1% gain is achieved) and then immediately reopening the same positions is to increase my balance, which then allows me to increase the number of units I can ...

My multi-currency trade journal

From Lenoxer: You're never going to find the best exact settings for this indi---or any other for that matter---since the market is too dynamic for exacting optimization, which is generally what you all are searching for, it seems, unless I'm ...

Trading system using relative strength

bad, very bad... — ok, I'll throw mine in... was trading the Euro/yen...had brought my measly $300 account to just under $1800 USD in 6 days of highly-overleveraged, max position size trading, gunning for small pips. I just closed out a ...

Fugly Trades