Hi S It will take a while to get used to the method and you are profitable so far. There are a couple of things that concern me however & please take this as constructive. Firstly, you say you have 14 positions open at the moment - as you know I ...

Steviet's Live Trades!

LOL Aaron, A few people guessed it was me but the brains behind it is my friend Kris (turbokaos) who set it all up for me. I just place the trades. Happy New Year

Steviet's Live Trades!

For the last 6 weeks or so, I've been replicating my own live trades as close as possible on this site. In other words, I open a position on my live account and then open another through the signal site. Normally the prices are within a few pips for ...

Steviet's Live Trades!

I nearly didn't see your 'j/k' lol Seriously though, I have people trading this live with $1k in their account It breaks my heart to see, despite the fact I make it clear on the site I still feel responsible. To be honest, I don't know ...

Steviet's Live Trades!

Happy New Year to you too I did manage to pick up 494 pips today for my 'signal' account which has cleared out all my shorts. I have a total of 5 long positions still on this account so despite being out of the market on my live account today, ...

Steviet's Live Trades!

Unfortunately, the broker I use for my account was closed today. Have 3 shorts open from the high 222's that were opened late November. Hopefully we'll open on 2nd January somewhere in the 221's and I can close those at last. Also have two longs, ...

Steviet's Live Trades!

Good question! When I first started trading live, my initial method was based on moving stop losses at the end of each day and locking in profits. This was all well and good when the market went my way for a few days. Of course the main issue with ...

Steviet's Live Trades!

A summary — OK, I'll try and sum up how I trade GBPJPY and the rules I apply.... Firstly the rules... 1. I will hold a maximum of 10 positions at any one time. 2. Each position has a t/p of 50 pips and a s/l of 1000 pips. 3. Position size is ...

Steviet's Live Trades!

Cheers Mike Have a great New Year yourself

Steviet's Live Trades!

Complete December Totals — OK, my broker is now closed until the New Year, so final December totals are in... Dec 24th - 1 closed trade, 16 pips Dec 25th - 0 closed trades, 0 pips Dec 27th - 1 closed trade, 50 pips Dec 28th - 6 closed trades, ...

Steviet's Live Trades!

Hehe, I knew you peeps would get there in the end whilst I was away Thanks S & Rick (good to see you back btw ) Steve

Steviet's Live Trades!

Same to you George I'll be back in a day or two to answer any questions - I'm 40 today & just kinda getting used to it & drowning my sorrows hehe Kind Regards Steve

Steviet's Live Trades!

Hi S, When I was using 1% per trade, exposure for the 1000 pip s/l was 10% of account balance, not 2%. Steve

Steviet's Live Trades!

By coincidence, I actually finished October and started November with all positions cleared & therefore no drawdown at that point. The end of November I'd banked a further 7585 pips but was carrying a drawdown of 2712 (although all but one trade ...

Steviet's Live Trades!

Cheers Scott - apparently my life begins at 40 Oops - better not hijack this thread lol. Happy Christmas to you & yours Scott

The Holy Grail - Found

LOL Norm - I think we're all guilty of not so perfect entries from time to time! OK, basically it's a money management thing. During September and October when I was playing around with this I was using 1% per trade. This was all well and good and ...

Steviet's Live Trades!

Have a great Christmas Mike - if you look in my profile you'll see why I may be laying low on the 25th hehe. Kind Regards Steve

The Holy Grail - Found

LOL, it can be difficult - this month was the first time I had all 10 open and basically had to wait for a week until I was back in.

Steviet's Live Trades!

Looking good Do you have a limit to the number of positions open at any one time? As you know, my limit is 10 and I just trade GJ Steve

Steviet's Live Trades!

Drawdowns have been my worst during mid December when I had all 10 positions open and therefore unable to open any more until 1 or more hit t/p (or s/l). They peaked at 10% and are currently at 2.8% at the moment. Steve

Steviet's Live Trades!