Swinging Trades
Real-Life-Trading
Dear Forex-Trader!
"All financial markets are measurable by time, price & volume. This multidimensional approach to interpreting marketgenerated information enables you to differentiate between prices, because all prices are not equal. By extension, all opportunities are not equal, which is key in managing the probabilities of risk. (James F. Dalton, Robert Bevan Dalton, Eric T. Jones, Markets in Profile. Profiting from the Auction Process. Wiley, 2007).
If you are a successful real account trader (no Demo) feel free to post your real trading swinging orders (entry, exit, account- & lot size) - but not in the hindsight.
I wish all of you green pips!
FXcube
Corpus Rationale
I have been into forex trading for over 15 years, and I share the experience that I have and the knowledge that I’ve accumulated.
Psychological momentum
As investors, we all have shortcomings - as we came to see it, the key is to accept who we are, trying to understand our differences and limitations and figure out ways to work around them.
Real Account, Leverage 1:50
Deposit: 1'000.- $ , Opening Day: 2014 October 19, Target: +5% till +10% per month.
Swinging Trades - 1K-Account
Profit History:
1'000.- $ Real-Account, Opening Day: 2014 October 19
2014 December 02, Equity: +1'300.-$, Profit: +300.-$, (+30.0%), p.21, #21
2014 November 21, Equity: +1'288.-$, Profit: +288.-$, (+28.8%), p.12, #240
2014 November 09, Equity: +1'126.-$, Profit: +126.-$, (+12.6%), p.7, #128
---
2014 November 09, Changing the Real Account 850.-$, p.7, #128, (see also #129, please) in a 1'000.-$-Real-Account
850.- $ Real-Account, Opening Day: 2014 October 15
2014 November 06, Equity: +1'147$, Profit: +297.-$, (+35 %), p.6, #112
2014 October 30, Equity: +1'087$, Profit: +237.-$, (+27.8%), p.3, #53
2014 October 22, Equity: +1'000.-$, Profit: +150.-$, (+18.75%), p.2, #28
End: 2014 November 09
General Remark
Swing trading is mainly used by at-home and day traders. Serious trading or investing is searching for assets on the move, focusing on chart patterns comprised of indicators from price changes, volume changes and volatility changes. Decisions should be based on research and validation.
Note
Why I DON'T NEED a reward risk ratio of 3 to 1 as a swing trader.
One most important thing to say: I don't trade with legends like "reward to risk-concepts" 2:1 or 3:1.
The reward to risk concept is rank nonsense IMO!
The first simple anti-argument is that you can't calculate your risk/return in advance
and the second criterion is that the basis of this calculation seems absolutely false.
(See more e.g. p.18, #343, #359, please).
Also:
You can manage risk but not return.
Peter Bernstein
Forex Articles
Swing Trading, p1, #4;
Currency Pairs Correlation in Forex Market: Cross Currency Pairs, p.7, #133; Using Currency Correlations To Your Advantage, p7, #136;
Current interest rates and exchange rates, p.10, #184;
Forex Is Not a Random Walk, p.12, #224;
Two Most Dangerous Mistakes Made by Forex Noobs, p.12, #225;
Links
http://www.actionforex.com/markets/p...2010040846445/
http://www.babypips.com/school
http://www.babypips.com/tools/forex-...ositionsize.ph
http://fxtrade.oanda.com/analysis/interest-calculator
http://www.investing.com/currencies/eur-usd-technical
http://www.investopedia.com/
http://www.marketwatch.com/investing
http://www.snb.ch/en/iabout/stat/sta...exchange_rates
http://www.zerohedge.com/
http://www.zinsen-berechnen.de/zinseszinstabelle.php
Book-Tips
p.10, #190; p.13, #247 - #250; p.15, #293; p.17, #321-#324 & #326 - #330;
Youtube.com
The Psychology of Human Misjudgement - Charlie Munger Full Speech, p.16, #308;
& "mungerspeech_june_95.pdf" (Speech at Harvard University, Estimated date: June, 1995, Transcription, comments [in brackets] and minor editing by Whitney Tilson), p.19, #318;
Warren Buffett, And Charlie Munger Talk On "investing Filters", p.16, #311;
How To Build Wealth like Warren Buffett - Concepts & Key Principles, p.16, #312;
Forex Trading Why you DON'T NEED a reward risk ratio of 3 to 1, p.16, #314;
The 48 Laws of Power and Becoming a "Master," with Author Robert Greene, p.17, #329;
Value Investing Conference 2008 #1, p.17, #333;
William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour, p.17, #334;
How to start investing while in college, p.17, #335;
How to invest your money for quick return, p.17, #336;
Investment Basics: How To Start Investing With Little Or No Cash, p.17, #337;
How To Invest Your Money Like The Rich Do, p.17, #338;
WHY the Rich get Richer, p.17, #339;
2015 January 01
It's time to say Good-Bye!
Enough has been said!
I wish you Success & Happiness!
FXcube
Real-Life-Trading
Dear Forex-Trader!
"All financial markets are measurable by time, price & volume. This multidimensional approach to interpreting marketgenerated information enables you to differentiate between prices, because all prices are not equal. By extension, all opportunities are not equal, which is key in managing the probabilities of risk. (James F. Dalton, Robert Bevan Dalton, Eric T. Jones, Markets in Profile. Profiting from the Auction Process. Wiley, 2007).
If you are a successful real account trader (no Demo) feel free to post your real trading swinging orders (entry, exit, account- & lot size) - but not in the hindsight.
I wish all of you green pips!
FXcube
Corpus Rationale
I have been into forex trading for over 15 years, and I share the experience that I have and the knowledge that I’ve accumulated.
Psychological momentum
As investors, we all have shortcomings - as we came to see it, the key is to accept who we are, trying to understand our differences and limitations and figure out ways to work around them.
Real Account, Leverage 1:50
Deposit: 1'000.- $ , Opening Day: 2014 October 19, Target: +5% till +10% per month.
Swinging Trades - 1K-Account
Profit History:
1'000.- $ Real-Account, Opening Day: 2014 October 19
2014 December 02, Equity: +1'300.-$, Profit: +300.-$, (+30.0%), p.21, #21
2014 November 21, Equity: +1'288.-$, Profit: +288.-$, (+28.8%), p.12, #240
2014 November 09, Equity: +1'126.-$, Profit: +126.-$, (+12.6%), p.7, #128
---
2014 November 09, Changing the Real Account 850.-$, p.7, #128, (see also #129, please) in a 1'000.-$-Real-Account
850.- $ Real-Account, Opening Day: 2014 October 15
2014 November 06, Equity: +1'147$, Profit: +297.-$, (+35 %), p.6, #112
2014 October 30, Equity: +1'087$, Profit: +237.-$, (+27.8%), p.3, #53
2014 October 22, Equity: +1'000.-$, Profit: +150.-$, (+18.75%), p.2, #28
End: 2014 November 09
General Remark
Swing trading is mainly used by at-home and day traders. Serious trading or investing is searching for assets on the move, focusing on chart patterns comprised of indicators from price changes, volume changes and volatility changes. Decisions should be based on research and validation.
Note
Why I DON'T NEED a reward risk ratio of 3 to 1 as a swing trader.
One most important thing to say: I don't trade with legends like "reward to risk-concepts" 2:1 or 3:1.
The reward to risk concept is rank nonsense IMO!
The first simple anti-argument is that you can't calculate your risk/return in advance
and the second criterion is that the basis of this calculation seems absolutely false.
(See more e.g. p.18, #343, #359, please).
Also:
You can manage risk but not return.
Peter Bernstein
Forex Articles
Swing Trading, p1, #4;
Currency Pairs Correlation in Forex Market: Cross Currency Pairs, p.7, #133; Using Currency Correlations To Your Advantage, p7, #136;
Current interest rates and exchange rates, p.10, #184;
Forex Is Not a Random Walk, p.12, #224;
Two Most Dangerous Mistakes Made by Forex Noobs, p.12, #225;
Links
http://www.actionforex.com/markets/p...2010040846445/
http://www.babypips.com/school
http://www.babypips.com/tools/forex-...ositionsize.ph
http://fxtrade.oanda.com/analysis/interest-calculator
http://www.investing.com/currencies/eur-usd-technical
http://www.investopedia.com/
http://www.marketwatch.com/investing
http://www.snb.ch/en/iabout/stat/sta...exchange_rates
http://www.zerohedge.com/
http://www.zinsen-berechnen.de/zinseszinstabelle.php
Book-Tips
p.10, #190; p.13, #247 - #250; p.15, #293; p.17, #321-#324 & #326 - #330;
Youtube.com
The Psychology of Human Misjudgement - Charlie Munger Full Speech, p.16, #308;
& "mungerspeech_june_95.pdf" (Speech at Harvard University, Estimated date: June, 1995, Transcription, comments [in brackets] and minor editing by Whitney Tilson), p.19, #318;
Warren Buffett, And Charlie Munger Talk On "investing Filters", p.16, #311;
How To Build Wealth like Warren Buffett - Concepts & Key Principles, p.16, #312;
Forex Trading Why you DON'T NEED a reward risk ratio of 3 to 1, p.16, #314;
The 48 Laws of Power and Becoming a "Master," with Author Robert Greene, p.17, #329;
Value Investing Conference 2008 #1, p.17, #333;
William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour, p.17, #334;
How to start investing while in college, p.17, #335;
How to invest your money for quick return, p.17, #336;
Investment Basics: How To Start Investing With Little Or No Cash, p.17, #337;
How To Invest Your Money Like The Rich Do, p.17, #338;
WHY the Rich get Richer, p.17, #339;
2015 January 01
It's time to say Good-Bye!
Enough has been said!
I wish you Success & Happiness!
FXcube
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