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*Official* Forex Trading thread. (DYODD advised) - Part 2

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Old 23-09-2017, 03:44 PM   #61
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This week managed to hit my target for Forex scalping total :S$1118, next week may not hit as I am thinking to clear my stuck NU short (-140 pips) by next week. long UJ still holding to let profit run (ps -50pips, philips +190 pips)

Index around S$1.2k
still holding long 1xSimsci and 2xTwi index
Whelp part2 Liao
Unker awful Moi idol !
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Old 23-09-2017, 03:53 PM   #62
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Result for week 18-22 Sep 2017:
+ USD $24.99
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Old 23-09-2017, 05:06 PM   #63
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NZD/USD

next week may not hit as I am thinking to clear my stuck NU short (-140 pips) by next week.
No stop loss? Either you are US$140 or US$1400 down. I am -88 pips (-US$880) down.

Alamak, I got position, danger leh
Does not affect me whether gap up or down as either I take some profit or continue to hold it out if still stucked.
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Old 23-09-2017, 05:11 PM   #64
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Result for week 18-22 Sep 2017:
+ USD $24.99
What is your working capital?
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Old 23-09-2017, 05:32 PM   #65
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No stop loss? Either you are US$140 or US$1400 down. I am -88 pips (-US$880) down.



Does not affect me whether gap up or down as either I take some profit or continue to hold it out if still stucked.
I can't play no SL, so is like do or die for my position, never mind after ths I just stick to scalping .
News just said NK got 3.4 degree earth quake, siao liao

http://www.dailystar.co.uk/news/world-news/647090/north-korea-earthquake-nuclear-explosion-magnitude-kim-jong-un

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Old 23-09-2017, 05:55 PM   #66
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What is your working capital?
Currently account size is USD $1347, started the week with $1322.
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Old 23-09-2017, 06:26 PM   #67
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Currently account size is USD $1347, started the week with $1322.
ROI 1.89% for your weekly gains. Very far from your monthly target of 69% ROI.
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Old 23-09-2017, 06:27 PM   #68
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I can't play no SL, so is like do or die for my position, never mind after ths I just stick to scalping .
News just said NK got 3.4 degree earth quake, siao liao

http://www.dailystar.co.uk/news/worl...de-kim-jong-un
Tiagong from South Korea that it is a natural earthquake.
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Old 23-09-2017, 06:33 PM   #69
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Tiagong from South Korea that it is a natural earthquake.
Hope so haha
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Old 23-09-2017, 07:38 PM   #70
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ROI 1.89% for your weekly gains. Very far from your monthly target of 69% ROI.
This is not the account I am using for the crazy trading.
I started one $500 crazy account for that purpose on 1st Sep 2017. First report will be out on 1st Oct 2017.
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Old 23-09-2017, 08:25 PM   #71
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This is not the account I am using for the crazy trading.
I started one $500 crazy account for that purpose on 1st Sep 2017. First report will be out on 1st Oct 2017.
How do you categorise an account with NO STOP LOSS such as mine? Is it more crazy than your $500 crazy account? Haha.
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Old 23-09-2017, 09:13 PM   #72
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How do you categorise an account with NO STOP LOSS such as mine? Is it more crazy than your $500 crazy account? Haha.
Quite true , wonder what can be more crazy then no stop loss
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Old 23-09-2017, 09:42 PM   #73
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Quite true , wonder what can be more crazy then no stop loss
All in every time with no stop loss?
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Old 23-09-2017, 09:43 PM   #74
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For a no stop loss strategy, we will be limited to the lot size we can open every time we trade. This is because we need to determine what kind of drawdown pips we would like to be able to take. This will likely result in smaller lots being traded to cater to potential drawdown. We can take profit when we are happy with good trades, and when in drawdown, we will wait for it to recover and not take a real lost, paper loss. If it recover, and trade with small lots, then account is safe. If cannot recover, will need to continue to trade to par down the drawdown and square off the losing position.

Trading with Risk % per trade and SL value, a trader can then determine a lots size according to the 2 variables. So in each and every trade, we can know the max lost % and max profit %. Every trade is a known outcome, be it a loser or a winner, we know the limits both ends. After every trade, we can then compound up or down, depending the outcome of previous trade.

My 2 cents worth.....
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Old 23-09-2017, 10:04 PM   #75
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Tiagong from South Korea that it is a natural earthquake.
Iran also test missile, siao liao, my UJ long DCS liao
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