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

[lovesleeping1981]

I am planning to journal the "Crazy" trading here, if all do not mind.
And instead of doing it over 24 months, I am trying to do it in 12 months (crazy).

Cheers.
** please read the "years" as "months". Total 12 periods.
** target end results: USD $271k
** fellow traders are welcome to join in this crazy challenge. Please start with small capital.

You're going to achieve it through scalping? Or what? I like to achieve 100% return monthly. But use what method to play forex to achieve such returns? All in each time?

 

[Perisher]

I am planning to journal the "Crazy" trading here, if all do not mind.
And instead of doing it over 24 months, I am trying to do it in 12 months (crazy).
In absolute figure, it will translate to a 69% per month.
Some rules:
1) initial capital of USD $500.
2) if initial capital drop below USD $500, I will need to top it up to original USD $500. This is to keep the capital healthy to kick start the compounding effects.
3) as with 2, my total capital may be more than USD $500, but I do not see it will exceed more than USD $1,000 I hope.
4) I will report the account value, and the compounded % at end of month. This first report will be out on 1st Oct 2017.

Any constructive feedback will be welcome.

Cheers.
** please read the "years" as "months". Total 12 periods.
** target end results: USD $271k
** fellow traders are welcome to join in this crazy challenge. Please start with small capital.

You might wanna start your own thread if you wish to 'journal' it. But up2u.

 

[Mr.Canberra]

Wow indeed 'crazy' trading mission by Mr. LucentFX but I wish him all the best.

One thing to take note is once you start to pressure yourself to perform in order to achieve an overly ambitious objective then that is where things may not turn out the way you envision. You may resort to take unwarranted risks.

You're going to achieve it through scalping? Or what? I like to achieve 100% return monthly. But use what method to play forex to achieve such returns? All in each time?

I have a feeling he is using the 'doubling down' stakes strategy which is popular in card and table games.

You might wanna start your own thread if you wish to 'journal' it. But up2u.

I do not mind Mr. LucentFX posting his trading 'journal' here. It is a good thing that there are more participants on this thread.

 

[Mr.Canberra]

Yesterday at least have US$27.50 KFC profit. Today zero!

 

[ctstalin]

+1 and bookmarked for part 2

 

[xersion]

me too, I start to have weekend blue liao, what to do in weekend ? cant click ?

Tiagong can trade Bitcoin in weekends

Sent from OPPO X9079 using GAGT

 

[awful999]

Tiagong can trade Bitcoin in weekends

Sent from OPPO X9079 using GAGT

but our PS cannot leh

 

[awful999]

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

 

[LucentFX]

I will be posting the results on a monthly basis, with P/L and % figures, starting a thread to journal single entry a month is not efficient. Hope to just post the single entry here.

We trade in this manner:
1) selected fx pairs and gold.
2) all positions will be entered immediately with a TP and SL values.
3) average trade holding period no longer than 4 hours. This is to minimized exposure to the market.
4) no martingale, it's a killer.
5 no carrying trades over the weekend. In fact all trades to close within the day, unless they are triggered near end US session and carried over the next day.
6)TP % per trade range from 3% to 8%, SL % per trade range from 2% to 6%, depending on the pairs traded.

Cheers!

 

[xersion]

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

Jskm

Sent from OPPO X9079 using GAGT

 

[lovesleeping1981]

早上好! Awful 999.
可有你的外汇交易历史截图为证吗？

Damn creative of you to think of so many new names. I had a hard time thinking of one.

 

[lovesleeping1981]

Oh really????? Based your historical posting in hwz? Don't think so.
But,
Haaaaa ...
Wrong..........
Mentality!

I

Your Seng Siong typing habits ........... coming out again...... more good years ahead.........

 

[Mr.Canberra]

Trading Performance 2017

Profit/Loss (Realised)
30/06/16 - 30/06/17: [2016 ROI 27.61%: S$4003.67]
31/07/17: S$1264.09
31/08/17: S$5806.60
22/09/17: S$3519.05

September average takings hit if compared with the past few months. 5 more trading days to go.

 

[lovesleeping1981]

September average takings hit if compared with the past few months. 5 more trading days to go.

Jin power Mr Canberra. Speechless. Consistent earnings for past few months.

 

[Mr.Canberra]

Jin power Mr Canberra. Speechless. Consistent earnings for past few months.

Thanks for the encouragement.

My goal is to earn consistent KFC/Din Tai Fung profits daily. No pressure will enable me to trade more successfully. Can stay more focused this way.

The most rewarding trades will happen when you least expect it.

 

[awful999]

September average takings hit if compared with the past few months. 5 more trading days to go.

Power, 5 days can make a lot different , huat ar

 

[Mr.Canberra]

Power, 5 days can make a lot different, huat ar

As long as never tio stucked!

 

[awful999]

As long as never tio stucked!

Ya, tio stucked most sian can't move

 

[Mr.Canberra]

New Zealand Votes in Cliffhanger Election With Kingmaker in Play

https://www.bloomberg.com/news/arti...n-cliffhanger-election-with-kingmaker-in-play

NZD/USD sure gap up or down come Monday's opening at 5:00am.

 

[awful999]

NZD/USD sure gap up or down come Monday's opening at 5:00am.

Alamak, I got position, danger leh