£20 to £8,000

[JDTRADER]

Going to watch the Open for Sydney before I pop off to bed.

Not trading Monday but I'll do a session for Tuesday UK open.

Testing a Demo on http://www.hotforex.com/ this week. STP/ECN and No Commissions ! Is it for real ?

Will be starting a new LONG TERM Journal in April 2011. I will be trading a Demo platform to triple account then go fully live. I will be trading everyday from 0700-1200 GMT.

Good Trading

 

[JDTRADER]

£16.47

Now off to bed

 

[JDTRADER]

Mon 07/03/11

Came home early so hit the Trading Platforms

Caught small moves on USD/JPY & EUR/USD but I have missed the bigger moves while doing other things

£17.36

Testing demo on http://www.hotforex.com/ and I must say impressed so far but early days. Live Chat really fast and helpful but slow to reply to emails, well no reply as yet

 

[Chartsy]

what is your method?

 

[JDTRADER]

what is your method?

Technical mainly with an eye on the news

Charts: Before trading set out S&R.
Indicators, I use ADX,RSI,MACD,50EMA,200EMA

Optimal Trade Entry Condition: 2-4 lots with 20-30 pip SL with 50-100 TP. When trade goes green try to never red. Depending how position is running take lots off as and when but try to always leave 1 lot running.

Trading is not always under optimal conditions lol so I will scalp a profit if need be.

Just this last week getting back into trading so rocky start but getting my flow back on the LIVE account only a very low balance so just one lot per trade not my normal trading style thats why I'm running Demo to

 

[JDTRADER]

I do it every night; delete the lines if necessary and plonk new ones down to decide what bias to take the next day. I only work with dailies.

Just updated charts for trading the UK morning session.

Up at 6am

 

[JDTRADER]

Tue 08/03/11

Completed my search and testing of MT4 Platforms and the winner is:

http://www.smartlivemarkets.com/Index.aspx

In April I will start trading Part Time, first I will trade the Demo only over April then in May move onto the LIVE platform will a real account balance where I can trade my normal style.
Well as long as I make profits in the Demo.

You can see my HotForex v SLM post here:
http://www.trade2win.com/boards/spread-betting/93212-smart-live-markets-spread-bet-mt4-174.html

Stopped trading the Demo on HotForex now but will leave the link up till April.

HotForex:
Started: 06/03/11 23:18hrs
Closed all trades: 08/03/11 11:01hrs
Starting Balance $10,000
Closing Balance $12,308.90
+$2,308.90 (+23.1%)
46 trades. +38 -8

 

[JDTRADER]

Not traded today on the SLM Demo

SLM Live
Trading one lot per trade is not suiting my style, locked into a trade and took a hit today. See MyFXbook

 

[JDTRADER]

Today has been a mission trading 4 platforms and three at once.

Profit over $3k (All Demo)

Got my mind set now to use SLM now.

SLM Live still struggling with this account but got a Short Open on USD/JPY

 

[JDTRADER]

April 2011 Kick Off !

http://www.trade2win.com/boards/trading-journals/119886-part-time-full-time-trader.html#post1456906

 

[JDTRADER]

No trading Wednesday

Gotta do the day job, safe trading and I'll pop in sometime on Thursday

 

[JDTRADER]

Thu 09/03/11

No trading Wednesday

Well had a change of plan so popped in as I'm on the night shift tonight

Scalped a bit on the Demo and I'm strong enough now that I can cut when I'm wrong :smart:

LIVE: I'm sure in my mind the USD/JPY could hit new lows so gave this space to run. Plus not able to trade my normal stlye on this balance.

Will be adding Funds from April. See http://www.trade2win.com/boards/trading-journals/119886-part-time-full-time-trader.html

 

[JDTRADER]

Didn't make it back to the night shift (Lazy ass)

Up for the Day Shift 4am !

 

[JDTRADER]

Fri 10/03/11

Live Acc USD/JPY is still running in the negative :-0

Demo Acc tried some new ideas and was trading aggressively which had not worked out but that is what Demo is for to try ideas. -£700 :-0

Getting ready for April you will see new account link below. The current live account will be left to run until March 31st 2011 then closed out.

April will be trading Part Time :smart:

 

[JDTRADER]

Just updating the SLM Demo link. While adding link to new account for April (JDTRADER) I deleted the other demo links DOH !

 

[shadowninja]

How's the live account doing then??

 

[JDTRADER]

How's the live account doing then??

USD/JPY SELL 82.435 SL 84.000 TP 81.00 -5.18

Letting trade run till March 31st. Then closing account to trade a fresh account. I posted link in a earlier post.

£20 - £8,000 lol well I did say I'd prob bust.

Bal £16.38 EQ £11.05 Mar £8.24 Free Mar £2.87 -£5.32

 

[JDTRADER]

Friday BUSTO DAY ?

So I here on radio

Japan Earthquake :-0

:idea: JPY will be smashed :!:

So I close my short for a £3+ loss and think smart USD/JPY BUY @82.77

WRONG !

http://www.kathylien.com/site/japanese-yen/chart-how-jpy-has-reacted-to-past-quakes


I was thinking SELL JPY BUY DOLLAR USD/JPY

So now account so far in the red if I cut no magin left to trade. Only hope is for it to rise.

Well think I proved being under capitalised sucks.

Letting position run to bust or recover.

This is not my normal trading style

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=6fd7292a-0b86-448f-a78d-10ec72ad8d3e

On a happier note
Added £235.55 profit today to demo :smart:

 

[JDTRADER]

End of the line

I closed out

Bal. £3.50 -£16.50

Never really got going but never traded my style that is why I added the Demo to show I can trade.

As I made more on the Demo I suppose that took my focus plus I have been testing platforms to see which I wanted to go fully live with.

Well that account is now CLOSED and I transfered balance to new account for my Part Time trading which starts in April. I will be trading the Demo until then but I will not be adding it to this journal.

You can find me on the new journal http://www.trade2win.com/boards/trading-journals/119886-part-time-full-time-trader.html

THIS THREAD IS NOW CLOSED​