Airmike
Junior member
- Messages
- 48
- Likes
- 1
recap.
EURCHF
EURJPY MKT Buy - 10 000 - 138.641 - closed
CHFJPY MKT Sell - 12 260 - 113.004 - in market
EURCHF STOP Sell - 10 000 - 1.19505 - canceled
AUDNZD
AUDJPY MKT Buy - 20 000 - 94.168 - in market
NZDJPY MKT Sell - 22 000 - 85.579 - closed
AUDNZD STOPSell - 20 000 - 1.09400 - filled
CADCHF
CADJPY MKT Buy - 23 800 - 96.702 - closed
CHFJPY MKT Sell - 20 000 - 115.383 - in market
CADCHF STOP Sell - 23 800 - 0.8329 - filled
1. EURJPY is closed at profit
2. NZDJPY is closed at profit
3. AUDNZD is closed at profit
4. CADJPY is closed at small profit
5. CHFJPY open position at loss
6. CHFJPY open position at loss
7. AUDJPY open position at loss
New trade AUDJPY MKT Buy - 20 570 - 92.21 open
I left just 4 positions as a speculation AUDCHF long side 40 570
actual P&L from all positions is -330 USD.
EURCHF
EURJPY MKT Buy - 10 000 - 138.641 - closed
CHFJPY MKT Sell - 12 260 - 113.004 - in market
EURCHF STOP Sell - 10 000 - 1.19505 - canceled
AUDNZD
AUDJPY MKT Buy - 20 000 - 94.168 - in market
NZDJPY MKT Sell - 22 000 - 85.579 - closed
AUDNZD STOPSell - 20 000 - 1.09400 - filled
CADCHF
CADJPY MKT Buy - 23 800 - 96.702 - closed
CHFJPY MKT Sell - 20 000 - 115.383 - in market
CADCHF STOP Sell - 23 800 - 0.8329 - filled
1. EURJPY is closed at profit
2. NZDJPY is closed at profit
3. AUDNZD is closed at profit
4. CADJPY is closed at small profit
5. CHFJPY open position at loss
6. CHFJPY open position at loss
7. AUDJPY open position at loss
New trade AUDJPY MKT Buy - 20 570 - 92.21 open
I left just 4 positions as a speculation AUDCHF long side 40 570
actual P&L from all positions is -330 USD.
Airmike
Junior member
- Messages
- 48
- Likes
- 1
Hi Guys,
is time for another update. my last trade was not very successful because I finished on SL from all of my position on AUDNZD. Loss was about 850 USD. I haven't been trading during the Christmas and January was very busy at my job, so I would like to put some trades from end of the last month. Some of them are already closed and some of them are still in the market. here you go.
open positions
closed positions
chart
forecast
is time for another update. my last trade was not very successful because I finished on SL from all of my position on AUDNZD. Loss was about 850 USD. I haven't been trading during the Christmas and January was very busy at my job, so I would like to put some trades from end of the last month. Some of them are already closed and some of them are still in the market. here you go.
open positions
closed positions
chart
forecast
Forexmospherian
Legendary member
- Messages
- 39,928
- Likes
- 3,306
Well Done Airmike
Am I correct to say without your contest winnings - your trading results are just running in the red?
I will admit I have not read all your blog and links - but why are you showing a $2,2 K P & L negative balance
If its all part of your plan - no problem - but with you doing better with your contests etc - why not just stay with them and try and do more ?
Surely I am missing something here - but it is a Saturday evening and I am already on the red wine - so sorry if I am not quite with it ;-))
Regards
F
Am I correct to say without your contest winnings - your trading results are just running in the red?
I will admit I have not read all your blog and links - but why are you showing a $2,2 K P & L negative balance
If its all part of your plan - no problem - but with you doing better with your contests etc - why not just stay with them and try and do more ?
Surely I am missing something here - but it is a Saturday evening and I am already on the red wine - so sorry if I am not quite with it ;-))
Regards
F
Last edited:
LiquidGenius
Junior member
- Messages
- 22
- Likes
- 1
Interesting thread. Cool graphics too 
Good luck!
Good luck!
Airmike
Junior member
- Messages
- 48
- Likes
- 1
I just came back from town so I will answer in same mood as you
Firstly, I would like to say that you are perfectly right. My P&L is in red and explanation is that I am trying to combine very high risk trading with money I won in contests.
1 point: I am able to make every month few hundreds of dollars . My average gain from contest is about 1000 USD per month. I have decided to take a risk and my monthly budget is exactly same as average income contest. I don't want to spend even cent more than that.
2 point: I would like to make a huge amount of money, but I have no time for intraday trading or watch on the charts during the day. so I would like to pick one of my monthly analysis http://www.dukascopy.com/fxcomm/fx-...t-Of-Success-In-Technical&action=read&id=1773 every month and risk all in. Sometimes I am right and sometimes wrong but in long term I believed in success .
3. My target is 440k USD. because I think that I can handle it. I made nice result in one of my previous contest in 2011 http://www.dukascopy.com/fxcomm/fx-article-contest/?Million-Euro-Trade&action=read&id=1806
I want to achieve same target but with no time limit. It can take 3 years or 10 years. this small project is my hobby. I don't know if I am able to reach this target. but I want to try.
I am very conservative trader and I didn't took a huge risk in past. I am taking this project as an experiment. Some kind of way to make almost impossible become a true. And it is a lot of fun of course
Firstly, I would like to say that you are perfectly right. My P&L is in red and explanation is that I am trying to combine very high risk trading with money I won in contests.
1 point: I am able to make every month few hundreds of dollars . My average gain from contest is about 1000 USD per month. I have decided to take a risk and my monthly budget is exactly same as average income contest. I don't want to spend even cent more than that.
2 point: I would like to make a huge amount of money, but I have no time for intraday trading or watch on the charts during the day. so I would like to pick one of my monthly analysis http://www.dukascopy.com/fxcomm/fx-...t-Of-Success-In-Technical&action=read&id=1773 every month and risk all in. Sometimes I am right and sometimes wrong but in long term I believed in success .
3. My target is 440k USD. because I think that I can handle it. I made nice result in one of my previous contest in 2011 http://www.dukascopy.com/fxcomm/fx-article-contest/?Million-Euro-Trade&action=read&id=1806
I want to achieve same target but with no time limit. It can take 3 years or 10 years. this small project is my hobby. I don't know if I am able to reach this target. but I want to try.
I am very conservative trader and I didn't took a huge risk in past. I am taking this project as an experiment. Some kind of way to make almost impossible become a true. And it is a lot of fun of course
Airmike
Junior member
- Messages
- 48
- Likes
- 1
I have to say this is really not a way how to make consistent gains every month, or perfect equity with small drawdowns. this is my way how to risk and don't lose money.
Most important thing is blue curve. I don't care about red or green. Blue one is total P&L and it means - money in my project. I don't want to see drawdown on blue one.
Most important thing is blue curve. I don't care about red or green. Blue one is total P&L and it means - money in my project. I don't want to see drawdown on blue one.
Last edited:
Airmike
Junior member
- Messages
- 48
- Likes
- 1
I see that my thread has not been updated such a long time. For all info is better to check my blog http://airmike-trading.blogspot.com/
Just few Highlights
1. From 1 January till this Friday I have closed 100 trades - all of them are winners. Is a bit crazy but my EOM stop loss has not been filled even one time.
2. I made profit from the contest $7760 and profit from trading $5017
3. I almost doubled my account from previous year. see picture below
Ps: It is not a big deal so far, but I believe its a good start of the new year and probability to achieve my target is a bit higher
Just few Highlights
1. From 1 January till this Friday I have closed 100 trades - all of them are winners. Is a bit crazy but my EOM stop loss has not been filled even one time.
2. I made profit from the contest $7760 and profit from trading $5017
3. I almost doubled my account from previous year. see picture below
Ps: It is not a big deal so far, but I believe its a good start of the new year and probability to achieve my target is a bit higher
Last edited:
