ijak's Trading Journal - Trying to Survive with minimal funds

ijak

Junior member
27 0
Sell EURGBP
god, I hate this Inverted Cup and handle Pattern.


12803017_10208287364489350_1406263650279312179_n.jpg

Example of Cup and handle Pattern in WTI/CL

wti-h4-tickmill-ltd.png

looking this WTI, makes me wanna open a trade, because my broker uses fixed 1 lot , and 1 lot = 0.01$ / pips which means i trade WTI with cent account
 

ijak

Junior member
27 0
Try To buy NZDCHF

Finaly i am back trading forex, because indices trading is very painful.
For smallest lot in my broker, smallest used margin is in JP225 , it is around $14-$15. not to mention, index have very wild movement.
need bigger balance sigh
and looks like they applied 1:100 leverage in all indices instrument
nzdchf-h1-tickmill-ltd.png

Reason, hammer on MA with counter sell if it become invalid
 

ijak

Junior member
27 0
Sell GBPCHF
very sexy
reason : RSI on 60 area, RSI Abnormal, and still in channel area

gbpchf-h1-tickmill-ltd.png
i hope it is valid
moga2 valid
got good spreads , 2.0 pips for GBPCHF
 

ijak

Junior member
27 0
Finally got margin called
and based on FXBlue statement
My total deposit/WD in Tickmill via skrill or fasapay are :
Deposit : $178.37
WD : $221.34
WD - Deposit = $42,97

so with my total net WD , i can say, i am still losing my money.
But no problem.
I cosider this as my learning experience .
and i learned in hard way, in the next trades, i better do not touch indices , because if i trade with minimum amount i better trade WTI because even WTI used margin is relatively big because it is using 1:100 leverage, but WTI smallest lot is cent pips . so it is better for money management

This journal will be my documentary repot so i can study my mistakes and become a better trader in near futures

and like arnold said in terminator.

" I'll be back"

The End of Part 1
 
Last edited:

ijak

Junior member
27 0
Deposit Small amount before NFP
and taking advantages from this volatile news .
Sell USDCHF and CADCHF because in TF H1 already formed continue pattern.
so lets hoping its valid



 
 
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