wallstreetking
Well-known member
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Hi guys,
going to keep it short. will be posting my trades on here. quit my day job to focus on trading as i think i can be profitable. aim is to get recognised by a well reputed prop firm or fund that will give me thier money to trade with.
I dont have a fixed method of trading. I trade all time frames and use vairous methods form flags, pennants to trend trading and multiple time frame analysis to plane support resistance and break and bounce of trendlines. will add more later.
KING
cos most of my trades will be pending orders i will only post trades that get triggered. i want to make this as transparent as possible. This journal is my CV to a 6 or 7 figure income. I will post my statement at the end of every week confirming all the trades i posted.
Will be risking 1% of my £500 account and R:R will be over 5:1.
When trade goes 3 times risk in my favor I will move SL to BE.
My strike rate is going to be very low and some times i will go through a losing streak and then a couple of winners will make me profitabel again. thats party of trading. I am happy with a 20% stirke rate. 20% strike rate over 100 trades will give me 60% growth in account.
Aim is to be profitable each month. Cant put a precentage figure cos you never know.
Will add more later
KING
going to keep it short. will be posting my trades on here. quit my day job to focus on trading as i think i can be profitable. aim is to get recognised by a well reputed prop firm or fund that will give me thier money to trade with.
I dont have a fixed method of trading. I trade all time frames and use vairous methods form flags, pennants to trend trading and multiple time frame analysis to plane support resistance and break and bounce of trendlines. will add more later.
KING
cos most of my trades will be pending orders i will only post trades that get triggered. i want to make this as transparent as possible. This journal is my CV to a 6 or 7 figure income. I will post my statement at the end of every week confirming all the trades i posted.
Will be risking 1% of my £500 account and R:R will be over 5:1.
When trade goes 3 times risk in my favor I will move SL to BE.
My strike rate is going to be very low and some times i will go through a losing streak and then a couple of winners will make me profitabel again. thats party of trading. I am happy with a 20% stirke rate. 20% strike rate over 100 trades will give me 60% growth in account.
Aim is to be profitable each month. Cant put a precentage figure cos you never know.
Will add more later
KING
Last edited:
big step giving up your day job!! I know... I've done the same, not the first time I've given up a perfectly good and sercure job that gives me 1.2k a month spare plus a decent pension to start a business or run some madcap plan, and I've never regretted it.. I'm not cut out for Monday morning meeting and line managers and bull****e. So all the best wishing you well :clap: those r:r's are gonna get tough when you start trading full lots but good on yer! long live the king 
