My Live Trading Performance - Journal & Thoughts

[mytwopips]

Hi Traders,
I am starting this thread to post my live trading results. This will keep me grounded in my reporting. I don't trade everyday but am working on getting there. I will try to elaborate each day on setups, justifications, psychology, etc. My intent on this thread is not only for reporting but having fun. So I welcome questions, comments, jokes, flames, or whatever you got.

Here are my results so far since going live. In the future I will post each result per day with any details that might be relevant.

Mon 17 Mar +1.5%
Tue 18 Mar +1.5%
Wed 19 Mar -15.0%
Thur 20 Mar +9.8%
Mon 25 Mar +3.7%
Tue 26 Mar +2.6%
Thur 28 Mar +8.4%
Sun 30 Mar +3.2%
Mon 07 Apr +0.2%
Thur 10 Apr +1.4%
Fri 11 Apr +0.2%
Mon 14 Apr +2.1%
Tue 15 Apr +5.0%

[Piphacker]

GoodLuck Budd!!
I,ll Keep in touch with you & your journal
PipHacker!!!

[mytwopips]

Today's performance results:
Wed 16 Apr +1.7%

Today I was able to do three sets of trades.
2 winners
1 loser

Hard market to trade today for me. I had plenty of time to trade today but the poor market conditions left me on the sidelines for most of it.

[Yarcofin]

Almost 2% per day. Good work... you're certainly not going to get that kind of return from the stock market or any other kind of investments.

[mytwopips]

Originally Posted by Yarcofin

Almost 2% per day. Good work... you're certainly not going to get that kind of return from the stock market or any other kind of investments.

I don't expect to keep getting it from this market either. Yet, I will take it while I can

[mytwopips]

Today's Performance Results:
Thur 17 Apr +2.0%

Yarcofin must have jinxed it (in a good way).

Boring day, no big movements to ride. I scalped mostly.

[cadarkitek]

Originally Posted by mytwopips

Today's Performance Results:
Thur 17 Apr +2.0%

Yarcofin must have jinxed it (in a good way).

Boring day, no big movements to ride. I scalped mostly.

I agree, normally i get like 5 signals, today only 2, TP hit in Long USDCAD and Short on CHFJPY is still open. I think London will be interesting later only thing is i'll be asleep.

[tetorii]

cool glad your getting a good average profit most every day. keep it up.

was wondering what strategy your using.

have fun trading

[mytwopips]

Thank you all for the comments.

To tetorii,
My strategy for the morning is to try to jump on a trend that day if one exists. My strategy for the afternoon is to spot tops and bottoms in ranges if they exist. The first strategy has a good r/r ratio and is posted hereWent Live And Broke Every Rule In The Book!

My afternoon strategy is more risky with building positions
as price keeps moving into overbought or oversold areas. I use price action of candles formations, s/r, and ma's. This strategy has a poor r/r ratio but a great win/loss ratio.

[mytwopips]

Today's Performance Results:
Fri 18 Apr 0.0%

I did not trade today. I was not able to trade the morning and being Friday that could be a good thing. The afternoon was to stale to bother. Trading Friday afternoons is hard anyway because I have to time my positions to get out before the close. Let's see what next week brings.

On a side note: The Dow broke major resistance despite all the crap. I guess reported crap was better than expected crap with a boost from tech climbing out of crap.

Edit: This morning had nice day trends formed on the 15 mins that would have been a good trade on the eur and jpy majors. A nice set of hindsight trades of would of, should of, could of's.