A Loser Trading Journal


First Target (5/2/2015) : Keep equity and get back it first and keep survive.


GBP/JPY	308.00	10	S	179.74(9)	179.75(8)				-0.9	-0.77	0.00	2015/2/6 14:45

Total 10 -0.9 -0.77 0.00

GBP/JPY 10 S 179.74(9) 179.81(1) -6.2 -5.28 0.00 2015/2/6 14:45 2015/2/6 18:52
Total 10 -6.2 -5.28 0.00

gbp/jpy 10 b 179.86(0) 179.96(2) 10.2 8.69 0.00 2015/2/6 19:57 2015/2/6 20:07

GBP/JPY 10 B 181.54(6) 181.53(0) -1.6 -1.34 0.00 2015/2/6 23:07 2015/2/6 23:15
GBP/JPY 10 B 179.94(0) 179.77(5) -16.5 -14.07 0.00 2015/2/6 20:33 2015/2/6 20:36
GBP/JPY 10 B 179.86(0) 179.96(2) 10.2 8.69 0.00 2015/2/6 19:57 2015/2/6 20:07
GBP/JPY 10 S 179.74(9) 179.81(1) -6.2 -5.28 0.00 2015/2/6 14:45 2015/2/6 18:52
Total 40 -14.1 -12.00 0.00


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gbp/jpy 0 2015-2-6 2:45 179.749
2015-2-6 6:52 179.811 -5.28 -1.20 0.00 0.00 0.0 0.00 -6.48
gbp/jpy 0 2015-2-6 7:57 179.860
2015-2-6 8:07 179.962 8.69 -1.20 0.00 0.00 0.0 0.00 7.49
gbp/jpy 0 2015-2-6 8:33 179.940
2015-2-6 8:36 179.775 -14.07 -1.20 0.00 0.00 0.0 0.00 -15.27
gbp/jpy 0 2015-2-6 11:07 181.546
2015-2-6 11:15 181.530 -1.34 -1.20 0.00 0.00 0.0 0.00 -2.54

Beginning Balance 1,128.38
Trading Commission -7.68
Rollover Fee 0.00
Profit/Loss of Trade -0.10
Deposit 0.00
Withdrawal 0.00
Options Payout 0.00
Options Commission 0.00
Administrative Fee 0.00
Management Fee 0.00
Performance Fee 0.00
Deposit Rollback 0.00
ASP Commission 0.00
Interest on Usable Margin 0.00
Ending Balance 1,120.60
Floating P/L 0.00
Equity 1,120.60
Necessary Margin 0.00
Usable Margin 1,120.60
Necessary Margin (Maintenance) 0.00
Usable Margin (Maintenance) 1,120.60

EUR/USD 10,000 2015/2/9 07:50 1.13136
2015/2/9 08:03 1.13172 3.60
EUR/USD 10,000 2015/2/9 08:10 1.13193
2015/2/9 08:50 1.13184 0.90
EUR/USD 10,000 2015/2/9 09:34 1.13239
2015/2/9 10:00 1.13327 -8.80
EUR/USD 10,000 2015/2/9 10:18 1.13323
2015/2/9 10:34 1.13346 -2.30
EUR/USD 10,000 2015/2/9 15:32 1.13406
2015/2/9 15:44 1.13386 2.00
EUR/USD 10,000 2015/2/9 17:25 1.13461
2015/2/9 17:48 1.13434 2.70
GBP/JPY 10,000 2015/2/9 19:14 180.399
2015/2/9 19:26 180.400 0.08
EUR/USD 10,000 2015/2/9 19:43 1.13104
2015/2/9 20:08 1.13159 -5.50
GBP/USD 1,000 2015/2/9 20:47 1.52076
2015/2/9 21:03 1.52088 0.12
GBP/USD 10,000 2015/2/9 21:58 1.52177
2015/2/9 23:11 1.52248 7.10

Beginning Balance 1,120.60
Comm Trading Commission -4.80
Rollover Rollover Fee 0.00
PnL Profit/Loss of Trade 7.65
Depos Deposit 0.00
Withd Withdrawal 0.00
Option Options Payout 0.00
Comm Options Commission 0.00
AdminFee Administrative Fee 0.00
MngFee Management Fee 0.00
PerfFee Performance Fee 0.00
Void Deposit Rollback 0.00
ASPComm ASP Commission 0.00
MargInterest Interest on Usable Margin 0.00
Ending Balance 1,123.45
Floating P/L 0.00
Equity 1,123.45
Necessary Margin 0.00
Usable Margin 1,123.45
Necessary Margin (Maintenance) 0.00
Usable Margin (Maintenance) 1,123.45

What is your strategy and how do you determine your position size?

I using price actoin strategy .
I trade GBPJPY mainly , and EUR/USD GBPUSD
and differnet currency pairs have different RR because of different pip cost , I would like a fix risk I take.
My RR is about 1:2.5 and position size 10 i always

I admit I f*king lose the direction trade , always . I dont wanna say that but the fact is.

Now I pay my attention on
mainly GBP JPY GBP AUD
and GBP NZD

But anyway , you are the first other person reply on this post
Thank for your attention

Time frame I used is m5 m30

I findd Richard Wyckoff - accumulation and distribution recently
And I use this on my philosophy trading

No indicators use

SR I always use

So you are defining support and resistance, then what? How do you decide to go long or short? Do you set stops just outside or inside levels you have designated as support or resistance? Are you using myfxbook?


find the nearest RS on m30

I will define resistance and support are about 1.9645 and 1.9590 respectively.
So , I should set up short position on 1.9645

set a stop loss is horrible confusing me

sometimes work , sometimes it touches it and get back the direction i predicted
sometimes i set stop loss large and touch it , and yes it get f*ing . work …

BTW , the EMA is nothing to me .

BTW , the EMA is nothing to me .

could you share how do you develop own trading system …?
i have read “how to develop own trading system” on babypip forum.
but i still confuse


so it makes me wrong again