Arobun's Journal [from scratch level]

Yes, appreciate your concern. I just need to first focus on something, and later I’ll focus on this one. Moreover, I keep checking on an open trade which is way long down.

Day 18 - Day 29: No activity. One open loss trade for more than 12 days, -260 pips. Today I set TP 1.19000 :laughing: Maybe it’s going to hit in next three months.

But I’ll be back soon with full of energy to focus on creating new trades with plan after I finished my serious work.

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as I am sure I said somewhere, EURUSD long is foolish, parity 1.0 is more likely before 1.20 :expressionless:

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Oh I wasn’t there but I see your point now. I should have known earlier.
I failed to realise that out of my 17 successful consecutive trades,

  • 4 of them are in buy sides, and
  • these 4 buy trades makes 3% of my total profit.

In other words, remaining trades:

  • 13 in sell sides
  • these 13 sell trades makes 97% of my total profit.

How did I miss to see this, I should have known this earlier, that would make my 18th trade bomb.

Btw, that’s just demo, thanks alot for sharing.

I’m not able to login in MT4.

I tried logging few weeks back in mobile app and desktop app, so far, not able to login the same I used on the first day.
Is there any expiration password or something in MT4 app? There’s not even “Forget Password”.

How can I get there?

Alright, I collected all the trades on the table right here and see how my first journey was in summary.

Total 16 completed trades in 10 days from 10th September to 19th September, 2018, solely focused on EURUSD pair only. Mostly done as swing trader, second to day trade.

1.  Buy EURUSD  > + 2.3 pips [Size: 0.02]
2.  Sell EURUSD > + 1.0 pips [Size: 0.02]
3.  Sell EURUSD > + 9.4 pips [Size: 0.48]
4.  Sell EURUSD > + 9.7 pips [Size: 0.01]
5.  Sell EURUSD > + 1.8 pips [Size: 0.48]
6.  Buy EURUSD  > + 2.7 pips [Size: 0.02]
7.  Sell EURUSD > + 3.2 pips [Size: 0.02]
8.  Buy EURUSD  > + 3.5 pips [Size: 0.02]
9.  Sell EURUSD > + 0.4 pips [Size: 0.10]
10. Buy EURUSD  > + 2.1 pips [Size: 0.10]
11. Sell EURUSD > + 2.6 pips [Size: 0.10]
12. Sell EURUSD > +12.3 pips [Size: 0.10]
13. Sell EURUSD > + 1.7 pips [Size: 0.05]
14. Sell EURUSD > +11.1 pips [Size: 0.05]
15. Sell EURUSD > +10.7 pips [Size: 0.02]
16. Sell EURUSD > + 9.1 pips [Size: 0.50]

Some Numbers:
Total Pips: 83.6,
Total Profit: $122.67
Total Loss: $0
Best Trade: $44.62 (3rd trade)
Longest Trade: 24 hours (15th trade)
Shortest Trade: 4 minutes (10th trade)
Average Win: $5.67
Average Loss: $0
Average Pips: 5.23 pips
Profitability: 100%

Long EURUSD Strength:
Total Buy: 4 [25%]
Total Buy Pips: 10.6 pips [12.68%]
Total Buy Profits: $3.314 [2.7%]

Short EURUSD Strength
Total Sell: 12 [75%]
Total Sell Pips: 73 pips [87.32%]
Total Sell Profits: $119.35 [97.2%]

After 100% profitable in 1st 16 trades in a row, the 17th open trade is a big mess.
On 25th September, I punched buy order of EURUSD which made loss of 400+ pips. One thing I failed to realise is that Sell EURUSD contributes 97% of all my profits, and it’s waste to keep them open long since all the 4 Buys were done in very short times (maximum 3 hours). I should have shorted and made hundreds pips since then before MT4 account closed automatically.

Source and Proof: MT4_Demo System by Arobun | Myfxbook

Should I keep this thread going for another new demo account?

  • Yes, you should continue
  • No, clear your work first
  • Maybe, it’s upto you

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