Hi Guys,
So I decided to create this thread as my personal journal.
I started live account on CMC 8 months ago.
I lose my whole account twice, and I just started profiting 2 months ago.
I profit 10% of my account value per month.
Since forex is a long term hobby, so I decided to start create a journal.
You can pm me anytime to keep this thread clean. =)
So this are the tools I used:
- Ichimoku Cloud
- Slow Stochastic
- Bollinger Band
- Linear Regression (My latest tool, just today)
My foundation beliefs:
- Knowledge is the key, patience and self emotion control will follow.
- Forex is long term, so must apply good practices/habits at all times.
- etc.
Currency I trade:
AUD/USD
NZD/USD
EUR/USD
EUR/NZD
EUR/AUD
GBP/NZD
GBP/USD
USD/JPY
GBP/JPY
EUR/JPY
USD/CHF
current status: sad
reason:
just in previous weeks, market went up and down, so i learned to profit with that style.
Now, all instrument went up continously and I always tend to trade on the opposite direction…
Anyway, you only lose when you dont learn from it.
I learn new tool, “line regression” when used with bollinger band, I can predict when it will continously go down or up, when both tools went parallel.
I read from one expert that, he learned all the ins and outs of the market for 3 years.
I am on my 8th month, nothing to feel bad.