The perfect entry for this Fib 618 Swing Trade was about 3.5hrs ago at 14:30 H2 candle close, but I wasn’t near my computer at the time. However, this entry still is within the H4 candle close
Now is a matter of the trade working
We cashed in a few profits from the EU, GU trades knowing that there was a change for the retracement
I hoped to re-enter at a better price, but it didn’t quite work out at least not yet
RESULTS TO DATE: 14 MAR 22 - 31 MAY 22: +67.5% GROWTH TOTAL TRADES: 520 TOTAL WINS: 146 WIN RATE: 28% (Previous 29%) AVG WIN: $2,800 AVG LOSS: $746 REWARD: RISK RATIO: 3.75 (Previous 4.52) Profits Growth: 67.5% (Previous 32%)
When comparing to the previous accumulated period, my R:R is much lower, my Win% about the same, yet my profit increase is doubled going up from 32% to 67.5%…
Why? The only explanation I can think of is that i won more often when I had bigger positions and lose when I had smaller positions, since the R:R is not “weighted”…
Since I started mirroring as many trades as I could in my Demo account and reset it to start at $200K, we have grown +67.5% I believe this is a reasonably good result, what do you think?
Recently I started helping a family member to run his business while he is away, reason why I haven’t been posting my recent trades, so today I am listing just the execution blotter and the current open trades. This may continue being the case at least until his return by end of July
Being away from the computer for most part of the mornings have actually been quite productive. In the past, most of my “in & out losses” (that is entering a trade only to get out and repeat a few times), were caused because I “identified the good trades a bit early” that is I am right but I am quite early, so I entered a trade in the morning (Asian Session) and before the UK opened, I had been in and out a few times, “bleeding profits”…
Now, I am away most of the mornings, and start trading during the UK/US sessions. This has worked out quite well…
Anyway, here is the Demo History and the charts of the open trades:
RECENT EXECUTIONS:
I just remembered, Some recent minor losses are not listed in the Demo because I didn’t have the chance to replicate them at the time. So the actual result might be around +65%
SOY SHORT
Now at BE
This was a nice one. I have only been taking a trade at a time recently sue to my commitment to my friend’s business. And as a matter of fact it has been good.
GBP/USD MINI TIME FRAME SHORT TRADE
Due to the fact that I am super-busy with other endevours, I am testing my method on the 15min charts, that is, if I find a trade during the free time I have in this short time frame, then I will enter it and wait for its completion. Given that it is a 15min chart, the win or lose will be quick…
I am still of course trading the usual 4H/Day charts
Hi there, sorry but I haven’t yet figured out how to flip/ invert a thread so haven’t had time to scroll though to read recent comments.
There’s clearly alot of detailed/useful info in this thread, but before I invest hours of time in reading it, is it OK @TitanTito if I ask what your ROR / profit is on this account so far? I scrolled about a bit and couldn’t find it although it’s prob there.
This is just so I can gauge your thread to my educational needs.
If you’d rather not give this info, don’t worry - that’s completely fine and I understand. Thanks.
Whoops, sorry!!! Now i’ve posted and can see your last post (way this playform works) I’ve just seen - you’ve grown from $250K to $400K in last 3 months. That’s super-impressive.
Hi I enter my real trades then I enter the same trades in my Demo using the same rules for money management and my trading rules like stop and profit take. When I close a real trade I also close the demo trade.
I re-set my demo account to $200k start up on 14/3/22 and from that date I start med mirroring trades.
I am up 75% or $150k/$200k since then.
I use fibonacci trading. I do not trade lots of trades I seek only the few. Every now and then I post a full review and a list of all the trades from my demo acct. i might do one soon from 14/3/22 to 13/8/22.
After the 13/8/22 I will post a summary of results and list of trades history as I have done before.
So far up to $350k from $200k or +75% in 4.5 mths.
I have finished helping out my friend with his business so I should have more time to focus on my trading again…