Like many posts in this sub forum I’m gonna try to post my daily trades and losses from the live side. Yes I’m very new and am starting live this week after doing demo for a while.
Please be constructive in your criticism. Yes I know I’m making dumb mistakes and welcome constructive feedback.
Settings on ipad think or swim.
Moving Avg Exponential: 5
Moving Avg Exponential: 10
MACD: 5/10 Wilder, 10 length
RSI: 10 Wilders
ADX: 15 Wilders
(From a system I read on the trading system page.
Watching only hourly cause I get anxious when I’m watching the 1 and 5 min charts…
Starting balance: $2200
0714: Short USD/CAD 10k 1.23887 (this didn’t go well…)
0715: Long AUD/USD r10k 0.77499 (stupid fake Xover)
0750: Closed AUD/USD 10k 0.77454 (-4 pips)
** I’m an idiot and made the mistake of watching the 5 min chart and scared myself. If i had held this I’d be up 60 pips…
0751: Short USD/CHF 30k 0.91481 trailing stop 25 pips
0838: Closed USD/CAD 10k 1.23982 (-10 pips)
1737: Long AUD/USD 20k 0.77996 trailing stop 25 pips
Closing day value: $2,302.
I think I’m gonna limit myself to no more than 5 trades a day. Force myself to slow down and try to avoid FOMO.