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Learning Forex the Electrofx way, part 2, Going Live!
a place to keep a journal of my live trading activities. the first part of this thread, was for my paper trading journey of forex trading education, now i come to the live trading part of my forex trading education. apparently it's much harder to trade real money so i'm starting with small risk trading for now to start getting used to it.
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WeeMee
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March 27, 2017 - 16:00
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Time to go Live

 

so i took the plunge and decided to test myself with some real money. i plan to trade with only a 5 dollar risk to test if i can muster the discipline and self control to execute only trades that follow all my rules. even if that means no trades on some days.

 

i plan to rate my trades as i take them and after they close. this will help me work on my problem areas 🙂 it will also allow me to work out some kind of rating system for my own trading.

 

so yeah the trade should be screen shot before and after if possible, with a note on my sentiments about the trade before i took it. maybe a quick few words about what kind of trade it is.

 

i think i will only allow myself to trade picture perfect set ups. finish with the paper trade care free experimental trades lol.

 

so, lets see how things go, lets do this thing......

hey you! remember to follow your bloody rules!

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March 28, 2017 - 05:17
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first attempt is a sell continuation attempt from a good but if not perfect location

fits all the rules and feel its an 8

not looking great right now.** Register Here for Free Membership to see this image/link **

 

well so much for that. after thinking about this trade i think i needed to wait for a double reaction to take the sell. i guess i was over anxious to get started.

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hey you! remember to follow your bloody rules!

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koeart
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March 28, 2017 - 08:12
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best of luck men!!! cool

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March 28, 2017 - 16:24
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thank you.

didnt catch anything really good, then let myself take this ej buy. basically a third gray wave trade, it took ages of back and forth, but did make the target. i was waiting the whole time for the purp continuation to trigger, but it didnt so far. i was only about 60% sure of this.

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gold had a nice sell set up, but i some how didnt realize how good it was till it was too late 🙂 but for the rest i didnt find anything worth trying. so i spent most of my time on screen to get all the meta traders their histories. basically have 3 set up, each with a pair of markets. eu and gu, au and ej, uj and gold. didnt find the UJ histories on the site so copy pasted them from the demo account. seems to work.

hey you! remember to follow your bloody rules!

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March 29, 2017 - 05:09
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double reaction for a counter trend 1 to 1, was about 75% sure

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went for a audusd buy, how would you rate this trade from 1 to 10 Sjoerd?

 

tried to enter this gold sell on a 3 bar, but yeah it's not really a level 1.  am realizing that i repeated one of my mistakes when i opened the gold sell.

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hey you! remember to follow your bloody rules!

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koeart
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March 29, 2017 - 15:18
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pretty good trade if you ask me Omar 🙂 nice setup... you can see one small red candle at you last trigger point but it wasn't enhough to be a black line but really nice trade overall... next box was an option for a better target but i would have done the same thing as you did 😉 sooooo let's give it a 9!! 

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May 8, 2017 - 05:50
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nice first trade of the day, classic 3 point turn** Register Here for Free Membership to see this image/link **

hey you! remember to follow your bloody rules!

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WeeMee
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May 8, 2017 - 06:40
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hey you! remember to follow your bloody rules!

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Snejanka
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May 8, 2017 - 09:17
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Hi 🙂 Here are my two trades made today.** Register Here for Free Membership to see this image/link **

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May 8, 2017 - 09:39
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nice one ** Register Here for Free Membership to see this image/link **,

those are some beautiful entries.

really nice trading today, i'm always getting it right lol.

 

here's no 5 which made it while i was shopping 🙂

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and here we have a counter trend dbl trigger 3 point turn.

risk was 5.3 pips with slippage and the reward was 6.7 pips.

 

NO. 6 what a day

 

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been a good day, tried another small position, due to being the 6th wave. should have just left it

 

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hey you! remember to follow your bloody rules!

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koeart
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May 8, 2017 - 22:17
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nice job guys 😀

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May 9, 2017 - 12:03
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hi guys 1 loss and 1 win today, didnt have time to sit and trade, so both were just taken in passing 1 over lunch and one when i got home.

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hey you! remember to follow your bloody rules!

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WeeMee
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May 10, 2017 - 06:40
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first trade of the day was a loss on the uj,

 

then i found this, not perfect set up but with the heavy down trend i thought it would work

 

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here we have the second win of the day, also based on the power of the move down

 

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hey you! remember to follow your bloody rules!

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koeart
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May 10, 2017 - 14:47
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nailed it Omar! love the trigger on the EU money

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