12.29.2013

Pepperstone Live Account

Since last July, I was using a particular EA and my fund was increased from under $6,000 to more than $30,000. I was a bit hesitant to disclose this account because I was unsure about its performance. But almost after half a year, it recorded more than 30% per month increase, which is about 100% every three months. And I'm somehow confident about the performance.

11.13.2013

Stable manual trading

I've been doing a test trading based solely on my own trading method, and it's been running very stable for the past couple of months. Today, it has reached new height and it's earning more than 10% per month which is very good to me. I think I'll run a bigger account using the same method next year.

9.04.2013

EURAUD Exited.

I got 156 pips on EURAUD while risking 48 pips. Risk-reward ratio was about 1:3 which was very good. There will be a major AUD news release today, and I wanted to secure my profit before that. Besides, I was pretty much satisfied with my trade.

Now my account is up 23%.

9.03.2013

SL moved.

I've moved the SL of my short EURAUD position from 1.47410 to 1.46900, 3 pips below the entry price.

When to close?

I think trading is extremely difficult. I also think trading is a mental battle to yourself. I believe so many traders find it difficult to close an open position at a best place. And I'm the one who found the same.

Almost after 20 hours from the opening of the trade, I'm still wondering when I should close it.

I think it's extremely difficult to keep sound mentality when you trade, and I'm no exception. I'm only a human, and have no idea how far it would go and when it reverses. My assumption was wrong so many times in the past.



EURAUD Short

I have a EURAUD short position.

Since I started my $100 test account (real account), I've been trading based on a single strategy, and it seems to be working fairly fine. It's too early to say, but this could be the best trading strategy I've ever done if my trade continues to be successful.

8.30.2013

CADCHF long position

I haven't updated about this position, but I already opened CADCHF long position, and SL is already in place at breakeven point so that there would be no loss for this trade.