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wm - classic sd (By wm247)
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wm - classic sd Discussion
Feb 03, 2017 at 10:04
Member Since Nov 20, 2013
89 posts
Hello everyone.
I'm still new to MyFxBook, and I want to use the statistics to monitor my trading system. I have been learning technical analysis for several years, and I want to check how my knowledge works in real trading situation.
My strategy will be simple and straightforward, utilizing classical TA and supply-demand analysis. Majority of my trades will be swing-trading.
My hope is that I could stay consistently profitable and compound my capital in the long-run. Let's do it! 😉
I'm still new to MyFxBook, and I want to use the statistics to monitor my trading system. I have been learning technical analysis for several years, and I want to check how my knowledge works in real trading situation.
My strategy will be simple and straightforward, utilizing classical TA and supply-demand analysis. Majority of my trades will be swing-trading.
My hope is that I could stay consistently profitable and compound my capital in the long-run. Let's do it! 😉
One man's fate comes from one man's wait.
Feb 06, 2017 at 17:07
Member Since Nov 20, 2013
89 posts
Owww... I just noticed that I had accidentally skipped an important step on my trading plan. 😡
Decided to force close some positions that did not fit my personal trading plan. That's too bad, but I must stick to the plan if I want high-probability setups only. 😕
Decided to force close some positions that did not fit my personal trading plan. That's too bad, but I must stick to the plan if I want high-probability setups only. 😕
One man's fate comes from one man's wait.
Feb 25, 2017 at 15:35
Member Since Nov 20, 2013
89 posts
Well, it's almost the end of February, and so far the system works accordingly. I do notice that we experienced quite a drawdown this month, but then the performance is now back on track. I must admit that there was a mistake on my earlier trading plan that I had overlooked; should have noticed it earlier, but then again it's part of my trading journey.
I had updated the trading plan after revising the cause of the error. Let's hope we continue on the right track for this March.😄
I had updated the trading plan after revising the cause of the error. Let's hope we continue on the right track for this March.😄
One man's fate comes from one man's wait.
Member Since Sep 15, 2014
259 posts
Apr 01, 2017 at 01:01
Member Since Nov 20, 2013
89 posts
And we are done with March. So far the plan works, but the last week has been quite unfortunate with our trading. Ah well, that's part of trading journey, there will always be ups and downs. We are still profitable, so it's a bit consolation.
For this April, we will strife for more quality instead of quantity. Let's do it.
For this April, we will strife for more quality instead of quantity. Let's do it.
One man's fate comes from one man's wait.
Member Since Sep 15, 2014
259 posts
Apr 29, 2017 at 02:07
Member Since Nov 20, 2013
89 posts
One more month has passed. Praise the Lord, it has been profitable month once again. In fact, I almost accomplished my yearly target this month, but barely. We are to maintain this trajectory on May, and improve the quality even more.
One man's fate comes from one man's wait.
May 27, 2017 at 16:25
Member Since Nov 20, 2013
89 posts
Happy fasting month! This May has been rather difficult for our trading, with some losses accumulated. I am still confident with our system, but I'll make some adjustment in the future. Maybe we are being too reckless after several months of profitability, after all.
One man's fate comes from one man's wait.
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