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Posts Tagged ‘lotsize’

The Flames Ahead!

October 8th, 2009 Sam J No comments

Well in light of the current market volatility, I’ve decided to halve my lotsize back to 0.05 just in case another wave of bad trades comes through.

I was lucky enough to have my MT4 disabled last night, so i didn’t cop any of it.

But tonight I’m not leaving it off, I’m going to try my luck with half-sized lots so that I can see what happens without risking too much.

Good luck everyone,

Cheers,

Sam J

Categories: Forex Tags: , , , , ,

October 01/02 Forex Results

October 2nd, 2009 Sam J No comments

Well, I decided to bump up my lotsize to 0.1 yesterday and it paid off.

2 successful trades last night, both involving GBP despite being warned to avoid trading this currency at the moment.

Oh well, time will tell if the winds change ;)

For now, gotta run, but have a lookie;

———————————–

PAIR | LOTSIZE | PROFIT

GBPCHF | 0.1 | +$16.35

Entry:1.65900

Exit:1.66048

PAIR | LOTSIZE | PROFIT

GBPCHF | 0.1 | +$13.36

Entry:1.65716

Exit:1.65837

———————————–

+$29.71 for the day.

Cheers,

Happy Trading,

Sam J

First Loss in Months!

September 28th, 2009 Sam J No comments

Thursday night/ Friday morning saw 4 trades, things seem to be picking up.

That’s the good news, the bad-ish news is that I finally had a loss.

It was a 33 pip loss, BUT the other 3 trades raked in 26 pips, so an overall loss of 7 pips for the day is what I’d consider a good day.

PAIR | LOTSIZE | PROFIT

GBPUSD | 0.05 | +$1.56

Entry: 1.60622

Exit: 1.60595

PAIR | LOTSIZE | PROFIT

EURCHF | 0.05 | +$7.36

Entry: 1.50796

Exit: 1.50927

PAIR | LOTSIZE | PROFIT

GBPUSD | 0.05 | -$19.09

Entry:  1.60401

Exit: 1.60072

PAIR | LOTSIZE | PROFIT

USDCAD | 0.05 | +$5.04

Entry: 1.09141

Exit: 1.09046

-$5.13 for the day.

On a closing note, there has been alot of negative talk about GBPUSD trading on MegaDroid in this current trend that is going on between this pair.

I’m going to read-up and assess whether on not to let it trade over the next week or two.

Personally I think it’s just because some traders don’t realize that there is no 100% sure way of trading and since this is the first loss in quite a while they are just under-experienced and scared, but who knows.

We’ll see ;)

Happy Trading,

Sam J

Hallelujah! Awake, Fellow MegaDroid…

September 23rd, 2009 Sam J No comments

Well, MegaDroid Pro made 3 trades last night, two were profitable and one was a break even.

And so continues my no loss streak of 28 (MegaDroid’s Trades).

And guess what?….

I finally broke-even my total forex balance (Over my entire forex trading life); I’ve deposited $750 and lost alot, but now my balance is at $750!

It’s all thanks to MegaDroid and it’s amazing reliability.

Anyways, back to the trades;

PAIR | LOTSIZE | PROFIT

USDCAD | 0.05 | +$5.72

Entry: 1.06715

Exit: 1.06822

PAIR | LOTSIZE | PROFIT

EIRCHF | 0.05 | +$8.09

Entry: 1.51291

Exit: 1.51436

PAIR | LOTSIZE | PROFIT

EIRCHF | 0.05 | +$0.67

Entry: 1.51445

Exit: 1.51433

Forex Results 27th May ‘09

May 28th, 2009 Sam J No comments

Expert Advisor Trading

MegaDroid

1 Trade

+17.19 (+15 Pips)

Had a decent increase in lotsize since my last MD trade, so very happy with the result.

Euro-Blaster

Didn’t Trade on the 27th.

Semi-Manual Trading

LMT Formula

Only 2 Trades

-$10.90(-17 Pips)

USD/JPY

1 Trade

-$11.71 (-23 Pips)

Had no faith in this one, looked stupid, but went with it anyway.

Stupidly put in a larger lot size then I wanted to.

EUR/USD

1 Trade

+$0.81 (+6 Pips)

Also had no faith in this one and was careful to keep my lot size small.

Ironically copped a win with the smaller lotsize :(

Manual Trading

No manual trading for me on the 27th.

Total

+$5.48 for the day.
Still no where near my $20 per day target!
Implemented FAPt again as of today after HOURS of optimizing and finding the best times to trade.
So expect a bunch of trades each day from now on :D

Today:

FAPt is setup and ready to go.
———————
Cheers,
Sam J