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
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
September 28th, 2009
Sam J
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
September 23rd, 2009
Sam J
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
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
Today:
FAPt is setup and ready to go.
———————
Cheers,
Sam J