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Re: Trading Journal With FTMO Free Retry Challenge

Posted: Tue Sep 28, 2021 12:16 pm
by jng640
Update for new placed trade today:

AUDNZD-BUY

Have another 2 pairs which is EURGBP & EURAUD also given SELL signals by my algorithm, but due to there's election on EURO zone, I worried about uncertain spike outcome, and this week the ECB Prisident Largarde have unusually frequent speeches, so I decided not to trade any EUR pairs within this period until the election have done. :lolno:

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Tue Sep 28, 2021 3:13 pm
by jng640
Update 2 closed trades in first position which is AUDJPY & GBPJPY with TP hit, moved SL to Breakeven for the 2nd position. ;)

AUDJPY + 76.9 pips (1st position)
GBPJPY + 106.5 pips (1st position)

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Tue Sep 28, 2021 10:19 pm
by jng640
Update GBPJPY 2nd position.

Unfortunately, the price went back to my breakeven and knocked me out for the trade. :lolno:

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Tue Sep 28, 2021 11:28 pm
by wildwombat
Good luck!

(I have failed twice a year or so ago :) I can trade to the rules perfect for months and then sign up and then the pyschology / pressure kicks in and I ended up dying on the drawdown).

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Tue Sep 28, 2021 11:37 pm
by jng640
wildwombat wrote: Tue Sep 28, 2021 11:28 pm Good luck!

(I have failed twice a year or so ago :) I can trade to the rules perfect for months and then sign up and then the pyschology / pressure kicks in and I ended up dying on the drawdown).
I have same situation with you in the past, I had totally failed I think 6-8 times.. Everytime is ended up due to emotions,undiscipline,unconsistent, and trade in lower time frame.. :Rofl:

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Wed Sep 29, 2021 7:19 am
by jng640
Ahhh unfortunately USD goes strong due to the US treasury yield,currently US30,USDCAD & XPTUSD running in DD, but still not yet hit my SL yet, and my algorithm not yet fully agree for close trades, I'll keep them running for 1 more day. :facepalm:

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Wed Sep 29, 2021 8:39 pm
by jng640
Update:

AUDNZD closed 1st position 2.09 lot +44.9 pips
AUDNZD closed 2nd position 1.04 lot +44.2 pips

US30,XPTUSD,USDCAD still running floating DD :eh:

Re: Trading Journal With FTMO Free Retry Challenge

Posted: Wed Sep 29, 2021 10:53 pm
by jng640
Update:

AUDJPY 2nd position closed in breakeven.. +3.9 pips :lolno:

Re: Trading Journal Update with Losing Trades

Posted: Thu Sep 30, 2021 7:31 am
by jng640
:exclaim: Update:

Manual closed US30,USDCAD,XPTUSD in losses, even these trades still not yet hit my SL, but because my exit indicator indicated is time to let go the trades.. These manual closed trades makes my previous gains nearly +3% to now -0.58%. :facepalm:

USDCAD SELL 0.73 LOT -102.8 PIPS
USDCAD SELL 0.36 LOT -102.8 PIPS
US30 BUY 0.14 LOT -4414.5 PIPS
US30 BUY 0.07 LOT -4390.5 PIPS
XPTUSD BUY 20.18 LOT 349.9 PIPS (mini lot)
XPTUSD BUY 10.09 LOT 349.9 PIPS (mini lot)

It's hard to accept this losses, but this is part of the game. Create a trading system suit to your trading style, if it worth to trust after your backtest, then strictly follow your trading plan & trust the system which you used a lot of hard work to combined/created it. When it told you is time to enter, you enter; When it told you the market isn't good right now, is time to stay away now to prevent getting more bigger losses, you exit with minimize the losses. :)

Today don't see any good entry, so no new trade for today. :eh:

30/9 New Entry

Posted: Thu Sep 30, 2021 3:20 pm
by jng640
My trading system can trade exotic pair as well, but this is my first time to trade this pair. :lmao:

New Entry
EURNOK BUY 1.37 lot