InvestSocial
Reply to thread
Page 1 of 233 1 2 3 6
Results 1 to 10 of 2323

Thread: kashifrehman's - Trading journal

  1. #1 You can automatically minimize the read posts in your account in the 'Forum Settings'
    It's time to retire!
    I am:
     
    kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman has a reputation beyond repute kashifrehman's Avatar
    Join Date
    Feb 2012
    Posts
    19,187
    Accumulated bonus
    6395 USD (What is this?)
    Thanks
    11,711
    Thanked 11,123 Times in 2,906 Posts
    SubscribeSubscribe
    Subsribed 0

    Default kashifrehman's - Trading journal

    Introduction

    Dear Fellow Traders i am trading forex spot and metals from previous eight years, I created this trading journal to share my trades with you, and to take input from you people to make my strategy better and off course this will also serve as learning material for new ones. How to make it successfully is a biggest question in this market that i will try to answer here.

    Basic Purpose of This Trading Journal

    Why the Trade was made (Basic Idea Behind Trade), if i find a good trading idea then other things become less important. When i enter into a trade for me that means that i am fully convinced with my idea that it will generate profits for me. When i admit the idea there i prone to convince myself a mediocre idea is good.

    The pair i trade, the basic pair that i trade to make money like NZD/USD, EUR/USD. Often i choose to trade the pairs which match my risk tolerance.

    When I made the Trade, Entry Signal and timing is very important for me so i keep track record to keep trade record of my patience. And here i will discuss about the entry signal and timing of entry. Risk reward ratio badly screwed if a trade is made on the wrong time. I will also discuss why i choose this specific time.

    Targets, Both stop loss and take profit are important to risk management and it can disturb my profit discipline. If one of my trade is working well then it is imperative to hold that trade until my analysis tell me to exit from that trade, It is important to discuss the TP and SL in detail with each and every trade, so we do same here.

    Trade Management, a good idea poorly managed become the main reason of failure for many of trades, i manage my trades well to take maximum output from then. Here i will discuss that how i manage the individual trade.


    Short Introduction of Trading Strategy

    I totally depend on the VSA/Wyckoff Trading principles, because i believe that VSA is about looking behind the chart, and using what I see to construct an overview of what the major players are trying to achieve. Here i will discuss about three basic principles of Wyckoff 1: The Law of Supply and Demand, 2: The Law of Cause and Effect 3: The law of Efforts Vs Results, here i will discuss that what i find on charts and where i search for these all on my chart. When i select a pair i depend on the five principles of Richard Wyckoff. For the risk and money management i depend at my own, for this purpose i use excel sheet which help me to calculate the exact volume size according to my SL.


    Planning and Mind Pattern modification.

    I believe that these two only can be modified when I share my thoughts with others and get input from them this can help me to change my habits from destructive to constructive. You are requested to share your views on each and every level so it can help me to change unwanted things and habits as well as it will bring more confidence in me to make profitable trades. When i put my trading psychology in words there it will become easy to get suggestion on that and so i can modify that with ease.
    Last edited by Aviz; 13-06-2018 at 06:39 PM.


  2. #2 You can automatically minimize the read posts in your account in the 'Forum Settings'
    It's time to retire!
    I am:
     
    OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint has a reputation beyond repute OnePoint's Avatar
    Join Date
    Jan 2013
    Posts
    14,723
    Accumulated bonus
    6540 USD (What is this?)
    Thanks
    22,402
    Thanked 28,746 Times in 8,868 Posts
    SubscribeSubscribe
    Subsribed 0
    Wow! Eight good years of previous trading exposure and experience is never a joke and this is a standpoint that your trading journal will be highly interesting mate. I saw your good composure of analytic outline of your strategy and which I strongly believe we will learn from you. VSA/Wyckoff Trading principles are new to me and through your further explanation then I know something good will surely come forth to learn. Welcome mate to the house of wonderful trading journals.
    ONEPOINT TRADING JOURNAL
    SEE MY LATEST UPDATE !
    https://forum.mt5.com/showthread.php...1#post15014065


  3. 9 users say Thank You to OnePoint for this useful post.

    ashraff (23-09-2018), Batavia (12-03-2018), dedy hari kurniawan (11-03-2018), Jamalah (19-11-2018), kashifrehman (11-03-2018), moneygrows (12-03-2018), sho (18-07-2018), Sixteen (12-03-2018), Sonia321 (11-03-2019)

  4. #3 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Banned
    I am:
    ----
     
    sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark has a reputation beyond repute sonibark's Avatar
    Join Date
    Apr 2017
    Posts
    8,392
    Accumulated bonus
    3950 USD (What is this?)
    Thanks
    4,035
    Thanked 14,685 Times in 3,519 Posts
    SubscribeSubscribe
    Subsribed 0
    you are very welcome to the trading journal mr kashifrehman its nice seeing you around here, this you trading techniques seems a little bit complex by your explanation, and the fact that you also use excel make it to be complex,is\ believe that no matter how complex its, understanding is the most important thing, when we have a better knowledge of what we are doing we wont have much problem in the market

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. 11 users say Thank You to sonibark for this useful post.

    ashraff (23-09-2018), Batavia (12-03-2018), faridakhan (03-02-2019), Jamalah (19-11-2018), kashifrehman (11-03-2018), moneygrows (12-03-2018), Sixteen (12-03-2018), Sonia321 (11-03-2019)

  6. #4 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Banned
    I am:
     
    dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan has a reputation beyond repute dedy hari kurniawan's Avatar
    Join Date
    Aug 2012
    Posts
    15,301
    Accumulated bonus
    6913 USD (What is this?)
    caught pokemons
    44 (What is this?)
    Thanks
    16,570
    Thanked 24,202 Times in 4,723 Posts
    SubscribeSubscribe
    Subsribed 0
    Quote Originally Posted by kashifrehman     
    Introduction

    Dear Fellow Traders i am trading forex spot and metals from previous eight years, I created this trading journal to share my trades with you, and to take input from you people to make my strategy better and off course this will also serve as learning material for new ones. How to make it successfully is a biggest question in this market that i will try to answer here.

    Basic Purpose of This Trading Journal

    Why the Trade was made (Basic Idea Behind Trade), if i find a good trading idea then other things become less important. When i enter into a trade for me that means that i am fully convinced with my idea that it will generate profits for me. When i admit the idea there i prone to convince myself a mediocre idea is good.

    The pair i trade, the basic pair that i trade to make money like NZD/USD, EUR/USD. Often i choose to trade the pairs which match my risk tolerance.

    When I made the Trade, Entry Signal and timing is very important for me so i keep track record to keep trade record of my patience. And here i will discuss about the entry signal and timing of entry. Risk reward ratio badly screwed if a trade is made on the wrong time. I will also discuss why i choose this specific time.

    Targets, Both stop loss and take profit are important to risk management and it can disturb my profit discipline. If one of my trade is working well then it is imperative to hold that trade until my analysis tell me to exit from that trade, It is important to discuss the TP and SL in detail with each and every trade, so we do same here.

    Trade Management, a good idea poorly managed become the main reason of failure for many of trades, i manage my trades well to take maximum output from then. Here i will discuss that how i manage the individual trade.


    Short Introduction of Trading Strategy

    I totally depend on the VSA/Wyckoff Trading principles, because i believe that VSA is about looking behind the chart, and using what I see to construct an overview of what the major players are trying to achieve. Here i will discuss about three basic principles of Wyckoff 1: The Law of Supply and Demand, 2: The Law of Cause and Effect 3: The law of Efforts Vs Results, here i will discuss that what i find on charts and where i search for these all on my chart. When i select a pair i depend on the five principles of Richard Wyckoff. For the risk and money management i depend at my own, for this purpose i use excel sheet which help me to calculate the exact volume size according to my SL.


    Planning and Mind Pattern modification.

    I believe that these two only can be modified when I share my thoughts with others and get input from them this can help me to change my habits from destructive to constructive. You are requested to share your views on each and every level so it can help me to change unwanted things and habits as well as it will bring more confidence in me to make profitable trades. When i put my trading psychology in words there it will become easy to get suggestion on that and so i can modify that with ease.
    Welcome to trading journal section kashifrehman
    You are adopting Richard Wyckoff's way to analyzing market movement, i think you should show screenshot for us to know 4 distinct phases or Wyckoff logic (Accumulation, Mark Up, Distribution, Mark Down) so we will be able to learn and understand easily. This can add knowledge to members here in analyzing market with different perspectives. I will wait for your next journal update and it will be interesting.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. 11 users say Thank You to dedy hari kurniawan for this useful post.

    ashraff (23-09-2018), azmassi (12-03-2018), Batavia (12-03-2018), kashifrehman (11-03-2018), moneygrows (12-03-2018), Sixteen (12-03-2018), Sonia321 (11-03-2019)

  8. #5 You can automatically minimize the read posts in your account in the 'Forum Settings'
    It's time to retire!
    I am:
     
    NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle has a reputation beyond repute NikitaBelle's Avatar
    Join Date
    Dec 2010
    Posts
    40,524
    Accumulated bonus
    11119 USD (What is this?)
    caught pokemons
    34 (What is this?)
    Thanks
    42,796
    Thanked 27,441 Times in 7,496 Posts
    SubscribeSubscribe
    Subsribed 0
    Quote Originally Posted by kashifrehman     
    Introduction

    Dear Fellow Traders i am trading forex spot and metals from previous eight years, I created this trading journal to share my trades with you, and to take input from you people to make my strategy better and off course this will also serve as learning material for new ones. How to make it successfully is a biggest question in this market that i will try to answer here.

    Basic Purpose of This Trading Journal

    Why the Trade was made (Basic Idea Behind Trade), if i find a good trading idea then other things become less important. When i enter into a trade for me that means that i am fully convinced with my idea that it will generate profits for me. When i admit the idea there i prone to convince myself a mediocre idea is good.

    The pair i trade, the basic pair that i trade to make money like NZD/USD, EUR/USD. Often i choose to trade the pairs which match my risk tolerance.

    When I made the Trade, Entry Signal and timing is very important for me so i keep track record to keep trade record of my patience. And here i will discuss about the entry signal and timing of entry. Risk reward ratio badly screwed if a trade is made on the wrong time. I will also discuss why i choose this specific time.

    Targets, Both stop loss and take profit are important to risk management and it can disturb my profit discipline. If one of my trade is working well then it is imperative to hold that trade until my analysis tell me to exit from that trade, It is important to discuss the TP and SL in detail with each and every trade, so we do same here.

    Trade Management, a good idea poorly managed become the main reason of failure for many of trades, i manage my trades well to take maximum output from then. Here i will discuss that how i manage the individual trade.


    Short Introduction of Trading Strategy

    I totally depend on the VSA/Wyckoff Trading principles, because i believe that VSA is about looking behind the chart, and using what I see to construct an overview of what the major players are trying to achieve. Here i will discuss about three basic principles of Wyckoff 1: The Law of Supply and Demand, 2: The Law of Cause and Effect 3: The law of Efforts Vs Results, here i will discuss that what i find on charts and where i search for these all on my chart. When i select a pair i depend on the five principles of Richard Wyckoff. For the risk and money management i depend at my own, for this purpose i use excel sheet which help me to calculate the exact volume size according to my SL.


    Planning and Mind Pattern modification.

    I believe that these two only can be modified when I share my thoughts with others and get input from them this can help me to change my habits from destructive to constructive. You are requested to share your views on each and every level so it can help me to change unwanted things and habits as well as it will bring more confidence in me to make profitable trades. When i put my trading psychology in words there it will become easy to get suggestion on that and so i can modify that with ease.
    Interesting journal my friend! Welcome to the journal section!

    With you caliber of experience and knowledge in forex trading I certainly can learn from you a thing or two. It's an interesting journal indeed and you discuss VSA and Wyckoff method of trading which I only heard today. Well, that is surely a very interesting style of trading. Am looking forward to learn more from you. Needs chart screenshot to understand better what is it all about.

    Enjoy your journal brother!
    Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


  9. 8 users say Thank You to NikitaBelle for this useful post.

    ashraff (23-09-2018), Batavia (12-03-2018), Jamalah (19-11-2018), kashifrehman (12-03-2018), matrixino (31-01-2019), moneygrows (12-03-2018), Sixteen (12-03-2018), Sonia321 (11-03-2019)

  10. #6 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Banned
    I am:
     
    Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen has a reputation beyond repute Sixteen's Avatar
    Join Date
    Dec 2014
    Posts
    14,402
    Accumulated bonus
    3946 USD (What is this?)
    Thanks
    5,335
    Thanked 4,819 Times in 1,161 Posts
    SubscribeSubscribe
    Subsribed 0
    Quote Originally Posted by kashifrehman     
    Introduction

    Dear Fellow Traders i am trading forex spot and metals from previous eight years, I created this trading journal to share my trades with you, and to take input from you people to make my strategy better and off course this will also serve as learning material for new ones. How to make it successfully is a biggest question in this market that i will try to answer here.

    Basic Purpose of This Trading Journal

    Why the Trade was made (Basic Idea Behind Trade), if i find a good trading idea then other things become less important. When i enter into a trade for me that means that i am fully convinced with my idea that it will generate profits for me. When i admit the idea there i prone to convince myself a mediocre idea is good.

    The pair i trade, the basic pair that i trade to make money like NZD/USD, EUR/USD. Often i choose to trade the pairs which match my risk tolerance.

    When I made the Trade, Entry Signal and timing is very important for me so i keep track record to keep trade record of my patience. And here i will discuss about the entry signal and timing of entry. Risk reward ratio badly screwed if a trade is made on the wrong time. I will also discuss why i choose this specific time.

    Targets, Both stop loss and take profit are important to risk management and it can disturb my profit discipline. If one of my trade is working well then it is imperative to hold that trade until my analysis tell me to exit from that trade, It is important to discuss the TP and SL in detail with each and every trade, so we do same here.

    Trade Management, a good idea poorly managed become the main reason of failure for many of trades, i manage my trades well to take maximum output from then. Here i will discuss that how i manage the individual trade.


    Short Introduction of Trading Strategy

    I totally depend on the VSA/Wyckoff Trading principles, because i believe that VSA is about looking behind the chart, and using what I see to construct an overview of what the major players are trying to achieve. Here i will discuss about three basic principles of Wyckoff 1: The Law of Supply and Demand, 2: The Law of Cause and Effect 3: The law of Efforts Vs Results, here i will discuss that what i find on charts and where i search for these all on my chart. When i select a pair i depend on the five principles of Richard Wyckoff. For the risk and money management i depend at my own, for this purpose i use excel sheet which help me to calculate the exact volume size according to my SL.


    Planning and Mind Pattern modification.

    I believe that these two only can be modified when I share my thoughts with others and get input from them this can help me to change my habits from destructive to constructive. You are requested to share your views on each and every level so it can help me to change unwanted things and habits as well as it will bring more confidence in me to make profitable trades. When i put my trading psychology in words there it will become easy to get suggestion on that and so i can modify that with ease.
    A good welcome to this trading journal section. From the look of things it seems you have new packages that could entice lots of traders in this forum to learn from you. There are so many new ideas I feel we all can learn from you and from the number of years you have spent in forex, it shows you know what you are doing and your knowledge can add something good for all of us.

    Do enjoy your stay here as we hope to see how you approach your trades and how your experience can be profitable to not just you but to all of us. Welcome once again and rock on.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  11. 5 users say Thank You to Sixteen for this useful post.

    ashraff (23-09-2018), Batavia (12-03-2018), dedy hari kurniawan (12-03-2018), kashifrehman (12-03-2018), moneygrows (12-03-2018)

  12. #7 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Administrator
    I am:
     
    Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz has a reputation beyond repute Aviz's Avatar
    Join Date
    Dec 2010
    Posts
    14,227
    Thanks
    15,984
    Thanked 37,229 Times in 7,977 Posts
    Quote Originally Posted by kashifrehman     
    Introduction

    Dear Fellow Traders i am trading forex spot and metals from previous eight years, I created this trading journal to share my trades with you, and to take input from you people to make my strategy better and off course this will also serve as learning material for new ones. How to make it successfully is a biggest question in this market that i will try to answer here.

    Basic Purpose of This Trading Journal

    Why the Trade was made (Basic Idea Behind Trade), if i find a good trading idea then other things become less important. When i enter into a trade for me that means that i am fully convinced with my idea that it will generate profits for me. When i admit the idea there i prone to convince myself a mediocre idea is good.

    The pair i trade, the basic pair that i trade to make money like NZD/USD, EUR/USD. Often i choose to trade the pairs which match my risk tolerance.

    When I made the Trade, Entry Signal and timing is very important for me so i keep track record to keep trade record of my patience. And here i will discuss about the entry signal and timing of entry. Risk reward ratio badly screwed if a trade is made on the wrong time. I will also discuss why i choose this specific time.

    Targets, Both stop loss and take profit are important to risk management and it can disturb my profit discipline. If one of my trade is working well then it is imperative to hold that trade until my analysis tell me to exit from that trade, It is important to discuss the TP and SL in detail with each and every trade, so we do same here.

    Trade Management, a good idea poorly managed become the main reason of failure for many of trades, i manage my trades well to take maximum output from then. Here i will discuss that how i manage the individual trade.


    Short Introduction of Trading Strategy

    I totally depend on the VSA/Wyckoff Trading principles, because i believe that VSA is about looking behind the chart, and using what I see to construct an overview of what the major players are trying to achieve. Here i will discuss about three basic principles of Wyckoff 1: The Law of Supply and Demand, 2: The Law of Cause and Effect 3: The law of Efforts Vs Results, here i will discuss that what i find on charts and where i search for these all on my chart. When i select a pair i depend on the five principles of Richard Wyckoff. For the risk and money management i depend at my own, for this purpose i use excel sheet which help me to calculate the exact volume size according to my SL.


    Planning and Mind Pattern modification.

    I believe that these two only can be modified when I share my thoughts with others and get input from them this can help me to change my habits from destructive to constructive. You are requested to share your views on each and every level so it can help me to change unwanted things and habits as well as it will bring more confidence in me to make profitable trades. When i put my trading psychology in words there it will become easy to get suggestion on that and so i can modify that with ease.
    Welcome to the journal mate... I hope to see some good trades and good results. I wish you good luck. Your trading strategy looks new to me.. Willing to learn some good things from your journal.


  13. 6 users say Thank You to Aviz for this useful post.

    ashraff (23-09-2018), Batavia (12-03-2018), kashifrehman (12-03-2018), moneygrows (12-03-2018), Sixteen (12-03-2018)

  14. #8 You can automatically minimize the read posts in your account in the 'Forum Settings'
    Forum Master
    I am:
     
    Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia has a reputation beyond repute Batavia's Avatar
    Join Date
    Feb 2011
    Posts
    7,839
    Accumulated bonus
    2438 USD (What is this?)
    caught pokemons
    1 (What is this?)
    Thanks
    3,026
    Thanked 3,124 Times in 1,160 Posts
    SubscribeSubscribe
    Subsribed 0
    welcome to journal trading section Mr.kashifrehman, this is interesting you have eight years experience and i think it will gonna be easy for you to trade in this market, ok am waiting for update and i hope you also want to share your knowledge.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  15. 5 users say Thank You to Batavia for this useful post.

    ashraff (23-09-2018), dedy hari kurniawan (12-03-2018), kashifrehman (12-03-2018), moneygrows (12-03-2018), Sixteen (12-03-2018)

  16. #9 You can automatically minimize the read posts in your account in the 'Forum Settings'
    It's time to retire!
    I am:
     
    moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows has a reputation beyond repute moneygrows's Avatar
    Join Date
    Mar 2011
    Posts
    12,523
    Accumulated bonus
    2532 USD (What is this?)
    caught pokemons
    9 (What is this?)
    Thanks
    37,507
    Thanked 22,918 Times in 5,628 Posts
    SubscribeSubscribe
    Subsribed 1
    Parked. Waiting to read one of your analysis soon. Good luck with the journal and try to have some fun while doing it!


  17. 5 users say Thank You to moneygrows for this useful post.

    ashraff (23-09-2018), Batavia (12-03-2018), dedy hari kurniawan (12-03-2018), kashifrehman (12-03-2018), Sixteen (12-03-2018)

  18. #10 You can automatically minimize the read posts in your account in the 'Forum Settings'
    I am:
     
    PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79 has a reputation beyond repute PhantomTrader79's Avatar
    Join Date
    Feb 2011
    Posts
    17,409
    Accumulated bonus
    4328 USD (What is this?)
    Thanks
    42,844
    Thanked 37,970 Times in 8,517 Posts
    SubscribeSubscribe
    Subsribed 16
    Quote Originally Posted by kashifrehman     
    Introduction

    Dear Fellow Traders i am trading forex spot and metals from previous eight years, I created this trading journal to share my trades with you, and to take input from you people to make my strategy better and off course this will also serve as learning material for new ones. How to make it successfully is a biggest question in this market that i will try to answer here.

    Basic Purpose of This Trading Journal

    Why the Trade was made (Basic Idea Behind Trade), if i find a good trading idea then other things become less important. When i enter into a trade for me that means that i am fully convinced with my idea that it will generate profits for me. When i admit the idea there i prone to convince myself a mediocre idea is good.

    The pair i trade, the basic pair that i trade to make money like NZD/USD, EUR/USD. Often i choose to trade the pairs which match my risk tolerance.

    When I made the Trade, Entry Signal and timing is very important for me so i keep track record to keep trade record of my patience. And here i will discuss about the entry signal and timing of entry. Risk reward ratio badly screwed if a trade is made on the wrong time. I will also discuss why i choose this specific time.

    Targets, Both stop loss and take profit are important to risk management and it can disturb my profit discipline. If one of my trade is working well then it is imperative to hold that trade until my analysis tell me to exit from that trade, It is important to discuss the TP and SL in detail with each and every trade, so we do same here.

    Trade Management, a good idea poorly managed become the main reason of failure for many of trades, i manage my trades well to take maximum output from then. Here i will discuss that how i manage the individual trade.


    Short Introduction of Trading Strategy

    I totally depend on the VSA/Wyckoff Trading principles, because i believe that VSA is about looking behind the chart, and using what I see to construct an overview of what the major players are trying to achieve. Here i will discuss about three basic principles of Wyckoff 1: The Law of Supply and Demand, 2: The Law of Cause and Effect 3: The law of Efforts Vs Results, here i will discuss that what i find on charts and where i search for these all on my chart. When i select a pair i depend on the five principles of Richard Wyckoff. For the risk and money management i depend at my own, for this purpose i use excel sheet which help me to calculate the exact volume size according to my SL.


    Planning and Mind Pattern modification.

    I believe that these two only can be modified when I share my thoughts with others and get input from them this can help me to change my habits from destructive to constructive. You are requested to share your views on each and every level so it can help me to change unwanted things and habits as well as it will bring more confidence in me to make profitable trades. When i put my trading psychology in words there it will become easy to get suggestion on that and so i can modify that with ease.
    Welcome to the Trading Journal section mate!
    I like the fact that you chose to put that info at the bottom of your 1st post, not many people put importance on this subject but it's actually crucial.
    I'm looking forward to reading good stuff from this stuff!


  19. 4 users say Thank You to PhantomTrader79 for this useful post.

    ashraff (23-09-2018), kashifrehman (12-03-2018), lebouziramzinio (12-04-2019), moneygrows (16-03-2018)

Reply to thread
Page 1 of 233 1 2 3 6

Subscribed to this Thread : 11

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts