Bluesouls Trading Journal

[Oxmla]

Trading System pending testing.

Post under was composed in 2010 when started this thread.
Hi,

Currently I am studying a few excellent Novels, and I will begin trading on demo account by 1st Nov 2010.
Live Account begins after 3 weeks.


I have just finished Elder's Come into my Trading Room.
Next week target is Tharp's Super Trader

Thanks to for suggesting Authors and your support.
Thanks for information , , Fontu, Skyzerfx.

Within the next post I can post my aims for the month of November 2010.

[Oxmla]

I've Altered the Program on a Buddy's Information,
currently I am studying Trading in The Zone by Mark Douglas,
Next week to Get Super Trader

[jalika97]

Have fun with it. Trading at the zone is my favorite. .

Remember do not over complie matters....Keep all simple

[Oxmla]

Thank you Dear,

In fact I find it similar to Anthony Robbins (Self Improvement Coach),
and really learning and getting a lot from Mark Douglas, as I am an older student of self development and belief systems, so its quite easy for me to relate,
Feeling luck and thankful to DMA as he suggested that this publiion at the ideal TIME.

[Spexxoxn]

My Expertise:

1. Patterns are important to understand
2. You dont learn until you go live i.e. demos are useless
3. Indiors are useless
4. Do not exchange for a year from your start date otherwise loosing money is rather simple in this business.
5. Keep looking at charts they will tell you how to trade

GL

[Oxmla]

My experience:

1. Patterns are most important to understand
2. You dont learn before you go live i.e. demos are unworthy
3. Indiors are unworthy
4. Do not exchange for one year from your beginning date otherwise loosing money is quite easy in this enterprise.
5. Keep looking at charts they will tell you how to trade

GL Thanks Swing,
what do u mean by Stage 4?

[Spexxoxn]

Thanks Swing,
what do u mean by Point 4? 4 means that trading is a profession and there are ppl that are making their living out of it i.e. professional traders, such as you do technology level for 4 decades and then you receive a job and you begin earning therefore 4 countries that (may be) one year serious study of currency trading could begin bringing you some money, should you start before you may loose it. Finest way to go for it is to start micro lot account with might be usd100/-or less and exchange for a year which should provide you good enough experience prior to getting on to larger lots. Recall 95% traders do not succeed in this business and they are those (I think) with less than 1yr experience trying to make big money blowing away their accounts but still there are 1 to 2 percent that are earning huge and that's because of their expertise. Secret to trading: minimum loss maximum profit RR i.e entries ought to be exact. GL

[Oxmla]

4 signifies trading is a profession and there are ppl that are making their living from it i.e. professional traders, like you do engineering degree for 4 decades and then you receive work and you begin earning therefore 4 countries that (can be) one year serious study of currency trading would begin earning you some cash, should you start before you will loose it. Best thing to do for it is to start lot account together with might be usd100/-or less and exchange for a year that should provide you good enough experience before getting on to bigger lots. Remember 95% traders... Thanks a lot, helpful and accurate penetration,
I heard about this company in 2002, first trade over a friend's account on floor which was win, rather good win. I stopped there and came back to home opened a demo account and practiced it by doubling the account in 25 days,
and then in 3 days account went to 0. Https://www.nigeriaforextrading.com/attachments/1527417632.png that was the time once I decided, there's not any fantastic company than trading. I made a target at that moment, that after getting established and completing my study this business will be started by me. I am earning good out of my job. And saving a few, so I will do it very slowly with the slogan of |LEARNING,EARNING,SHARING|.
Occasionally I'm very tempted to deposit huge funds in account, but then I'm effective in creating myself understand no, the time hasn't came yet. Sometime I do it at my own, and sometimes someone like you assist me to come from the plogical state.

Today I have pulled exactly 900 $ from my account and that is a micro account. Now the balance is 3.63 $. I cant put 0.1k trade also.
I understand its not a fantastic way to prevent myself but at least encouraging me to focus on proper way of doing business. Anyways I know that its a component of company, encounters have been passed through by everyone , so is your mine case.


AS I mentioned in 1st post that I will practice demo, so I will probably do this at least for 3 weeks. And I agree that in demonion you practice trading(flexible with rules) without feelings. SO reside is real, one has to practice on live though with places that are little.

So its the beginning of journey, will be around here often https://www.nigeriaforextrading.com/attachments/1527417632.png

[Oxmla]

Done with Trading at the ZONE

In depth understanding of one's experience and Monitoring. Its worth reading again and again, specially once you go against yours obligations.

One of my old quotes One the biggest sin is to lie to your self

Now launching Super Trader from THARP,

[Oxmla]

Correction:

Among my own Quotes Among the Greatest sin is to lie to your self

[Oxmla]

Nearly half of this novel, that will be Part 1 talks about working on yourself. If I compare Van Tharp Douglas, I discovered Douglas more concentrated and profound. Tharp is also great but as of my experience I was more focused while studying Trading in the Zone compared to Super Trader. I am on old writer and student of Self-Development and Self Belief books, so I am very enthusiastic about trading like I discovered one's own personality matters a lot in trading. I can say easily that its very easy for me to digest the ideas and principles taught by trading coaches plogists than anyone who is new to self confidence and self development expertise.
I am believer of the because of good writers or coaches whom I met in books and seminars, but by experiences and achievements. This is one that is rooted somewhere deep in Higher Truths.

[Oxmla]

After finishing the whole book Super Trader, I discovered Tharp vision regarding business plan is very clear and deep. When compared to his pressure on Self Belief, the material provided by him at the first half of book is not sufficient. However, I really appreciate his clarity about all aspects of becoming a Super Trader. After studying the second half, in which he talks about business program, I have altered my plan of beginning demo trading in November.
It took me some time to pick, as my ego was screaming to start and not to deny my first article here, but I came out of the emotional choice.

Now I must read 2 more books and then read all these 5 novels thrice at least.

Then I will start working on my self and beliefs about self and market as edued by Van Tharp.

[Oxmla]

After analyzing trading books, I must return to refer Anthony Robbins.
I will be working on Self Development before I create a system, I find the entire process quite interesting. This may sound strange to some traders, but I have to. And I don't have any fear because I believe I am in the right direction.

And to begin my trading business I will do anything is needed. Time, Study, Practice, and covering all known factors. Without compromising a piece.
I've a egy to do this business for a very long term. So, it may take longer to prepare my self and a complete business plan.

[Oxmla]

Back to the film again, lets see what happens now https://www.nigeriaforextrading.com/attachments/1527417632.png

[Oxmla]

Acceptance, and Risk Will Be the keys to success in Trading.
Failed to trade live in last 3 years. Have been trading on demonion.
Now prepared to develop a trading program and start trading.

[Oxmla]

Launched Trading News.
GBP: Average Earnings Index 3m/y
GBP/USD: 23 pips (6 Seconds)
GBP/JPY: 23 Pips (02:46 moments )

Next News: USD 4:30PM Today
https://www.nigeriaforextrading.com/attachments/15274176391644947946.png

[Oxmla]

Launched Trading News. GBP: Average Earnings Index 3m/y GBP/USD: 23 pips (6 Minutes ) GBP/JPY: 23 Pips (02:46 moments ) Next News: USD 4:30PM Today image But it's high risk trading.

[Oxmla]

Trading System and Plan is Prepared.
Trading system is Volume Spread Analysis (VSA).

Will post trading plan soon.

[Oxmla]

https://www.youtube.com/embed/lp-EO5I60KA?origin=https://www.nigeriaforextrading.com

[Oxmla]

EJ long entry above 133.25
Entrance Form: Aggressive

TP 133.80, 134 and 134.20
SL 132.50 (manual shut below 132.90
https://www.nigeriaforextrading.com/attachments/1527417640859019833.jpg

[Oxmla]

USDCAD short ceased 1.2318 21 pips.
EJ closed for 10 pips not moving, will assess after 30 mins.

GJ Stopped out 151.75 30 pips, will buy again following US open.
Bought on breakout of small accumulation zone (range) best green line 151.45
https://www.nigeriaforextrading.com/attachments/15274179761307680962.jpg

[Oxmla]

First Profitable Month.
This month's Profit 336.29% - Sep-2017.
https://www.nigeriaforextrading.com/attachments/1527417970.jpg