Tiny account but serious approach 2017
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Thread: Tiny account but serious approach 2017

  1. #1
    I always say that now it will be as planned. I don't stop trying.

    My trading plan:Pairs to trade: EUR/USD,USD/CAD,AUD/USD,GBP/USD,USD/PLN, XAU/USD,*NZD/USD Position size: 0,01 for each 100$ in account* What R/R: 2:1 or more Monthly goal: 7 percent of profit Don't change SL level during trade, looking for great setup at support/resistance line/zone as continuation of fashion. * - changed 26.01.2018

  2. #2


    Trend UP, Input trade on Service zone.

    I shall present my account balance as a candlestick chart. Beginning from 149. Monthly chart. I am aware there's a trade explorer here but my way is simple and minimalist.

  3. #3
    #1 trade EUR/USD closed 1.1859 35

  4. #4
    #2
    OPEN TRADENZD/USD sell 0.7369

  5. #5
    Quote Originally Posted by ;
    #2 OPEN TRADE NZD/USD market 0.7369 picture
    Hello there Gopixus,

    Only a reminder NZD/USD wasnt in your trading plan in your very first article

    And 0.01 lot every 100 USD is far too much to risk. You can double the account or blow off the account within weeks should you use that leverage. So I dont think u will be close \- 7%.

    I wish you good luck and green pips

  6. #6
    Throwing some things for you to consider. concerning position size, I don't think you should possess a predetermined lot size depending on your own trading account size. The stoploss should be taken into account. Trading 0.01 with a SL of 20 pips will be risking roughly 2% ($ two ) of your own $100 account, but a SL of 100 pips will be risking approximately 10 percent ($10). Also, you are trading on a Daily chart, which means that your SL will most probably be large. You would be risking far too much per trade. I do not think you can realistically exchange a $100 account on the Daily chart.

  7. #7
    Actually my risk is roughly 4% per transaction (such as 120 pips SL on preceding trade). I simply deposit more funds to be calm. Thank you for your maintenance NZD/USD? Yes, there's absolutely no pair in my plan but it should be I will show my trade explorer when more than a dozen will be shut.
    Cheers!

  8. #8
    #3
    OPEN TRADEUSD/PLN buy 3.3362

  9. #9
    #3
    CLOSED TRADE usd/pln sl @ 3.3200
    -16.40
    Quote Originally Posted by ;
    quote Hi there, Just a reminder NZD/USD wasnt on your trading plan on your very first article And 0.01 lot every 100 USD is far too much to risk. You can double the account or blow off the account within weeks if you use that leverage. So I dont believe u will be near \- 7%. I wish you great luck and green pips
    I do not feel that 0,01 is too large for 100$ account. My equilibrium is converstion into USD is roughly $150 and 0,01 is okay, that's 4% risk therefore only - safe



    Rollercoaster but on my side. Strategy is a plan. Hold to 2R.

  10. #10
    NZD/USD TRADE UPDATE : I just move SL into 0.7335. It takes a long time and I really don't need to lose with this transaction. Market is too undecided this time so I take a sparrow in my hands.

    The dimensions of currency account and quantity of trade isn't the most essential. The most important would be to sleep good (excluding my crying kids at night) with my open positions. Period of creating money fast and greedy quantity - it is behind me. I know that if I'll earn money month after month with my egy when I will boost quantity. This is the start of the path - 2018. Where it can lead me? We will see.

    Weekly candles looking good. Fibo is a range?


    07/02
    Things to improve:
    Yesterday I changed sl level because. Reason? Too often looking on charts - wrong!

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