Jpeters copyfx journal
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  1. #1
    Trader juniorpeters's Avatar
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    Jpeters copyfx journal

    Jpeters (2947945)
    Trader: Jpeters https://my.roboforex.com/en/copyfx/p...rs/show/40968/
    Account number: 2947945
    Server name: RoboForex-Pro
    Account type: CopyFx MT4 Pro-Standard
    Leverage: 1:500
    Funds: 115.26 USD
    Rating: https://www.copyfx.com/ratings/rating-all/show/40968/

    Description of the subscription conditions:
    Scheme: Trader on profit
    Added on: 11 July 2018 16:43:35
    Started on: 11 July 2018 16:43:35
    Risk level: Minimum
    Commission for profit: 20 %
    Amount of minimum deposit: 100 USD
    Investment period: 4 weeks

    on this my copyfx account i will be using a price action trading strategy and only one indicator which is moving average. i will be looking for a price action signal in line with the trend but if there is non like for some time now i have not seen any,i will be trading inside bar strategy and that will be only on a daily time frame as time goes on i will be posting my every trades both profit and loss.

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  2. #2
    Trader juniorpeters's Avatar
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    my current trade on nzd/jpy i took the trade based on the breakout of the mother bar

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    here is another breakout of mother bar on gbp/jpy running in profit hoping to hit take profit by next week

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    Trader juniorpeters's Avatar
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    got to lose back all the profit i made,even lost my fund from taking wrong trades but its fine i will recover am just gonna avoid taking trades for a while and wait for the best trading set up.

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    Trader musiliu's Avatar
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    Quote Originally Posted by juniorpeters View Post


    got to lose back all the profit i made,even lost my fund from taking wrong trades but its fine i will recover am just gonna avoid taking trades for a while and wait for the best trading set up.
    loss is normal in any profitable trading strategy, accept the loss and bounce back again, I like your strategy, you chart is very neat, it seems you are price action trader. just make sure you are using a good money management plan so that the loss will not eat up all your capital and also so that you can recover from the loss quickly

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    Always have realistic DREAMS!

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    Trader cutiekc's Avatar
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    got to lose back all the profit i made,even lost my fund from taking wrong trades but its fine i will recover am just gonna avoid taking trades for a while and wait for the best trading set up.[/QUOTE]

    Losses is common, in as much as you don't let it get too much. I must say that you are really a good trader because I can see that you have got the losses in control in such a way that you are making use of less lots and that is a good way to trade in the market. Furthermore, I will suggest that you make a good analysis and then make the evaluation to comprehend the reason for the losses.

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  7. #7
    Trader juniorpeters's Avatar
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    Quote Originally Posted by musiliu View Post
    loss is normal in any profitable trading strategy, accept the loss and bounce back again, I like your strategy, you chart is very neat, it seems you are price action trader. just make sure you are using a good money management plan so that the loss will not eat up all your capital and also so that you can recover from the loss quickly
    thanks for the chilling advise mate i really appreciate it.yea am a price action but i still find it difficult to wait for daily inside bar and pin bar to show up that's why i get things all messed up so now i think 4hrs and daily will be my target from now on nothing on smaller time frame anymore.

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    Quote Originally Posted by cutiekc View Post
    got to lose back all the profit i made,even lost my fund from taking wrong trades but its fine i will recover am just gonna avoid taking trades for a while and wait for the best trading set up.
    Losses is common, in as much as you don't let it get too much. I must say that you are really a good trader because I can see that you have got the losses in control in such a way that you are making use of less lots and that is a good way to trade in the market. Furthermore, I will suggest that you make a good analysis and then make the evaluation to comprehend the reason for the losses.[/QUOTE]

    thanks mate! well i just follow risk management i can't risk more than what 0.01 because of my account balance but that doesn't mean that if i see what really interest me in the market i wouldn't risk more. i think why i have been losing lately is because i trade smaller time frames so am gonna make an adjustment.

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    here's my current trade with my other strategy pin bar in line with the trend a very powerful signal that doesn't show up every time except there is an exiting trend.

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  8. #8
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    using of price action with the moving average will make trading better because both the moving average and the price action will give good confirmation for the trend and for determination of the good trading positions, so trading will be more strong and more profitable and so the trader can make more and more money easily and continuously.

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  9. #9
    Trader juniorpeters's Avatar
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    Quote Originally Posted by sameeh View Post
    using of price action with the moving average will make trading better because both the moving average and the price action will give good confirmation for the trend and for determination of the good trading positions, so trading will be more strong and more profitable and so the trader can make more and more money easily and continuously.
    yea its a good trading strategy but i am using too many strategies on this account that's why i am having all this loses so now i will be sticking to just one strategy which is moving average and price action so i can be in control of my trades and the loses i get from taking bad trades.below are the loses for today

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  10. #10
    Trader ara's Avatar
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    Quote Originally Posted by juniorpeters View Post



    here's my current trade with my other strategy pin bar in line with the trend a very powerful signal that doesn't show up every time except there is an exiting trend.
    Excuse me, can you display full chart, I can't see what pair you are traded, and also I can't see if it is buy or sell position.

    Overall I really enjoy to see your style in managing this account. It looks simple, lets the profit run and cut the small loss. You've got some loss trades, I think you can cover it in just one or two trades immediately, because you apply a good risk reward ratio.

    Best of luck my mate....

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