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    Journal of a 90% win rate trader

    I don't trade a martingale system, just have a big cash reserve. I usually only close out trades when it passes a certain value depending on how much that trade is worth, or breaks through a range channel. I only scale into and out of my trades when they are in profit, never when they are bad...
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    How I can start Forex Trading?

    Start a demo account alongside a micro $1 account.
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    Demo account or Micro ?

    Do both!
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    ... but is it doable in reality ?

    Forex is doable YES! Why I like price action trading the most is because it lets you evaluate trades quickly without any extemporaneous details and things cluttering up your screen. Indicators can provide value though, and are good to use especially for new traders. Ultimately you will find...
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    Journal of a 90% win rate trader

    Account right now is around $7,300. Made like $680 last week. Should be over $12k by May or earlier if things go well. In case people got confused with me posting trades from a year ago, this is a journal that I have kept in real time on other forums, forexfactory mainly, also babypips and...
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    Journal of a 90% win rate trader

    I don't have those records or screen shots available. It was good trades, but lower value accounts back then. Obviously I have trades that go against me too, not saying I am perfect. I have most of my net worth tied up in my stocks. I used to just trade forex for fun money, using a couple...
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    Journal of a 90% win rate trader

    Thanks, I appreciate the kind words. From all the years I have been trading and from other forums and talks, most people didn't want to see small value trades or poor weeks. I can't even post my trade totals anymore because Oanda removed that account tool. I am a pretty transparent and...
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    Journal of a 90% win rate trader

    Thanks, definitely less trading this year with a busier job and after my promotion. Will have more time to trade in 2022.
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    Money Management in Forex

    Agree 100%. Bankroll management is very overlooked by most traders. It is right up there with trader psychology, position sizing, market operational bias, as the most important steps to consistent profitability.
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    90% failing rate , its true ?

    I bet it is even higher than 95%. Forex is THE HARDEST way to make money from trading. Every single person I have tried to get into forex has given up, I get people messaging me for a few weeks, then *poof* they are gone.
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    Some tips about choosing Brokers.

    I have been using Oanda for over seven years, they have been great.
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    How I can start Forex Trading?

    After seven profitable years, it is a hard way to make money. It is in a lot of ways how game difficulty adjusts upward as well. Why I tell people my background in competitive gaming, and poker playing has a lot of overlap in skills. I continuously diversify and trade my profits into stocks...
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    Journal of a 90% win rate trader

    Historical trade: This was my best period last year in 2020, $20k+ in just about three months from August through October:
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    Journal of a 90% win rate trader

    Historical trade week of Oct 8th 2020:
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    Journal of a 90% win rate trader

    Historical trade October 3rd: This was my second best week ever, in terms of profits. Celebrating this weekend obviously lol
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    Journal of a 90% win rate trader

    Historical trade from end of August 2020: This was a great week I had a little while ago.
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    Journal of a 90% win rate trader

    Here is a historical trade from March-April of 2020: This was a good run I had earlier this year.
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    Journal of a 90% win rate trader

    Week of September 30: Been busy with work (yay promotion lol ), and investing heavily into other assets (pulled my money out to invest), starting back up my forex now. Threw in $100 Sunday night to get the cobwebs cleared out, up to $135 as of this morning. Will start adding in around $500 a...
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    Journal of a 90% win rate trader

    I have really low expenses, like $1.5k fixed monthly costs. So theses are all covered by part of just one of my paychecks.
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    Journal of a 90% win rate trader

    How I trade is a simple thing. The best way to trade well is to control the mental side. I am a contrarian price action intraday trader. I scale into my trades with a top down approach from monthly/weekly. Look for good setups versus daily levels and entry off the hour, maybe down to 15 min...
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