Just followin the fashion and starting my own journal.
The point of it is to track previous results, mistakes and other stuff if needed later.
I trade forex for 4+ years already now. Last 2 are in consistent monthly profit. I trade mainly patterns. macd is the only thing I use and its only for confirmation, sometimes I place a trade not looking at this indi.
The reason I want to switch from currency markets to stocks is the quantity of instruments. I mean sometimes I cant place a trade for a few weeks in forex just because my perfect setup didnt come up. There is no doubt that there are much more stocks which can draw a sexy chart. And I want to check that out. If it works well Im going to close my forex accounts with the years end and trade stocks only.
So Im gonna papertrade with 100k using thinkorswim platform and still trade forex live. But I will place only trades for stocks because thats the field where I want to do some research and want to concentrate completely on that.
Who are not interested in paper-journal - feel free not to post here and follow it. I mainly do it for myself. At the moment Im placing all the stuff in the separate folder, but I think it would be easier to do if I place things here. + some participants may want to coment or ask a question.
How its going to work. I will post my orders before the market is open. Usually they are done till the end of the day - either stoploss either profit. By the end of the day I will post profit or loss taken. Pictures will be attached as well.
Every friday its going to be an acc statement posted.
Will start this monday. Im going on hollidays 08.01 - 08.18, so I doubt that I will be that bored and keep posting and papertrading. So we gonna pause there.
As for now I attach some info, where I am at the moment.
The point of it is to track previous results, mistakes and other stuff if needed later.
I trade forex for 4+ years already now. Last 2 are in consistent monthly profit. I trade mainly patterns. macd is the only thing I use and its only for confirmation, sometimes I place a trade not looking at this indi.
The reason I want to switch from currency markets to stocks is the quantity of instruments. I mean sometimes I cant place a trade for a few weeks in forex just because my perfect setup didnt come up. There is no doubt that there are much more stocks which can draw a sexy chart. And I want to check that out. If it works well Im going to close my forex accounts with the years end and trade stocks only.
So Im gonna papertrade with 100k using thinkorswim platform and still trade forex live. But I will place only trades for stocks because thats the field where I want to do some research and want to concentrate completely on that.
Who are not interested in paper-journal - feel free not to post here and follow it. I mainly do it for myself. At the moment Im placing all the stuff in the separate folder, but I think it would be easier to do if I place things here. + some participants may want to coment or ask a question.
How its going to work. I will post my orders before the market is open. Usually they are done till the end of the day - either stoploss either profit. By the end of the day I will post profit or loss taken. Pictures will be attached as well.
Every friday its going to be an acc statement posted.
Will start this monday. Im going on hollidays 08.01 - 08.18, so I doubt that I will be that bored and keep posting and papertrading. So we gonna pause there.
As for now I attach some info, where I am at the moment.