My Forex Journal

Here are this weeks numbers.....
Thanks for following

Have a great weekend my friends:thumbsup:
 

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Here are this weeks numbers.....
Thanks for following

Have a great weekend my friends:thumbsup:

You're brilliant, Wiz !
So you're a genuine profitable trader after all.

By the way, I can see that you rely on your system to initiate your trades. But I have not observed your risk management system yet. Do you employ some risk management or what kind of risk management did you use when you worked for bank (and do you still follow it)? I think Banks would not allow big losses.
 
You're brilliant, Wiz !
So you're a genuine profitable trader after all.

By the way, I can see that you rely on your system to initiate your trades. But I have not observed your risk management system yet. Do you employ some risk management or what kind of risk management did you use when you worked for bank (and do you still follow it)? I think Banks would not allow big losses.

Thank you for your kind words victorycountry. If you notice my positions are sized that is part of my risk management, if you look on my first post I explain it. Of course when I work for the bank or other private equity it is a lot less unless the investor wants a higher risk. Me I have learned over the years to be concervative.
Here I am risking 3% per trade max, but most of the times I am out way before.
 
Silver gapped down hard. Gold to follow? USD/CHF choppy, choppy. Bear flags euro, pound, Aussie. Cad cup with handle on 15. Looks like it might be ready to reverse. That's what I see right now.
 
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