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    Thread: NikitaBelle‎'s trading journal

    1. #11
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      personally i wouldn't want to be long the kiwi, i mean it is fruit right?


      The Symbiosis mashed up Trading Journal
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    2. The following 3 users say Thank You to Alexander Tatsumaki for this useful post.

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    3. #12
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      personally i wouldn't want to be long the kiwi, i mean it is fruit right?
      Yes Alexander, kiwi is a fruit and according to my researched Kiwi is the National Bird of New Zealand, correct me if I am wrong. I guess NZD/USD pair is commonly called kiwi in forex world.

      As for your opinion not to long NZD/USD pair, too bad am already in and in deep water. I will give update later regarding my current bonus account status. Stay tuned! Take care!
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


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    5. #13
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      don't worry about it. you could always employ my strategy to hedge out the positions, as i do very often. i am really waiting for somebody besides me to try out my symbiosis strategy for trading. this would be an opportunity hehe

      it would be nice to see somebody else do it at least.

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    7. #14
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      Quote Originally Posted by Alexander Tatsumaki View Post
      don't worry about it. you could always employ my strategy to hedge out the positions, as i do very often. i am really waiting for somebody besides me to try out my symbiosis strategy for trading. this would be an opportunity hehe

      it would be nice to see somebody else do it at least.
      Thanks for the tips regarding hedge Alexander, unfortunately I am in the state of my trading right now that am not always in front of my pc, so I can't monitor trades and don't know how to unlock hedge 'coz my attention and focus to my trading is very poor, I am doing so many things at the same time that the "pure focus in trading" isn't there. But in spite of my weakness and short coming, am still determined to break free from being a Margin Call Queen,hehehe. It's a long process, a work in progress...Thanks for joining me in this journey! Your input is very much appreciated!

      ********
      Update of my journal bonus account:

      *Live pic of my negative floating position as of March 25, 2016
      Name:  journal bonus account live pic.jpg
Views: 44
Size:  186.2 KB

      *And where is the current bulk of floating trades located? Take a look below in the box of my NZD/USD H1 screenshot.
      Name:  Journal h1 pic.jpg
Views: 31
Size:  111.1 KB

      @ So how am I supposed to get out from the current mess? Hmmm, I have no idea,hahaha. Btw. I will try to find a way. The market is currently very slow moving since it's Holy Week, so I just have to observe the market for now...

      Take care friends and trade safely!
      Thanks for joining me in this journey.
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


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    9. #15
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      Don't worry sis. I hope NZDUSD will not bite you. You have good free margin. Don't open more buy orders right now. You know next week we have to face NFP. It might go your way. So keep your cool. Good wishes for you. Meanwhile I got 4% profit from NZDUSD sell.


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      NikitaBelle (03-26-2016)

    11. #16
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      Hello guys! Happy weekend! A late update sorry about it.

      Here we go:


      The Good...

      Name:  March 22 and 23 trades history.jpg
Views: 48
Size:  239.3 KB
      Name:  March 24 and 25 trades history.jpg
Views: 46
Size:  138.3 KB


      And the Bad...

      Name:  Current Account Status.jpg
Views: 46
Size:  142.8 KB


      *From 11 negative floating position am down to 9 now. Hopefully NZD/USD will go up soon next week or else I will do something like kamikazi strategy,hahaha Anyways, if I will do something stupid that is nothing new since am an Margin Call Queen. In the next few days I will improve my strategy and accuracy 'coz currently they really sucks!

      That's all for now guys, am done giving you update regarding behind the scenes of my trading style. I can say that my trading is a bit aggressive, it is only fit with big capital. But then I love to challenge myself from time to time.

      So, thank you guys for joining me in this journey! Take care all!
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


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    13. #17
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      Quote Originally Posted by PhAnToMtRaDeR79 View Post
      The only thing that can pay your bill is the skills. Everything else will come into place by themselves later on.
      I really dunno, sometimes I wonder why there are many losers in forex? Even if others who have skilled can still have difficulty making it far in this business? I met several traders on my journey who has been longer in this business than I am and they quit because forex will keep making them loser over and over again, and that really baffled me? Was it the skill or the capital that is really the problem here? Am aware that big capital is useless in the hands of the newbie trader, what if it can be given to the hands of the skilled trader? Why skilled trader keep losing, keep getting MC? why is that with just one small mistake the market will readily punished the skilled trader and send to MC land? Maybe because his capital is small...that is the answer! And how we supposed to win this market when human behavior is weak, we can not be perfect all the time! We are bound to make mistakes! And what if there is a way that we can still survive even if we make several wrong entry? I hated it when the market always punished skilled trader because of just few mistakes! Sometimes the reason why traders with 5 to 6 years experience will just give up forex because they get tired and they fail to see the reason why? because they are all under capitalized! With small capital you are not allowed to make a small mistake, you should give 100% focus or else you will destroy your account too soon. Hard realities of forex trading...sorry for long comment, hehehe
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


    14. #18
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      i know this is OT but i will give my answer here, you may or may not believe this but it is up to you.

      Quote Originally Posted by NikitaBelle View Post
      I wonder why there are many losers in forex?
      it is simple really. they lose because they do not have what it takes. for what ever reason. even if they can make money for a few weeks that is not enough. failure is proof of missing pieces in profitability.


      Quote Originally Posted by NikitaBelle View Post
      others who have skilled can still have difficulty making it far in this business?
      skill is simply not enough.


      Quote Originally Posted by NikitaBelle View Post
      big capital is useless in the hands of the newbie trader, what if it can be given to the hands of the skilled trader? Why skilled trader keep losing, keep getting MC?
      big or small capital does not matter. as long as the trader has enough capital such that he is able to modell it against his risk perspective then it will work.


      Quote Originally Posted by NikitaBelle View Post
      And how we supposed to win this market when human behavior is weak, we can not be perfect all the time! We are bound to make mistakes! And what if there is a way that we can still survive even if we make several wrong entry?
      mistakes aside, those will be made but money management should take care of those problems. but you did say it here really. it is about human behavior, i should know since i have a degree in IT & in human behavior. the issue is that people are not strong enough mentally to handle the market, i assume you presume people strive for the ability to overcome this.
      though that is not possible and also not incorrect. the very fact that peoples minds crumble under the stress over the market is a sign that they are human, if they did not then they would not be human would they?
      there are though certain people that we deem on the bring of insanity that seemingly lack this attribute. such people we often call sociopaths or psychopaths and i know it might seem very odd at first but think about it..

      so what is needed to prosper in the market? i claim three things.

      1 the knowldege of how to make profit, this is fairly simple and easy to acquire. there are many ways of how to do this and if people do not know just send tell them to pm me

      2 the incentive or motivation, why do you want to do this? ask yourself really why.. this aspect needs to be there because trading is simple but not easy to do.

      3 and this is the odd part. you need to be a bit of a sociopath. the trader needs to lack feelings in a sort, he needs to not react when things go against him though needs discipline while at the same time doing something that does not work (every day). so he cannot truly be a functioning normal person per say since then he'd lack this 3'rd attribute.

      to conclude. why can't traders do this? well my take is that people are human, they are normal. people are nice and they feel good. they do have feelings, they do feel the market with it's ups and downs etc. attributes 1 and 2 can be taught but i firmly believe that the 3'rd cannot. you might have it. it might be there under the surface waiting to come out but i do not think it can be thought other then brought out.


      // ramblings of a mad man

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    16. #19
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      here is an idea of how i'd hedge this. after that i could begin to solve this puzzle




      since all positions are totally in equality at all times, there is no need to manage this but when time comes and adjustments are made then that is the time when it is sorted out. this is a strength of this method where i sometimes am at the computer and later am gone for a few hours..

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    18. #20
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      *Update on my bonus account traded exclusively for this journal:

      Name:  Journal Account Status.jpg
Views: 43
Size:  128.2 KB

      *I just keep opening buy position on NZD/USD pair 'coz I have a strong feeling this pair will start to go North. My target is just 10 pips per trade, I realized long ago that the market can give 10 pips easily, compare to targeting 20 to 30 pips which sometimes takes so long to happen.
      Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


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