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    Thread: bocahedan's - Trading journal

    1. #131 Collapse Post
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      Forex is not gambling and it can never be, according to you, the way you increase your lot when your trade ended in loss is terrible, if you are hedging it is a different ball game, try to be more professional by working hard to develop a good or manageable strategy rather than trying to gamble your way through the market

      Though trading on financial markets entails high risk, still it can generate extra income on condition that you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #132 Collapse Post
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      Default bocahedan's - Trading journal (2)

      This time its not gonna look like a revenge trade(opening martingale trade after loss) like on my other journal but an averaging martingale position. And this time,i won't use stop loss just like mod Nikibelle did and i will only use 2 times multiplier not 4 times multiplier from previous lot like in my other journal and this time i will use my bonus account. I will try to trade on 4 pair GBPUSD,EURUSD,GBPJPY, and EURJPY.

      This is the bonus post that i got and the trade i made so far.


      Now,i'm waiting to sell EURUSD. Wish me luck.
      Last edited by Aviz; 06-13-2018 at 06:37 PM.


    3. #133 Collapse Post
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      Quote Originally Posted by bocahedan     
      This time its not gonna look like a revenge trade(opening martingale trade after loss) like on my other journal but an averaging martingale position. And this time,i won't use stop loss just like mod Nikibelle did and i will only use 2 times multiplier not 4 times multiplier from previous lot like in my other journal and this time i will use my bonus account. I will try to trade on 4 pair GBPUSD,EURUSD,GBPJPY, and EURJPY.

      This is the bonus post that i got and the trade i made so far.



      Now,i'm waiting to sell EURUSD. Wish me luck.
      Excuse me, everything about the martingale trading is all about revenge, and if it is not a true revenge by the trader, it is surely will look like a revenge in the wider contest of it. I don't like to trade this way at all, it is good for traders to take thing easy at all time, that is how they will earn better in the matrket. I am taking care when i trade the market, and i like it when traders plan their risk management more than the purpose of making money in the market. If traders do not do that, they might be failing.

      Though trading on financial markets entails high risk, still it can generate extra income on condition that you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. 9 users say Thank You to ola4real for this useful post.

      balut (05-24-2018), bocahedan (05-24-2018), ghaffar087 (03-18-2019), Mahmoud33 (02-25-2019), Mshahidti80 (12-07-2018), purebusiness91 (09-30-2018), Tahirachemist81 (01-10-2019), Unregistered (2)

    5. #134 Collapse Post
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      This time its not gonna look like a revenge trade(opening martingale trade after loss) like on my other journal but an averaging martingale position
      Risky juicy stuff. I love it hahaha If it's gonna make you comfortable and enjoy trading then go for it. Just maintain a sense of carefulness because it ain't easy doing martingale and losses can drive an account plummeting.

      this time,i won't use stop loss just like mod Nikibelle did
      Not gonna say this is bad but It's very risky so just keep cautious to what price movements are doing. Too fast of a movement can a great chunk of the account can be taken.

      All in all, It's a lovely experiment so try to enjoy it best of luck.


    6. 4 users say Thank You to Soldier for this useful post.

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    7. #135 Collapse Post
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      Quote Originally Posted by ola4real     
      Excuse me, everything about the martingale trading is all about revenge, and if it is not a true revenge by the trader, it is surely will look like a revenge in the wider contest of it. I don't like to trade this way at all, it is good for traders to take thing easy at all time, that is how they will earn better in the matrket. I am taking care when i trade the market, and i like it when traders plan their risk management more than the purpose of making money in the market. If traders do not do that, they might be failing.
      I will make the martingale trade before i closed the trade or before the trade finalized and it usually under the usual stop loss in previous journal,so how can that be categorized as a revenge? And not all people like martingale and i appreciate it so if you don't like it,well,what can i say

      Though trading on financial markets entails high risk, still it can generate extra income on condition that you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    8. 4 users say Thank You to bocahedan for this useful post.

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    9. #136 Collapse Post
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      Quote Originally Posted by bocahedan     
      This time its not gonna look like a revenge trade(opening martingale trade after loss) like on my other journal but an averaging martingale position. And this time,i won't use stop loss just like mod Nikibelle did and i will only use 2 times multiplier not 4 times multiplier from previous lot like in my other journal and this time i will use my bonus account. I will try to trade on 4 pair GBPUSD,EURUSD,GBPJPY, and EURJPY.

      This is the bonus post that i got and the trade i made so far.


      Now,i'm waiting to sell EURUSD. Wish me luck.
      What can I say? You've obviously thought it through before embarking on the journey and I can only wish you success. I know of some established traders that don't use stop loss and it seems to work for them. I hope your style works for you, bro, but in a battle, it's better to flee sumetimes so that you can live to fight another day, with improved tactics.

      Cheers mate!

      Though trading on financial markets entails high risk, still it can generate extra income on condition that you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    10. 4 users say Thank You to Mez Da Whiz for this useful post.

      balut (05-24-2018), bocahedan (05-25-2018), purebusiness91 (09-30-2018), Tahirachemist81 (01-10-2019)

    11. #137 Collapse Post
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      Well! It's true that there are some traders who don't like to use stop loss including me as well. Actually the reason behind this huge risk is market unexpected or naughty movements some time. Its true that many time market move back according to trader's positions just after hit their stop loss. I think if you have strong analysis and money management then there is no need to use stop loss.

      Now,i'm waiting to sell EURUSD. Wish me luck.
      I think this pair is trading at it's bottom and you should be very careful to trade this pair for sell.
      If you can Dream it, You can do it
      Be Bold and Take Risk


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    13. #138 Collapse Post
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      Quote Originally Posted by bocahedan     
      This time its not gonna look like a revenge trade(opening martingale trade after loss) like on my other journal but an averaging martingale position. And this time,i won't use stop loss just like mod Nikibelle did and i will only use 2 times multiplier not 4 times multiplier from previous lot like in my other journal and this time i will use my bonus account. I will try to trade on 4 pair GBPUSD,EURUSD,GBPJPY, and EURJPY.

      This is the bonus post that i got and the trade i made so far.


      Now,i'm waiting to sell EURUSD. Wish me luck.
      Welcome to the journal section brother

      I like your journal, I like martingale strategy although have not tried it. Unfortunately martingale is risky, much riskier than my strategy. Anyways, using stop loss is always been tricky because if you don't know how to use it properly it will make you lose more every single day.

      So goodluck with your strategy. Enjoy your journal.
      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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    15. #139 Collapse Post
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      Quote Originally Posted by bocahedan     
      This time its not gonna look like a revenge trade(opening martingale trade after loss) like on my other journal but an averaging martingale position. And this time,i won't use stop loss just like mod Nikibelle did and i will only use 2 times multiplier not 4 times multiplier from previous lot like in my other journal and this time i will use my bonus account. I will try to trade on 4 pair GBPUSD,EURUSD,GBPJPY, and EURJPY.

      This is the bonus post that i got and the trade i made so far.


      Now,i'm waiting to sell EURUSD. Wish me luck.
      I think that using stop loss, or flipping your positions is a wiser move when you want to use the martingale money management. The market can easy eat all of your bonus. Also by having a plan is helping very much. I think that there isn't a surefire system that can achieve 100% wins even if, its called martingale and I think that you have learned that, what is the amount of money you want to achieve and then withdraw?


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    17. #140 Collapse Post
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      Is it your second trading journal?
      Then how your oldest trading journal? this thread: Bocahedan's Trading Journal - Loss=Quadruple Lot Size you will closed it?

      Though trading on financial markets entails high risk, still it can generate extra income on condition that you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    18. 3 users say Thank You to わξΨǐ ツ for this useful post.

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