Profitable Betting
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12/03/2018
My Trading Journal
Today took 5 trades, 4 of them on EURJPY that is one of my favourite pair so far. 1 was successfull +20AUD and other 3 were unsuccessful due to a little bit too low stop loss.. Literally 3 pip too small. Then they would turn out as a winner as I would've taken these trades out on 15minute. No worries. Break even as the first trade was okay.
Key learning: Set stoploss above the timezones S/R. If I could have done that I'd be a winner and up +40AUD.
Another one was AUDJPY took a sell but turned out complete opposite.
Stop losses are so important and I need to master them. Just now creating my new trading plan. I will eliminate emotions from my trading and set sell or buy orders on major S / R zones.
11/03/2018
This past week was really volatile for me. I traded mostly NZDUSD and GBPJPY. On the last pair didn't have much success.
Started the week with 330 over the weekend and on Monday the trades hit stop loss and it became 250. Then, on Tuesday took many trades and ended up with 330 in bank and 430 floating but didn't take the money that was offered and went down to minus on these same trades. It was all momentum that created this money and non momentum took it back. Only this week Friday I took Momentum course where I was educated and saw all the mistakes I made this week haha. How stupid, but at the same, you need to experience these things on your own skin, there is no way out. I am thankful for every mistake I make because it will get me closer to the goal.
This week I am starting off with 170AUD, which is +70AUD more than I started with. Eventually it could be around 500 instead but it is what it is.
I repeat, my strategy is going 100 to 10k with huge risk and potential drawdown and there slowing it down. I won't give up until 1 million is achieved.
This week target is 170 to 700 AUD. Roughly 4x. I am okay to deposit another 100 to account next week. :)
Here is another weekly watchlist.
USDCAD + GBPCAD are really good looking charts.
04/03/2018
Weekly watchlist nr 3. The pairs on my radar are the ones on the right.
There are so many great potential setups that I am interested in taking. One of the main ones that I am looking into entering is EUR/JPY. The pair is very volatile, is exactly in my time zone and is my favourite pair of all time.
Hope you all have a great week ahead.
My main target for this week is to triple my account again. Let’s see if I can do it. In theory it’s really doable, but at the same time it's really risky. So I have to be really careful.
03/03/2018
This week I managed to triple my initial 100AUD account. I know it's really risky and no matter who a bit more experienced trader would say that this is insane to 3x the account. It involves a HUGE risk and you might do it once but the draw down in long term is obvious and it's just a matter of time when you will lose all the gains and burn your account.
I know all that and to be truthfully honest I am doing things exactly the opposite way here. That is my strategy. In order to get the account to 1 million by 1Q 2019 I need to risk hugely at first, until I reach 10k. This is my strategy — to go with tremendous risk at first because this is the only stage I can potentially take these huge risks. I have not much to lose.
Of course I know that I might lose it all the next week but I the only thing is that I need to move forward and start from scratch if done so. To be frank I don't mind losing 100AUD per week, this is exactly the amount of money that I am willing to lose in order to fulfill my dream and goal so no matter what I am willing to start over from next week if that is the case.
This week I mainly focused on 3 pairs — EURAUD, GBPCAD and NZDUSD. At the start of the week I tried to get into trend reversals on EURCAD & CADJPY but lost 10% of my account there and didn't want to jump into these again.
EURAUD was the main pair where I was waiting for breakout on Daily. It happened on Friday during 3th hour of EU Session when I was about to going sleep so I took the profits and missed about 20 pips of it.
Another one was GBPCAD where I expected a trend reversal and sold the pair. The first trade was successful as the pair went down but then I closed as I read from the information that buyers came in.
Here is how I know when the buyers are in the game. The shadows on 4H chart are telling me that the pair is about to rise. In fact it did. For 130 Pips which is H U G E.
Another pair that I bought was NZDUSD where I saw the pair touching the support zone. I bought the pair without having a confirmation and I was right. I got into the trade at the bottom and then it went 70 pips where I get out of the trade straight before freefall to 30% of the previous gain. A correction. Made a good trade as I left the trade at the top. This trade alone made 35% on my account and could've done even more if I'd stick with the initial lot size but I decided to close half lot as the risk was too big.
So this week I was concentrating on 3 pairs and I think there is no need to take more. 3 is enough.
Keys for trading: Focus on the good setups only, don't trade random pairs.
20/02/2018
One of my influence Gary Vaynerchuk is repeatedly talking about massive patience and wearing marathon shoes. In fact, going from 100 to 1 million requires a lot of patience. This is the first thing I have in mind when taking on the challenge and willing to go through it. I know that mastering the markets is a lifetime value that I actually enjoy.
The main question for me is if this is something I would do until I am 80 years old. Trading Forex, being into macro and micro economics is definitely something I am really interested to. I remember reading all the economic magazines and newspapers in high school. I think I was the only guy in a class that knew everything that was going on in our economics.
The main answer to that question is by doing what I genuinely love and am passionate about. Doing thing that I know I'd love to do for the next 50 years from now.
I will keep these stories short as I will be writing here quite consistently.
20/02/2018
I don't know from where to start writing this post as I don't know how I am going to achieve the goal and vision that I set myself into last week. But one thing I know for sure — I need to start. And this is my start. Pushing the button, putting on the marathon shoes and starting to warm up for the marathon of a very long road of documentation and learning how to make a milli0n dollars out of 100 in Forex Markets.
Not only because I want to earn money but because it is never done before. At least not in public. I want to be the first person that have achieved that goal.
Nowadays everybody is the same, all those people following mostly the same path, not many of them are doing something remarkable so I thought what if I just announce it publicly serve it as a real long story that everybody have access to.
This idea excites me and makes me feel scared at the same time.
I will go slowly and steadily, but no matter what I will not give up because after so much time I finally think I found something that really resonates with me and that I do really want to do until I will become 80 years old. So this is a moment to look back to.
With this post I announce that I, now being a complete Forex rookie and a guy who doesn't know exactly what he is doing, is going to learn how to make 1 milli0n in Forex markets out of 100 bucks. I will do it in public so everybody can see each move I make.
This is my story.
Follow it on maximili0n.com
23/01/2018
Our trade from today - AUDNZD pair, following the singal all the way down.
130 pips.
16/01/2018
Dear all!
I am switching this account from Football Betting to Forex trading because it is more predictable and could be solution that will help you work remotely and earn good income.
Who is with me?
Sorry guys, the bet lost!
I will post tomorrow new tips!!
Lady's and Gents! Today's tip is here!
AS Roma - AC Milan Both teams to score! Odds 1.80 at bet365!
Who is IN for todays TIP? Odds will be around 1.80!!
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