First let me review our first trading day. Our order was triggered in New York session but there was not a real fallow thought. At the end of the day that is 23:00 CET I have manually closed positions in plus of 6 pips. Well that is actually not ROI 2 percent but it is still a positive result.
Here is shortly the trading summary:
This day return: 6 pips; 1.2 ROI
This week return: 6 pips; 1.2 ROI
This Month return: 6 pips; 1.2 ROI
Total: 6 pips; 1.2 ROI
Here is a new signal for you, pending order as usual:
Sell EURUSD at 1.4089; Limit: 1.4079; Stop 1.4109
Remember orders are pending till the end of the day. If order is triggered but neither limit nor stop is hit close orders manually at 23:00 CET at market price.
All the best.
Tuesday, September 25, 2007
Monday, September 24, 2007
ROI Calculation
While I am writing this post my pending order remains active and it will remain so till the end of the day. I would like to introduce here the calculation method for these signals: like lot of investors do, I will calculate how much pips has the system earned and second I will introduce an imaginable account with the amount of 1000 US Dollar and will calculate how much gain/loss has the trading method which is using ROI generated.
I am very excited about this experiment. Hope some of you will fallow it.
I am very excited about this experiment. Hope some of you will fallow it.
First Signal - EURUSD Buy
Here is my first signal:
EURUSD - Buy at 1.4080; Limit 1.4090; Stop 1.4060.
I will report results in next post.
Good luck and trade!
EURUSD - Buy at 1.4080; Limit 1.4090; Stop 1.4060.
I will report results in next post.
Good luck and trade!
Sunday, September 23, 2007
Investment Philosophy
Did you know that you need only one guaranteed pips sometime in the future in order to become rich? Sure, that s all I need also. When I would be sure that there is in the future a moment where the price will move from one point to another without any risk I would take it and after play golf. Unfortunately there is no such thing as guaranteed outcome in the future.
But certainly what I need for a good income is not 5000 pips per week but 100 or even less. Many will ask, how one can become rich with 100 pips or less per week. Let me answer you: the secret is in ROI. If you do not know, what ROI is, please go and study this subject before you ever start to invest in the futures market.
When I am entering the market, my goal is to take ROI 2 percent – sometimes even one. Consider that you are entering the market the whole month and you have only gained 10 pips because everything went against you in this month. What is the outcome of these bad events on your account when you have gained only 10 poor pips in your trades? The answer is easy – 2 percent on your account because you were always entering the market with a ROI 2. You are still the best.
Using this strategy I have generated about 11 present of income on my account last week. And I am happy with that result.
Shortly what I like to say is fallowing: while using my signals, plan you trade very well. Always consider what is your goal while entering market, how much money should your risk for that and what is your daily target.
Once again: I will put only one signal per day, between 00:00 and 00:30 CET. It will be a pending order. When you enter late please be careful that we are in minus – when signal gained even 1 pips in our favor do not enter the market. When stop loss or limit is triggered do not repeat the move. There will be another day to trade.
Ok. That is all for now. We have beautiful Sunday morning in Central Europe. I will go and relax for today.
But certainly what I need for a good income is not 5000 pips per week but 100 or even less. Many will ask, how one can become rich with 100 pips or less per week. Let me answer you: the secret is in ROI. If you do not know, what ROI is, please go and study this subject before you ever start to invest in the futures market.
When I am entering the market, my goal is to take ROI 2 percent – sometimes even one. Consider that you are entering the market the whole month and you have only gained 10 pips because everything went against you in this month. What is the outcome of these bad events on your account when you have gained only 10 poor pips in your trades? The answer is easy – 2 percent on your account because you were always entering the market with a ROI 2. You are still the best.
Using this strategy I have generated about 11 present of income on my account last week. And I am happy with that result.
Shortly what I like to say is fallowing: while using my signals, plan you trade very well. Always consider what is your goal while entering market, how much money should your risk for that and what is your daily target.
Once again: I will put only one signal per day, between 00:00 and 00:30 CET. It will be a pending order. When you enter late please be careful that we are in minus – when signal gained even 1 pips in our favor do not enter the market. When stop loss or limit is triggered do not repeat the move. There will be another day to trade.
Ok. That is all for now. We have beautiful Sunday morning in Central Europe. I will go and relax for today.
Friday, September 21, 2007
Revelation as the Beginning
I do remember the exact time. It was several days ago, I was sitting in my living room in front of TV watching some silly movie. I was desperate; I was often desperate in my life, especially these last two years. I do not remember what I was watching. I was tired of work, tired of thinking and calculating, too desperate to sleep and therefore watching TV – did not care much what exactly.
I was asking the God for many times for this moment and did not hope any more it will come anytime in the future because God was delaying his response and ignored my begging. Well actually I am quite an agnostic and it is not correct to say I was begging to the God. I was begging whatever there exists to help me. There was no help.
I knew at the beginning it will come. I knew when I have chosen the way of my life that it will be desperately difficult to go this way which I am going now. I was prepared for that but still surprised everyday how hard it can be. If you put me seven or eight years back in my life and ask whether I will go the same way or will make something different I would make the same choice knowing that it will be hard.
I am a man on the quest. I love challenge and think that biggest challenge we have in the life is our own life and at the end we will be defeated, even strongest of us will be defeated and the name of the winner will be death or life – I do not care, I think they are the same. In this game the important thing is not whether we win or not (because we cannot win apriori) but how we will be defeated.
In terms of coming defeat or death which is inevitable our life does not make any sense. Everything we create will be lost at the end for us because we will die. So why all these efforts? That was the question I was asking myself eight years ago. I had only one answer: because to live and create makes lot of fun and it is interesting. Next question I have asked myself was: what should I create? I could go every way because at the beginning I had nothing. I have chosen to go on the quest for three things: 1. for the career in the science – because it provides best source of information which I can use as a tool in achieving success and it is very challenging to get a Nobel price. 2. To have money – lot of money. Actually I am not interested in money itself, but it is very challenging to find methods how one can get rich. 3. To find a true love. I think love is what really matters in life. With love I mean here a love between man and woman and love of a whole humanity. Don’t ask me why I think so. I do not have an answer on this question. I just have a feeling it matters very much.
In these eight years life has proven for many times how hard it can be to achieve tasks planned. I am far away from my Nobel price. I have invested and lost, I was rejected and I have rejected, I have lost loved people.
Back to the revelation. Last two years the main quest of my life was quest for the money. At this time I have discovered futures particularly Foreign Exchange Market. This blog will be interesting mainly for the people who are looking for the methods of trading this market. For two years I am a manager of several investment accounts and had moderate success (as almost everyone on this market, when we are successful this success is moderate). But during the whole time I was education myself everywhere I could get information somehow related to this market, spending lot of money in baying signals and looking for good trading systems. I tried nearby everything I could find. Let me make one statement in which I believe completely: THEY HAVE NO IDEA AND THOSE WHO HAVE DO NOT SPEAK. With trading systems created by myself I had more success than with Guru books I have paid lot of money for. I have lost money fallowing “best available” signals on the market. As said, I was moderate but I was looking for something else. This market seemed so easy to trade but I still always get caught like a silly child. I have spent sleepless night looking for my “holy grail”. I have read everywhere that there is nothing like this. I still believe there is one or there are more kept in great secrecy. Let me explain what I mean with “holy grail”. For me that is a trading method which will give me an constant low risk income of 10 pips every day – I am not greedy, and I knew, when I have it, I am rich. But I didn’t have it. In all my trades there was always huge risk which was not allowing me to risk sufficient amount of money and get rich because there was always some risk to get poor and lost all investment while paying.
Even several days ago, I was desperate. I had lost my clue to this market. The more I was investigating the more my logic was telling me I have to quit, I have to accept my defeat and quit. But I am from the country where real men never give up, they better day. So I was desperate but didn’t quit.
Several days ago at 22:24, in front of my TV I found the solution for this problem. Unexpectedly I had my 10 pips per day without much effort, without much risk. No it was not a voice coming from the heaven or some far away galaxy. It was something in my brain – some channel opened and told me to look at everything much simplified then I ever did.
No it is not a system which is producing gains every day, it will have losses but controlled and tight losses. I have excessively tested it and it was what I needed. I am on the way to my wealth, most important stage of the task is achieved.
But why am I writing all this to you? Because of love. I know there are lots of people looking for methods which work. I know it is hard to find them and I think humans must help each other. Therefore I like to share. I will put my 10 pips signals everyday between 00:15 and 00:30 on this blog, you can ignore it or use it, this will have the form of the diary. I will share with you my success and failure remaining quite anonymous here. Signals will be only for EURUSD starting on Sunday night. I will share with you my investment philosophy in next blog and you can decide whether it is suitable for you or not.
Wish you all the best!
You have probably already noted that English is not my native language – Shakespeare forgive me – I am a man of the South! – But it has somehow charming don’t you agree?
I was asking the God for many times for this moment and did not hope any more it will come anytime in the future because God was delaying his response and ignored my begging. Well actually I am quite an agnostic and it is not correct to say I was begging to the God. I was begging whatever there exists to help me. There was no help.
I knew at the beginning it will come. I knew when I have chosen the way of my life that it will be desperately difficult to go this way which I am going now. I was prepared for that but still surprised everyday how hard it can be. If you put me seven or eight years back in my life and ask whether I will go the same way or will make something different I would make the same choice knowing that it will be hard.
I am a man on the quest. I love challenge and think that biggest challenge we have in the life is our own life and at the end we will be defeated, even strongest of us will be defeated and the name of the winner will be death or life – I do not care, I think they are the same. In this game the important thing is not whether we win or not (because we cannot win apriori) but how we will be defeated.
In terms of coming defeat or death which is inevitable our life does not make any sense. Everything we create will be lost at the end for us because we will die. So why all these efforts? That was the question I was asking myself eight years ago. I had only one answer: because to live and create makes lot of fun and it is interesting. Next question I have asked myself was: what should I create? I could go every way because at the beginning I had nothing. I have chosen to go on the quest for three things: 1. for the career in the science – because it provides best source of information which I can use as a tool in achieving success and it is very challenging to get a Nobel price. 2. To have money – lot of money. Actually I am not interested in money itself, but it is very challenging to find methods how one can get rich. 3. To find a true love. I think love is what really matters in life. With love I mean here a love between man and woman and love of a whole humanity. Don’t ask me why I think so. I do not have an answer on this question. I just have a feeling it matters very much.
In these eight years life has proven for many times how hard it can be to achieve tasks planned. I am far away from my Nobel price. I have invested and lost, I was rejected and I have rejected, I have lost loved people.
Back to the revelation. Last two years the main quest of my life was quest for the money. At this time I have discovered futures particularly Foreign Exchange Market. This blog will be interesting mainly for the people who are looking for the methods of trading this market. For two years I am a manager of several investment accounts and had moderate success (as almost everyone on this market, when we are successful this success is moderate). But during the whole time I was education myself everywhere I could get information somehow related to this market, spending lot of money in baying signals and looking for good trading systems. I tried nearby everything I could find. Let me make one statement in which I believe completely: THEY HAVE NO IDEA AND THOSE WHO HAVE DO NOT SPEAK. With trading systems created by myself I had more success than with Guru books I have paid lot of money for. I have lost money fallowing “best available” signals on the market. As said, I was moderate but I was looking for something else. This market seemed so easy to trade but I still always get caught like a silly child. I have spent sleepless night looking for my “holy grail”. I have read everywhere that there is nothing like this. I still believe there is one or there are more kept in great secrecy. Let me explain what I mean with “holy grail”. For me that is a trading method which will give me an constant low risk income of 10 pips every day – I am not greedy, and I knew, when I have it, I am rich. But I didn’t have it. In all my trades there was always huge risk which was not allowing me to risk sufficient amount of money and get rich because there was always some risk to get poor and lost all investment while paying.
Even several days ago, I was desperate. I had lost my clue to this market. The more I was investigating the more my logic was telling me I have to quit, I have to accept my defeat and quit. But I am from the country where real men never give up, they better day. So I was desperate but didn’t quit.
Several days ago at 22:24, in front of my TV I found the solution for this problem. Unexpectedly I had my 10 pips per day without much effort, without much risk. No it was not a voice coming from the heaven or some far away galaxy. It was something in my brain – some channel opened and told me to look at everything much simplified then I ever did.
No it is not a system which is producing gains every day, it will have losses but controlled and tight losses. I have excessively tested it and it was what I needed. I am on the way to my wealth, most important stage of the task is achieved.
But why am I writing all this to you? Because of love. I know there are lots of people looking for methods which work. I know it is hard to find them and I think humans must help each other. Therefore I like to share. I will put my 10 pips signals everyday between 00:15 and 00:30 on this blog, you can ignore it or use it, this will have the form of the diary. I will share with you my success and failure remaining quite anonymous here. Signals will be only for EURUSD starting on Sunday night. I will share with you my investment philosophy in next blog and you can decide whether it is suitable for you or not.
Wish you all the best!
You have probably already noted that English is not my native language – Shakespeare forgive me – I am a man of the South! – But it has somehow charming don’t you agree?
Subscribe to:
Posts (Atom)
