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My Forex Journey

Anything related to investing, including crypto

smoove001

Contributor
Aug 24, 2013
75
67
30
Hi Everyone,
I'm creating this thread to keep my self accountable, I'll be posting all my trades and results starting from today.
I've been trading for almost a year and a half now with no success but didn't put any serious money or time into it as I was busy with other business endeavours .
Now I'm ready as I have a plan and strategy in place with a good risk management. Will only be trading the New York session 12:00 pm GMT to 04:00 PM GMT.

All my trades will have a 3:1 risk reward ratio sometimes more depending on the price action.

Starting capital is 10,000$
Risk per trade : 1-2%

I took a trade today with around a 4:1 reward which was a win. Only risked 50$ for the first trade.

30/05/2020 : +180$

Current capital : 10,180$
 
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Aditya Gunjal

Bronze Contributor
Read Rat-Race Escape!
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Speedway Pass
Jun 24, 2021
165
187
18
Maharashtra, India
Hi Everyone,
I'm creating this thread to keep my self accountable, I'll be posting all my trades and results starting from today.
I've been trading for almost a year and a half now with no success but didn't put any serious money or time into it as I was busy with other business endeavours .
Now I'm ready as I have a plan and strategy in place with a good risk management. Will only be trading the New York session 12:00 pm GMT to 04:00 PM GMT.

All my trades will have a 3:1 risk reward ratio sometimes more depending on the price action.

Starting capital is 10,000$
Risk per trade : 1-2%

I took a trade today with around a 4:1 reward which was a win. Only risked 50$ for the first trade.

30/05/2020 : +180$

Current capital : 10,180$
Sir i haven't seen forex but i have seen option trading here in india(nifty and all).
Your progress seems good. There are people who became millionaire through options trading. But be careful as we know, we only see sucessful people not the unsuccessful.
Keep an eye on news and big trading institute.
 

smoove001

Contributor
Aug 24, 2013
75
67
30
Sir i haven't seen forex but i have seen option trading here in india(nifty and all).
Your progress seems good. There are people who became millionaire through options trading. But be careful as we know, we only see sucessful people not the unsuccessful.
Keep an eye on news and big trading institute.
Yea Option trading is pretty popular right now, especially with some young guys showing their 5 digits daily profits from it, I think you can make money from it as you have a good strategy and risk management in place
 

smoove001

Contributor
Aug 24, 2013
75
67
30
This is cool, looking forward to seeing your journey. Did you create your own strategy or are you following somebody elses?
I was in a private group, took their strategy then backtested it on previous price action, made some adjustments and created my own.
 
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smoove001

Contributor
Aug 24, 2013
75
67
30
Can I Know how your strategy works? Do you use any indicators? what it is all about? Which Timeframes and ...
No indicators just price action, I try to go with the flow of the market and then look for my setup which is based on Raid + break of market structure.
 

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