Basically, I got inspired by @Technician with his journey and wanted to try the same.
Such journey actually suits well for a journal later on, that I can use for my trading record, and that represents real performance.
Since the trading view is a great place to post such charts since they get recorded in history and you can get back in time whenever you want and look up all charts you have made, 30 trades fit here very well.
These will be small range trades with Entry, Stop and TP level.
Trades will be taken only on Gold.
Using TV position calculator profits or losses will be determined.
Capital 10.000$
1st trade in this journal will be published starting from next week and will be marked as GOLD/ 1# ... GOLD/ 2# and so on.
Let's see. I think overall it should be fine since intraday and small range signal trading has always been my element when it comes to Gold.
P.S Good Luck to @Technician we'll see what the return will be for him after all trades are done. Like he says:
-A Single or few trades result is not important. What's important is the net return at the end of the month, quarter and year.
And that is very true.
Good Luck.
Such journey actually suits well for a journal later on, that I can use for my trading record, and that represents real performance.
Since the trading view is a great place to post such charts since they get recorded in history and you can get back in time whenever you want and look up all charts you have made, 30 trades fit here very well.
These will be small range trades with Entry, Stop and TP level.
Trades will be taken only on Gold.
Using TV position calculator profits or losses will be determined.
Capital 10.000$
1st trade in this journal will be published starting from next week and will be marked as GOLD/ 1# ... GOLD/ 2# and so on.
Let's see. I think overall it should be fine since intraday and small range signal trading has always been my element when it comes to Gold.
P.S Good Luck to @Technician we'll see what the return will be for him after all trades are done. Like he says:
-A Single or few trades result is not important. What's important is the net return at the end of the month, quarter and year.
And that is very true.
Good Luck.
Capital 10.000$
Risk on Trade 10%
Buy 1247.00
SL 1245.00
TP 1258.00
Potential Gain 1100$
Potential Loss 200$
This is how the trade setup will look like.
JFYI