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GFIs1 1 DAX trade per day journal
Updated May 16, 2024
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GFIs1 1 DAX trade per day journal
December 29th, 2014, 12:53 PM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Last week 2014 had one trade
Plus 16 points
Weekly 16 points
Points since week 2: 1052
Happy New Year
and good trades in 2015!
GFIs1
Can you help answer these questions from other members on NexusFi?
Best Threads (Most Thanked) in the last 7 days on NexusFi
December 29th, 2014, 01:01 PM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Looking back to 3 years journal
Total points per year - nearly the same...
Tendence - slightly upward
Year 2012: 1015 points
Year 2013: 1030 points
Year 2014: 1052 points
Who was asking about consistency?
Thanks for following.
GFIs1
Thanked by:
Abde , calitrader , chr1s , cmmichaels , DeadCatBounced , Evdl , haochik , JohnS , mokum , stef , xelaar
December 29th, 2014, 01:36 PM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Just a look at the crazy 2014...
GFIs1
Thanked by:
Abde , bobwest , Caerus , calitrader , chr1s , DeadCatBounced , haochik , JohnS , madLyfe , mokum , stef , xelaar
December 30th, 2014, 08:41 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Dax halted trading @ 14:00 in Frankfurt.
The Dax future is still traded.
Just for clarification
GFIs1
January 2nd, 2015, 04:23 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
Dax short 10:30 to 15:00
entry @ 9733
exit @ 9763 (SL)
result -30 points
IB vol high
GFIs1
Comment: overlooked a rare rule for entry...
this is trading ;-)
Good start into 2015 with many great trades.
January 2nd, 2015, 11:11 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
..but
forget to trade with normal psychology on such days!
GFIs1
January 2nd, 2015, 02:56 PM
prague, czech republic
Experience: Intermediate
Platform: NT7, MT4
Broker: LMAX
Trading: DAX, Gold, Euro
Posts: 1,505 since Feb 2013
Thanks Given: 1,740
Thanks Received: 2,568
GFIs1
..but
forget to trade with normal psychology on such days!
GFIs1
Was it Draghi who made it crash down at 0920 or 1620?
Trade to live. Not live to trade.
January 3rd, 2015, 03:18 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
xelaar
Was it Draghi who made it crash down at 0920 or 1620?
It was Draghi in the morning - after a longer article in a online journal..
GFIs1
January 3rd, 2015, 06:56 AM
Ostrava, Czech Republic
Posts: 98 since May 2013
Thanks Given: 19
Thanks Received: 38
GFIs1
Second Thought - Patience
Scenario: As a discretionary trader I start the day trading with a small gain: Bingo! Second try is a medium loss.
Hmmm.. Third trade the stop loss is set tighter now- of course it was hit! Fourth trade I leverage up and there is a big loss.
We have to stop for the day - overtrading. Well known - isn't it?
Not possible for the GFIs1 rule - there is only ONE trade per day. I said one trade (sic!). If the trade is stopped out or ends negative we have to wait for the next day. This is very important for every trader to let the market play it out: Patience and calm down! So we stay in the game.
Point!
Next day - new market - new possibilities. Plus a relaxed beginning to take THE trade as we had in maxima only ONE loss the previous day with a calculated maximum overall risk.
Easy - isn't it? Plan your trade and trade your plan.
(to be continued)
Agent provocateur
GFIs1
PS: with this system even the commissions are easy to summarize
I came up with the same idea because my account went too low and now see the others found it useful too ... just one action per day. New day new picture. Thank to this approach my account survived and I started to finish my months usually nicely profitable. I trade YM.
Good trading :-)
January 3rd, 2015, 09:52 AM
who cares
Legendary Market Wizard
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,960 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,649
There will be no Monday trade here because of the 150 point rule.
Friday had Hi/Lo of 200 points ...
This let us look at the alternative trading possibility in my other thread (still under test conditions):
Might be interesting to squeeze out some nice points.
Remember: First 30min candle has to reach 50 points Hi/Lo to be counted.
Have a great weekend
GFIs1
Last Updated on May 16, 2024