18 Oct 2016


This is the final report I would be making in my blog as part of the assignment. This would be my 21st Win trades achieved by using  SRDC Worldwide trade techniques learned within this 2 plus months.  During this time my mentor had given me great help, coaching and lots of after hour supports in the office, cafe and at home. Internet really made learning easy and prompt.

On this day, once the price picked up the momentum, I managed to pick up the trigger, place a trade based on basic criteria. Moments later, similar trigger was activated again and I took another trade. Again the price fluctuated momentarily before giving the pips.

As it turned out, although I managed to earn two trades, it actually increased my inherent risk without me knowing it. Lesson learnt indeed.

Pip earned : 284 & 156 pips for both trades.

6 October 2016


This day the price fluctuation was not as drastic as the earlier ones.  Hence a degree of narrow range movement ensued even after a trade was taken.  Nonetheless target price could still be achieved the next day, allowing some return.

Pips Gained : 307.

3 & 4 Oct 2016


First trade employed newer technique I mentioned earlier with good result.  However, the next day after the trade ended and earned 522 pips, it followed a great price dropped which lead to significant and amazing opportunity for yet another trade barely an hour after the first trade ended.

Second trade employed Basic trigger technique, with decent pips target.  Earned a good 335 pips. A good 8+% return on paper investment within 48 hours.

30 Sept 2016


Careful trade as the price moved around ups and down.  But once its clear, it supplied a clear triggers with newer criteria.  Exit point was tabulated, allowed a good profit again.  Noticed price continued to move ups and down before reaching a target profit.

Pips earned the next day : 428 pips.


So in Conclusion, for the month of September 2016, I managed to stick to the taught rule, employed only the taught technique and then wait.  

RETURN ON INVESTMENT of this month : 40 %

27 Sept 2016


Price was flatline (or minimal movement) for a while before suddenly dipped to allow another trade.  This time a typical old basic protocol was used for the trade trigger.  Good winning trade again in the background of clear movement but profit only taken the next day.

Pips gained : 402.



28 Sept 2016 

After enjoying the paper profit, another trigger waited to be harvested again due to clear price movement continued from previous day.

Trade using the newer technique was triggered with good exit point.

Pips gained : 308 pips.

23 Sept 2016


Another inefficient trade despite typical triggers.  New trigger technique was employed this time, but only managed to take profit after price reversal and moved back up.

Trade ended with win trade only the next day.

Pips gained : 213.

22 Sept 2016


On this day, a trade was taken by using a new technique I just learnt days ago.  Since movement trend is obvious, a trade was taken using a new trigger, but need to use newer exit point as well.

Trade was a success . Pip earned : 299 .

21 Sept 2016


After my last trade on the 12 Sept, there was a period of non-activity from my side, mainly due to lack of trade triggers.

Then this day, a massive movement prompted a trade move again.  Two of the few triggers were activated.  So a trade was taken with typical estimated profit within the same hour !


Pips earned : 326.

12 Sept 2016


While the trade was triggered using the same guideline, the price moved immediately upwards, giving a few of us some cold sweat.

My innocence in this trading business gave me some confidence in itself. So there you, I stayed put.  The next day it fulfilled the trade and profit earned.

Pips gained : 339 .

8 - 9 Sept 2016

See-saw price movement, activates and deactivates some lines before trigger the call for trade. Despite the trigger, it only managed to take profit after minor reversal.

Pips gained : 291 .


The very next day after it took profit, again the movement triggered another trade call.  This time the exit point was slightly different, but target result was slightly reduced.

Pips gained : 261.

6 Sept 2016


This round, with the backgroud of good price movement, basic criterion was easily triggered.  Target easily achieved.  (I think more advance member can safely take better profit than I was, but hey I am at Kindergarten now, so stick to the lesson and behave ).

Pips earned : 314 pips.

2 Sept 2016

This was another expected drastic price moving day, and we were supposed to be 'careful' about it.

Nonetheless the basic criteria was triggered, and a trade was taken.  It took profit only the next day.

Pip earned : 284 pips.

26 August 2016


This trade was done in lousy environment.  Besides, the timing was wrong, but nonetheless, another losing trade.

This time, the system took its full effect.  And I suffered a full loss where the stop loss was triggered. Did I watch it going down ?  Actually no, I was actually driving on the highway.  The trade was taken during my rest stop !  The price went down so fast that I didn't even have time to worry about it.

I lost this one, and I learnt from it.  Have to look into some taught criteria before taking any trade.

PIP lost = 1559 pips !


IN SUMMARY 

This August month, despite multiple wins, I had registered a minus 1.6% ( -1.6%) return due to two losses. If I were to allow both losses to go full impact ( the first one was intervened ), the loss would have been higher for the month. 

Lesson learnt !  Luckily its a fake trading account for now.  

26 August 2016


This trade was done in lousy environment.  Besides, the timing was wrong, but nonetheless, another losing trade.

This time, the system took its full effect.  And I suffered a full loss where the stop loss was triggered. Did I watch it going down ?  Actually no, I was actually driving on the highway.  The trade was taken during my rest stop !  The price went down so fast that I didn't even have time to worry about it.

I lost this one, and I learnt from it.  Have to look into some taught criteria before taking any trade.

PIP lost = 1559 pips !


IN SUMMARY 

This August month, despite multiple wins, I had registered a minus 1.6% ( -1.6%) return due to two losses. If I were to allow both losses to go full impact ( the first one was intervened ), the loss would have been higher for the month. 

Lesson learnt !  Luckily its a fake trading account for now.  

26 August 2016


This trade was done in lousy environment.  Besides, the timing was wrong, but nonetheless, another losing trade.

This time, the system took its full effect.  And I suffered a full loss where the stop loss was triggered. Did I watch it going down ?  Actually no, I was actually driving on the highway.  The trade was taken during my rest stop !  The price went down so fast that I didn't even have time to worry about it.

I lost this one, and I learnt from it.  Have to look into some taught criteria before taking any trade.

PIP lost = 1559 pips !

IN SUMMARY 

This August month, despite multiple wins, I had registered a minus 1.6% ( -1.6%) return due to two losses. If I were to allow both losses to go full impact ( the first one was intervened ), the loss would have been higher for the month. 

Lesson learnt !  Luckily its a fake trading account for now.  

22 August & 24 August 2016


Its two separate days, I know. But as you can see, the first trade took two days to terminate and gained pips, but almost immediately followed by another new trade on the same day !

After taking the first trade, price reversed before it resumed to grant the profit.

Why I didn't cut loss like the earlier trade ?  Well, if one were to follow the technique, it allows for price fluctuations. So I stayed put and true enough, it returned to grant the pips.

on 24 August, after the earlier trade ended, it gave a signal for yet another win.  And it did.

18 August 2016


My very first loss trade !  

Due to confusion of some technicality of the guideline, I entered when it was not meant to.  True enough, while one can get lucky, the luck was not on my side.  And really, luck was not part of the system's formula.

Lesson learnt : had a clear mind, keep cool, follow the system. 

My mentor was contacted then, who suggested that I perhaps should end the trade, and life moved on.  

While its easy to retrospectively view it as an obvious wrong trade, on the spot we can only see the candle of that hour only.  

16 August 2016


Yet the moment had come, picked up another trade opportunity and won. This time another 3% return.

  

10 August 2016


Another expected result with the same trade. Gained 303 pips within 2 hours. 
At this moment, I still hold the wait and see attitude even though I had not experienced failed trade so far.  

5 August 2016


This trade was also based on the basic methodology to identify a safe entry point. Sell trade was made, again, gained pips within a few hours.

Profits earned : 318 pips, which is really about 3 %. 

2 Aug 2016


This was my very first Gold/US$ trade. 

Using the basic methodology, a trade was taken, with expected result. This test-trade confirmed that in this basic technique, the direction is more or less confirmed. Hence target can be easily achieved.

For the beginner like me, this basic technique would be used many times to increase the confidence of myself. 

First ever Pips gained : 313.