I guess I was wrong. I found out that those terrible experience made me a wiser trader, although people surrounds me began to doubt and loose faith about what I do and how this can help them. I even receive the most discouraging words of wisdom from my brother " LAHAT NG NEGOSYO MO PALUGI".
Its the very reason I created this Database, I program it myself. All data that is in this database are my trades that i have made. with LIVE ACCOUNT. Now how can this Help YOU??
Here are the List why I encourage You to use this Database and even have you own compiled Database by using this Program (Will be available soon when this can be Online)
Better Understanding about MONEY MANAGEMENT
While I was developing my skills and find my self what kind of trader I am, Brother of mine showed me His result about trading. Gosh you will be amazed how Fast he can tripple his capital and how big he made in forex trading. With that result, I guess he believe that trading is not that hard. Probably Yes, for he is a man of brains with the virtue of discipline. But what he did not notice he has been trading $30 Dollars Per pip. a Trade size that every Experience Professional Trader wont do if you only have $10,000 Us Dollars on your account.
Having a database of your trades will keep you on track will remind you that Earning Big is Easy in Forex but Earning Consistently Big is the hardest part. Try to use this Program and you will see that your winning strategy or trade is only hitting 60%. The question is what if you have trade sky rocket high trade size for you have all the confidence on your work. only to found out your most trusted system or stragey Failed you. How do I know this Because I have experienced it thats why its better to keep track on your trade compile it. get screenshot you will be shock that your strategy work on 60% success rate.
The above Pic will show you the complete details for you to improve and know yourself as a trader
- Pattern (if you are a pattern trader)
- Date Detected
- Date hit your Take Profit
- Currecy Pair
- Time Frame
- Pics of your trade
- Video on your trade
- Notes the key points that made your mind to trade.
Pattern Guide
If you have experience trading How many times you chase the market?? With error like this you may not know this is killing your confidence and confusing your self to find what kind or trader you are. With the Pattern Guide you will be more cautious on calculation adopt how market run. you can compare what pattern is performing well in
Specific Time frame
Specific Currency PairWith data you have you compile you will never take same mistakes about point of entry. You can Calculate Risk that you are going to take. because chart pattern give clues and guides.
Currency Pair Awareness
Did you know retail trader like us have high potential loosing on EUR/USD pair? currently Im still encoding all my data but with the date already been saved on this database I could see my performance that I loose much on EUR/USD and earn more on GBP/USD.
With this data you will have Percentage of Success rate. You will boost your Confidence in trading.
IMAGES on Your head
By saving different images of your trade later as you always do this your brain can see faster how market moves. Remember You can not achieve what your brain cant see. Power of law of attraction. As I have always getting my win and loose trade Pic I could easily Identify my previous Mistakes and could easily make a plan of action if market move strangely. this will boost your stock knowledge experiences.
Time Frame Monitoring
How many 1 minute in 1 Hr.How many 5 minutes in 1 Hr.
This alone you will develop an advance plan action based on number of candle stick that is remaining. If you love using MACD tools time frame will really give you realistic direction of the market. Remember if trend of 4hrs is going up Trend on 1 hour will not always go up. there will be 1 or 2 candles 1 hour candle that go on oposite Direction. If you monitor on your time frame it will be easy for you to Identify Support and Resitance, the Higher High, Lower Low directions.
NOTES:
Do i have to elaborate this??? even Einsteins have notes.... every analysis have notesthis are some of the benefits of this database, and why is this different on the brocker or any other database? because you yourself created this. and Experience is the Best teacher. On will be talking more on videos which i have not covered How to derive Success Rate on your trade on a Given Pattern, on A given Currency and on a given time frame with the data that you experienced.
For New on trading which you dont have not yet compiled you may use my given Data for all of this is supported with video and screenshot.
If you want to take a look on this Database Program your self this will be available soon i have encoded all my recorded trades.