Eric Alyea
Master Sergeant
- Messages
- 363
Presenting my eval
Presenting my eval
First of all I want to thank Josh (FPA id. “jcris522") and Corbin for being willing to teach their methodology and principles to me as a test subject.
I’m was planning on presenting my eval in the following stages:
1. “Zen Trading” This is something every body can do (good for newbie’s) and it’s an enjoyable way to get trading (punching buttons and getting pips) discipline and build trading confidence.
2. “Forex Tester 2" A program intro/eval
3. “Back Testing with Forex Tester 2" Philosophy and practice, What you should get from it.
4. “Counter Trend Pivot Point Trading” overview
5. “Saturday Post’s” What happened during the week with demo and/or live trading.
Learning the philosophy of picking a “Take profit” level was the biggest lesson and reason for my zero losses so far. (Don’t stand on the line. Pick one side or the other and go conservative for the win)
I actually chose to try to get a “Margin call” so we could discuss account rescue procedures. The margin got down to 225% (and was the biggest drawdown). We went over “Margin Call” escape and evasion, but the conservative “Take Profit” level cashed out for a profit.
My priorities are putting what I learned into practice and production i.e. winning pips. The eval will be done, but I’m not the fastest or best writer so bare with me.:err:
That being said you have to re-read my post's after 3 days (the words have changed). On the average I edit/re-craft them 5 times
minimum (ask the administrator) before I let them alone.
(Gee is that what you do to a take profit before a “margin call”... change/edit it???)
Presenting my eval
First of all I want to thank Josh (FPA id. “jcris522") and Corbin for being willing to teach their methodology and principles to me as a test subject.
I’m was planning on presenting my eval in the following stages:
1. “Zen Trading” This is something every body can do (good for newbie’s) and it’s an enjoyable way to get trading (punching buttons and getting pips) discipline and build trading confidence.
2. “Forex Tester 2" A program intro/eval
3. “Back Testing with Forex Tester 2" Philosophy and practice, What you should get from it.
4. “Counter Trend Pivot Point Trading” overview
5. “Saturday Post’s” What happened during the week with demo and/or live trading.
Learning the philosophy of picking a “Take profit” level was the biggest lesson and reason for my zero losses so far. (Don’t stand on the line. Pick one side or the other and go conservative for the win)
I actually chose to try to get a “Margin call” so we could discuss account rescue procedures. The margin got down to 225% (and was the biggest drawdown). We went over “Margin Call” escape and evasion, but the conservative “Take Profit” level cashed out for a profit.
My priorities are putting what I learned into practice and production i.e. winning pips. The eval will be done, but I’m not the fastest or best writer so bare with me.:err:
That being said you have to re-read my post's after 3 days (the words have changed). On the average I edit/re-craft them 5 times
minimum (ask the administrator) before I let them alone.
(Gee is that what you do to a take profit before a “margin call”... change/edit it???)
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