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CFD

My CFD Journey: Major Blow Yesterday

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Worst drawback that I’ve had happened yesterday. I kept hitting trades that just failed miserably. The market has totally changed it’s game since last week. It’s way more choppier and it has rebounded better than I expected. I had to cool down due to the loss yesterday, but I’m back at it today. Thankfully, I’m still up 169% from my original bankroll which is GOOD. But I risked far too much yesterday and did not stick to my trading rules. I have to be way more careful going forward even though I’ve turned in a nice profit. Remember, you never make money unless you actually withdraw the money from your trading platform. That’s probably something I should have done to minimise the risk.

My Results

Start 258 064,52
Day 1 25.01.2018 Dax Buy 13268 13274 13262 6 472,52 264 537,03 2,51
Day 2 26.01.2018 Dax Sell 13342 13318 13392 7 642,84 272 179,87 5,47
Day 3 29.01.2018 Dax Buy 13331 13336 13313 12 508,39 284 688,26 10,32
Day 4 30.01.2018 Dax Buy 13226 13233 13176 6 625,94 291 314,19 12,88
Day 5 31.01.2018 Dax Buy 13217 13230 13187 26 474,06 317 788,26 23,14
Day 6 01.02.2018 Dax Sell 13291 13265 13327 10 834,58 328 622,84 27,34
Day 7 02.02.2018 Dax Buy 12797 12825 12772 72 314,97 400 937,81 55,36
Day 7 02.02.2018 Dow x x x x −340 000,00 60 937,81 −76,39
Day 8 05.02.2018 Dow & Dax x x x x 353 333,33 420 000,00 62,75
Day 9 06.02.2018 Dow & Dax x x x x 236 933,20 656 933,20 148,33
Day 10 07.02.2018 Dow & Dax x x x x 278 933,47 935 866,67 243,84
Day 11 08.02.2018 Dow & Dax x x x x 212 533,33 1 148 400,00 303,39
Day 12 09.02.2018 Dow & Dax x x x x 272 266,67 1 420 666,67 387,68
Day 13 12.02.2018 Dow & Dax x x x x 171 240,00 1 591 906,67 400,93
Day 14 13.02.2018 Dow & Dax x x x x −705 240,00 886 666,67 169,81
Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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CFD

My CFD Journey: Bringing it in Again

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I’m back into the groove. I’m way more patient now, looking for the right entry levels. I’m not jumping into a position like I did before. I’m taking less risk, and having more winning trades. I have an inner conflict with myself, a part of me wants to make a lot of money very fast, and another part of me wants to make less money with less risk. My end goal is to have a CFD-strategy that works over a longer period of time, as long as I make money, anyone should be happy, right?

My results

Order Entry Price Take Profit Stop Loss USD Bank Roll USD % of Start Cap.
Start 258 064,52
Day 1 25.01.2018 Dax Buy 13268 13274 13262 6 472,52 264 537,03 2,51
Day 2 26.01.2018 Dax Sell 13342 13318 13392 7 642,84 272 179,87 5,47
Day 3 29.01.2018 Dax Buy 13331 13336 13313 12 508,39 284 688,26 10,32
Day 4 30.01.2018 Dax Buy 13226 13233 13176 6 625,94 291 314,19 12,88
Day 5 31.01.2018 Dax Buy 13217 13230 13187 26 474,06 317 788,26 23,14
Day 6 01.02.2018 Dax Sell 13291 13265 13327 10 834,58 328 622,84 27,34
Day 7 02.02.2018 Dax Buy 12797 12825 12772 72 314,97 400 937,81 55,36
Day 7 02.02.2018 Dow x x x x −340 000,00 60 937,81 −76,39
Day 8 05.02.2018 D&D x x x x 353 333,33 420 000,00 62,75
Day 9 06.02.2018 D&D x x x x 236 933,20 656 933,20 154,56
Day 10 07.02.2018 D&D x x x x 278 933,47 935 866,67 262,65
Day 11 08.02.2018 D&D x x x x 212 533,33 1 148 400,00 345,01
Day 12 09.02.2018 D&D x x x x 272 266,67 1 420 666,67 450,51
Day 13 12.02.2018 D&D x x x x 171 240,00 1 591 906,67 516,86
Day 14 13.02.2018 D&D x x x x −705 240,00 886 666,67 243,58
Day15 14.02.2018 D&D x x x x −481 600,00 405 066,67 56,96
Day16 15.02.2018 D&D x x x x 86 933,33 492 000,00 85,99
Day 17 16.02.2018 D&D x x x x −198 666,67 293 333,33 13,67
Day 18 19.02.2018 D&D x x x x 80 000,00 373 333,33 44,67
Day 19 21.02.2018 D&D x x x x 83 866,67 457 200,00 77,17
Day 20 22.02.2018 D&D x x x x 98 666,67 555 866,67 115,40
Day 21 23.02.2018 D&D x x x x 58 666,67 614 533,33 138,13

And my stats

Lol.. Look at this trading day. 522,025 NOK gained, 5,110 NOK lost. If this happened to me everyday, I would be very happy.

Now I just hope I don’t enter any trades later today just to destroy these nice stats.

Have a nice weekend, and let’s see what the next week might bring.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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7 votes, average: 4.57 out of 57 votes, average: 4.57 out of 57 votes, average: 4.57 out of 57 votes, average: 4.57 out of 57 votes, average: 4.57 out of 5 (7 votes, average: 4.57 out of 5)
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CFD

My CFD Journey: Taking it slower, bringing in the profits

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I’m way more careful now, I monitor the market and play mind games. What if I had bought at this level? Then I wait and watch what happens with the price. Most of these games have been profitable, so if I only had entered them I would have made much more today. But this is about learning, take it easy, and ensure more profits than losses.

My Results

Order Entry Price Take Profit Stop Loss USD Bank Roll USD % of Start Cap.
Start 258 064,52
Day 1 25.01.2018 Dax Buy 13268 13274 13262 6 472,52 264 537,03 2,51
Day 2 26.01.2018 Dax Sell 13342 13318 13392 7 642,84 272 179,87 5,47
Day 3 29.01.2018 Dax Buy 13331 13336 13313 12 508,39 284 688,26 10,32
Day 4 30.01.2018 Dax Buy 13226 13233 13176 6 625,94 291 314,19 12,88
Day 5 31.01.2018 Dax Buy 13217 13230 13187 26 474,06 317 788,26 23,14
Day 6 01.02.2018 Dax Sell 13291 13265 13327 10 834,58 328 622,84 27,34
Day 7 02.02.2018 Dax Buy 12797 12825 12772 72 314,97 400 937,81 55,36
Day 7 02.02.2018 Dow x x x x −340 000,00 60 937,81 −76,39
Day 8 05.02.2018 D&D x x x x 353 333,33 420 000,00 62,75
Day 9 06.02.2018 D&D x x x x 236 933,20 656 933,20 154,56
Day 10 07.02.2018 D&D x x x x 278 933,47 935 866,67 262,65
Day 11 08.02.2018 D&D x x x x 212 533,33 1 148 400,00 345,01
Day 12 09.02.2018 D&D x x x x 272 266,67 1 420 666,67 450,51
Day 13 12.02.2018 D&D x x x x 171 240,00 1 591 906,67 516,86
Day 14 13.02.2018 D&D x x x x −705 240,00 886 666,67 243,58
Day15 14.02.2018 D&D x x x x −481 600,00 405 066,67 56,96
Day16 15.02.2018 D&D x x x x 86 933,33 492 000,00 85,99
Day 17 16.02.2018 D&D x x x x −198 666,67 293 333,33 13,67
Day 18 19.02.2018 D&D x x x x 80 000,00 373 333,33 44,67
Day 19 21.02.2018 D&D x x x x 83 866,67 457 200,00 77,17
Day 20 22.02.2018 D&D x x x x 98 666,67 555 866,67 115,40

 

I’m way more succesfull with the trades I enter, out of 25 trades, 21 are winning trades and 4 are losing trades.

The best way to make money, is to ensure that you don’t lose money. That’s something I’m focusing on more now rather than large gains and high risk.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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CFD

My Bumpy CFD Journey: Still in Profits

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Oh my. Day trading CFDs is no joke. The market has been very volatile. I’ve had positions with plenty of gains, to only be SLed out after a massive price swing. I am still trying to figure out how I can have a profitable trading strategy. Previous mistakes have been to trade when the momentum is slow = hard to discover the trend of the day. I’ve learned that I love to follow the trends, follow the momentum, and then to be quick to take profits when the trend might change. Some of my most profitable trades have been to “ride the trend”. On some, I’ve made more than 200 000 USD alone. But you have to stay focused, as the trend might turn quite sharply.

I find it easier to trade Dow Jones and Dax once they open and close. That’s often when there are more distinctive trends to spot, or quick price reversals.

Don’t Stress

I have to be way more patient. As you can see below, I’ve had way too high swings, both up and down. The goal for me and this journey is not to make a lot of money fast, it is to find a sound strategy that works. A strategy I can use over multiple years, so gains right now should not be the goal. But with the human mind, it’s hard to not get “dragged in” to the money hole. When you are desperate or greedy, you often tend to take the wrong decision. I have to be way reflective and only enter trades where I can see a strong trend or a possible strong price reversal.

My Results

As of now, I’m up 72% of my original deposit. This is a good gain, e.g. if you had 258 064 and ended up with 457 200 USD after investing in Bitcoin or Apple, you would be ecstatic. So I should be very happy, if this was the year’s result. I could even quit now and be on the plus side. But this is not my plan, I want to find a good strategy that I can teach you. And if I take a hit, so be it.

Order Entry Price Take Profit Stop Loss USD Bank Roll USD % of Start Cap.
Start 258 064,52
Day 1 25.01.2018 Dax Buy 13268 13274 13262 6 472,52 264 537,03 2,51
Day 2 26.01.2018 Dax Sell 13342 13318 13392 7 642,84 272 179,87 5,47
Day 3 29.01.2018 Dax Buy 13331 13336 13313 12 508,39 284 688,26 10,32
Day 4 30.01.2018 Dax Buy 13226 13233 13176 6 625,94 291 314,19 12,88
Day 5 31.01.2018 Dax Buy 13217 13230 13187 26 474,06 317 788,26 23,14
Day 6 01.02.2018 Dax Sell 13291 13265 13327 10 834,58 328 622,84 27,34
Day 7 02.02.2018 Dax Buy 12797 12825 12772 72 314,97 400 937,81 55,36
Day 7 02.02.2018 Dow x x x x −340 000,00 60 937,81 −76,39
Day 8 05.02.2018 D&D x x x x 353 333,33 420 000,00 62,75
Day 9 06.02.2018 D&D x x x x 236 933,20 656 933,20 154,56
Day 10 07.02.2018 D&D x x x x 278 933,47 935 866,67 262,65
Day 11 08.02.2018 D&D x x x x 212 533,33 1 148 400,00 345,01
Day 12 09.02.2018 D&D x x x x 272 266,67 1 420 666,67 450,51
Day 13 12.02.2018 D&D x x x x 171 240,00 1 591 906,67 516,86
Day 14 13.02.2018 D&D x x x x −705 240,00 886 666,67 243,58
Day15 14.02.2018 D&D x x x x −481 600,00 405 066,67 56,96
Day16 15.02.2018 D&D x x x x 86 933,33 492 000,00 85,99
Day 17 16.02.2018 D&D x x x x −198 666,67 293 333,33 13,67
Day 18 19.02.2018 D&D x x x x 80 000,00 373 333,33 44,67
Day 19 21.02.2018 D&D x x x x 83 866,67 457 200,00 72,83

My trading stats today

 

I wish you all a good day.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

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9 votes, average: 4.44 out of 59 votes, average: 4.44 out of 59 votes, average: 4.44 out of 59 votes, average: 4.44 out of 59 votes, average: 4.44 out of 5 (9 votes, average: 4.44 out of 5)
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