A Honest journal

Jul 20, 2011 at 18:12
15,936 Views
338 Replies
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 20:00

TheOracle posted:
    Zero, Since I started posting my journal here I'm been nothing but polite with you,

I don't either care or know if you are a multiple account blower as people say, but if you are losing money or mad about something please don't come here on my thread to post off topic comments.

I'm not here to attack anybody. I just want to write down my ongoing trading experience. If you, Bruce or somebody else feels like posting here fine but don't start flaming out of nothing.

PS- No Zero, I don't remember you from oanda's forum.

where is your chart?

z/.

Member Since Jan 14, 2010   2299 posts
Aug 01, 2011 at 20:05
still it is frustrating. I have made 3 trades today. Long made 80 pips I picked 30. short went almost 300 pips I picked 35.
The problem is that market doing this in not smooth mannner. 2 bucks up then 5 bucks down.

TheOracle posted:
    Ok since my family was out today meaning that the house was quiet i decide to trade until later. Got all my positions squared now.

My first trade was a short for +42 pips than I lost 15 pips trying to go long around 4265. Got the right direction on another long @ 4195 trade that I closed for +35 pips.

+62 pips not bad for a monday 😁! I used to get frustrated in days like today when the market moves a lot and I get relatively few pips, but over the years i learned that consistence is more important that big gains.

Since London the pair moved 268 pips and in the old days i would be trading (gambling) all over this big drop. I remember one night in 2007 when i made 2 grand in 30 minutes shorting the cable. But i also remember very well when 30 grand went down the drain due to my margin call err shorting the cable.

62 pips may not be much in a day like this but for the last 6 or 8 months I'm making consistent pips each week. i kinda miss the adrenaline rush of making good money in minutes but i like better my stress free and 'turtle' pips now!

See you guys tomorrow !
Member Since Jan 14, 2010   2299 posts
Aug 01, 2011 at 20:08 (edited Aug 01, 2011 at 20:09)
still, I have to agree that consistency is far more important that making killer trades. I remember seeing chart of the guy who traded making 0.1-0.2% daily for 10 years. The most beautiful chart I have ever seen. Very consistent and inspiring confidence.
Member Since Jan 14, 2010   2299 posts
Aug 01, 2011 at 20:11
today's moves were caused by US news and we could not know how the market would react and it could reverse against us easily. when certain level shows itself as important and it is either getting broken or break out fails this is when more pips can be picked with more confidence.
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 20:54

zzzero posted:

where is your chart?

z/.



Ok Zero there yah go, my chart 😁

<a href='' target='_blank'><img src=''/></a>

Attachments:

Forex or bust!
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 20:59
hey Chikot glad to see that you grabbed some pips also!

When I saw the market tanking I was really tempted to jump in to a emotional trade. I made money in the past trying to catch falling knifes like today. But guess what? I gave it all back.

I'm happy with my few pips today 😁
Forex or bust!
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:07

TheOracle posted:
    
zzzero posted:

where is your chart?

z/.



Ok Zero there yah go, my chart 😁

<a href='' target='_blank'><img src=''/></a>

no sir.

a real chart, sir, if you don't mind..

this business is not about talk, it is about charts.

where is your chart?

zero/.

Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:10

zzzero posted:

no sir.

a real chart, sir, if you don't mind..

this business is not about talk, it is about charts.

where is your chart?

zero/.



If you don't mind zero this is my personal thread and if i post charts when i post it, it will be up to my discretion not your command 😁
Forex or bust!
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:13 (edited Aug 01, 2011 at 21:15)
no sir, this is not your personal thread.

this is a website that is all about the posting of trading charts.

if you don't mind, that is..

i do not see your chart.

an honest journal, as you call it, would be backed up with a chart.

z/.
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:15 (edited Aug 01, 2011 at 21:15)

zzzero posted:
    no sir, this is not your personal thread.

this is a website that is all about the posting of trading charts.

if you don't mind, that is..

z/.


Ok Zero since i have some spare time now and you are around lets play your silly game 😁

Give me one reason, Just one reason for me to bother myself posting charts here.😁
Forex or bust!
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:17 (edited Aug 01, 2011 at 21:23)
TheOracle posted:
    
zzzero posted:
    no sir, this is not your personal thread.

this is a website that is all about the posting of trading charts.

if you don't mind, that is..

z/.


Ok Zero since i have some spare time now and you are around lets play your silly game 😁

Give me one reason, Just one reason for me to bother myself posting charts here.😁

absolutely wonderful.

give you one reason for you to post your chart?

because that is what we do here.

now, the chart, sir.

if you don't mind, that is..

z/.



Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:21

zzzero posted:
    


absolutely wonderful.

give you one reason for you to post your chart?

because that is what we do here.

now, the chart, sir.

if you don't mind, that is..

z/.


I beg to differ Zero what i do here is post about my daily trades. Note the word 'post' thats my choice. On my thread 😁
Forex or bust!
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:26 (edited Aug 01, 2011 at 21:26)
Come on zero you have to post faster! I don't have all the time in the world 😁
Forex or bust!
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:28
<b>from the About myfxbook page:

So how did it all started? Our aim was (and still is) to create a professional community for traders, where performance is transparent and audited.</b>

the chart, sir.

if you dont mind..
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:29

zzzero posted:
    <b>from the About myfxbook page:

So how did it all started? Our aim was (and still is) to create a professional community for traders, where performance is transparent and audited.</b>

the chart, sir.

if you dont mind..


Well, if you have a problem with my thread report it to the mods 😁 lets see what they think about it😁

I fail to see where it says that Zero make the rules here 😁
Forex or bust!
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:33
I know that people get grumpy when they lose money zero! I use to go on FF and flame people because I was going nowhere on my trades 😁

 
Forex or bust!
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:35

TheOracle posted:

Well, if you have a problem with my thread report it to the mods 😁 lets see what they think about it😁

I fail to see where it says that Zero make the rules here 😁

no, i dont run squealing to mods...

the chart, sir.

z/..
Member Since Jul 20, 2011   175 posts
Aug 01, 2011 at 21:36 (edited Aug 01, 2011 at 21:36)

zzzero posted:
 no, i dont run squealing to mods...

the chart, sir.

z/..


You forgot to give me a good reason! Remember? Sir! 😁
Forex or bust!
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:36

TheOracle posted:
    I know that people get grumpy when they lose money zero! I use to go on FF and flame people because I was going nowhere on my trades 😁

AN HONEST TRADING JOURNAL WILL BE BACKED UP WITH A CHART..

I HAVE ALL DAY.

Z/.
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 01, 2011 at 21:37 (edited Aug 01, 2011 at 21:39)
TheOracle posted:
    
zzzero posted:
 no, i dont run squealing to mods...

the chart, sir.

z/..


You forgot to give me a good reason! Remember? Sir! 😁

AN HONEST TRADING JOURNAL WILL BE BACKED UP WITH A CHART..

I HAVE ALL DAY.

Z/.


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