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A Honest journal

TheOracle
Jul 28 2011 at 17:24
175 posts
LOL. not realy. My study is done on my workstation using metatrader.

My trading is from a laptop on Oanda from another internet connection. I don't think they can get my studies that easy.

My concern is that the same scenario that happened with Sony suddenly happens with FXbook and they get hacked.

Can you imagine a freaking 'anonymous' opening some big positions on your account? BRRRRRRR !

Chikot
Jul 28 2011 at 17:31
2299 posts
I see. you mean all those passwords and account numbers.

Chikot
Jul 28 2011 at 17:32
2299 posts
btw, if we give only investor's password, no one can trade when logged in with investor's password, right? it is for observation only.

TheOracle
Jul 29 2011 at 12:29
175 posts
Market in a range.I guess people are nervous about the budget stuff.

I'm up 120 pips for the week. Very in line with what I'm doing for the last 6 months or so. My real test will be after mid august when my office will be ready and I'm gonna bump my money to pip ratio.

 I would say that my first psychological test can take up to 40% of my gains. Since I'm doing anything from 80 to 150 pips week for a while it will still keep me in profit. The good news is that after 2 or 3 weeks (if I can maintain my sanity) I should be back to my comfort zone range, than i will probably trade 2 or 3 months to really solidify my confidence until another bump.

Today I'm being super careful with my trades since my week goal is already achieved. I remember quite a few times giving away a big chunk of my profits on Friday. NOT ANYMORE !

Chikot
Jul 29 2011 at 13:19
2299 posts
Lol, I traded demo. unfortunately. more than 120 pips for today. closed everything just few seconds before it really tanked.
But it is ok, I also tend to have bad Fridays this is why i stopped before this Friday. Who knows when such moves happens, although after I saw this slow creeping movements towards yesterday's low I knew something was afoot.

Chikot
Jul 29 2011 at 13:20
2299 posts
I myself never trade live on Fridays. Especially after reading Market Wizards where one of them calculated that statistically his worst days were Fridays, so, he stopped trading Fridays. I think it is wise.

SirGoodman
Jul 29 2011 at 14:11
23 posts
How are you doing in your live trading ? Do you have a trade plan ? What is your risk management plan ? How much capital do you trade with ?

Good Trading...

TheOracle
Jul 29 2011 at 14:29
175 posts
Darn! I can't believe I lost this entire movement. I'm not focused enough today so I'm definitely turning the computer off before I make something stupid.

The problem is that the retest of 4230 was less than perfect for my standards it only came back to 4240. Five pips lower and a trade was pretty possible.

Oh well! I'm tired, very tough week on my remodeling project, I'm calling it a week see you guys monday!

James_Bond
Jul 29 2011 at 14:52
556 posts
Chikot
Jul 29 2011 at 14:59
2299 posts
wise decision 😉 Have a nice weekend !

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