A Honest journal
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 12:38
(bearbeitet Jul 28, 2011 at 12:39)
Zero, do I care of your opinion? MMm, really not. Keep working on your project. It is far from being over. You will see it soon enough.
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 12:41
Same here. I came to conclusion that when it comes to day trading risk to reward is not always working. Take whatever market gives.
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 16:26
Hehe, exactly. usually failure to break something is the best opportunity. Very often it is fast. Quick money.
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 16:38
someone today told that those lines mean absolutely nothing. But if you check those lines on the chart I posted it is clear price reacts to them or speed up when breaking them.
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 16:50
(bearbeitet Jul 28, 2011 at 16:51)
Congrats man! practice makes perfect! You sure do not want to connect yourself to myfxbook? even with hidden history. It always good to see nice growth and as far as I am concerned it helps with discipline.
Jul 28, 2011 at 17:01
I have to study better how FXbook does it Chikot. They claim a 'read only' access to your account but i have my doubts about it being exploited by hackers or something.
If I do it will probably be when I start trading full time again. For now I'm in transition mode.
If I do it will probably be when I start trading full time again. For now I'm in transition mode.
Forex or bust!
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 17:12
I wonder, why is it important? You do not want to them to spy on your strategy?
Jul 28, 2011 at 17:24
(bearbeitet Jul 28, 2011 at 17:28)
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 !
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 !
Forex or bust!
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 17:31
I see. you mean all those passwords and account numbers.
Mitglied seit Jan 14, 2010
2299 Posts
Jul 28, 2011 at 17:32
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.
Jul 29, 2011 at 12:29
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 !
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 !
Forex or bust!
Mitglied seit Jan 14, 2010
2299 Posts
Jul 29, 2011 at 13:19
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.
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.
Mitglied seit Jan 14, 2010
2299 Posts
Jul 29, 2011 at 13:20
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.
Mitglied seit Jul 24, 2011
23 Posts
Jul 29, 2011 at 14:11
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...
Good Trading...
Jul 29, 2011 at 14:29
(bearbeitet Jul 29, 2011 at 14:30)
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!
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!
Forex or bust!
Mitglied seit Jan 14, 2010
556 Posts
Jul 29, 2011 at 14:52
Have a nice weekend 😄
Mitglied seit Jan 14, 2010
2299 Posts
Jul 29, 2011 at 14:59
(bearbeitet Jul 29, 2011 at 15:00)
wise decision 😉 Have a nice weekend !
