A Honest journal

Jul 20, 2011 at 18:12
16,030 Просмотры
338 Replies
Участник с Jan 14, 2010   2299 комментариев
Jul 28, 2011 at 12:38 (отредактировано 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.
Участник с Jan 14, 2010   2299 комментариев
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.
Участник с Jul 20, 2011   175 комментариев
Jul 28, 2011 at 12:53
If you see things as a probability things start to get better.

A trend line is a probability.

A indicator is a probability.

Nothing is for sure. If you trade based in this principle you have a chance to make it.
Forex or bust!
Участник с Jul 20, 2011   175 комментариев
Jul 28, 2011 at 14:22 (отредактировано Jul 28, 2011 at 14:23)
Nice trade long from 1.4260. As price failed to break it, i took a trade and had almost no draw down. Little bumpy road after that but, hey, right now I'm sitting at +40 😀
Forex or bust!
Участник с Jan 14, 2010   2299 комментариев
Jul 28, 2011 at 16:26
Hehe, exactly. usually failure to break something is the best opportunity. Very often it is fast. Quick money.
Участник с Jan 14, 2010   2299 комментариев
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.
Участник с Jul 20, 2011   175 комментариев
Jul 28, 2011 at 16:40
Ok, closing the trade for +43 😁 Up for the day and my week also looking very good.

See you guys tomorrow!
Forex or bust!
Участник с Jan 14, 2010   2299 комментариев
Jul 28, 2011 at 16:50 (отредактировано 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.
Участник с Jul 20, 2011   175 комментариев
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.
Forex or bust!
Участник с Jan 14, 2010   2299 комментариев
Jul 28, 2011 at 17:12
I wonder, why is it important? You do not want to them to spy on your strategy?
Участник с Jul 20, 2011   175 комментариев
Jul 28, 2011 at 17:24 (отредактировано 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 !
Forex or bust!
Участник с Jan 14, 2010   2299 комментариев
Jul 28, 2011 at 17:31
I see. you mean all those passwords and account numbers.
Участник с Jan 14, 2010   2299 комментариев
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.
Участник с Jul 20, 2011   175 комментариев
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 !
Forex or bust!
Участник с Jan 14, 2010   2299 комментариев
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.
Участник с Jan 14, 2010   2299 комментариев
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.
Участник с Jul 24, 2011   23 комментариев
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...
Участник с Jul 20, 2011   175 комментариев
Jul 29, 2011 at 14:29 (отредактировано 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!
Forex or bust!
Участник с Jan 14, 2010   556 комментариев
Jul 29, 2011 at 14:52
Have a nice weekend 😄
Участник с Jan 14, 2010   2299 комментариев
Jul 29, 2011 at 14:59 (отредактировано Jul 29, 2011 at 15:00)
wise decision 😉 Have a nice weekend !
You must be connected to Myfxbook in order to leave a comment
*Коммерческое использование и спам не допускаются и могут привести к аннулированию аккаунта.
Совет: Размещенные изображения или ссылки на Youtube автоматически вставляются в ваше сообщение!
Совет: введите знак @ для автоматического заполнения имени пользователя, участвующего в этом обсуждении.