Annual Targets: ROI>15% DD<10%

This is a discussion on Annual Targets: ROI>15% DD<10% within the Trading Journals forums, part of the New Traders category; Just sold EUR/USD 1.3277, stop loss 1.3310...

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Old May 1, 2012, 4:35am   #17
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Mr Woozel started this thread Just sold EUR/USD 1.3277, stop loss 1.3310
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Old May 1, 2012, 4:37am   #18
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Originally Posted by Mr Woozel View Post
GBP/USD:
bid 1.6202, stop loss 1.6168
bid now actrivated
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Old May 1, 2012, 4:41am   #19
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Mr Woozel started this thread Summary of open trades:

GBP/USD:
sold 1.6246, sl now at 1.6261
bought 1.6202, sl 1.6168


EUR/JPY:
bought 135.52, sl now at 135.40

EUR/USD:
sold 1.3277, sl 1.3310
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Old May 1, 2012, 5:35am   #20
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Originally Posted by Mr Woozel View Post
Summary of open trades:

GBP/USD:

bought 1.6202, sl 1.6168
stop loss moved to 1.6189
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Old May 1, 2012, 7:39am   #21
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Default Re: Annual Targets: ROI>15% DD<10%

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Originally Posted by Mr Woozel View Post
Hi,

started beginning of April with £600. Made about 5 trades but realised I was risking too much per trade. This made me hesitant to place orders. Therefore missed some nice trades. Don't need a big winrate to hit my annual targets...
Missing some nice trade is part and parcel of trading. Each trader have same feeling many times.
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Old May 1, 2012, 8:21am   #22
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Originally Posted by Patricia12 View Post
Missing some nice trade is part and parcel of trading. Each trader have same feeling many times.
Sure, but I wasn't placing orders for fear of large drawdowns and large drawdowns would damage my confidence. I would find some excuse not to place the order. Risking approx 0.5% eliminates that fear for me.
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Old May 1, 2012, 10:26am   #23
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Originally Posted by Mr Woozel View Post
stop loss moved to 1.6189
Stop loss hit 1.6189 for GBP/USD buy at 1.6202.


Active trades
GBP/USD:
sold 1.6246, sl now at 1.6261

EUR/JPY:
bought 135.52, sl now at 135.40

EUR/USD:
sold 1.3277, sl 1.3310
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Old May 1, 2012, 10:30am   #24
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Default Re: Annual Targets: ROI>15% DD<10%

Mr Woozel started this thread just sold USD/JPY at 80.24 stop loss 80.55
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