Just a Journal (win or lose)

This is a discussion on Just a Journal (win or lose) within the Trading Journals forums, part of the Reception category; Originally Posted by Dinos Long EU @ 65 -5...

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Old Mar 28, 2017, 2:42pm   #76
 
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Long EU @ 65
-5
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Old Mar 28, 2017, 3:03pm   #77
 
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Dinos started this thread Long EJ @ 84
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Old Mar 28, 2017, 3:05pm   #78
 
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Dinos started this thread Short GU @ 42
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Old Mar 28, 2017, 3:06pm   #79
 
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Dinos started this thread Long DAX @ 98
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Old Mar 28, 2017, 3:06pm   #80
 
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short gu @ 42
+10
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Old Mar 28, 2017, 3:07pm   #81
 
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Long EJ @ 84
+6
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Old Mar 28, 2017, 3:14pm   #82
 
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Long DAX @ 98
Scratched trade at entry price, as no momentum and round number in the way
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Old Mar 28, 2017, 3:36pm   #83
 
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Dinos started this thread Maybe a long trade EU at 14:40
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Old Mar 28, 2017, 3:44pm   #84
 
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Dinos started this thread Long EU @ 67..... stop at 62
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Old Mar 28, 2017, 3:52pm   #85
 
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Long EU @ 67..... stop at 62
+3
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Old Mar 28, 2017, 3:56pm   #86
 
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Dinos started this thread That will do for today:

Day 2
Trades 11
Won 7 (63%)
Lost 2 (18%)
Scratched 2
Pips Gained: 42
Pips Lost: 8
NET PIPS: 34

Totals

Days Recording: 2
Winning Days: 2
Trades 22
Trades Won 14 (63%)
Trades lost: 6
Trades scratched: 2
Pips gained: 94
Pips Lost: 28

NET PIPS: 66
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Old Mar 28, 2017, 4:13pm   #87
 
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Dinos started this thread Losing trades are all part and parcel of a winning strategy, its impossible to win every trade, anybody who says they do are lying. I don't let the emotion of a losing trade get in my mind, I move onto the next trade. I'm not a glory hunter,looking to make hundreds of pips, each trade is ££'s, so I get in, grab a few pips and get out fairly quickly.

One thing stuck in my mind from many years ago, was a "story" by John Carter of CME, it goes something like this:

Imagine your a bird sat in a tree above a garden, surrounded by bushes, on the floor are the seeds you want to eat, but in the bushes are the cats wanting to eat you. Every now and again a window of opportunity appears for you to fly down, grab a few bits of seed before the cats know your there and safely return to your branch. The birds that get daring, stayed on the ground a bit longer, but never had the opportunity to return to the safety of the trees.

Using that analogy, I enter the market for a few scraps of points on a regular basis, in and out, take the pips, accept the losses, but never allow myself to stay in the markets long enough to lose out completely.

Have a nice night, until tomorrow, bye
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Thanks! The following members like this post: NickBk , swissy , wackypete2
Old Mar 28, 2017, 5:08pm   #88
 
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Dinos started this thread Gone short on DAX @ 12148, stop 12168, small stakes and hold overnight.
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Old Mar 28, 2017, 5:11pm   #89
 
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Gone short on DAX @ 12148, stop 12168, small stakes and hold overnight.
Well done Dinos.
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....Indicators show the past. Price Action "Indicates" the future.
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Old Apr 3, 2017, 2:59pm   #90
 
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has captain rob run aground ?
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