I am getting ready to open a real account again. i opened a few years ago and lost my rear end. i went back to studying and have been in the green for some time now... in a demo. the thing i had to over come was to cut my losses instead of averaging down-which is what i dont do anymore. so far...
I am looking for a trading position. I have no degree but I can trade. I find that no one will talk to me without a degree. I have posted my records for may. It is a demo account however, it should count for consistency. Any thoughts? Thanks your your input.
got it. im up +1% today
my one and only problem that keeps me from making a million dollars is the fact that i will continue to average down even if the trend has changed. i need to call my stop before my trade. i need to do this on every trade.
i need to define my 'puke point' beforehand...
i took another dive
i really did not want to post this because i am embarrassed. but i think this is a way i can stop doing this nonsense!!!! i lost all profits from the last 2 weeks on this one trade.
i bought the usd/yen in a super strong downtrend. why? because of what i "thought" was gonna...
hey there great job! dude i am in amazement everyday with your account! keep on a rollin and soon, you will wipe your tears with $100 bills like on dumb and dumber! ha!
up another 8.3
got me some more pips on the pound.
i am working on my last trade for the night and it is making me sweat right now. it is the usd/jpy. i am in the hole a bit and i am trying to get out at break even. i am gonna hold it a bit longer. we will see what happens and i will post...
this was my next basket of trades today.
i took a small loss because i closed them out before the weekend. i took a small gain on a couple and a small loss on a couple. the reason i did not wait till closing bell to close them was because if i closed them now, i would be at a small loss instead...
On a roll today!
My basic strategy today was to spread risk around. thats what i did and my reward was awesome!
took a gbp/usd for +12.1 pips
took a eur/usd for +10.6 pips
took a usd/jpy for +8 pips pips
took a usd/chf for +11.4 pips
and took a usd/cad for +11 pips
ill post my charts in a minute
i need to learn to hold on a little longer
i placed my trade this morning and held onto it all day because i believed support was gonna break. i even added to my position because i felt like support was gonna break. then i woke up and started fiddling with it and watching the charts and closed...
alas! got my mojo back and it wasnt a scalp!
place 3 trades
1st one +25.3 pips
2nd one +9.7 pips
3rd one +45.8 pips
average of 26.9 pips for all 3
anyhow, i got back most of my losses from yesterday and i am happy with that.
note to self as far as yesterday was concerned... "when arguing...
a loss i can recover from
i went long twice, then as a mini 5 minute trend line was broken i got cautious. but the hourly trendline was broken however the hourly bar didnt close below it but by that point i had reversed my position. i guess this is what ya call getting whipsawed.
it is a loss...