Recent content by RockyRacoon

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    Casual Trader's Journal

    Hey all, Just wanted to say that I am still alive. I have not traded real money since my last post. In fact, since my last post, I have gone back to Sim Trading and even lost HUGE there!! In my past, I would have "revenge traded" - and I am fully aware of those consequences and have thus...
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    Casual Trader's Journal

    Thanks guys. I know the loss is not really so bad.............. in my more risky days, I would have immediately hopped right back in and would have done really good - this time. But I have learned to just walk the heck away and actually live the old market axiom: "Better to be out of the market...
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    Casual Trader's Journal

    One of the few times I used a stop loss..........got hit for a 7% loss a few measly ticks from the top. First thing I did after that hit was simply walk away. Turned off my computer said the heck with it for a while.........I just now turned everything back on to see I would have done awesome...
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    Casual Trader's Journal

    Ha ha! Thank you very much JD! I crashed and burned too many times over the years, these days my whole trading mentality is completely different as I take only certain trades based on certain signals with a set risk (loss) limit and guard my account with every trade instead of thinking I can...
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    Casual Trader's Journal

    Yes, the spread is an added challenge with FXCM but I'm used to it and think that one of these days when I do trade a better spread, I will do just that much better - at least that's my hope lol.
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    Casual Trader's Journal

    First, I wish that I woulda held on to those 30 micros - man, I was short right at the top! AHHHHH!!! Yes, I will close my entire position, often with set limit orders, at a specific level or I may wait to see if price breaks S/R and if not, I'll get out of everything just after the bounce...
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    Casual Trader's Journal

    That's FXCM's "trading history". They don't seem to have history with actual entries and exits, so green arrows are simply winning trades, red arrows are losing trades and the arrows are shown approximately at the times the trades were executed. On the 4 hr and 30 min charts below, you can see...
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    Casual Trader's Journal

    Screw it, I'm back to all cash, made about 12% ($222.25) and will see if that was a good move or not in the morning lol.
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    Casual Trader's Journal

    Made about 12% thus far - gonna try to hold a partial position for a swing trade. Currently short 20 micros from an avg of 1.27641 with a stop to ensure I make a profit of about 3 pips on the 20 micros I'm still holding. At this point, I see no sense in placing my stop at a loss - so for now...
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    The Journey to Becoming a Successful Trader

    Not bragging Shanghai, it is, afterall, what it is. 35 for me.
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    The Journey to Becoming a Successful Trader

    I have posted this at various times on various boards over the years. What number are you? 1. We accumulate information--buying books, going to seminars and researching. 2. We begin to trade with our 'new' knowledge. 3. We consistently 'donate' and then realize we may need more knowledge or...
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    patience? no kidding

    I remember when I was trying swing trading - still do on occasion but no success in that department keeps my trading time frame comparatively very short. A few suggestions.......I see you are trading off the 4 hour chart, but first, start out with the bigger picture and look for areas of S/R...
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    patience? no kidding

    Took the words right out of my mouth, how about it Chartsy?
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    Casual Trader's Journal

    Had one losing day but added another 12% to the account this week, 6% to end this session. :)
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    Casual Trader's Journal

    Got my $50 back - plus another 2% ha ha! Took my piece of the pie and I'm feelin' the luvin' :) The game is good!
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