dimsdaletraders
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Okay, I'm gonna try not to skite on endlessly here, I want to try and keep this as a journal of my trades. So here goes. (comments welcome, tho, obviously!)
I started on October 26th with a "practice" account of £1,000. Real money, with MFGlobal, but small enough so I can afford to lose it. I'm only trading stocks from the FTSE350, EOD, for now.
So far I've completed 20 trades. Of those, I've had 7 wins, and 13 losses. My a/c went down by almost 9% at one point, but back to 6% under at the moment.
Current position: I have three open trades, six trades placed with MFG but not yet active, and nine trades on my watchlist.
My open trades are:
GSK: went long on Dec 10th, entered at 1297, initial sl at 1279, current price 1324. Tonight I entered a take-profit of 1335, and moved sl to BE point (option a). The alternative was to move sl to 1319 (option b), and let it stop me out tomorrow for 20 or so points if it falls back. That would have meant almost certainly not making my target, so I went with option a.
MRW: went long on Dec 11th. This one was an FA call, tho with TA support, entered at 282.4, sl 272, I was looking for a consol. breakout. Current price is 275.7 after 277.1 yesterday. It's still trading in its channel, tho, so haven't interfered with it.
BVIC: went long on Dec 11th. entered at 384.8, sl at 372, current price 388, after closing yesterday at 390.5. Only realised there was probably going to be strong resistance at 400 when it was too late and trade was live, so doubt I'll make my target. Currently planning to trail sl if possible, first to 386, then 391, and take what comes, loss or win.
My placed (but non-activated) trades are:
ATST long (e 317, sl 305)
BP. long (e 596, sl 570)
CCL short (e 317, sl 334)
GPOR short (e 266 sl 276)
KESA long (e 164 sl 148)
ETI short (e 93 sl 107)
More tomorrow.
I started on October 26th with a "practice" account of £1,000. Real money, with MFGlobal, but small enough so I can afford to lose it. I'm only trading stocks from the FTSE350, EOD, for now.
So far I've completed 20 trades. Of those, I've had 7 wins, and 13 losses. My a/c went down by almost 9% at one point, but back to 6% under at the moment.
Current position: I have three open trades, six trades placed with MFG but not yet active, and nine trades on my watchlist.
My open trades are:
GSK: went long on Dec 10th, entered at 1297, initial sl at 1279, current price 1324. Tonight I entered a take-profit of 1335, and moved sl to BE point (option a). The alternative was to move sl to 1319 (option b), and let it stop me out tomorrow for 20 or so points if it falls back. That would have meant almost certainly not making my target, so I went with option a.
MRW: went long on Dec 11th. This one was an FA call, tho with TA support, entered at 282.4, sl 272, I was looking for a consol. breakout. Current price is 275.7 after 277.1 yesterday. It's still trading in its channel, tho, so haven't interfered with it.
BVIC: went long on Dec 11th. entered at 384.8, sl at 372, current price 388, after closing yesterday at 390.5. Only realised there was probably going to be strong resistance at 400 when it was too late and trade was live, so doubt I'll make my target. Currently planning to trail sl if possible, first to 386, then 391, and take what comes, loss or win.
My placed (but non-activated) trades are:
ATST long (e 317, sl 305)
BP. long (e 596, sl 570)
CCL short (e 317, sl 334)
GPOR short (e 266 sl 276)
KESA long (e 164 sl 148)
ETI short (e 93 sl 107)
More tomorrow.
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