05-09-2008, 12:33 PM
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Superior Master Contributor and Member
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Join Date: Dec 2007
Location: Pip World!!!
Posts: 621
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Quote:
Originally Posted by coastalfx
I currently have all of my positions closed. I figured this was as good of a time as any to start a journal. First let me just let you know that my trading style is very boring. However, I believe it will prove to be profitable over the longrun. I only trade off of weekly and daily charts. I am a trend trader. I use 1% to 2% on a 1:100 margin for each trade. I trade all 6 of the majors. I use large stop/losses up to 1000 pips. I do not use "Take Profits". When I am in a trend I use a trailing stop, the longer I am in the trend the larger the stop becomes. The goal of this method is to stay in a profitable trend as long as I can.
Trading starts on Monday,
Jackie
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Hey GoodLuck Jackie...
PipHacker!!! |