I have no intentions of giving up on this experiment…unless of course i blank the little side account here
and yes, i do find it more stressful.
Jay
I have no intentions of giving up on this experiment…unless of course i blank the little side account here
and yes, i do find it more stressful.
Jay
Not the best of days to start but hey who knows whats to come on UK session.
Eh… i got high hopes for my open positions.
as it is, i think i’m basically BE right now…and I have some nice open positions… so, we’ll see
Jay
Ok…eur/usd covered at 1.3754
made 0.23% on eur/usd short
closed gbp/usd shorts…from 1.6030 completely, and closed 50% of 1.6038…both at 1.6015
Stop on last half of 1.6030 moved back to 1.6060.
Will do the calcuations next.
Jay
Long EUR/USD, 1.3764
10 pip stop
14 pip target
risking 0.30%
long eur/usd at 1.3763
risking 0.10%
stop 1.3757
1.3779
long eur/usd at 1.3763 now has stop moved to BE
Stopped out at BE on eur/usd short risking 0.10%
stopped out at 0.30% loss on other eur/usd positions
reentered long at 1.3752, stop 21, target 30
risking 0.35%
long 1.3745, stop 15 pips, target 30 pips,
risking 0.10%
Fill was 1.3746
Well… just got long 1 more time…and this will be the last…at 1.3717 long on eur/usd
risking 0.65%,
27 stop,
60 target
Hail jay how ya doing? We’re in sync as I just when long at 3720, hoping for a good start to the week!
All the best with this personal challenge, if you get lonely there is at least one wannabe one post away :22:
I’m going out so I’ve got a trailing stop at +25 and tp up somewhere very optimistic
Closed gbp/usd short for 55 pips.
also closed 1/2 of the position of gbp/usd short from 1.6060 for 75 pips
final target on this trade is 1.5965
EDIT: closed final half of trade for 53 pips
gbp/usd long at 1.6007
stop 1.5991
target 1.6027
risking 0.35%
eur/usd short, 1.3690
risking 0.65%
35 target
30 stop
short eur/usd at 1.3685,
20 stop, 60 target
risking 0.25%
eur/usd short at 1.3780, stop 30, target 100
risking 1%
and the last trade for the day…
Jay
After one day and so many trades and still at b/e is well done, imho.
I did a little better however, because I did nothing and am also at b/e.
Well, after one day it’s too soon to say anything. After a month maybe it will show what’s going on.
Just today my bot couldn’t make those nice 30 pips because my network was down.
Ok… thanks everyone who’s contributed and wished me good luck so far… It’s appreciated! I will respond to everyone who’s commented in the next day or so, but now it’s time for me to contribute to this thread what it really needs, and what I can’t believe I’ve overlooked so far!
A Plan
I started this thread as something fun…but more importantly, to show what it takes to be successful. Well, it’s time I make good on that intention.
To be honest, I feel a bit embarrassed about how my first day out went. I knew this would take more preparation than even my own trading in my primary account does, and I didn’t give it the respect it deserved.
So, i’m going to carry over some of my own rules for trading to this project. I will be posting them up, and I won’t be trading anymore here until I do so.
Now…forget setups, forget methods: This is what trading excellence is really about - Self Control and Habitual Excellence via a comprehensive plan that restricts impulsive action, and reinforces an a series of optimal performance actions.
I don’t have time at the very moment to put this plan down here, but I will be starting on this tonight. This will take some time, and until then, I won’t be taking any trades here. But rest assurred, I think that most folks will find this aspect of trading more helpful than most other things out there, and I know that this will likely guarantee success for my goal.
Without such a plan, I pretty much guarantee failure
So, now the fun really begins! Will update this thread within the next day or so with the first part of the trading plan.
Jay
Awesome jay! Can’t wait for it.