a profit is a profit at the end of the day…
a loss is what is unacceptable…
nice work.
Again, a post-news setup. Support was broke last week with the BOE interest rate decision.
Short GU 1.5575, SL 1.5595, TP 1.5475
100 pips
here is one i took earlier.
sell 10 x GBP CHF 1.5209 closed 8X @ 1.5192 ---------------- 8 x 17 pips = + 136 pips.
-------------------------------- closed 1 x @ 1.5213----------------- 1x 4 pips = - 4 pips.
total --------------------------------------------------------------------------------= + 132 pips
daily chart gbp chf
gonna take 80 percent profit in a short time and let the rest run…as the position is most probably gonna be a retracement…from the up trend…but may turn to be a reversal…but i dont think so until high has been retested at some point.
not as busy today and yesterday as i should have been.
sleep pattern all over the place
monday results just over + 1.0 percent profit on total equity.
tuesday only took a couple small trades on fiber and cable …ended up about +0.1 percent on total equity.
wednesday (today) +41 pips shorting fiber earlier on which equates to about + 0.2 percent profit on total equity.
thursday …got a lot of trading to do to get my equity up…hopefully gonna watch market from morning till night and make several percent profit on total equity…just need to be actively trading.
as aim to double total equity every 3 months ish. which means i need to make about 1 percent per day and compound it to total equity. …the opportunity to make at least 1 percent per day shows itself several times every day on every pair…so there is no excuse for failure.
right it was hairy at one stage
but manage to come out with 183 pips on the cable…
today account is up 2.9 percent on total equity of yesterday.
phew…im going grey.
i didnt know 10 seconds could seem so long.
friday…wow…
not very good trading today …i only traded for 2 hours…
shorted GU in morning…then watched as it retraced …was patient and then cut trades when they came back in my direction at + 7.5 pips…ha ha
small fry…less than 0.1 percent profit he he.
ah well a profit is a profit.
done my maths. and [B]this week profit & loss[/B] from monday to friday
days traded this week[B] 5[/B]
days in which profit was made[B] 5 [/B]
profits =[B]+ 4.33 %[/B]
days in which losses made [B] 0[/B]
total losses made =[B] 0[/B]
losses =[B] 0 %[/B]
total profits & loss *=[B]+ 4.33 %[/B] on total equity.
general target is [B]+ 7.5 %[/B] profit on total equity per week, with zero days losses.
so i need to hone skill, get busy and trade better.