Long USD/CHF at 0.9314
SL 0.93
TP 0.94
[QUOTE=Trasimaco; 525117] SL hit at 1.3220 (+28 pips)
Total: +383 pips! [/QUOTE]
I guess I left the best horse too early! Well what to do, we can’t catch all the pips all the times!
Break even. Very very annoying. I was making 20 pips at its max but unfortunately MT4 stopped in the middle of the afternoon and I felt like a fish out of water and I wasn’t able to think and move the stop close to bank 10-15 pips.
I use it mainly for charting. And without it I didn’t even know what I was suppose to do. Very strange feeling.
But how is it possible to stop MT4 in the middle of the Friday afternoon I am wondering?!
Ok for this week I have done trading. Let me make some calculations about these first 4 weeks of my new trading try.
4 weeks: +383 pips
Average per week: 95.75
% earned: 39%
I know these numbers mean nothing in such short time. We will see if it is only luck or if I can be profitable over the long term, week after week, month after month. If I will succeed with another 4 positive weeks I will maybe think about adding more capital. I am still afraid as I know I can find myself anytime chasing my losses without any reasons just because I can’t take a loss. That is my greatest weakness and I can never forget about it or I will be done in no time.
From next week I will increase my position of 50%. I will risk between 1% and 3% per trade.
I won’t talk about money in this thread. But I will celebrate the day I will get my money back and I will be a break even traded. When that day will come you will know about it! That is my main goal at the moment. Reach the break even status. Little by little.
Well, have a nice weekend folks!
Here you go with TT Mantra. To write down and read all the morning, every morning!
Don’t fight the market, follow it.
Walk in the market with an open mind.
Trend and range are both your friends.
Cut your losses short and let your profits run.
Don’t move stop losses backward.
Nobody knows where the market will go. Learn to let it go because any trade could be right or wrong.
Don’t be over confident because one day you maybe nail it but the day after they could nail you, for good!
Be like water making its way through cracks. Do not be assertive, but adjust to the object, and you shall find a way around or through it.
You’re on fire Tras…an inspiration to us all :53:
ps Do you mind what size do you trade?
Thanks! Happy to hear that!
I have been trading 5.000 unit position this last 4 weeks. From next week I will try with 7.500. Small positions for now. I don’t want to lose much until I am sure I can be profitable. Little by little, hopefully I will reach 1 lot!
You may find that as you ramp size your trader’s psychological health also changes in more less direct proportion…when your head is swimming aftr placing trade size is big
Hopefully I will learn and adapt. We will see. The road is still very very long!
50c is nothing to you right now…when & if you trade $10 or more/pip size…you will see
Sure, I know you are right. I will try to arrive there little by little. Hopefully I will feel a little bit less the difference. 
Imagine when I will trade 1000£ per pip. 15-20k lost on each trade! Scary! 
ramping size up slowly probably won’t work…every trader has a critical mass once reached …they become irrational…don’t think it’s something that can be conditioned for…as you suggest…there that point in size where you just get scared…and no rational argument makes the difference
At the moment we have an UP gap on USD/JPY. If it will still be there when my broker will open I will go short right away with SL at Friday high.
While good news from China and Korea could turn on a risk on situation on the other side we have Syria situation, Japanese tax hikes and high radiation level at Fukushima that could turn on risk off.
All will depend if Nikkei will sell off or stay stable. I feel like there will be a sell off. We will see.
I agree with you. Well I will find it out later on hopefully!
What about you? Did you already reach your critical level? And what position are you trading at the moment?
yes, i ramped up quickly…and just as quickly got my head handed to me…not because i was "wrong"but because my size scared me…couldn’t think clearly…my head was swimming
Interesting opportunity, however the spread is too high for me. I guess I will pass!
Short USD/JPY at 98.37 with a terrible choice of time.
Lets see if we will close the gap.
SL 98.45
TP 98
Hit SL -8 pips
I will try again!
Short at 98.40
SL 98.55
TP 98
Mmmm… Bad start. Not a good choice. I am revenging and I am not accepting the loss!
The Momentus is clearly up! The gap is tricking me!
SL moved at 98.86