Hello Traders,
I have not made a journal entry since Thursday, the reason being, my trading activity has been at a minimum. Last week was a breakeven week. After all the ups and downs, my portfolio finished up where it was at the beginning of the week. I didnt lose any other trades than USD/CNH and both my Shorts on Juniper and Rolls Royce finally broke further south. This was on the back of their 3rd Qtr earnings statement/forecast and between them now carry 5.3%. Juniper is also expected to lock in profit tomorrow. See below.
I'm still not in a position to take any further trades. Four of my positions are still in negative territory and I'm not carrying enough floating profit to justify the risk.
Once again, it's just a case of managing my open trades and monitoring entry points so I'm straight in when the time comes.
For now, it's goodnight and best of luck for the week!
Bullbear
I have not made a journal entry since Thursday, the reason being, my trading activity has been at a minimum. Last week was a breakeven week. After all the ups and downs, my portfolio finished up where it was at the beginning of the week. I didnt lose any other trades than USD/CNH and both my Shorts on Juniper and Rolls Royce finally broke further south. This was on the back of their 3rd Qtr earnings statement/forecast and between them now carry 5.3%. Juniper is also expected to lock in profit tomorrow. See below.
I'm still not in a position to take any further trades. Four of my positions are still in negative territory and I'm not carrying enough floating profit to justify the risk.
Once again, it's just a case of managing my open trades and monitoring entry points so I'm straight in when the time comes.
For now, it's goodnight and best of luck for the week!
Bullbear
Even a journey of a thousand miles starts with a single step.