"I made all my money by selling too soon"
Method or Man? 54 replies
Dice Man - "The 50/50/50 Account" 10 replies
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Man Financial FX 16 replies
Dislikedi usually dont read trading journals as it distracts me too much from my own trading (learning), but this is just crazy
Congratulations and keep on rolling!Ignored
DislikedIt's making me go a little crazy.
I had an unsteady day today, I missed a sitter for 35 pips, didn't take ~40 pips of profit and allowed both to B/E. I managed one winner and then yet another B/E thereafter.
Ok on face value, no losers, sounds good, but the whole day has been a bit of a mixed fortune for me because I've been doubting my trades.
I might stick with 10-20 lots for now and protect my profits, just to cool off and see how things pan out longer term. This needed be about greed.Ignored
DislikedFrom what you've written I gather that you are trading this system part time, on top of a full time job that is? So do you just look at the charts/market at a certain time say 6.00 - 8.00, 15:00 - 17:00 GMT or do you have alerts set at certain levels or do you just turn up whenever and wait for the next opportunity - or ....? Basically how do you juggle a full time job with your part time trading?
Kind regards,Ignored
Dislikedthe whole day has been a bit of a mixed fortune for me because I've been doubting my trades.
I might stick with 10-20 lots for now and protect my profits, just to cool off and see how things pan out longer term.Ignored
DislikedThis is the problem.
I trade when I get free time which generally means trading during working hours and technically breaking the internet usage policy... not ideal!
I don't typically set alarms until I'm in a trade or if I do it's at congestion levels where I expect break outs.
My typical trading day consists of logging on for an hour whilst the office is quiet first thing, then again near lunch time and sometimes in the afternoon before close - so I'm most definitely juggling my full-time role around my part-time trading which isn't ideal.
For...Ignored
DislikedIgnore it, always. I trade through fundamentals like they aren't even there.Ignored
DislikedBut the spreads during news can affect your strategy right? I mean like you might get in with a 10 pip spread. Assuming your MM doesn't use fixed spreads.Ignored
DislikedWell I actually got the drop for 30 points but the platform wouldn't let me close, so I tried to reverse as the hold lot came back on me and I got re-quoted way high, this all happened in a minute... what the hell is going on!?
Closed out of the madness for -16 ($3,200).Ignored