Coming into London open, in the positive but some timeframes not looking ideal. Some are, though!
Recording high and low point of each trade. MT4 3 replies
Emotion: Is any one recording trading emotions in a journal? 2 replies
Tracking and Recording Trades 9 replies
Recording a session 7 replies
Recording P/L and margin used 9 replies
DislikedToo cold for a bender I thought! Although three of us nearly ventured out to hit up brick lane about 3 minutes to midnight,, luckily I just watched TV
What other leverage :oIgnored
DislikedI refer to it as true leverage but maybe I should call it the leverage that kills most new punters. The position size/account size leverage e.g. if you open one standard lot on a $10,000 account you are leveraged at 10:1. I read that Lehman Brothers were leveraged around the 33% mark and look what happened to them.
Reminds me of some of my friends in NZ who like to collect houses. Some people don't mind being mortgaged/leveraged up to their eyeballs. Not a position I like to put myself in. At least in trading you can...Ignored
DislikedReminds me of some of my friends in NZ who like to collect houses. Some people don't mind being mortgaged/leveraged up to their eyeballs. Not a position I like to put myself in. At least in trading you can just close that position. Trying to flick a house when the times get tough is a little harder.Ignored
DislikedAhh I had a feeling you meant something along those lines you crazy Essex gal!
Well I can't ever see myself using any real sort of leverage on anyone else's money in my whole life. And a lot of hedge funds use like 30% running equity most of the year to produce their 10-20% annual ROI. To me that's not trading, on our level anyway, but remember they make huge money off volume alone and a big hint is in their name.. 'hedge' funds! I way prefer to risk 0.5% at a time, take the highest accuracy trades, and let the money come steadily and in bigger...Ignored
DislikedTwo years! Well done. That's longer than a lot of marriages last these days. Were you broke by the end of it? looooooooooolIgnored
DislikedCan't believe those indices. They're still trying to pump them. I have no idea who's got the cojones to buy at these levels. Must be time for a downdraft veeeeeeeeeeery soon. Famous last words.
Anyway, I'm gonna stop annoying you in your journal. I told you it was a bad habit of mine ... lol. Let me go and do something Essex-like, a spray tan maybe or some hair extensions .....
Good trading to you.Ignored