Flappy Pips - How to keep your hard earn PIPS

I assure most of successful traders once in awhile want to throw away the laptop, disconnect the MT4 , withdrawal what have left in the trading account and QUIT. But since we are reading this, we are not actually quit, and what doesn't kill us will make us stronger.

Pips sometime not so hard to get, but it is sure hard to keep. So this topic will focus on both how to make more pips and how we keep more in the pocket. How to trade more effectively, safer, and steady growth our accs.

I have made many mistakes in my career and also in trading business as an Account Manager, I feel that clients trust me more than I trust myself sometimes .. so please take it easy with my comments here as we learn together in this said journey.

I hope you enjoy and any comments are welcome!

Thank

It must be a bug with Trade Explorer, I gain 1000 pips for the last 4 weeks but it just record somewhere near 300 pips ( on my signature ).

Anyway, today is the day of AUDxxx , it gain almost 50 pips since Asian section. I got a position that not so large with this pair and will try to keep it over to the Wednesday to have swap, however if it turn good we can liquidate it anytime.

So... consider swap when trading, it is very important from broker to broker, one broker can offer you 0.4 pips on EURUSD but swap is 3 times larger than another broker offer 0.6 but with better swap, we never know when we have to keep the trade over the night.

Lucky for me today I got out of CHFJPY and GBPJPY long positions right before it head down 80+ pips, will see around to scale in an other GJ long depend on the price action at the middle of NY section.

I am lucky this week, 200+ pips gain, seem the system need a lot of modification and enhance

http://fxvnol.com/diendan/fxvnol/dat...-600-pips+.JPG

I hope next week I will find a better way to reduce draw down . Have a nice weekend!

Wish everyone a great weekend

A quick update for this week for my trading journal, even though the account gains few percent ( 4.5% ) however I see for myself that we were over-trade during this hard May time.

Everyone say Sell in May and go away and I should have did so. Anyway, just a week to end May and we are 70% something from the start with almost 900 pips gain. Not so bad anyway.

May were always considered as the hardest month in the year to trade. Most of the big traders will follow the quote " Sell in May and go away" , they would liquidate most of their positions and go for theirs vacations. That cause abnormal move in the market and some can not be predicted by normal trading style. Anyhow I chose this month to start my PAMM and the result is around 69% gain for this month. I hope you have enjoying your summer. Now it is time to start a gain on this great June.

EU move down 140 pips and then up 150 pips, so either you are bullish or you are bearish, it will take a little luck to survive this market. For me, it is simple : take profit and run, no matter bull or bear

http://fxvnol.com/diendan/fxvnol/dat...P-scalp-EU.JPG

I wish you have a lucky Jun traders!

So we gainned 12,43% during June, the pips gain were around 400 for the same.

So not much to say when the account history is still under 6 months time, I''ll come back end of July, have a great month mate!

German won the World cup that make me supprise a lot. Look like I have spent too much time on celebrating that moment, this July JPers gained 13.89% and make to fund growth a total of 102.49% in the last 3 months. Good luck to JPer next month!

http://fxvnol.com/diendan/fxvnol/dat...-July-2014.JPG