hopefully 2008 profitable trades

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Dislikedmonarch:
A reality check can be very helpful to yourself
and others. In that regard, I would suggest that you
give a results summation of your trades weekly. In this
way, you will be able to step back and analyze
the pros and cons of the trades you made. It will be a
great way to stay grounded as you work on
your target of 2008 trades.
I shall be following your progress.
You will do well.Ignored
Dislikedglad i came across your journal. always enjoy your perspective and analysis.
you must have one whale of an account to allow for those drawdowns.
i will have to wait awhile before i can emotionally handle that.Ignored
Dislikedhello my friend,
we've got a long year ahead! cheers to a great journal!
best regards
jestIgnored
DislikedTrade Entry
LONG Eur/Jpy 160.34
(Short Term Trade)
This will be a very quick trade for 10 pips profit or 10 pips stop.Ignored
DislikedHi Monarch, great journal so far.
I was curious on what type of strategy you use when experiencing extended draw down. I am assuming you still have your gbp/chf and gbp/jpy longs on the table and seeing as how they are bleeding now and no one can guess where the bottom is how do you mitigate that?
Do you just ride them out with proper money management keep buying on the way down or are you one to hedge?Ignored