The statement -- I am about to double my original balance . What a lucky day.
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DislikedGreat job Trader101!!!Ignored
DislikedThose are very impressive results, Trader. I'm only on mini-lots myself,until I can make more money. With calls like yours, even if I only get a few of them, I'll be doing OK.
By the way, are you trading with the same system you did last year? I think there were some bad weeks in November and December.Ignored
I have just gone thru your entire thread and I must say your are definitely in tune with your system. Are you still giving out daily calls...I would like to follow along to possibly the entry or is it the exit that is the key?
Either way outstanding job you are well on your way to trading for a living.Ignored
DislikedI feel the same about stop losses as you, but sometimes they are necessary just in case the price goes against you too much. I'd rather keep my losses as small as possible.
My philosophy has become to keep close stop losses, but if I'm sure it's a good trade and the price later starts going my way, to re-enter the trade at about the spot where I entered it the first time.Ignored
(Long Term Trading-Started on 3/12/08)
1)Sell EurChf @ 1.5846 --- +598
2)Sell UsdJpy @ 103.35 --- +705
3)Sell UsdChf @ 1.0327 --- +598
4)Sell AudJpy @ 96.02 --- +691
5)Sell GbpJpy @ 207.38--- +1,373
6)Sell UsdCad @ 0.9919--- -91
7)Buy GbpUsd @ 2.0069---- +47
8)Buy EurUsd @ 1.5344---- +529
9)Sell EurJpy @ 157.74----+493
10)Buy AudUsd @0.9451 --- -211
11)Buy NzdUsd @ 0.8160 ---- -95
12) Sell ChfJpy @ 99.22 ---- +8
Unrealize P/L ===== +4,645 pips
Increase in equity is 338%.. If I am putting this update. it is in no way to show-off to reader but rather a recording that i will need in the future.Ignored