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LeonLorenzo Breaks the rules.

  • #41
  • Dec 29, 2008 9:49am Dec 29, 2008 9:49am
Its not been plain sailing, but ive managed to keep my head above water so far today. Im hopefull for a nice big win though.
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Living the adventure in my head.
  • #42
  • Dec 29, 2008 10:47am Dec 29, 2008 10:47am
have you sat down and put your rules on paper yet?
Kinda get them cemented so they will become automatic.
even then there will be times when you brake them, believe me I know... been there done that..... and my system is about as simple as it gets.

Anyway.... keep up the good work and before ya know it you won't be stacking tins anymore

Also you know if you have any questions I'm happy to help if I can, believe it or not I really don't know everything
Same Whore .... Different Dress
  • #43
  • Edited 11:52am Dec 29, 2008 11:10am | Edited 11:52am
Quoting johnedoe
have you sat down and put your rules on paper yet?
Kinda get them cemented so they will become automatic.
even then there will be times when you brake them, believe me I know... been there done that..... and my system is about as simple as it gets.

Anyway.... keep up the good work and before ya know it you won't be stacking tins anymore

Also you know if you have any questions I'm happy to help if I can, believe it or not I really don't know everything
Hi William,

You know what, there are very few rules,lol.

Rules are as follows:

Define trend (HHs or LLs)
Check other TF's for Significant S&R
Decide on a Stop area beyond Strong S&R
Wait for a good value entry(retrace to S&R against the trend)

I also sometimes average my possition to bring BE closer to the current price, but since I have a concrete stoploss level I dont see this as dangerous.

You know, I do have a question.....

When you start up a fund can you employ me?lol

Hope your having a good day,

Leon

Edit: OOooo, Looks like the bottom is going to fall off cable.
Living the adventure in my head.
  • #44
  • Dec 29, 2008 12:07pm Dec 29, 2008 12:07pm
Price hasnt been lower than the red line since 2002, lol, Talk about stating the obvious. Might have a nice run down if this breaks.
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Living the adventure in my head.
  • #45
  • Dec 29, 2008 12:47pm Dec 29, 2008 12:47pm
Ok, demo money isnt worth missing out on some beers for.

I closed out with a nice profit.
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Living the adventure in my head.
  • #46
  • Dec 29, 2008 2:58pm Dec 29, 2008 2:58pm
This one was for you Jlmac........
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Living the adventure in my head.
  • #47
  • Dec 29, 2008 3:24pm Dec 29, 2008 3:24pm
Quoting Leonlorenzo
You know, I do have a question.....

When you start up a fund can you employ me?lol


Once my account is at a good income generating point I sell my business and I AM DONE WITH PEOPLE.....
Same Whore .... Different Dress
  • #48
  • Dec 29, 2008 3:44pm Dec 29, 2008 3:44pm
Quoting johnedoe
Once my account is at a good income generating point I sell my business and I AM DONE WITH PEOPLE.....
You must be surrounding yourself with the wrong kind of people, lol.

Actually, I enjoy my fair chunk of alone time aswell.

What kind of business are you in to?
Living the adventure in my head.
  • #49
  • Edited 4:30pm Dec 29, 2008 4:10pm | Edited 4:30pm
Previous trade closed for 49pips, would have held a little longer but the shop was going to close and leave me without ciggies.

If price retraces back to the red line, id class it a bargain and jump in short again.
EDIT: Cancel the red-line comment, things have got quiet.
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Living the adventure in my head.
  • #50
  • Dec 29, 2008 4:10pm Dec 29, 2008 4:10pm
I am a Denturist, the public can come to me for their dentures and partial dentures... they get to skip the dentist unless I see some pathology and send them in.....
Just getting tired of being in peoples mouths.
Same Whore .... Different Dress
  • #51
  • Dec 29, 2008 4:32pm Dec 29, 2008 4:32pm
Quoting Leonlorenzo
This one was for you Jlmac........
Glad to see you collecting pips!Keep it up
  • #52
  • Dec 29, 2008 7:58pm Dec 29, 2008 7:58pm
Quoting johnedoe
Just getting tired of being in peoples mouths.
lmao, good way to put it.
Living the adventure in my head.
  • #53
  • Dec 29, 2008 8:37pm Dec 29, 2008 8:37pm
Of course it could be worse..... I'm reeeeeealy glad I'm not a proctologist....
Same Whore .... Different Dress
  • #54
  • Dec 29, 2008 8:42pm Dec 29, 2008 8:42pm
Quoting johnedoe
Of course it could be worse..... I'm reeeeeealy glad I'm not a proctologist....
Ill have to add a disclamer for this comment.

"Comments/opinions made above are not necceserily my own. There was no intent to discriminate against anyone who likes this kind of thing. Anything people get up to in their own time and on their own property is their own business."

lol
Living the adventure in my head.
  • #55
  • Dec 29, 2008 10:42pm Dec 29, 2008 10:42pm
GU & EU, I really think weve got some big drops coming.... Or is it too obvious? mmhh
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Living the adventure in my head.
  • #56
  • Dec 30, 2008 7:08pm Dec 30, 2008 7:08pm
Quoting Leonlorenzo
GU & EU, I really think weve got some big drops coming.... Or is it too obvious? mmhh
What I expected didnt quite happen, but we got some nice drops. Im trading U/Cad now, will post account later.
Living the adventure in my head.
  • #57
  • Dec 30, 2008 11:05pm Dec 30, 2008 11:05pm
Hi Leon,

Looks promising..keep up the good work. I wont be post to much I don't want to clutter up your journal
It's me...
  • #58
  • Dec 31, 2008 1:12am Dec 31, 2008 1:12am
Quoting AgentFx
Hi Leon,

Looks promising..keep up the good work. I wont be post to much I don't want to clutter up your journal
Dont worry, I think I manage to clutter it up enough myself.

Yea, When I started it I didnt think things would go as smooth as they have this far, fingers crossed it will carry on.

Thanks for stopping in and giving me a little thumbs-up,
Good luck in your trading when the pro's get back to their desks in the NY.

Leon
Living the adventure in my head.
  • #59
  • Edited 3:58am Dec 31, 2008 2:05am | Edited 3:58am
My current short in Ucad

EDIT: Ive just witnessed a massive son-of-a-behatch 15min candle go against my trade, this might be the 1st taste of a propper loss for me. Sticking to the plan.

EDIT: Artfull Dodgered my way out of that one for a $30 increase on account, and am now flat.
The last trade pushed me over the 30% profit mark, good times, very happy.
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Living the adventure in my head.
  • #60
  • Dec 31, 2008 3:55am Dec 31, 2008 3:55am
Trades update for yesterday and today.
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Living the adventure in my head.
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