Caseys Psychic Journal

I'm going to keep a journal of my trading activities. I know I don't post much and noone on this board knows who I am but I think this will benefit me. Please note that I am relatively new to trading and I am still developing a strategy. I have managed to profit so far but it hasn't been a big profit and I attribute it mostly to luck, fortunately I have always been lucky. Others may not be so lucky so I reccomend that if you are looking for advice do not follow my trades. I welcome all comments and am looking for ideas to help refine a strategy, especially exit strategy. any questions will be answered as soon as can be.

My first journal trade:
Short AUD/USD 2 lots @ .8318 SL .8338 TP (initial) .8301

A penguin walks into a bar, sits down and orders a scotch and ice. The bartender tells him to hold on, goes into the back and tells his boss "A penguin just walked in, what do I do?" The boss says "what does he want?" Bartender replies "scotch" Boss reples "well give it to him" So the bartender pours the penguin his scotch on the rocks and says "that'll be seven dollars" the penguin pays and the bartender says "we don't get many penguins in here" The penguin replies "At seven bucks a drink you won't be getting any more"

Went short one more lot @ .8322 stops not moved.

Great joke, also want to wish you great success with your trading.

A wise man once said "The anticipation of death is worse than death itself" That man was actually Steven Segal quoted from the movie Hard To Kill. I was down as much as 14 pips on this trade and it just stopped moving at -10, I was afraid that it would stay like that until the Tokyo fix and that the asian market would stop me out but I am now -2 with the price falling. I bought a fourth lot at .8324 on the way down. What is the lesson? don't let your fears make you panic and make an unwise decision. I could still get stopped out but at least I have given myself a chance and the trade still looks like a winner.