Twitch Journal - Live Journal 4 replies
Another Trading Journal - Yuhu's Journal 16 replies
Do I understand that you are left only with an account of USD 400.00 only ?
I understand that it's not enough to be able to place 40 - 50 pip stops, but what I've been doing is setting 15 - 20 pip stops and watching the price movement. As soon as the trade moves into 10 - 15 pips into profit, I move the stop to break even. Then continue moving the stop to follow the profit. One thing that I've learned not to do is run from the trade when it goes against me, leaving the stop in place instead of dropping/raising it to avoid being stopped out.Ignored
DislikedWhew, Nader! I'll have to get back to you on that one. Have you considered starting a business plan consulting firm? I believe you'd be very successful!Ignored
DislikedANSWER: My first objective was to gain enough profit to pay off my wife's car, much to her surprise. But now my profit objective is to gain 20 pips per trade, anything else is a bonus.Ignored
DislikedANSWER: I'll keep looking back at this journal and make sure I'm not getting off track.Ignored
DislikedANSWER: USD vs EUR, JPY, CAD, GBP, and I kinda gave up watching the AUD.Ignored
DislikedANSWER: I like to watch support/resistance and trendline breaks.Ignored
DislikedANSWER: Mostly trend strategies, although Im not really clear on what constitutes a specific strategy.Ignored
DislikedANSWER: Well, at first I tried to be a short term trader, but now I believe medium to long term is going to work out better for me.Ignored
Thanks for all of your comments and interest. I've not posted nor traded in a few days, my work has been keeping me pretty tired. So I've just been doing some reading. I'll bounce back in a few days.