Luck be a lady ... Your unlucky trades | Forex Factory

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Luck be a lady ... Your unlucky trades

  • #1
  • First Post: Aug 3, 2010 10:35am Aug 3, 2010 10:35am
I try not to "misunderestimate" the role of luck in trading. Here I'd like to post and invite others to post charts of "unlucky" trades.

You put in the effort, spend time with analysis, wait for the entry .. you put on the trade, it goes your way for a while ... and at the end, your reward ... nothing. (I mean no financial gain)

You can see big winners posted all around the forums, but how about those that end up BE or at a loss? So please, don't post your biggest lucky or hard earned winner. Post those that looked rosy but then ... it just went away.

Well, that's the market. We take it day by day. Love it or leave it.

This could be a reminder that anything can happen anytime.

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forget about tomorrow, just steal away into the night
  • #2
  • Aug 17, 2010 9:22am Aug 17, 2010 9:22am
Yen: FOMC widened spread took it, BE to the pip. Bad luck.
Gbp: Strong move against my position scared the bejaysus out of me so I bought the top
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forget about tomorrow, just steal away into the night
  • #3
  • Aug 17, 2010 10:02am Aug 17, 2010 10:02am
Those are really painfull

Best,
Tom
  • #4
  • Aug 25, 2010 7:27am Aug 25, 2010 7:27am
The big red candle that scared "average Joe" out.
The more you take, the less you feel.
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forget about tomorrow, just steal away into the night
  • #5
  • Sep 17, 2010 11:07am Sep 17, 2010 11:07am
Hit buy instead of sell, and sell instead of buy, and Bob's your uncle.
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forget about tomorrow, just steal away into the night
  • #6
  • Sep 17, 2010 11:41am Sep 17, 2010 11:41am
Those were my today trades..
After those i was not ready to pull my fingers at sell/buy buttons


Best,
Tom
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  • #7
  • Sep 17, 2010 12:35pm Sep 17, 2010 12:35pm
  •  SwissRaj
  • | Joined Aug 2010 | Status: (¯`·._.· the lonely trader ·._.·´¯) | 109 Posts
Luck is a factor in trading, as well as in every aspect of the life.

I remember one day i opened a position. I wanted to open it long.

By mistake I opened it short. No SL, I was young and stupid. I left the computer unattended.

On my coming back I saw the chart. Market dropped heavily. Terrified i quickly closed the position and.... surprise!!!!

I was short by mistake. Nice profit

The opposite could happen as well.
>>> psychology is more important than technicalities ^_^
  • #8
  • Sep 17, 2010 12:37pm Sep 17, 2010 12:37pm
Yea, that all true, but i dont like luck in trading.

I dont and will not base my trading just on luck.

Offcourse, if luck wants - SHE can come to me and make me more profits, i will not send her away


Best,
Tom


Quoting SwissRaj
Luck is a factor in trading, as well as in every aspect of the life.

I remember one day i opened a position. I wanted to open it long.

By mistake I opened it short. No SL, I was young and stupid. I left the computer unattended.

On my coming back I saw the chart. Market dropped heavily. Terrified i quickly closed the position and.... surprise!!!!

I was short by mistake. Nice profit

The opposite could happen as well.
  • #9
  • Oct 7, 2010 7:36am Oct 7, 2010 7:36am
Yeaa.. nice.. Thank You


B,
T
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  • #10
  • Oct 7, 2010 7:45am Oct 7, 2010 7:45am
Was this a lucky trade, you mean? And is this a thread for lucky trades?

Quoting tfflyer
Yeaa.. nice.. Thank You


B,
T
forget about tomorrow, just steal away into the night
  • #11
  • Oct 7, 2010 7:54am Oct 7, 2010 7:54am
I would say this was unlucky trade, that can be seen from chart.
I closed my long just at the bottom and next big bar was up..
I only see this as UNLUCKY one..

So, You can ask me one more time is this thread for lucky trades

Best,
Tom



Quoting spekitox
Was this a lucky trade, you mean? And is this a thread for lucky trades?
  • #12
  • Oct 7, 2010 8:01am Oct 7, 2010 8:01am
Ah, I get it. Well done anyway. You can't go broke taking profits, can you

Quoting tfflyer
I would say this was unlucky trade, that can be seen from chart.
I closed my long just at the bottom and next big bar was up..
I only see this as UNLUCKY one..

So, You can ask me one more time is this thread for lucky trades

Best,
Tom
forget about tomorrow, just steal away into the night
  • #13
  • Oct 12, 2010 7:57am Oct 12, 2010 7:57am
Another NICE BE

B,
Tom
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  • #14
  • Oct 12, 2010 7:59am Oct 12, 2010 7:59am
Yeah, that's what I call unlucky. Unlucky trades build your character, the lucky ones build your account.

Quoting tfflyer
Another NICE BE

B,
Tom
forget about tomorrow, just steal away into the night
  • #15
  • Oct 12, 2010 8:07am Oct 12, 2010 8:07am
That 100 % true, that unlucky trades build your character.

For me luck is = experience, the more i experience, the luckier i get


Best,
Tom


Quoting spekitox
Yeah, that's what I call unlucky. Unlucky trades build your character, the lucky ones build your account.
  • #16
  • Oct 12, 2010 8:16am Oct 12, 2010 8:16am
Yeah, that's a complicated subject. Experience keeps you away from fishy situations. But luck, hmm, you either have it or you don't. Not talking about this one trade or other, just generally, you can be lucky in life. You know, angels smiling at you, keeping you from getting bucklefucked.

Quoting tfflyer
That 100 % true, that unlucky trades build your character.

For me luck is = experience, the more i experience, the luckier i get


Best,
Tom
forget about tomorrow, just steal away into the night
  • #17
  • Oct 12, 2010 10:38am Oct 12, 2010 10:38am
Nice thread friends!
thanks for sharing your knowledge & snaps of unlucky trades..
Shri Ram
  • #18
  • Oct 12, 2010 10:51am Oct 12, 2010 10:51am
Knowledge? LOL. I know that I don't know.

Thanks anyway. You know, you can see soooo many threads with big fat happy winners...

Quoting dattatreya
Nice thread friends!
thanks for sharing your knowledge & snaps of unlucky trades..
forget about tomorrow, just steal away into the night
  • #19
  • Last Post: Dec 1, 2010 11:14am Dec 1, 2010 11:14am
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