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My trading journey

  • #3,361
  • Jun 20, 2011 9:22pm Jun 20, 2011 9:22pm
Quoting Bakuli
Lol, I am an insomniac ! Trading is slowly coming along , with frequent checks on scorpions :-). I am currently in a few long positions which are under water but banked some earlier, so still using foreign capital.
Just biding my time before I either go on attack or rescue mode
you really have a plan there bro... always remember... plan your trade and trade your plan... never deviate from original course

bidding time... i'm learning here my friend... but me... if no market... i always force myself to do something else like walk the dog... or simply surf the net... or facebook !

you're getting better...
Success consists of going from failure to failure without loss of enthusiam
  • #3,362
  • Jun 21, 2011 1:09am Jun 21, 2011 1:09am
Quoting dongsky
.............. always remember... plan your trade and trade your plan... never deviate from original course

.

Been reflecting on what you said. Although I have been raking in the pips, I haven't always stuck to my plan. Many a times I took profit only to see the market go to my targets. I have a tendency to quickly take profit when I had no reason to. I must overcome that hurdle. Thanks for highlighting it.

Regards
Bak
  • #3,363
  • Jun 21, 2011 1:21am Jun 21, 2011 1:21am
Quoting Bakuli
Been reflecting on what you said. Although I have been raking in the pips, I haven't always stuck to my plan. Many a times I took profit only to see the market go to my targets. I have a tendency to quickly take profit when I had no reason to. I must overcome that hurdle. Thanks for highlighting it.

Regards
Bak

it will take a while my friend to build your own confidence... but it will come.

....

i have been shorting euro...

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sx3x4354

nimble now... new releases very soon...
Success consists of going from failure to failure without loss of enthusiam
  • #3,364
  • Jun 21, 2011 1:23am Jun 21, 2011 1:23am
...now i squared!!! 4350

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now flat... waiting for fig releases... it will create vola...

nimble!
Success consists of going from failure to failure without loss of enthusiam
  • #3,365
  • Jun 21, 2011 1:33am Jun 21, 2011 1:33am
I am on long side. Just reduced my exposures for news. It's great to see us on opposing sides but still making the pips . Piggy story springs to mind, lol.
  • #3,366
  • Jun 21, 2011 1:55am Jun 21, 2011 1:55am
Quoting Bakuli
I am on long side. Just reduced my exposures for news. It's great to see us on opposing sides but still making the pips . Piggy story springs to mind, lol.
good luck... i'm euro long now...
Success consists of going from failure to failure without loss of enthusiam
  • #3,367
  • Jun 21, 2011 2:16am Jun 21, 2011 2:16am
burnt some good men... don't understand market... squared now...

staying flat...
Success consists of going from failure to failure without loss of enthusiam
  • #3,368
  • Edited 5:14am Jun 21, 2011 4:28am | Edited 5:14am
Quoting dongsky
burnt some good men... don't understand market... squared now...

staying flat...
Hope you managed to rescue your troops at the bounce that came at the retest of the broken descending trendline on the 1 hr TF. My longs were underwater too during the bear onslaught. Scaled out my exposures during the onslaught (felt good about that as I wasn't being stubborn hanging on to my losing positions) and managed to mount a successful rescue when the bulls re-surfaced. Now just a few scouts left behind from 4331, with main troops back safely at base.

Regards,
Bak
  • #3,369
  • Jun 22, 2011 6:34pm Jun 22, 2011 6:34pm
The majors all trending nicely .
  • #3,370
  • Jun 22, 2011 8:51pm Jun 22, 2011 8:51pm
Quoting Bakuli
The majors all trending nicely .
and 3K's are all in good shape...

euro in wide range... aussie the same...

i'm dancing... ang squeezing juices to both side...

volatility is wild atm... need extra attention...

batlestation!!!!
Success consists of going from failure to failure without loss of enthusiam
  • #3,371
  • Jun 23, 2011 2:23am Jun 23, 2011 2:23am
... i have been so busy with my trades and few experiment... he reason why i haven't publish my trades lately ...

anywayz... i have been shorting euro.... in and out... in and out...

i still have some positions left...

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...

let's be nimble...

i can feel euro good for shorting... again, its just me...

nimble now!
Success consists of going from failure to failure without loss of enthusiam
  • #3,372
  • Jun 23, 2011 2:25am Jun 23, 2011 2:25am
...could this be a new leg down?

we'll see... battle station!!!!!

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Success consists of going from failure to failure without loss of enthusiam
  • #3,373
  • Jun 23, 2011 2:28am Jun 23, 2011 2:28am
... can it break support or another bounce...
Success consists of going from failure to failure without loss of enthusiam
  • #3,374
  • Jun 23, 2011 2:41am Jun 23, 2011 2:41am
need to lock in some pips now...

scaling down... 4243

L2,L3,L4 out...

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Success consists of going from failure to failure without loss of enthusiam
  • #3,375
  • Jun 23, 2011 3:50am Jun 23, 2011 3:50am
squared now... 4224

i lost focus on my dance... too many distractions atm...

but managaed to harvest quite a good pips though... cannot complain

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Success consists of going from failure to failure without loss of enthusiam
  • #3,376
  • Jun 23, 2011 4:12am Jun 23, 2011 4:12am
Nice job, dongsky. Neat and clean.
I got confused around 4242... and missed the last move down...
What a pity.
Anyway... three nice waves here (in and out) and my baby winners.
I can't complain too.
  • #3,377
  • Jun 23, 2011 4:21am Jun 23, 2011 4:21am
long scout x2..4227
Success consists of going from failure to failure without loss of enthusiam
  • #3,378
  • Jun 23, 2011 4:25am Jun 23, 2011 4:25am
Quoting Jupiter
Nice job, dongsky. Neat and clean.
I got confused around 4242... and missed the last move down...
What a pity.
Anyway... three nice waves here (in and out) and my baby winners.
I can't complain too.
i have learned one good lesson today.... when in a trade... and a good market... never ever do other things... needs to focus and sit in the battlestation all the time...

so... take what you can and as much as you can...

never cry over spilled milk... be thankful of whatever pips we managed to catch....

way to go bro.
Success consists of going from failure to failure without loss of enthusiam
  • #3,379
  • Jun 23, 2011 4:42am Jun 23, 2011 4:42am


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Success consists of going from failure to failure without loss of enthusiam
  • #3,380
  • Jun 23, 2011 4:45am Jun 23, 2011 4:45am
Quoting dongsky
i have learned one good lesson today.... when in a trade... and a good market... never ever do other things... needs to focus and sit in the battlestation all the time...

so... take what you can and as much as you can...

never cry over spilled milk... be thankful of whatever pips we managed to catch....

way to go bro.
Good trading Eddy. Yes I agree that it's imporant to focus when babysiting our positions . Easy to say but sometimes difficult to do as there are always distractions around, lol.
I made a blunder earlier with my shorts when I experimented with a "close all positions" script. I was toying with it , not knowing what I was doing and it closed all my shorts which I wasn't planning to at that time. Luckilly I was already in good profits, so not going to moan about it too much. Just thought I'd highlight my technomoron label and my stupidity really for experimenting with a script while live trading (should have left it to try out on a demo).
I am also now long with a couple of scout positions. need to focus on this one as we are counter trend now. My reason for going long was because I feel it could be bouncing off a demand level. Of course need to stay nimble and see how the PA behaves. Ok, focus...focus...focus... lol. catch up later.

regards,
Bak
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