Chronicles of an Idiot

Discussion in 'Journals' started by VisionTrader, Jun 12, 2003.

  1. Short 79.00...stop 80.00
     
    #511     Jul 1, 2003
  2. stopped out...lost 4
     
    #512     Jul 1, 2003
  3. short 80.00...stop 80.50
     
    #513     Jul 1, 2003
  4. Stopped out...lost a tick
     
    #514     Jul 1, 2003
  5. Short 81.25...stop 82.00
    (last one)
     
    #515     Jul 1, 2003
  6. scratched it...
     
    #516     Jul 1, 2003
  7. I think today was a great example of how your trading can totally
    suck, but you can still BE or even make a few bucks if you'll
    keep a risk/reward ratio of around 1-3 or, so.

    The simbroker shows 4 winners, but it's only 3. One scratch
    made a tick. So, I only had 3 winners today.
     
    #517     Jul 1, 2003
  8. Ditch

    Ditch

    This demonstrates in quite an embarrissing way that even a solid setup and a 1-3 risk/reward ratio can't save your ass if you suck as a trader.
     
    #518     Jul 1, 2003
  9. I thought it was Vision Trader's journal... and his strategy.
     
    #519     Jul 1, 2003
  10. You have been going against intraday trend a lot today. Higher time frame would help you to avoid days like this.
    Walter
     
    #520     Jul 1, 2003