Intraday FX Player

Discussion in 'Journals' started by CFerret, Mar 26, 2008.

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  1. Protected 20% and holding... OMG!!! :D
     
    #1161     Apr 24, 2008
  2. NO COMMENTS!!! :eek: :eek: :D
     
    #1162     Apr 24, 2008
  3. Stopped out for ~25% profit... Thank you God! :D
     
    #1163     Apr 24, 2008
  4. Longed gbp/aud at 2.0920
    Target 2.14
     
    #1164     Apr 24, 2008
  5. Charly

    Charly

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    Just to better understand:

    4% of what - pricewise?
     
    #1165     Apr 24, 2008
  6. Nexx,

    Unfortunately I have no experience w/ Metastock... But guess there are people at ET who do... Try to ask in s/w area maybe?

    And BTW, I use IB datafeed w/ Quotetracker for small TF's, PRT only for bigger picture.
     
    #1166     Apr 24, 2008
  7. Charly

    Charly

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    sorry Turvo - meant:

    what KIND of MA..........etc.?
     
    #1167     Apr 24, 2008
  8. All those % are account wise. As I vary position size from trade to trade depending on where to place a stop, posting numbers in pips has no sense.

    So I use units of % risk. My initial risk per trade is usually 2% of account.

    Well, it's not 100% truth, cause I have extra money (borrowed) which don't touch as trading capital, but keep in acct to get more margin (above max 1:50 allowed). :)

    So mathematically speaking my gains are less than I post if take all sum into account and risk per trade in % is smaller too, but in reality % on that other half per year are very small compared to gain on risk capital of several days and that money is at no risk as I'd never allow myself a DD to get into that sum, so I count profit on my own risk capital only...
     
    #1168     Apr 24, 2008
  9. This is f*** life. I have had 2 buy stops on a slightly different values /on EUR future/ bellow that beautiful line that was formed /because from that line jump is guaranteed but not always in expected direction. However it simply jumped over my both buy stops and I received big zero...
    I should be more brave and short it on that line but fear was simple too big.

    Btw, congratulation CF, great trade.
     
    #1169     Apr 24, 2008
  10. Charly

    Charly

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    Would be helpful to mention the pairs, too.

    Which @38?????????

    Thanks.
     
    #1170     Apr 24, 2008
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