Update for week ended 8/22/2008. I just haven't been able to get back to my regular schedule because life continues to get in the way. Son is going to a new school next week, wife is unrelenting with her requests, and everything else in between has put a real damper on trading (and not much relief in sight). I'm certain to look back at these times and smile, but until then I continue to scalp when possible or like on Tues and Wed - place some positions on longer timeframes. Code: Date P/L Pips Range Size W L S Monday, August 18, 2008 $0.00 0.0 10.0 10,000 0 0 1 Tuesday, August 19, 2008 $133.21 134.3 200.0 10,000 5 0 0 Wednesday, August 20, 2008 $76.50 76.0 120.0 10,000 1 0 0 Thursday, August 21, 2008 $10.90 11.0 15.0 10,000 1 0 0 Friday, August 22, 2008 - - - - - - - --------------------------- Total for the week: $220.61 221.3 325.0 - 7 0 1
Update for week ended 8/29/2008. I must have been subconsciously trying to bump up the month's P/L this week because Monday I was stupid and opened a lotto position and let it run overnight without stops. I got caught red handed and was able to partially recover on Tuesday - but the slap on the hand still stings. I was lucky it wasn't worse and must continue to fight some bad habits and better respect risk. All the other trades during the week were fine - just would have preferred some bigger targets. Looking forward to September and plan to keep the 10K position size. Code: Date P/L Pips Range Size W L S Sunday, August 24, 2008 $2.83 2.8 20.0 10,000 2 0 0 Monday, August 25, 2008 -$74.79 -76.4 160.0 10,000 1 6 0 Tuesday, August 26, 2008 $67.21 67.5 70.0 10,000 2 0 0 Wednesday, August 27, 2008 -$3.07 -1.8 30.0 10,000 4 3 0 Thursday, August 28, 2008 $35.01 35.8 55.0 10,000 7 2 0 Friday, August 29, 2008 - - - - - - - --------------------------- Total for the week: $24.36 25.1 315.0 - 14 11 0
Update for week ended 9/5/2008. Took it easy this week after last week's mistakes. Plenty of good movement in all the pairs I watch, but I wasn't available to take advantage of it. Looking forward to next week and continuing to improve in some small way or another. Code: Date P/L Pips Range Size W L S Monday, September 01, 2008 - - - - - - - Tuesday, September 02, 2008 $25.91 27.5 50.0 10,000 3 0 0 Wednesday, September 03, 2008 $67.26 67.3 70.0 10,000 7 1 0 Thursday, September 04, 2008 $2.09 1.0 120.0 10,000 1 2 0 Friday, September 05, 2008 $20.00 20.0 25.0 10,000 1 0 0 --------------------------- Total for the week: $115.26 115.8 265.0 - 12 3 0
Looking good, still reading. Any update on how you're doing overall for the year thus far? Take care and good trading.
Thanks for still reading sam0182 - I don't anticipate the year being profitable, despite my steady profits, because of the tiny position size I am dealing with now. I will gradually increase position size when I think it is prudent. Fortunately I have been able to not worry about the overall P/L performance - there are times when I start to think about it, but am able to get out of that mindset pretty quickly. I really care the most about small consistent psychological steps - the big goal of making money should take care of itself. Good trading to you too.
Update for week ended 9/12/2008. The profit was nice this week, but was due to luck and not well-earned. I broke many rules to get the job done and regret it a lot. I was letting winners run, but at the expense of holding overnight with no stops :eek: . I know how wrong this is but was so confident with my positions my ego could stand to get shaken out of the trades. I closed everything by 4:00am this morning before the 7:30am news releases. Again, I am happy to take the money but my behavior was too dangerous and simply lucky. Next week I need to be very cautious. Code: Date P/L Pips Range Size W L S Sunday, September 07, 2008 $67.07 70.4 100.0 10,000 4 0 0 Monday, September 08, 2008 $99.17 102.1 200.0 10,000 4 2 0 Tuesday, September 09, 2008 -$38.84 -38.7 250.0 10,000 2 2 0 Wednesday, September 10, 2008 $176.57 183.0 100.0 10,000 2 0 0 Thursday, September 11, 2008 $150.00 150.0 200.0 10,000 1 0 0 Friday, September 12, 2008 - - - - - - - --------------------------- Total for the week: $453.97 466.8 850.0 - 13 4 0