The hard road to consistency

Discussion in 'Journals' started by calmeurotrader, Oct 1, 2012.

  1. if it didn't get hit were you going to hold? or do you always go home flat?
     
    #131     Nov 9, 2012
  2. yeah, this kind of small mistake repeated many times can have significant impact on your end of the month result. It is much better to keep the target intact.
     
    #132     Nov 9, 2012
  3. I would hold till either stop or target hit or the end of the New York session
     
    #133     Nov 9, 2012
  4. I like the way you handle yourself, you should talk more about your set ups and how you set your targets.

    That bracket trading is a hard way to go.

    There's always this thing in the back of my mind, "Tight stops does not a good trader make, just a slow loser."

    But that was a good one tonight, or today, do you live over here or over there?
     
    #134     Nov 9, 2012
  5. I live in London, I couldn't trade properly at 3 am :)
    Oldtime, do you still keep your long EUR ? What is your typical strategy for bailing out of losing trades ?
     
    #135     Nov 9, 2012
  6. no trader in their right mind should trade the way I do. You're doing just fine. I admire your discipline. Especially on days when all you do is post, "No trades today."
     
    #136     Nov 9, 2012
  7. today P/L: 647$
     
    #137     Nov 9, 2012
  8. SELL 187k 2711 STOP 2717 TARGET 2699
     
    #138     Nov 12, 2012
  9. target hit
     
    #139     Nov 12, 2012
  10. my chart shows the low 269780

    you're about 1 pip from being perfect

    I should just buy when you cover

    nice trade
     
    #140     Nov 12, 2012