The hard road to consistency

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

  1. LONG 54K 87.5 STOP 72.5 TARGET 3123.5
     
    #321     Dec 13, 2012
  2. today P/L: -89$
     
    #322     Dec 13, 2012
  3. I had one scratch trade and long 68K 05 stop 00
     
    #323     Dec 14, 2012
  4. stopped out, short 01 stop 05
     
    #324     Dec 14, 2012
  5. stop moved to 3103, target set to 3050
     
    #325     Dec 14, 2012
  6. out 90
     
    #326     Dec 14, 2012
  7. I was long forever, kept buying all the way down. Last purchase was at 2983, that made my average price 3001. Sold almost all of it after the fomc wednesday, then started buying more yesterday.

    middle of night over here, had laptop set up on table beside bed. took profits at 1:16 et at 3105

    still long minimum position at 3038
     
    #327     Dec 14, 2012
  8. ok, now I'm short from 3100
     
    #328     Dec 14, 2012
  9. ha, what made you change your mind ? Watch out if we break above 3120 :)
     
    #329     Dec 14, 2012
  10. i trade 4 pairs with one base currency, 2 long, two short

    currently my base is usd, I needed to get long some usd, and eur and cad seemed like the best candidates to get long against

    these are long term positions, and I add to both winners and losers many times

    I take my profit when the whole account hits a certain target

    I like it because it allows me to trade without stops

    how are you doing so far this month? I saw you got one for about $180

    I spent just about all of Dec underwater till I hit that fomc meeting on the right side

    at one time (like the first few days of Dec)I had a 200 pip unrealized profit in eur.usd and it turned on me into a loss (a big loss) before I finally made a medium profit
     
    #330     Dec 14, 2012