The hard road to consistency

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

  1. stop hit
     
    #51     Oct 12, 2012
  2. today P/L: -199$
     
    #52     Oct 12, 2012
  3. isn't that a bitch. after chopping for the longest time, it finaly took off about 3 am. looks like a mirror image of just a few days ago

    the markets job is to make sure if you are consistent you can only make money 50% of the time

    it doesn't mind taking a loss, because it knows it can make it back up on the spread
     
    #53     Oct 12, 2012
  4. yeah, I was stopped out twice and the EUR took off shortly after
    It's very important to not become too emotional. I used to revenge trade in the past which made my results even worse :)
     
    #54     Oct 12, 2012
  5. that's cool, you'd be surprised how much you can make just being consistent. The market doesn't know how to deal with somebody like that.
     
    #55     Oct 12, 2012
  6. It's all about attitude. If you think you have it figured out, then it has to stop doing what it's been doing and teach you a lesson. If you are humble, it's got better things to do than mess with your personal happiness.
     
    #56     Oct 12, 2012
  7. BUY 148K 2916 STOP 2910 TARGET 28
     
    #57     Oct 15, 2012
  8. target hit
     
    #58     Oct 15, 2012
  9. today P/L: 173$
     
    #59     Oct 15, 2012
  10. that was a good one, I was awake when you went long, and was also long at the time. Hardly moved a pip against you and didn't take long to hit the target.

    what was the setup?
     
    #60     Oct 15, 2012