Long USD/CAD result: -13 pips = -0.20 risk points 1 Wins, 4 Losses. Win Percentage: 1/(1+4) = 20% Cumulative Risk Premia: -0.74 Average Risk Premia: about -0.15 risk points Last trades, recent at top -0.20 -1.00 -0.63 -0.03 +1.12 Notes: I can begin trading tomorrow if I wish, because I can ignore any attachment to the PA or the trade result by trading other pairs. Also, I am happy with the trade even though it was a loss; yes it was a mistake but it was better than many others I have made.
New order: Long USD/JPY. Trigger: Market @ 82.65 Stop: 82.11 Cancellation: N/A Risk: 54 pips = 1.00 risk point Long USD/CAD result: -13 pips = -0.20 risk points 1 Wins, 4 Losses. Win Percentage: 1/(1+4) = 20% Cumulative Risk Premia: -0.74 Average Risk Premia: about -0.15 risk points Last trades, recent at top -0.20 -1.00 -0.63 -0.03 +1.12
I should really stop top and bottom picking. Enjoying the learning process once again though. : ) Long USD/JPY result: -54 pips = -1.00 risk points 1 Wins, 5 Losses. Win Percentage: 1/(1+5) = 17% Cumulative Risk Premia: -1.74 Average Risk Premia: about -0.29 risk points Last trades, recent at top -1.00 -0.20 -1.00 -0.63 -0.03 +1.12
How do you determine your entries? Do you you any indicators? I'm just curious as to what you use to determine that you are going to take one of your trades?
Long EUR/JPY. Trigger: 120.53 Stop: 118.70 Cancellation: 118.75 or Thurs 5:30 pm Risk: 183 pips = 1.00 risk point Regardless of whether it results in a win or loss, this pair and trade are fascinating. 1 Wins, 5 Losses. Win Percentage: 1/(1+5) = 17% Cumulative Risk Premia: -1.74 Average Risk Premia: about -0.29 risk points Last trades, recent at top -1.00 -0.20 -1.00 -0.63 -0.03 +1.12
I'm actually going to lower my stop a bit. Stop moved to 119.30 Open Risk= 120.53 - 119.30 = 123 pips = 0.65 risk points