Uncle's Trading Journal

Discussion in 'Journals' started by Uncle, Apr 1, 2011.

  1. Uncle

    Uncle

    Took a short 1.4824 -- gapped up on me to 1.4840 and came back down to 1.4828 where i closed out and reversed long..

    stop below 1.4820

    Edit: size is 600k and target 1.4845
     
    #201     Apr 27, 2011
  2. Uncle

    Uncle

    stopped out and reversed short -- closed and reversed long 1.48145

    Edit: stop 1.4808 -- target 1.4845
     
    #202     Apr 27, 2011
  3. Uncle

    Uncle


    took profit 1.48292 -- think the 1.4845 was a little too ambitious
     
    #203     Apr 27, 2011
  4. Uncle

    Uncle

    taking a breather to see where retracements goes back t0 account value now 19,929

    Edit: entered long 1.48206 stop below 1.4815 target high 20s

    Edit2: out 1.48254 -- taking another breather

    Edit3: account value now at 20,200 just 100 shy of my peak from a couple of weeks ago -- 600k is now running at around 88% of margin so will look to push it up a little
     
    #204     Apr 27, 2011
  5. Uncle

    Uncle

    long 600k 1.48202 stop close below -- target high 20s

    out 1.48254 --
     
    #205     Apr 27, 2011
  6. Uncle

    Uncle

    just overtraded a couple of times and down a bit switched from long to short to long to short to long now -- sticking with long..

    cost me some pips think i'm down to 19,500 now

    long now from 1.4844 stop below 1.48437 -- target above 1.4850
     
    #206     Apr 27, 2011
  7. Uncle

    Uncle

    stopped out -- think the 20k is a pyschological barrier for me

    now switched to short 1.48386 eyeing a shakeout down to 1.4830.. where I will reverse (stop above 1.4846)

    definitely think i am overtrading on excitement/adrenaline here -- need to limit this behavior..
     
    #207     Apr 27, 2011
  8. Uncle

    Uncle

    stopped out another case of I should've stuck with my original trade instead of overtrading my positions.. taking a breather..
     
    #208     Apr 27, 2011
  9. Uncle

    Uncle

    spot at 1.4837 the perfect place to either take it all the way back to over 1.4850 or down to 1.4820.. can't tell which..
     
    #209     Apr 27, 2011
  10. Uncle

    Uncle

    Took a short 1.48377 and then covered and reversed 1.4829 and out at 1.48328..

    account value is now 19,755 at peak of today's session I hit 20,500 and at low was at 19,100.. I'm extremely exhausted and having trouble focusing and just trading for fun so will stop myself here..

    also worrisome that I am now thinking in dollars instead of pips something that I did not do before -- i think that is what happens when i hit 20k -- the money becomes real and instead of looking at 2 pips of movement as noise for some reason I am seeing $120! nonesense and I have to get over the money value..

    will try to review the session/trades/comments more objectively tomorrow..
     
    #210     Apr 27, 2011