Uncle's Trading Journal

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

  1. Uncle

    Uncle

    Done for the night - rather uneventful session for the last 2 hours with EUR in tight range 1.4470-1.4475

    Account Value 18,895
     
    #61     Apr 13, 2011
  2. sam0182

    sam0182

    I agree with this statement. I initially had a really tough time doing this, after all, you read over and over again don't revenge trade, etc. etc...marking the difference between "revenge trading" and entering a similar/same position that you were respectively stopped out in can be tough but such is the life of a discretionary trader.

    Nice journal. Sorry if I missed it somewhere but what time zone are you trading from?

    Cheers :)
     
    #62     Apr 13, 2011
  3. Uncle

    Uncle

    I'm in NY - so all times are ET..
     
    #63     Apr 13, 2011
  4. Uncle

    Uncle

    Long 600k at 1.4488 - stop below 1.4480 - target 1.4505
     
    #64     Apr 13, 2011
  5. Uncle

    Uncle

    out all 1.45036 --
     
    #65     Apr 13, 2011
  6. Uncle

    Uncle

    long 600k again at 1.4488 -- stop below 1.4480 - target 1.45.. running at 88% margin
     
    #66     Apr 13, 2011
  7. Uncle

    Uncle

    added 50k at 1.4485 to get to 95% margin. price dropped below 1.4480 for a brief sec but bounced up before I could stop myself out.
     
    #67     Apr 13, 2011
  8. Uncle

    Uncle

    Out 1.4475 -- CitiFXPro was slow to react to my clicks to get out at 1.4480 -- and price gapped down so out 5 pips worse than what I intended.. a little flustered so will take a break --

    account value is now 19,054
     
    #68     Apr 13, 2011
  9. Uncle

    Uncle

    Short 650k at 1.44725 -- stop above 1.4480 -- target 1.4460 - running at 99% margin -- will look to reduce size slightly on next trade to get to 95%.
     
    #69     Apr 13, 2011
  10. Uncle

    Uncle

    Stopped Out at 1.4480
     
    #70     Apr 13, 2011