Winning...duh

Discussion in 'Journals' started by Diefelsens, Apr 16, 2011.

  1. I will use this journal to record my forex trades.


    I enter 2x my desired position on every trade.

    I exit the position half at a time, each using a different method.

    Profit/Loss in pips is accumulated based on half position.

    Example:
    My desired position is 100k leveraged/$10 pip, I enter 200k/$20 pip, exit half at +50 pips and exit the 2nd half at +200 pips, my running total will reflect +250 pips. Same rules apply for profits and losses.


    My trades will be posted pretty much in real time, usually end of day is when I tweak my positions, initiate new ones, etc.

    I’m not really concerned with precise entry's, exits are where I’m uhh...well refer to thread title.

    Last month I made 10 trades, so it might be days between activity.
     
  2. I raised my initial position size to 3x.


    Short 3x Usd/Cad @ .9557 stop @ .9670
     
  3. Buy 3x Gbp/Usd @ 1.6328 stop @ 1.6200
     
  4. Short 3x Usd/Chf @ .8927 stop @ .9090
     
  5. Buy 3x Eur/Usd @ 1.4509 stop @ 1.4390


    close 1/3 Usd/Cad @ .9522 +35 pips
    close 1/3 Gbp/Usd @ 1.6387 +58 pips
    close 1/3 Usd/Chf @ .8892 +34 pips
     
  6. close 1/3 Eur/Usd @ 1.4570 +61 pips
     
  7. close 1/3 Eur/Usd @ 1.4636 +127 pips
    close 1/3 Usd/Cad @ .9475 +82 pips
    close 1/3 Gbp/Usd @ 1.6551 +223 pips
    close 1/3 Usd/Chf @ .8820 +107 pips
     
  8. Buy 3x Nzd/Usd @ .8016 stop @ .7800
     
  9. Buy 3x Aud/Usd @ 1.0768 stop @ 1.0440



    Close 1/3 Nzd/Usd @ .8043 +27 pips
     
  10. Close 1/3 Aud/Usd @ 1.0821 +53 pips
     
    #10     Apr 26, 2011