missed an entry during the aussie open. was good for a solid 8 pips. missed 2 more (various distractions) that would have put me into the red anyway. caught a pullback on the break-out short & presently TSL on the 15 min.

go live or bust ... diary of an fx live-trader-wannabe

calling it a week. teeny tiny pat on the back. last trade netted me 1.6% (and i am still using the 10:1 leverage that may or may not come about). since tuesday ... 7 losses (3 poor trades), 2 b/e's, & 3 wins -- i.e., more losers than winners, & im ...

go live or bust ... diary of an fx live-trader-wannabe

up net +3% since i implemented the exit strategy (and, quite frankly, new attitude & improved discipline ... cuz i never could have got here jumping out of my trades at 5 pips worrying about a small correction before continuing in my favor)

go live or bust ... diary of an fx live-trader-wannabe

if the market holds, will be locking in 22.6 pips at the top of hour. that will make this a 3rd positive weekly result. will pack it in after the market shakes me out of my trade.

go live or bust ... diary of an fx live-trader-wannabe

1st trade ... b/e 2nd trade ... missed opp b/c was on the phone & distracted (divided attention) 3rd trade ... attempt to catch the train i missed above; ended negative and had i not missed the 2nd trade, wouldn't have suffered this loss; however, ...

go live or bust ... diary of an fx live-trader-wannabe

would have been a b/e trade. market is goofing around as expected after the 100+ pip drop in price. packing it in

go live or bust ... diary of an fx live-trader-wannabe

decent set-up for another trade, but after a really nice winner, i dont have the stomach for it and also, will require i stay up for at least another 2 hours to see it through (at least properly). in the alternative, i will papertrade/observe it and ...

go live or bust ... diary of an fx live-trader-wannabe

bumped out. 4.6% net gain on this trade. just slightly up for the week, but that is due to my overtrading blunder on sunday & the basic flaw that existed in my exit strategy (that i think i have corrected or at least improved ... let's hope) ...

go live or bust ... diary of an fx live-trader-wannabe

took a little AUDUSD swing trade ... took the re-break of the engulfing bar after the pullback. going for 2:1 or broke on it.

go live or bust ... diary of an fx live-trader-wannabe

im not even able to describe my feelings over the success im having tonite. one of the very few times i planned a trade and traded the plan. my first trade was a loser and felt "so what" (finally!!) ... my second trade however is going swimmingly ...

go live or bust ... diary of an fx live-trader-wannabe

tried 3 more after that (last nite) ... 3 small losers (learnt something about entries on the last one -- see notes in hand-written trade log) & one b/e. then shut-er down. i remember feeling really good about my trading, despite ending the session ...

go live or bust ... diary of an fx live-trader-wannabe

off to a good start (modified exits) ... 1st trade a loser, next was a winner -- in many ways. stuck to the plan & didn't get goofy when i was up "x" number of pips; just trailed stop according to the plan. so my 2nd trade was a 1.2% winner. yay ...

go live or bust ... diary of an fx live-trader-wannabe

EURJPY got kicked out this morning.

go live or bust ... diary of an fx live-trader-wannabe

1 small loss, 1 b/e, & 1 small gain. net positive for the nite. had another one of those moments tonite ... think i have a possible rememdy to the never-ending cut losers short/let winners run dilemma ... too late to be doing anything else.

go live or bust ... diary of an fx live-trader-wannabe

ended the session poorly by overtrading myself into 2 more losses & another loss on top of those that should have been a 10+ trade. my plan was to see what the post-lunch tokyo/HK was like after the kiwi/aussie close & only trade those hours this ...

go live or bust ... diary of an fx live-trader-wannabe

hit & miss for my sunday. 4 losses, 1 b/e, 1 win, & 2 missed opps ... only a few minor execution errors. those are the black & white results. the emotional side of my trading is really positive tonite. have not had any of the irritation or ...

go live or bust ... diary of an fx live-trader-wannabe

ha! my DIBS/daily E/J trade held over nite & is presently up 80 pips. will trail this on the daily to see how much mileage i can get out of it. trading the euro/london open this week, was not too bad, but not great either.

go live or bust ... diary of an fx live-trader-wannabe

was some news at london open & more at 1230am. not sure if this is significant or not, but given the jumpiness of the market, i might just pack it in w/ my free trades in toe and call this week a plus at net gain of 0.8%.

go live or bust ... diary of an fx live-trader-wannabe

market is jumpy. one loss, one b/e. best opps were from 9pm to 10-ish. oh well (spread was odd -- 1.5 -- so i was leary) on another note, i have 2 DIBS/daily trades in free trade running (E/J & G/J). not sure how much mileage i'll get on these

go live or bust ... diary of an fx live-trader-wannabe

about to fail. next.

go live or bust ... diary of an fx live-trader-wannabe