Money. Lets talk about trading in terms of dollars. Your account balance is $2,000. You've done much deliberation and have come to the conclusion that this is how you will risk your money based on how you trade. Your maximum risk at any time will be ...

GLJ

image When i have some time i will detail how i'll manage a trade when i'm able to watch one.

GLJ

image Lets see if i can get in before this ends.

GLJ

Nope. Read at your own peril. I'm not giving advice for people to use as they trade. This is a journal for me to get my thoughts together to solidify my trading style in order to go full time eventually. Maybe right before i go full time i'll open ...

GLJ

! — Hey! Bmac! Your partially using my special entry technique! Keep it up!

Price is everything

Truthfuly there's nothing significant about the grey lines i place on my charts if my bias is correct. They're more like a placebo to a good trade. Every one of the winners i took on the EUR would have resulted in +100 pips if i had just held and ...

GLJ

I have a theory about market movements. If price moves then there is a belief that price will go in that direction, people are taking profits, or there's a fakeout or stop run for larger player entires. If Fundamental analysis leads majority of the ...

GLJ

Todays missed trade — image

GLJ

May 2012 — May 2012 Gain/Loss Week 1 - EUR - May 2nd - 100 - +10.0% Week 1 - EUR - May 3rd - 33 - +3.3% Week 2 - EUR - May 8th - 54 - 5.4% Week 3 - AUD - May 15th - 94 - 9.4% Week 3 - AUD - May 16th - 20 - 2.0% Week 4 - EUR - May 22nd - (8) - ...

GLJ

Congratulations on taking the initiative! Your attitude is refreshing.

(binned per thread starter’s request) GEfx Trading Journal

This mornings trade. image When i set this stop i was looking for any reason to get to BE. We're all afforded the same opportunities in the market. It's up to us to keep our losses small so we don't hurt our profits.

GLJ

Your next move should be to understand the structure of the forex market. How the exchange came to be, what are the types of brokers and their purpose in the market, what are the types of orders, how they get filled, and there effect on price ...

B.S. Trading with Kenneth Lee

Ha! Always nice to receive unplanned for pips.

B.S. Trading with Kenneth Lee

At work, can't watch the trade like i should otherwise, i'd trail it till 100 pips. +65 pips image

GLJ

I'm a bit weary of getting a fat head from the good trades i've had. I don't want it to effect my decision making. Trends build confidence but channels can chop you up. image

GLJ

Thank you for your interest!

GLJ

Simple non detailed MM explanation. Static risk of 2.5% over 25 pips which means .1% per pip. Static take profit of 100 pips which is the same as 10%. Adjust lots/units on the 1st trading day of the week according to account balance. The basic side ...

GLJ

Been under the weather lately. Haven't been able to take many trades. Maybe that's a good thing. image

GLJ

Traded in the right direction this time around. image

GLJ

Bad decision. Short term down trend. I could have entered with the trend on with a retrace entry but i was not infront of the screen at the time it was available. Took a trade that my rules specifically say not to take. -8 pips. image

GLJ