After Yesterdays loses Im rethinking my Trading method. I think my Strategies are fairly solid but Im frustrated with my lack of discipline in trading lesser then perfect setups. I over-trade and thus take trades that aren't A-1. I have exercised ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Well I had a down day again. First it seemed I was doing sort of ok and then it started going backwards until I was break even. I should've quit trading then but persisted and continued to lose all of yesterdays profits. Down 10% for the day. ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Well here it is Wednesday already and I keep pecking away at it. Yesterdays session was a lot like trying to row upstream, and the end result was at the end of the day I was right where I started from! Better then losing money though, and that's ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

2 No Brainer Puts I just took, helped pull me out of my deficit of today. Last 2 red Candles Didnt have the nerve to go for 3rds on this pair but opted for AU instead I took some sloppy trades today and couldn't give Trading the attention it needed ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Thanks for your example... I agree with you on using Pin-bars at the correct levels. Below is a Put I just took. It was a no brainer for me as it was a double top and Bollinger Bands were flat. It was at the extreme level and not mid traffic. I also ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Predictable, Probable, Profitable, and a Call is the winner! Referring to the last candle showing. These setups occur frequently and are there for the taking A breach of previous swing high or low and quite frequently the next candle changes color!

My Binary Options Trading Journal, Goal; $1000 to $10,000

Looks like a good setup all around! I might even be tempted to try and squeeze more profit from it ..7160 level

SophieFX's Journal

Monday Trading Stats; Well considering the state of the Stock market today I decided to sell the Dow every chance I get and it has served me well today, putting my account balance just over $2000, and doubling my initial investment of $1000. This ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Here's a chart with levels Ill be looking to buy 15 Minute Calls on the EURUSD 15 Minute chart. A Breach of the level and some sign of exhaustion on that candle or the next is all it takes and Im in

My Binary Options Trading Journal, Goal; $1000 to $10,000

Thanks for your input dkrock, its appreciated. I do however disagree on a couple notes You're right I must be precise because of the timing factor but after a couple head fakes I can see the market may not be right for the strategy Im using so I can ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Good Question SophieFX. I'd have to say the number one reason would be psychological and that I hadn't mastered my Emotions. Its still a work in progress. 2nd Reason would be Trading Capital. I think its important to Trade a large enough account ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

I look for Divergence and exhaustion bars for a sign of reversal and follow through. This doesnt work when the markets are trending strongly like Friday Looking forward to your setups

My Binary Options Trading Journal, Goal; $1000 to $10,000

Indeed it is important! Especially so if your win rate isn't that great. If I could get my win rate average up to 75% or something like that I'd be more confident to trade bigger lots but on the other hand you wouldn't need to trade big with that ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Friday Trading Stats; Made a small comeback but still down from the weeks Highs. Up 73% in 2 weeks of Trading

My Binary Options Trading Journal, Goal; $1000 to $10,000

Thursday Trading Stats; Hit the Down Down Day! Ceased all trading as I lost 20% of my all time high Balance of $2000, losing $400 and quit as Per my Stated Rules Martingale is a 2 Edged Sword! Cuts both ways... A lot of my consistency has been ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

The double my account trade is on... 7 minutes to Expiry, fingers crossed! No Bueno... Trade was a LOSER Thats it, Im done.... Just Erased all of todays Gain!

My Binary Options Trading Journal, Goal; $1000 to $10,000

Markets are so dead at the moment, I guess from all the running they did earlier during NY Session! Only the Aussie is Moving normal like and Im waiting and watching for a setup to occur.

My Binary Options Trading Journal, Goal; $1000 to $10,000

Wednesday Trading Stats.... 44 Trades taken 28 Winners 16 Losers Win Ratio 60% Added to the account 0% Sure wanted today to be the day I double the account but Usually I stop trading for the day now and Im short 1 winning trade. But no trade is ...

My Binary Options Trading Journal, Goal; $1000 to $10,000

Well you just can't catch them all! I was busy with my day job and missed this awesome setup. 3 trades I would've taken, all would've been winners! As it is I took 2 trades early on, both winners for 4% gain

My Binary Options Trading Journal, Goal; $1000 to $10,000

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My Binary Options Trading Journal, Goal; $1000 to $10,000