Brenda's Journal

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brendab
Posts: 39
Joined: 03 Dec 2011, 01:39
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Brenda's Journal

Unread post by brendab »

Hi Everyone,

Here we go, starting my journal. I’m still a bit shaky on the setups, so feedback will help me clarify some things I’m sure.

Trade #1 -6
Trade #2 +12
Trade #3 +34
Trade #4 -8

Pip total= +32
Acct growth=2.4% Love it!!
01-11-12 #1 and #2 result.gif
01-11-12 #3 result.gif
01-11-12 #4 result.gif
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Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
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immy
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Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Brenda's Journal

Unread post by immy »

Hi Brenda!

Congratulations on starting your journal. And what a might good account growth! Rinse and Repeat!

May the Pips be with you!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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John Wimberley
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Joined: 11 Aug 2011, 15:04
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Re: Brenda's Journal

Unread post by John Wimberley »

Hi Brenda. Welcome to AIMS and congrats on starting your journal.
Trade what you see, not what you think

John Wimberley
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brendab
Posts: 39
Joined: 03 Dec 2011, 01:39
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Re: Brenda's Journal

Unread post by brendab »

Only traded NY today. Didn't see many set ups that I liked. I'm thinking because of the News Releases.

#1 -8 pips (forgot to add the spread for buys, should never have triggered. Oh well, lesson learned!.)
#2 +0 BE

Pip Total= -8
Account Growth= -.005 (No worries!)
#1 result.gif
#2 result.gif
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Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
connad
Posts: 6
Joined: 28 Sep 2011, 15:49
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Re: Brenda's Journal

Unread post by connad »

Hi Brenda,

may I ask which brokerage you are using?

Many thanks and happy trading.

Nick :)

brendab wrote:Only traded NY today. Didn't see many set ups that I liked. I'm thinking because of the News Releases.

#1 -8 pips (forgot to add the spread for buys, should never have triggered. Oh well, lesson learned!.)
#2 +0 BE

Pip Total= -8
Account Growth= -.005 (No worries!)
#1 result.gif
#2 result.gif
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brendab
Posts: 39
Joined: 03 Dec 2011, 01:39
13

Re: Brenda's Journal

Unread post by brendab »

Hi Nick,

My broker is Forex.com, their parent company is Gain Capital. I've been with them since July 2010 and had no problems. Spread is 2 on EURUSD.
___________________________________________________________________________________
Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
User avatar
brendab
Posts: 39
Joined: 03 Dec 2011, 01:39
13

Re: Brenda's Journal

Unread post by brendab »

Had some fun today!!

#1 +5 pips
#2 -4 pips
#3 +28 pips (didn't mean to close out, was dragging SL closer to price but I guess I got a little too close. Could have gotten 42 more pips if waited for blue dot, which was my plan. Oh well, still great day and great week!!)

Total pips= +29
Acct growth= 2.1%

Weekly acct growth = 4.5% :D
#1, #2, #3 results.gif
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Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
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immy
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Founder
Posts: 9654
Joined: 22 Nov 2010, 16:46
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Re: Brenda's Journal

Unread post by immy »

Super Trading!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
User avatar
brendab
Posts: 39
Joined: 03 Dec 2011, 01:39
13

Re: Brenda's Journal

Unread post by brendab »

Well, I stunk it up today! Started watching charts 2 hours befor NY open until 2.5 hours after. Took trades that I shouldn't have because I wanted to be in the market. It was extremely choppy, probably because of Martin Luther King day, US Banks closed.

Trade #1: -7
Trade #2: -3
Trade #3: 0
Trade #4: -5
Trade #5: -5

Total pips: -20
Acct growth: -1.5% Lesson learned..don't trade just to trade, wait for setups that scream out at you!
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Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
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brendab
Posts: 39
Joined: 03 Dec 2011, 01:39
13

Re: Brenda's Journal

Unread post by brendab »

Oops! Didn't finish attaching my trade pics.
#2 result.gif
#3 & #4 result.gif
#5 result.gif
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Brenda
"There's no reason to have a Plan B because it distracts from Plan A." -Will Smith
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