MichaelC1234 Journal
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MichaelC1234
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- Joined: 09 Dec 2011, 22:43
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Re: MichaelC1234 Journal
Trade 2 -6 Rent for today !!
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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MichaelC1234
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- Joined: 09 Dec 2011, 22:43
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Re: MichaelC1234 Journal
First trade of the day. Moved stop to +1 at 10 pips and just got taken out .
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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MichaelC1234
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- Joined: 09 Dec 2011, 22:43
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Re: MichaelC1234 Journal
2nd Trade , Trailed 5th red candle , but a little fat fingered , grabbed my stop as I was moving it . But a further 5.6 pips to add to the tally
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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MichaelC1234
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- Joined: 09 Dec 2011, 22:43
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Re: MichaelC1234 Journal
Trade 3 . Straight to 20 pips , Took on the break of the 5 min . Went straight to target did not have chance to move before it hit the line. However I will gladly take 20pips with an Attitude of Gratitude
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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immy
- Founder
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- Joined: 22 Nov 2010, 16:46
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Re: MichaelC1234 Journal
MichaelC1234 wrote:Trade 3 . Straight to 20 pips , Took on the break of the 5 min . Went straight to target did not have chance to move before it hit the line. However I will gladly take 20pips with an Attitude of Gratitude
) ) ^:)^ "With an Attitude of Gratitude" Love it!
ps: 20pip on a 10 pip target is 1:2 for a four hourly trade it equals to nearly 200 pips!
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1
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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MichaelC1234
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- Posts: 62
- Joined: 09 Dec 2011, 22:43
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Re: MichaelC1234 Journal
Trade No 1 of the day, Price was struggling to break the recent high , so had stop gradually moving up , was at -3 from entry , The quick spike took me out , BIG slippage ended at -12. Did anyone else suffer this amount, as not quite sure when moving stop it is registering as keeps jumping back to original
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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snowman
- Posts: 77
- Joined: 21 Aug 2011, 15:55
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Re: MichaelC1234 Journal
Hi
Check to see if your got two EA's running at the same time as this will give you the problem. i.e one on a 1m & one on a 5m chart.
Cheers
David
Check to see if your got two EA's running at the same time as this will give you the problem. i.e one on a 1m & one on a 5m chart.
Cheers
David
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MichaelC1234
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Re: MichaelC1234 Journal
A total of 5 trades today , not all documented , a few computer problems , eventually up +7 for the day which is nearly half percent . I am finding that I am moving the stop too soon and getting pipped out before the trade then carries on to original target. Last 3 trades shown , Must be less aggressive with the stop !!!
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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MichaelC1234
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- Joined: 09 Dec 2011, 22:43
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Re: MichaelC1234 Journal
Trade no 1 Cannot see anything wrong with the trade , but time for some rent -5 . On to the next
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[center]"Riches do not respond to wishes. They repond only to definite plans backed by definite desires, through constant persistance " [/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
[center]"The thing you set your mind on is the thing you ultimately become "[/center]
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Grant
- Posts: 943
- Joined: 14 Aug 2011, 14:52
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Re: MichaelC1234 Journal
Morning Michael,
i saw that as a set up 2 trade so was waiting on a fresh AIMS, when it printed 3 candles later the AIMS box was too big so i passed on the trade...
As you said NEXT
cheers
Grant
i saw that as a set up 2 trade so was waiting on a fresh AIMS, when it printed 3 candles later the AIMS box was too big so i passed on the trade...
As you said NEXT
cheers
Grant
success = patience + discipline - greed