David's Journal

[snowman]

Hi Imran

Just goes to show how you can have two different views for the same days trading. I was very impressed with myself for walking away yesterday. Normally I would have just kept trading till the hole was very deep then spent a day or two getting back out. So from my point of view even with the losses I had a good day’s trading.

Cheers
David

[John Wimberley]

Well done David. Good discipline. When we learn to love our losses as well as our wins, then those little things like fear and need for revenge becomes the past. Many more pips to you.

[snowman]

The last couple of weeks have been very busy for me. I've just finished catching up with all the post in the forum, still got all the docs to read that have been posted. Hopefully I can get back to posting some trades again.

5 Trades today.

Trade 1. -4pips Went to plus 5 so I moved stop loss to -4pips
Trade 2. 10 pips Closed after the green dot
Trade 3. 11 pips closed at fib support line I have on my 5 min chart
Trade 4. 7 pips closed at pivot on 1m chart
Trade 5. 4 pips I didnt feel happy after I took this trade, so I closed it.

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[immy]

I love your trades. They look like me trading. I know i said that before! lovely. Since I'm testing the Grants technique I have had no trades except I'm in one right now. with 2 pips locked trailing candles. Nice one. Be trading like I do starting January!

[snowman]

Hi Imran.

Thanks for the kind words.

Just one trade today. I was looking for 10 pips but it only got to 7 before coming back to take me out at BE. Then I was surfing around looking for the wifes Christmas presents, so I missed the move. Still that's the shopping out of the way for another year.

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[snowman]

How the markets really work.

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[snowman]

Well its been hard going this week, I've traded the London sessions Tuesday-Friday, nett result -4.8 pips.

Have good weekend folks.

David

[immy]

You Too David! Have a great weekend!

We were just talking this am, Grant and I, and he expressed his concern about having a first losing week. thatst -4pips but he's since made 6pips so fingers crossed if he does not trade again or if he does and its not a rent he may not have a losing week )

You have a good one David! cheers