Recent content by Mephistophilis

Hi lescor thanks for reply. I actually dont know what my problem is. as 1) i am not trading oversize. 2) it doesnt happen regularly too. But i become very upset about it even if it happens once in two months. May be its psychological issue.. can you suggest something to clear it? thanks...

Hi Lescor and friends.. Thanks for this wonderful journal!! completed reading. would have been great had you continued with it... but whatever you gave is just great.. Had a question. Is it good to keep a daily stop limit?.. like stop trading for the day after hitting a particular limit...

Hello Mr. Winston Nice to see that again you are on your way to green numbers. if i were at your place, i dont think i would be trading now:D . Did you make any modification to your system or is it your calm and cool mind that waited for right time for profitable trades... thank you...

Hello Mr. W What a Journal!!! i know you had a big loss a few months back and i also know how nicely you recovered. i know you will recover this time too. Your journal sets an example for all traders like me. you are teaching us to keep fighting and not give up. good luck

hello nodoji nice trades, would be great if you post at least one chart everyday. please do that if time permits. Mephistophilis

stop and target are based on entry:)

Hello geez thank you very much for detailed explanations. one doubt in my mind is commissions. when you are risking $40 or $50 you also have to include commissions to this loss. and when target is $80 or $100 commissions comes into action again. do you risk $50 including commissions and set...

Hello mr. weinstein was really unlucky that did not see your journal for a long time. but no problem as i have found it going through it. all i have to say is that your journal is truly inspirational for people like me who are still learning to walk in the field of trading. the way you...

Thanks for your reply m'am you are absolutely correct. i am using 20 ma for the same purpose. for trend continuation, trend break, pull backs it can be useful. many times i have seen you carry positions overnight. so whats your experience are they more profitable then daytrades is it safe...

Hello NoDoji first of all congratulations to you for such a nice journal. i have been following this since a long though registered only today. i am preparing a system to daytrade stocks and doing it with a very small amount instead of paper trading. i want to keep it as simple and...