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Lesson learned. If you're doing something that works, stick with it. Listen to yourself, not others. 16 pip gain, now 60 pip loss. Now watching so see if this is simply a quick retrace or if it's now made a double bottom for the continued ride up. I believe the latter is more likely...

Sticking to the take profits may have just cost me a miraculous 16 pip gain on a terrible position. Lesson for the day very well could end up being: personal experience and intuition > advice from elitetrader. Sell offs - get 'em while they're hot, don't wait for more. We'll see....

That one went somewhere over the moon last night. Now playing it as a swing on the daily chart. Intelligence would have dictated that I average up at the double top on the hourly, however it was there when I started the platform and before I could gather my thoughts the price had already...

Doubled down... Net short EUR/USD 1.45928 x2

15 min: 1 hour:

Ended up breaking back down after a few pops up (one of which was what stopped me out). Re-shorted on what appears to be another failure of the trend line on the hourly. Trying something new with this one. I'm off of the 15 min trend line (worse position than previous), but a large hourly...

Decided to play around tonight, should have just taken the day off. Short EUR/USD 1.45988 Covered EUR/USD 1.46053 -6.5 pips Was due for a loser. Glad to get it out of the way.

Link/citation for this? I thought there were loopholes.

LOL -tea -water bottle -about 50 post-its with s/r values and numbers from the sluts at the bar -pen for scribbling on post-its -bills And of course some good luck items: -two seashells from my gf -dove candy wrapper that says "failure is only the opportunity to begin again more...

There's a reason they're so popular, and that reason is that they have rock bottom prices, but outstanding service. I'm sure that has a lot, if not all, to do with the tiny profit margin.

Got distracted, no trades tonight. Totalzzz: Week 5 Day 1 +65.5 pips 20/5/1 Just over my 14 pips/week target. Schoolin' all day tomorrow, no trades until Wednesday. Happy trading everyone.

Fixed for correctness. :p

^LOL! Absolutely not. I've never met one that doesn't consider trading either gambling, stupid, or "no one can actually make a living like that." No offense to NoDoji, one of the exceptions to the rule. How many other women are there here?

Same trend line got bounced again while I was at work. Even larger move this time. Who says simple s/r doesn't work? :p EDIT: Hmm... apparently that wasn't one of the charts I posted. The pervious test and fail of the trend line is when I entered the short mentioned on the last...

haha for sure! market order = market ownage

Ah... so I basically just wait it out and buy them on the open market? I can't speak from a fundamental standpoint, but as a fequent newegg customer they're an excellent business to deal with and I know many others that swear by them. This will definitely be a stock I'd like to own.

I assume you're talking about a physical person. So what if my broker is ETrade?

Outstanding. I love newegg. How do you get in on an IPO?

Thanks for the advice/encouragement, it's always appreciated. :D

That IS my worry with having a loss. Not so much the actual monetary loss (which would be very small), but just the idea that my wins would be lost. As for not letting trades go again me enough, If you read the first half or so of the journal, I actually let many trades go 2-3x my profit...