I guess the only thing to do is buy low and sell high or vice-versa. Predicting the market in this integrated, ever changing, and increasingly complex world is just too difficult. Good thing there are just 2 outcomes.
PA
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Journal of a Novice-Level Speculator
- Thread starter Pension_Admin
- Start date
I guess the only thing to do is buy low and sell high or vice-versa. Predicting the market in this integrated, ever changing, and increasingly complex world is just too difficult. Good thing there are just 2 outcomes.
PA
Quote from Pension_Admin:
I guess the only thing to do is buy low and sell high or vice-versa. Predicting the market in this integrated, ever changing, and increasingly complex world is just too difficult. Good thing there are just 2 outcomes.
PA
2 outcomes? I'd revisit that idea if I were you.
Stop loss adjusted. Shorted more NZD/USD.
PA
PA
Stop got hit. In the green again. Stop loss again adjusted.
Add back another short to NZD/USD.
PA
Add back another short to NZD/USD.
PA
Stop got hit. Broke even on one. A little in the red on the other.
Gonna short more as P&L goes green.
PA
Gonna short more as P&L goes green.
PA
Yes, I am still in the NZD/USD short position. Now it's in the money, so I am setting my stop loss to break even and let it ride.
Gonna add more to my short position when it takes a breather.
PA
Gonna add more to my short position when it takes a breather.
PA
Shorted more NZD/USD.
PA
PA
Stop loss adjusted to break-even.
PA
PA
Shorted more NZD/USD.
PA
PA