My Goal for 2007: Break-Even

Quote from dejatrader:

Is it my imagination or are you not making more money when you're feeling "off"?
You're right, but when grading and reviewing the day I have to look at how I obeyed the rules and felt watching the screens. So I may be pulling in more cash, but I think that is based too much on luck... and I know all too well that luck goes both ways in a hurry.


Thanks for the well wishes Anekdoten!
 
7/27/2007
+$417.36, 2 trades (2W)
EURUSD: +6.5/24
USDJPY: +42.5/87

B
The one USDJPY position I opened up last night and let ride overnight - didn't reach the original target, so closed this morning before US GDP release (regardless, I am still satisfied with the profit). Felt good this morning, reached the target this month.
 

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7/30/2007
+$309.67, 4 trades (4W)
EURUSD: +5/17
USDJPY: +30/68

A
3 of these trades are from last night (shown in chart) and 1 is was a quick USDJPY for 10 pips. Everything was in order and felt good.
 

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7/31/2007

No trades today. Moving to a new house and Comcast will be playing with my internet connection so I don't foresee many trades for a week or so.

Thanks dejatrader!
 
8/3/2007
+$661.33, 1 trade (1W)
USDJPY: +78/122

B
This trade wasn't based on the system - just from the gut (and seeing a decent channel developing). I put in a limit order to sell at 119.00 that got hit Wednesday night and I closed it this afternoon (before the original target of 118.00) because I didn't want to hold over the weekend.

I don't normally do limit orders but did this time since the trade wasn't based off the system and because I haven't been able to keep my regular trading schedule (and won't be able to for a while because moving to a new house is such a pain in the ass).
 

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8/7/2007
+$440.10, 1 trade (1W)
USDJPY: +52/64

C
Made this trade from the office since my home setup torn apart right now. I don't normally put on trades before major news, but after taking a look at where USDJPY had been moving over the past day or so, it just seemed ripe for a quick short. Opened the position before the announcement and closed shortly thereafter.
 

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8/15/2007
+$1,319.28, 3 trades (2W, 1L)
EURUSD: +15/41
USDJPY: +120/210

C
The USDJPY trade was opened back on 8/10. I considered closing yesterday for a small profit (because it was taking a little longer to pan out than I originally expected), but after the Dow tanked Tuesday I felt good leaving it open for one more day. Extended the target 20 pips last night and was hit this morning.

I don't know how the first EURUSD position (short) was opened - I must have mistakenly opened it around the time I closed the USDJPY position. I realized it was open about an hour later when I came back to the computer. I immediately closed and reversed that position because I didn't like being short at the time. Let it run for a net of +15.

These trades were based mostly off gut feelings and I should only treat them as luck. My office is still torn apart from the move we made... I can't wait to get back to my regular routine and start using/following the rules again.

P.S. Thanks to everyone for all the well wishing and congratulations - but I still have a long way to go!
 

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