The hard road to consistency

I'm playing a dangerous game

took most my profits on my long gbp.usd at 6296

and added to my losing eur.usd at 3278

that makes me short from 3192

and if it ever gets back there I am going to close most of it out at BE

otherwise, I know from experience, that is an excellent way to go broke
 
Quote from oldtime:

I'm playing a dangerous game

took most my profits on my long gbp.usd at 6296

and added to my losing eur.usd at 3278

that makes me short from 3192

and if it ever gets back there I am going to close most of it out at BE

otherwise, I know from experience, that is an excellent way to go broke
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Do you want to be an old and bold trader in one ? ;)
Why do you play the dangerous game then ?
 
so I'm short eur.usd from 9192
long aud.usd
long gbp.usd

so net short usd

or at 1:1:1 short eur.aud and eur.gbp depending on how you want to look at it

but I don't stay 1:1:1 very long
 
Quote from oldtime:

so I'm short eur.usd from 9192
long aud.usd
long gbp.usd

so net short usd

or at 1:1:1 short eur.aud and eur.gbp depending on how you want to look at it

but I don't stay 1:1:1 very long
More...
i meant 3192

had my limit in at 3192 and got filled at 31913
 
sold some more at 3274, makes me short from 3232, and at the moment it is my largest position

if I ever get out of this trade alive, I'm just going to go raise chickens
 
seems like the bulls and bears are pretty evenly divided in that 3232 to 3238 range. Doesn't take much of a move above that to get the bears covering.

I'm starting to feel like I am the only bear out there willing to sell a rally, and even then my next sale is way the heck up there at 3365.

if I can't get that, I will also sell at 3190
 
so that's how it is going to work is it?

I told you if I couldn't get 3365 I'd sell some more at 3190 (actually got filled at 31888 on a 3190 stop, so it works both ways.)

man I hate to add to those winners. It's so unintuitive. Plus, it messes up my average price.

so now I'm short twice the size at a worse price from 3210

If I ever get out of this trade alive I'm just going to go raise chickens

Although I must say, so far it has been working remarkably well
 
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