Tradergreg Forex

Whatever you're doing, DO THE OPPOSITE
Force yourself to bet against your current self and trust it. I would love to know your trades in real time so I could take the oppsite trade.

What's the worse that can happen?
Worse results? I doubt it.

You have to do what is right, not what feels right.
Most people cannot take this step. I've been there.

Good luck and enjoy the process of self discovery!:)
 
Stop moved to 80.25

Quote from benwm:

Whatever you're doing, DO THE OPPOSITE
Force yourself to bet against your current self and trust it. I would love to know your trades in real time so I could take the oppsite trade.

What's the worse that can happen?
Worse results? I doubt it.

You have to do what is right, not what feels right.
Most people cannot take this step. I've been there.

Good luck and enjoy the process of self discovery!:)
More...

That sounds like a great idea actually, I pretty much only trade to learn more about myself anyway. If I hit -6 risk points, which seems probable, I will.
 
I wasn't anticipating what I've seen from the USD/JPY trade, so instead of waiting around I'll close it.

Long USD/JPY result: -30 pips = -0.37 risk points

1 Wins, 10 Losses.

Win Percentage: 1/(1+10) = 9.1%

Cumulative Risk Premia: -4.82

Average Risk Premia: about -0.44 risk points

Last trades, recent at top:

-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12

My delayed closure on this shows that I subconsciously have more faith in chance than my entry. Whether or not this is true, it's important in my learning and re-learning to keep up my confidence. I've also reviewed some more charts and notes from back in the day.
 
New Order:
Short EUR/GBP
Trigger: 0.8981
Stop: 0.9065
Cancellation: 0.9090 or Tuesday 5:30 pm
Risk: 84 pips = 1.00 risk point

1 Wins, 10 Losses.

Win Percentage: 1/(1+10) = 9.1%

Cumulative Risk Premia: -4.82

Average Risk Premia: about -0.44 risk points

Last trades, recent at top:

-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12
 
I think there's potential for the trade to go either way, but I'm going to take my profit for once at 0.8831.

Short EUR/GBP Result: 0.8981-0.8831 = +150 pips = +1.85 risk points

2 Wins, 10 Losses.

Win Percentage: 2/(2+10) = 16.7%

Cumulative Risk Premia: -2.97

Average Risk Premia: about -0.25 risk points

Last trades, recent at top:

+1.85
-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12
 
I will still honor my decision to take the opposite of my trades if I reach -6 risk points in aggregate, and I will also if I reach b/e (but off my records in this case).

New Order:
Long AUD/USD
Trigger: 1.0811
Stop: 1.0639
Cancellation: 1.0623 or Friday 3:55 pm
Risk: 172 pips = 1.00 risk point

2 Wins, 10 Losses.

Win Percentage: 2/(2+10) = 16.7%

Cumulative Risk Premia: -2.97

Average Risk Premia: about -0.25 risk points

Last trades, recent at top:

+1.85
-0.37
-0.34
-1.00
-1.00
-0.37
-1.00
-0.20
-1.00
-0.63
-0.03
+1.12
 
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