Tradergreg Forex

Quote from southbeach4me:

The POINT Im trying to make is this .......

Nobody here gives a shit about your strategy, especially since you're losing more than 80% of the time. So why don't you post trades showing a chart of what you are looking at, and why you took the trade. This way traders like me and some others on here who are profitable at forex could see where you're making your mistakes & help guide you to make better trades.

Are would you rather just continue to smother yourself with losing trades?

* and please don't start with that shit about you being afraid of others on here stealing your strategy( a LOSING strategy)
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I understand your position. Unfortunately, I'm ok where I am. I have no more than ten minutes per day to trade, and any more than that would be too much.

My money is fake, and I'm smart enough to know when to open an account (historically I'm negative, but the 25 or so trades I made on a real account in 2008 netted a profit). If I'm losing, I actually enjoy it - I learn emotionally how to deal with myself, and it's good medicine because, well, everything else in my life is in order and sometimes losing is fun.

So the reason why I've ignored you is because I think it's preposterous that you want to force me to learn with the help of others, because I think it's a waste of their time and mine. Additionally, contrarily to your belief, there may be a chance that I'm not a moron and I'll eventually make a profit.
 
In GBP/USD

New Order. If this triggers, then my short on GBP/USD will be immediately exited upon entry into the new position

Short GBP/CHF
Trigger: 1.2888
Stop: 1.3102
Cancellation: @stop or Thursday 5:30 pm
Risk: 214 pips = 1.66% of mark = 1.00 risk point

Record: 4 wins, 12 losses

Cumulative risk points: -1.10

Avg: -0.07
 
I'm just realizing how terrible both previous trigger levels were on the GBP/USD short were, compared with what I think was appropriate.

I'll move my stop though to 1.6380, and happily extend my GBP/CHF short OCO to Friday at 3:55 pm.

No other actions
 
Not quite what I was anticipating there.

Short GBP/USD Result: +1 pip = +.01 risk points

Short GBP/CHF Result: -214 pips = -1.00 risk points

It seems I got caught in one of the traps I've been trying to play recently.

Record: 5 wins, 13 losses

Cumulative risk points: -2.09

Avg: -0.12
 
I have unbelievably little time in school. My excel sheet was also not attached last time, so it is now.

Let's get some momentum back.

OCO Orders:

Short GBP/USD
Trigger: 1.5897
Stop: 1.6018
Cancellation: @1.6050 or Thursday 5:30 pm
Risk: 121 pips = 0.76% of mark = 1.00 risk point

Short AUD/USD
Trigger: 1.0441
Stop: 1.0636
Cancellation: 1.0691 or Friday 3:55 pm
Risk: 195 pips = 1.87% of mark = 1.00 risk point

Record: 5 wins, 13 losses
Avg: -0.12
 
In GBP/USD and holding. Other trade canceled.

My excel sheet somehow blew up to 4 MBs, even though it's simple. I'm going to have to recreate it at some point and then I'll start posting it again.
 
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