Tradingjournals Quest... Turn $100 To $100K or To Ash

e/u 1.4325 was a solid bottom area, retest a number of times (forgot the count).

e/u is now around 1.4425. I am thinking to close it out, and wait for a possible retreat, and then think what to do from there.
 
Quote from tradingjournals:

We have had a retreat of around 40to50pips so far. E/U is now at 1.4385. I am thinking it is a possible point for me to starting scaling back in on long side.

e/u at 1.4417. +32pips. I think I should start scaling out here at least partially, and wait for a possible retreat if it comes. The move was very fast-- the bears seem to have been shorting a bottom around 1.4382, and then followed by short covering. The other explanation is just straight buying, which I do not rely on much.
 
Quote from tradingjournals:

I am very surprised by the silence of the readers of this thread. Don't you have comments/questions/input/etc to share?

I'd love to hear a more about your reasons for the trades. Kinda sounds like your just bragging because you have it figured out pretty damn well. That's ok, I'd rub it in also if I was as profitable as you are. But if you want dialog, give a little.
 
Quote from shortie:

the readers are still in shock there has only been one teeny loser out of ~30 trades

They would be more in shock if and when I would blow up the account! Furthermore, I have not yet seen what the losing trades might lead to---What if the losing trades are big (because of not getting out soon enough for instance) to reverse things?

I thank you for the compliments though.

I am starting to think that trading is more complicated than if viewed just from the difficult of designing entry/exit points, because of the trader in the loop and the capital.

There a number of traps, such as the trader could get in before the models, not take some trades after issuance, take profits earlier, etc.

In relation to capital, if one trades with his own capital, if it is too little, it may not be worth the effort, but if it is enough emotions might kick in and disturb the whole thing.

I am then wondering whether trading is rather more for the already very rich, or for those who might want to try some big return with a little piece of money such as $100.

I thank I can see why banks/etc can make money in this but not the average trader. It is not skills, but the other things.
 
Quote from SomeYoungGuy:

I'd love to hear a more about your reasons for the trades.

It is a models type of thing. I realize it may be boring for the readers, but there are no particular reasons in the models.
 
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