31 January 2011

First good day in a little while.  Been analyzing myself and have decided I think I've gotten to the point of undertrading.  The majority of the time my intuition is correct, and if I followed it every time I'd make enough pips that the times it didn't work out would be covered.

This whole, "grabbing 5 pips a session" thing is dangerous because you are constantly hanging on the edge of oblivion, especially with how volatile everything is.

I have to be extremely careful with adding and follow my hard rules on it, because that will burn you so damn quick.  I also have to be very sparing when adding, only add on another setup, like another level.

Stats:
Net Pips: +17.1 pips
Trades:  6
Winning Trades: 4
Pips/Trade:  2.9
Win %:  67% 

24 Jan 2012

Wow.  The volatility has been absolutely insane lately, and not in a good way.  It hasn't been very trendy, just violent moves back and forth.

All of my strategies involve on jumping in on pullbacks in a trending market.  Lately it's been making 40 or more pip moves without a single pullback, then when you think it might be turning, it'll surge another 30.

I'm sitting out until this settles down a bit.

19 January 2012

Haven't been able to trade as frequently because I've been on a business trip, however, I was able to get in 2 days last week, 5 pips and 7 pips each.

Today was phenomenal, and proof of how good I can do if the market actually moves like it does in the NYC/London overlap.

Or maybe it was just a fluke.

Stats:
Net Pips: +21.5 pips
Trades:  4
Winning Trades: 4
Pips/Trade:  5.4
Win %:  100% 

06 January 2012

The London morning wasn't great, but the one trade I got in the London/NYC overlap was fantastic.

The last trade I caught while walking past the computer, it was the PERFECT strike zone trade.  I should've held longer, naturally, but I had to get going.

Stats:
Net Pips: +6.6 pips
Trades:  4
Winning Trades: 3
Pips/Trade: 1.65 
Win %:  75%  

05 January 2012

It's the new year, I'm back and ready to trade!

Today was not stellar, but it was also not horrible.  The first loss was just a legitimate loss, I still think it was a good entry considering everything.

The last trade I should've held a lot longer, but after getting burned the trade before, I got spooked and grabbed my quick profit.  That was obviously a mistake, but all well!

Stats:
Net Pips: +1 pips
Trades:  4
Winning Trades: 2
Pips/Trade:  .25
Win %:  50%