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Don4
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Everything posted by Don4
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ok ,i have yesterdays long still active with a tp at 1.9860. Total Pips- +282 Equity- +25% Win%- 45.45% http://www.traderslaboratory.com/forums/attachment.php?attachmentid=1459&stc=1&d=1178980261 MaxDrawdown.xls
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Well im currently up 17.5 pips was up 45 but what can u do just have to wait and see what happens sunday!!!
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I currently long at 1.9800 with tp at 1.9860
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well my long shot was stoped out for less than 1%,but that was a trade i had to take. The good news is this morning i had a sell sig (on my short term system) and as it stoped one out my TP was hit +4%
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Yesterday no trade, today tp was hit for +4%,now i have been looking at a longer term system and i believe im onto something good, im going to test this theory with a live trade, i entered at 1.9939 stops are at 1.9924 and tp is at 2.0124 the R/R was to good to pass up so we will see how it goes!!! And no this wasnt a miss type:D
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Im long with TP of 2.0023.
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Well I have been pretty bored the past few days, so i figured i would try and come up with a long term system off the weekly charts, just to pass some time(and to help a friend) this is still very early in my testing but would like to get some opinions. The rules are- 1 trade a week with 6% risk with a R/R at 3 to 1. I tested this on the past 40 weeks I know this is very early in testing,ill probably go back at least 3 years then forward test a while on demo(if it makes the 3 year test) all testing is done manually so i can get a feel for how it will work. What do u think? is 6% to much per trade even though it is 1 trade per week.Some weeks there will be no trades. http://www.traderslaboratory.com/forums/attachment.php?attachmentid=1396&stc=1&d=1178495973 System 2.zip
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I was short this morning before the nonfarm release,needless to say stoped out for -2%.(was slipped a little) Total Pips- +234 Equity- +19.6% Win%- 44.83% http://www.traderslaboratory.com/forums/attachment.php?attachmentid=1387&stc=1&d=1178288813 MaxDrawdown.xls
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Well went short this morning with a take profit of 1.9871 TP hit +4%.
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In my opinion this is what makes the simple systems work,and most dont even realize it. Simple systems forces you to be more consistant in the way you trade.
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I agree with u 100% brownsfan!!
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Finally took profit on yesterdays long trade at 2.0055 +4%, this morning placed a short trade that was stoped out -2%.
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Im curently long looking for tp at 2.0055
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I agree with TinGull the biggest problem with self sabotage is not really believing in yourself or your system. Both are very important,the more confidence you have (with a realistic set of goals) the better. When i take a trade i go into knowing that i will have more losers than winners i dont think short term but always longterm. For me my ah-ha moment was knowing that i dont have to be right all the time, focus longterm and not shortterm, and let price come to me,dont chase it.
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Last few weeks has been pretty tuf but i stuck it out. Total Pips- +195 Equity- +15.2% Win%- 44% http://www.traderslaboratory.com/forums/attachment.php?attachmentid=1350&stc=1&d=1177722965 MaxDrawdown.xls
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well didnt get to give a heads up on todays trade because my long order was triggered and TP of 1.9990 was hit while i was sleeping.+4% (give my weekly wrap a little later)
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Last fridays short was finally hit today +4% and todays short was hit as well +4%.Total +8%.
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Yea lots of shorts And i just shorted again! with a TP of 2.0026.
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todays trade stoped out -2%,fridays trade still hanging in there.
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Well that helped out some.but there is a long way to go!
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i Guess ill find out in about 7min if it will make it or not!
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Added another short position today. so this is what i have last friday short position still active with a tp of 1.9931. todays trade short with tp 1.9969.