fxThunder

Started the morning with good drawdowns due to increased agressiveness and position sizing. went back to basics in the later sessions and managed to recover a fair amount of the loss. Nothing ventured nothing gained...... Cheers, fxT

Today's results..... Cheers, fxT

I, for one, always take tremendous inspiration from real life success stories and I do think this thread has the potential to spawn at least one or two of those. Cheers, fxT

I have opened an account with MB Trading and will probably fund it with 3k during next week. I may switch to trading that account for the balance of "The Race". My initial small account certainly does put me in a bit of "catch up" mode to get to the starting capital of the rest of the racers.... Cheers, fxT

More steps forward. Account growing at a steady pace... Cheers, fxT

Steady as she goes. Probably sub-optimal for the day but followed my plan. Cheers, fxT

My statement for today. Cheers, fxT

Looking forward to next week, it should be fun! Cheers, fxT

Had a few times at bat yesterday and ended with essentially a par result. Cheers, fxT

Whilst I battle to post real time entries and exits this thread looks like it have the makings of a lot of fun and a worthwhile challenge, at that. I will join "The Race". I have a small FXCM account that I use to play around in. I will use that for "The Race" Starting equity is $453 - the account is a live account. Today's snap included herewith. Unfortunately it is quite big, I can't get another way to display all the data required ito the rules for this thread. Cheers, Fxt

Hi Cory, Open a demo account with MB trading and do a side by side comparison. I have been very impressed with them in the few days that I have been doing that myself. Cheers, Fxt

EJ has a short setup and I am stalking. cheers, fxT Update: cancelled due to new high

Cancelled the stalk.

Stalking a long on GU. cheers, fxT

I am going to hold this EJ short with a small stop still - hoping to get it to breakeven soon. Reason for trying to hold this into the Asian session is that I managed to grab a short entry at the high end of the current 60min range and there may be a bit more downside with risk already reduced significantly. Cheers, fxT EDIT: Closed the trade at breakeven. Not enough room developed between my entry and price to feel comfortable holding it overnight.

EJ short entry triggered...

EURJPY certainly is the weaker of the bunch and has a short setup worth stalking. Cheers fxT

Cancelled short stalk on GU

Similarly a short stalk on GU. Cheers, fxT

Short on EU setting up. Cheers, fxT Cancelled short stalk on EU

Hi Everyone, EminiNQtrader has now changed name to fxThunder - I am now only focussed on forex and decided the name change is required to reflect this focus. The thunder portion of my name refers to the daily thunderstorms that occur in my part of the world and are very powerful to experience. Hopefully that power can be transferred to my forex trading. Cheers, fxT

Hi Cory, Just a few comments. You are still very focussed on the outcome of your trades. I would suggest that it is more important to rate yourself on how well you followed your plan and the accompanying discipline. I believe (and I think you know) that trade no 2 is a late entry and should rather have been avoided. Secondly you will drive yourself nuts if you try and achieve perfection and also to try and get every swing. This is impossible to achieve. Trading is a game in which mistakes will always be made and as long as the damage is limited it is ok. Following your trading plan is a non-negotiable. Cheers, eNQ

Cancelled the long stalk - price show signs of consolidation right now. Cheers, eNQ

Thought I would add my reasoning for stalking a long here. Annotation in the chart. Cheers, eNQ

Found a long stalk on EU here. Cheers, eNQ