Friday, October 8, 2010

- 45 pips



Desperate trade after desperate trade. I abandoned scalping mode mind-frame on my second trade in eur/usd. From that bigger then needed loss I played catch up game so bad. I feel so bad when something like my scalping plan that I had high hopes for get dismantled so brutally.
-72 pips


Update: One more desperate trade that happen to be profitable +20 pips
Update 2: I had half size trade after NFP, I couldn't help myself and so I traded again +7 pips

Wednesday, October 6, 2010

+ 18 pips

Sometimes I have very good feel when to enter. I was surfing and charts were in the background, I noticed slight move on eur/jpy like it will brake down. Five seconds after my eur/usd short strong spike followed.

Wednesday, September 29, 2010

September 2010. results

-45 pips

-10%

-76 pips

Real bad. Got spike up against me and I moved stop and lost 25 instead of 13. When it started to go down I reshorted but it reversed and I lost 10 more. Then I went long and it started to go down basically all the way and I didn't close it. I averaged with small amount that I had left and didn't took the chance to exit at b/e for last trades but 20 pips lower. That exit didn't get me anything, to late to think about scalping. Then I just chopped myself because I was desperate for a move and market was just jumping around. I made all the worst choices that I could.


Tuesday, September 28, 2010

+40 pips

I'm very pleased today. Nice profit and many, many trades. Good that I was able to scalp and not get tired or emotional when volatility presented nice opportunities for trades.

Only on one occasion I moved away from scalping mode. Fortunately it went in my direction, but at the time (11:35) I had half size trade in gbp/usd and full size in eur/usd. I risked basically all that I gathered until then, around 15 pips, maybe even more. It took 15 minutes to show profit. I expected that gbp/usd will explode to the upside, but eur/usd did. Even thou it was my biggest profit it wasn't scalping and was wrong to do it. I had opinion about gbp, high probability one, but trading by opinions is different then scalping because I don't know where to exit in a loss or I don't want to.

On a positive side I like how I switched from short mode to long in eur/usd when market reversed direction of pressure.




Friday, September 24, 2010

+ 27 pips

In the middle of my first set of trades after the news Oanda crashed but was back in a few seconds. After my last trade with full size and another nice win I started to feel strong emotions of joy and then I knew that I can't trade any more.