Thread: Gaming Rig Trading

decent trade to 1.4000 target.

The first two transactions were minor losses. I presumed price would return to 3950-3960 therefore I can make profit. However, it never went and my third commerce is the final one for the day. If this was few weeks ago, I'd have stuck to my bias and it would have been a loony loss.

Although it was a great trade, it would have been better if I can get my 2nd position in. But price went straight to my goal and not retraced.

My first trade was a reduction which I could admit to. I must have stuck with my prejudice since the technicals nonetheless support a downtrend move. But I decided to switch my prejudice to the side that is an error on my part.

You can see in the chart I had been opening/closing trades like a confused retard following the first trade reduction because I had been moving back and forth in my head with analysis. I simply decided to be more economical than the market when I must just spend the price moves in face value.

I am pretty mad at myself to do this. Going forward, I'm hoping to minimize these dumb impulses.

Sometime after March 10 I realize I had a second'buy-in' into my account to achieve my goals. I left few too many mistakes and also the account was in a level which it'd take me more than couple of months to get up to some stage where I can withdraw and buy me a gaming rig.

So I put in another $1800 on March 15, also managed to earn more profits. The account stands at $1100.

Technically I am done with this diary. I could withdraw all my cash and buy me a gaming rig.

However I want to give a second month at it, and withdraw at end of April. And have something left and possibly start another journal to get something bigger...

But at end of this month I think I'll withdraw $500 profit and get me a massage/dinner/whatever else with the wife. No purpose of trading if you can not at least enjoy some profits...

Arggh!

Can not believe that since I awakened 20 min late, I missed a 200 profit setup during euro hours.

Ended up getting -$30 reduction.

Now I am at work hoping to find something from NY session.

And that I missed a setup while driving to perform!! WTF!!

I am so pissed. I might do something crazy like dismiss a halt and let shit fly@! #@

Originally Posted by ;

Arggh!

Can not feel that since I woke up 20 min late, I missed a 200 profit setup during euro hours.

Ended up getting -$30 reduction.

Now I am at work hoping to get something out of NY session.

And I missed a setup while driving to work!! WTF!!

I am so pissed. I might do something crazy like dismiss a halt and allow shit fly

Calm down, hilmy. I hope you are joking about blowing a halt off.

Don't allow your emotions take over. There'll be more installments.

I chose to just end the day. I think I would be asking for trouble if I chase this market following 2 missed chances.

It feels a lot worse overlooking potentially profitable trades than it would be to lose trades.

Next time...

Nasty week .

Held couple of transactions during the upside move from 4100 to 4175 roughly. I then missed the movement that was brief by 5 pips.

Then the remainder of the day was only sideways following that. It had been so freakin annoying.

March Endings, and I'm up $600.

Another month ought to be useful to get more money so I can finally buy a gaming rig.

Some lessons:

Need to be more adaptable to price fluctuations. I have a tendency to get attached to a prejudice, which have contributedto losses.

Must begin keeping track of losing trades with more information. Wish to understand these losses before I begin considering maximizing my winners. I will documents the reasoning behind these trades.