15 minutes to success

thread: 15 minutes to success

  1. #1
    Gal?ctico
    Guest

    15 minutes to success

    The title makes me laugh. It reminds me minute Abs or some of the Forex trading systems marketed on the web -- Insider teaches you that the secret to ensured success in just 15 minutes a day.


    Onto Trading.

  2. #2
    Gal?ctico
    Guest
    My intentions for this trading egy are to utilize tight stoplosses, take profits when the market tells me to, and possess a top win/loss ratio. Is win/loss ratio everything? No. Search the forum and make your mind . My journal is not the place. I will discuss how I handle money management in a subsequent time.

    Trade Outcomes for now:

    10:00 GMT
    Sell USD/CAD
    Entrance 1.0536
    Exit 1.0523
    SL 1.0551
    Pips 13

    In case everyone can teach me on how to display an excerpt from my journal spreadsheet here I would much appreciate it.

  3. #3
    Gal?ctico
    Guest
    Took a couple of days off, nissed some nice movements. Wow!

    Trade Results for today (Aug 13)

    09:30 GMT
    Sell GBP/USD
    Entrance 2.0183
    Exit 2.0178
    SL 2.0198
    Pips 5

    This one seemed a little shaky so I took what the marketplace gave me was pleased to depart with a gain.

    15:45 GMT
    Sell USD/CAD
    Entrance 1.0502
    Exit 1.0502
    SL 1.0517 (trailing stop)
    Pips 0

    This transaction is ongoing. Establish a trailing stop since I have to go someplace. Stopped out while in transit at breakeven. Most likely would have closed this manually ching 10-15 pips. Oh well. There's plenty of opportunities ahead.

    Today's Pips: 5
    Weekly Pips: 5
    Total Pips: 18

  4. #4
    Gal?ctico
    Guest
    I just wish to talk to some thing I noticed in myself some time back that limited my success when short term trading. That's the if only situation. Going back and looking at a graph and saying man if only I had kept my position I might have made 50 pips or whatever that value is. The reason this line of thinking was harmful for me personally was it made me question my exits and sit trades which were moving against me because I wanted to hit the triple, the homerun, or even better. . .the grand slam. When I should have been pleased with one. When short term trading a lot of singles results in more RBI's than the triples and beyond.

    Do you believe Tony Gwynn was mad with one or wished he had shut his eyes and swung for the fence? I believe not. He made it into the Baseball Hall of Fame in the first chance because he was a high percentage, always successful hitter. So make certain to lock in profit. Who cares if it's just 5 pips (true you will not have folks here oncliqforexthinking you are a trading ace and providing you alms). These 5 pips for a single trader might be worth much more than 100 pips for a second. Fantastic Trading!

  5. #5
    Gal?ctico
    Guest
    03:00 GMT
    Sell GBP/JPY
    Entry 237.16
    Exit 237.02
    SL 237.31
    Pips 14

    15:15 GMT
    Purchase GBP/JPY
    Entry 236.85
    Exit 236.90
    SL 236.72
    Pips 5

    16:15 GMT
    Sell GBP/JPY
    Entry 236.01
    Exit 236.11
    SL 236.86
    Pips 10

    Today's Pips: 29
    Weekly Pips: 34
    Total Pips: 47

  6. #6
    Gal?ctico
    Guest
    I've been remiss in posting my trades. I will try to post my trades as real-time as possible moving forward. My trades over the vaions:


    Merry Christmas/Happy Holidays

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