CKH Trading Journal
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thread: CKH Trading Journal

  1. #1
    Junior Member erikajttw07's Avatar
    8

    CKH Trading Journal

    Alright, this is my trading diary for my account.
    I have about $100k inside.

    I trade NAKED; this means no indiors but pure experiences only.
    I have being doing this for 2 years already.

    I began with $50k and ended up about $100k.
    My new aim is 200k.

    Wish me luck.

  2. #2
    Junior Member erikajttw07's Avatar
    8
    I should make about $130,000 or so if my goal hits.
    Man! This is just awesome and amazing!

  3. #3
    Junior Member erikajttw07's Avatar
    8
    Please don't answer unless you've got good comments or advices...

  4. #4
    Junior Member erikajttw07's Avatar
    8
    For those wondering what is up.

    I shall post to this journal TWICE a week just:
    Once at the start of the week and once at the end of the week.

    Since I'm writing this, however, here's the most recent stat on my position.
    Anyway, I'm up $5000 with my position. Yeah, that is 5k!!!!
    I will milk and hold my place to max.

    Ha! Ain't life? Oh yeah, baby!

  5. #5
    Junior Member erikajttw07's Avatar
    8
    Oh yeah, trailing stop got hit by injury.
    Made about $6000 in profit.

    Hey, but this was a good thing.
    AUDJPY went down.

    I bought again on 86.194 with lotsize of 8.
    New stoploss is at 75.000 and there's a solid support there.
    It will never retrace down that far.
    My takeprofit is at 122.700 now.

    Damn man. This was a real good week.
    6k in profit by injury with monitoring stop and now I am awaiting more profit. Do not worry, I know what I am doing.

    My balance is up this week. Yeah! Hurray!

  6. #6
    Junior Member erikajttw07's Avatar
    8
    Status on my AUDJPY trade.
    Minor drawdowns, no big thing.
    It is just a minor retracement or hiccup.
    This occurs all of the time.

    DISCIPLINE is the sport.
    My long position is nevertheless excellent.

  7. #7
    Junior Member erikajttw07's Avatar
    8
    Okay, my trade is in positive territory.
    It's roughly $2k up.
    Should I take profit?

    No! It's about discipline and game plan.
    I will wait and milk it all the way.

  8. #8
    My advice is:
    1) shut this diary, as it is of no use for your trading
    two ) ask a question if you are investing or trading
    3) a 12% stop loss? You are kidding yourself, along with your trailing stop won't ever allow you to get to your profit target wich is much more distant
    4) will not proceed to 75.00 is the kind of thinking that will lead you right to the cemetery of trading
    5) ask yourself where you can loe the most fair marketplace with the lowest trading costs and the highest percentage of quantity generated from the ignorant participants and start learning how to trade (it is absolutely not at the FX market)

  9. #9
    Junior Member rwdadesign's Avatar
    1
    Maybe not yet, but it moved to 76.87 in my broker now.

    Know a lesson about cutting your losses fast yet? Let's see... about 900 pips dropped on the AUD/JPY at 8 lots... that's about a $80,000 or 80% drawdown on a 100,000K account... hello margin call!

    Better luck next time... maybe you've heard something about money management for the next time you start an additional DEMO account.

  10. #10
    AUDJPY = 72.96, AMEN...

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