You must be FAST

Fast 12,5 pips in 2 minutes. Closed just before the reverse. (ouph)

Weekly Stats : Week 15 (18-22/2)

A quite week with less acivity, 35 trades in 4 days. Reward/Risk ratio is still low, below 1.

Slice of bread

9,5 pips in 2 minutes on my 10 sec chart. Although the slope of the longer MAs was fine and MAs well separated, I closed trade at +9,5. Much more pips were waiting there, the trend was not over, BUT I have seen so many winning trades turn into losses... Now I close at +10-12 most of the time.

30cm of snow in Athens and I am making templates on Ninjatrader. I am really amazed!

Downloaded the free version 6.5.

Lot of tools, custom indicators, scripts, backtesting etc, all free of charge (if you don't trade directly from the charts, personnaly i don't).

A nice piece of software. Works like a charm with my live Int. Brokers account.

goodbye Oanda and your bloody lagging charts!

Weekly stats : Week 14 (11-15/2)

Another mediocre week, a loss of 5,93%, due mainly to one important bad trade closed at -43 pips wich ruined the gains of the entire week. But the lowered again win/loss ratio shows that i took risky trades and shoot everything. 56 trades in 4 trading days, 14 per day, still above the target of max 10 per day.

Consistency not yet achieved.

20 pips

20 pips won in 2 trades, the bias was down.

Weekly Stats : Week 13 (4-8/2)

45 trades in 3 trading days this ending week, 15 per day, the goal of maximum 10 daily, not yet achieved. W/L ratio is above 2 again, after the disastrous 0,7 last week. Confidence is coming back.

Very busy in the last 10 days. Hope to start posting trades from Monday on.

Monthly Stats : January 2008

Lots of trades in January and this compromised the overall performance. 17,5 trades per trading day. One amazing number : January performance before commissions (before costs) is +31,3%!! This is how Interactive Brokers get richer and how traders lose money. The broker (like the casino) has always the edge and only very rare, selective and safe trading can beat this.

Weekly Stats : Week 12 (28/1-1/2)

A bad, bad week, worst one in the last 3 months. Overtrading is my main problem. How can I win with 102 trades in 5 days, paying commissions on all these? Overtrading means also that I shoot on everything that moves, taking risky trades too, and that gives much more losing trades. In consequence, W/L ratio dropped below 1 for the first time. Bad, bad trading.

Need to cool down next week, max 50 trades, and keep on the safe side.