Friday, February 26, 2010
No trades today, to avoid the last minute non-sense, as I feel very tired, almost exhausted. Need to protect the gains of an exceptional month for me. February is above +115%, my first account doubling using low leverage on a rapidly increasing equity.
Thursday, February 25, 2010
Wednesday, February 24, 2010
Tuesday, February 23, 2010
Sunday, February 21, 2010
Friday, February 19, 2010
Wednesday, February 17, 2010
Tuesday, February 16, 2010
Friday, February 12, 2010
Five mini losers in a row, after a looong time. Why? Because I insisted to anticipate a new leg down. Result ; I gave back a considerable part of the previous gains. Stopping now till Tuesday, to cure my overtrading syndrom...
Wednesday, February 10, 2010
Monday, February 8, 2010
Friday, February 5, 2010
Ending with these. Total: +130 pips for the day. 89 trades, which means I gave back 54 pips as commissions. +12,2% daily and 91,9% weekly, despite a moderate leverage (20-25). My best week ever, but it is mostly due to the exceptional conditions of the markets.
You are just a little mouse in this job and the market is the big hungry cat. The cat lets you have your daily food but If you are distracted for one single moment, you are lost, he will catch you for sure.
Post-NFP and I let the two elements of a common trap to be present: an unmotivated entry and a moment of distraction. So I entered against the fast trend, I was distracted ,I hesitated for a moment, no stoploss and then it was too late..! Closed finally at -92, at 123.33, which was the absolute high of the session!..
I had a moment of dilemma after this. To stop there, with a -13% daily, in order to protect a 52% gain for the week. Or to try to recover the day, using the extreme volatility of the recent days in my favor, with no more stupidities. I opted for the second and had a looong session with a lot of trades. Most of these, in the next posts.
Thursday, February 4, 2010
I came back from vacation one day earlier for a personal reason and then i traded again this afternoon, after Trichet's speech. An easy to trade market as the collapse of euro was obvious and inevitable. Pure luck to be again in front of the monitors on such a unique day (as it developed), normally I would still be on the mountains!..