I'm with you there - it's great carrying in profit trades into the weekend but today was not to be. Catch you Sunday no doubt. Kind Regards Steve

Steviet's Live Trades!

Hi Mike, You get used to it lol - we all have bad days but the trick is to have a money management style that means you'll still be back in the market the next day, week, month, year. A lot of traders risk far too much but the market always finds ...

Steviet's Live Trades!

Thanks for your comments again. I'm not overly concerned - as you say these are the weeks that you just have to tough it out and believe in yourself & your system. I don't think I've had a live day yet where initial stoplosses at more than 10% over ...

Steviet's Live Trades!

Cool, it's been very rangy this week which is great of course for some styles of trading - just not mine lol Onto next week & I'm sure we'll be back on track

Steviet's Live Trades!

End of Week Report — - don't you just love NFP Fridays! US data all poor & they go and revise last months NFP coz they can't seem to count - 206K from 167K - what's the point in releasing any figures if they're that far out? ...

Steviet's Live Trades!

Hi, I'm having a bad week but I expect to have a few of these on my journey. My backtesting was done purely on Technical Analysis so that's how I trade live too. Basically I ignore any news events due but obviously take note of the price action that ...

Steviet's Live Trades!

Another One Bites The Dust lol — OK, USDJPY now stopped out for minus 36 pips. Three trades still open and overall just in profit as at the time of writing (pre-nfp). Total Pips Feb 07: minus 112 Cumulative Since Nov 06: plus 1856 Account Bal ...

Steviet's Live Trades!

Well, managed to hold onto USDCAD into the third day but just got stopped out for minus 22 pips. Having a really testing time at the moment and methinks with NFP due today, it ain't going to get much better this week. The market will decide on a ...

Steviet's Live Trades!

Hi Kevin, Welcome I guess you could look at trying this on a shorter timeframe - the reason I use daily charts is that I still work full-time and the method suits perfectly. I also thought that should I be successful in my endeavours and trade ...

Steviet's Live Trades!

Hey That's a better start to the month Lets hope Feb will be a trend traders dream Kind Regards Steve

Mr. Trend's Swing Trades

Well spotted - 5 pips to you hehe thx

Steviet's Live Trades!

Sorry 'bout that Mark - patience is a virtue The market has to trend at some point - it always has & always will. That's why the money management is as it is so we're still here to take advantage when it does. Kind Regards Steve

Steviet's Live Trades!

OK, 4 current trades have stop losses tightened to an acceptable level before NFP..... USDCHF short from 1.2437 (s/l 1.2470 guarantees minus 33 pips) USDJPY short from 120.65 (s/l 121.01 guarantees minus 36 pips) EURUSD long from 1.3032 (s/l 1.2991 ...

Steviet's Live Trades!

Hi SeekingLight, The reason I kept GU short is because those are the rules I set up and I will not deviate from them. If my stop loss was hit yesterday I would have taken a long GU today from what I saw on the daily charts. The rules have been set ...

Steviet's Live Trades!

Well, I for one am looking forward to reading your journal - it's like being a kid again trying to soak up all this knowledge

Pipple's Easy Daily Trading Journal

Yup, with this method you just have to grin & bear it whilst the market chooses direction. Once the market does decide, you just hitch along for the ride. The beauty is with this, you should be able to catch a large part of any trend because you're ...

Steviet's Live Trades!

OK, remaining 4 trades still open with an overall small profit. Will be able to tighten those stop losses significantly later but a little worryingly all seem to be trying to form dojis on the daily charts lol. And its NFP tomorrow - deep joy ...

Steviet's Live Trades!

Cool, just having a quick read now

Steviet's Live Trades!

I thought you were sorting out plan (b) - I'm sure that's what we agreed

Steviet's Live Trades!

Hey, Great to see you are starting a journal here too - now we can see how the real traders do it I didn't realise you traded for clients - is that more nerve wracking than just trading for yourself? Kind Regards Steve

Pipple's Easy Daily Trading Journal