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Dice Man - "The 50/50/50 Account"
Started Apr 7, 2010|Trading Journals|10 replies
Starting with just $50, risking 50% of total capital on each trade, winning at least 50% of ...
I guess you could call me a scalper. I use hard stops, trailing never seem to work for me or cut me out early.
Filled GBP/USD - Long 1.5292/TP1.5361 = $276 (4 mini lots) Capital = $372 Monday's trade will aim to make 600 which will mean turning $50 to $1,000 in just 3 trades. Wish me luck! ![]()
Perfect trade this morning Closed GBP/USD - Long 1.5292/TP1.5361 = +69 ($1,035) My biggest scalp so far, biggest profit and all in under an hour!
Stopped for a bite to eat and well, I couldn't resist a short! Filled GBP/USD - Short 1.5200/TP 1.5190/ST 1.5210 = +10
Filled GBP/USD Short 1.5179/TP 1.5151 = $46 (2 mini lots) Capital = $96
Filled GBP/USD Short 1.5179/TP 1.5151 = +28 That concludes my trading for the day - I've got a busy day! ![]()
Thanks dude, I've learnt not to question myself and to avoid over-analysis. I literally spend 10 seconds on the chart looking, not touching or adding anything, and place my order or position... I rely 100% on my own perception and that is it. Ultra ...
Starting with just $50, risking 50% of total capital on each trade, winning at least 50% of ...
I've just had a reminder pop up I have a meeting so I'm exiting this trade at +7
Filled GBP/USD - Long 1.5229 /TP~20/ST~10 Manually working this trade instead of using limit orders.
Stopped out at break-even, should have taken my 10 pips on this scalp but no worries.
Filled Gold - Long 1112.5 / TP 60 / ST 25 GBP/USD - Long 1.5210 / 1.5240 / 1.5199 Cable on the charge!
I'm focusing on Cable mainly at the moment because I just don't have the time to trade multiple pairs (although I do hold a long on gold). To be honest if I can make 20-40 pips per day on just one pair, there really is little point trading anything ...
Typical, I come out of my meeting at my long alarm triggered - would have netted 60+ pips. I won't be able to trade for the rest of the day as I'm too busy, probably the same tomorrow actually. I need to sort a few things out before I go on holiday ...