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Kenneth Lee replied Mar 13, 2012I have started a project for myself that i am also sharing here for the time being. Each week i calculate what a 20% increase in equity is. Then based on how much per pip I am willing to risk. I come up with a amount of pips to reach that goal. So ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 13, 2012quote of the day. If you could take a daily pill that would profoundly speed-up the manifestation of all your dreams, would you take it without fail? I thought so. What if it was a big, ugly pill that took 5 minutes to dissolve on your tongue, and ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 13, 2012well it made a lower low on the 4hr it was during low volume so could have just drifted out of bounds. i will watch price action when i am around, may look to enter long
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 13, 2012here are my first small trade of the week, i now have raised my position size so don't really need to 78 to achieve 20% only 68 or so, but we will leave it be. A 100 Pips is a good goal.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 12, 2012well only took e/u a extra day to do what i was thinking ..

B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 12, 2012Well that e/u long did not do what i was thinking. i did babysit it till 5 am and closed with 5 pips , Not counting that for anything, The thought on e/u was that at open it would move up about 20 or 30 pips letting me move my stop up. But it ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 10, 2012Plus remember I am still doing this while working a full time 2nd shift job. Not the best circumstances. Not to far from the trading for a living again though. Couple more months of solid gains like this and happy days again . Even trading for a ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 10, 2012I was able last week to scrap out a 30% gain on my account with that last nice trade on OZ, I am not promoting any such weekly gains but they are a reality But I probably risk more than most would per trade. as i know i figure mine differently. But ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 10, 2012it has also been printing some higher lows and highs on daily so it looked like a decent risk to hold over weekend plus there was a bit of positive news about greece getting their bond swaps. Plus it was positive at close. We will see.
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 10, 2012I am holding a long from Friday and that is what I think LOL, and if it will make another higher high I will be very happy. $$$$
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 9, 2012Quote of the day.. It's not as if one could be bored enough, feel frustrated enough, or complain enough that their life would suddenly turn around. Doesn't work that way. Whatever anyone "is," they become more of. And anyone's is'ness is whatever ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 9, 2012Charts above are messed up the bottom should be top. Hope everyone has a great weekend .. New goal next week. Cheers Ken
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 8, 2012Just another thought on the above I look and normally find a stop of about 15 to 20 pips , This is what i am thinking about when I take a trade . That I can lose that much. it is also what i think about when i pick my trading per pip risk. I have ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 8, 2012A lot is said about risk reward, But you rarely if ever hear me say much at all about it. I like to see the min. 2to 1 drop out of a level. but a Planned risk reward doesn't alway7s workout. Normally i do look for my trade to go to the opposing ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 8, 2012The above trade a stop could have been moved to BE and you might get the break higher. At this pint in my trading I am still building equity to start trading for a living again very soon . So my main focus is a steady percent gain each week. I know ...
B.S. Trading with Kenneth Lee
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Kenneth Lee replied Mar 8, 2012Thursday scalp. I have posted all my trads this week except for one I took like 2 pips in the middle of that oz news candle went short and it started back up so bailed . I did not count that or show it because it wasn't S/D trading I now only need 9 ...
B.S. Trading with Kenneth Lee