Short GBP/USD on a break of the day's low.
Pending order: Short 1250 GBP/USD from 1.8482
Initial stop: 1.8524
Initial exposure: 42 pips, $5.25 or 11.26%
Current closed equity: $46.64
Current position: flat
Current exposure: 0
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This blog will chronicle my attempt to trade a very small account ($111.00) using the most aggressive position-sizing possible in order to grow equity as quickly as possible. I expect the ups and downs to be gut-wrenching. I DO NOT RECOMMEND THAT ANYONE TRADE THIS WAY!!
Coaster Safety Spiel:
Keep your pips inside the vehicle at all times... blah, blah, blah...
I will be mostly trading the majors against the US Dollar, but I reserve the right to trade any pair I damn well please. (Though I doubt I'll be doing much trading of the Mexican Peso against the Malaysian Ringgit.)
My system for trade signals will not be much of a system at all... mostly discretionary calls based on the hourly highs and lows. This is by no means to be used as some sort of signal service. I'll post updates as I take trading actions, but by the time I post something, the opportunity to act on it will likely have passed.
I also have no desire to make this blog some kind of major time-waster for me. I will manage any comments or communication in the way that requires the least time invested on my part... which means I'll mostly be ignoring them. Please don't take it personally. With all that said, here we go...
I will be mostly trading the majors against the US Dollar, but I reserve the right to trade any pair I damn well please. (Though I doubt I'll be doing much trading of the Mexican Peso against the Malaysian Ringgit.)
My system for trade signals will not be much of a system at all... mostly discretionary calls based on the hourly highs and lows. This is by no means to be used as some sort of signal service. I'll post updates as I take trading actions, but by the time I post something, the opportunity to act on it will likely have passed.
I also have no desire to make this blog some kind of major time-waster for me. I will manage any comments or communication in the way that requires the least time invested on my part... which means I'll mostly be ignoring them. Please don't take it personally. With all that said, here we go...
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2008
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September
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- Locked in more still
- Locked in more...
- Whoa!
- 50 more locked in
- Well, what do you know?
- Locked in 50
- Stop moved
- And there's the break
- A better spot...
- Next setup...
- And again...
- Trade triggered
- New setup
- No dice.
- Trade triggered
- Ugh
- Stop moved
- Trade triggered
- DIBS setup on EUR
- Stopped out.
- Trade triggered
- Next idea
- Trailing stop hit...
- And 44 more...
- And another 40...
- Make that 366...
- Yet more locked in...
- Whoa!
- Keeping on keeping on...
- Locked in some mo'
- Locked in more still
- Locking more in
- Took another one...
- Hmmph
- Here we go again...
- It's as good a place as any...
- That may be a record...
- Setting up once again...
- Same crap...
- Seen this movie before?
- Same trade taken
- Damn!
- Stop moved
- Trade triggered
- Next idea
- Trying again.
- So much for that idea
- Going for another idea
- Just a tough time...
- Trade triggered
- DIBS setup in GBP
- Better than usual.
- Putting it where I should have.
- Answer:
- Trade triggered
- Can't buy a break...
- Trade triggered
- Next setup...
- Stopped out.
- Trade triggered
- Cancelled pending order
- Switching pairs
- Next setup...
- Stopped out.
- Trade triggered
- Moved pending order
- Stopped out
- Suppose now's ok too
- Not great, but not bad...
- Stop moved
- Stop to breakeven
- Now what?
- There's no pain quite like it...
- Sitting tight
- Stop moved
- Let's try again...
- Just one more...
- Trade triggered
- New pending order
- Jacked once again.
- Order triggered
- Moved order
- Just can't catch a break...
- Stop moved
- Pending order
- Taking a different setup...
- Setting up for pain once again...
- What else is new?
- Stop moved to breakeven +1
- Taking the Long shot again
- Cancelled pending orders.
- Setting up long
- @@#^&*(#&#$!!!!!!
- Stop moved
- Short USD/JPY
- Canceled pending order
- A new week begins...
- Rocked again.
- Going for the Long shot again
- Trade closed for blowing chunks.
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September
(122)
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