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FX - The Wild Wild West

Daytrader21 Publicado 2 May  en #Trader's blog #Forex #GBP/AUD #EUR/AUD #Timing #Margin Call #UK Pmi
So, a new month has started and like a good champ I'm , I start to make plans and tell myself I'm going to take only the setups that fits my criteria. So far so good until I see a trade on GBP/AUD (see Figure 1)and I see a nice short opportunity, everything was pointing for a down move and I decide to short it.
What do you thing happens the first moment after my order got triggered? Yes you're right the market starts moving against me . But it's not moving slow and steady but instead it's postin…
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Puesto que usted no está conectado, no sabemos su idioma, pero suponemos que es inglés
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Alexthebest avatar
Alexthebest 2 May

: ........."WTF!!!! it's like the market knew all the time where my order was, but does she knew I was playing with virtual money LOL?"  :))))  com on give up: you have trade the same pos. in real too, I don´t tell to nobody I promise, if you said to me, right after that I order the funerary :))))))))))  -  a Little  joke :)) nu? :))))))))))))))))))))

Daytrader21 avatar
Daytrader21 2 May

Alexthebest LOL.......... I have no problem whatsoever to admit that I either took(or dint' took)that trade in my live account, but the truth is that I didn't. Actually there where many time when I came out in my blog and spoke about the losses I took in my life account, but this time it was not the case. However what happens in my live account is none of your business:)

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Game Over

Daytrader21 Publicado 9 May  en #Trader's blog #EUR/JPY #Contest #Mario Draghi #Knock Out #Margin Call
Once again I got knocked out at an earlier stage of the contest and my chances to recover are zero , I guess I'll have to live to fight another month for a top rank in the contest. I got a margin call after my long EUR/JPY position went against me. Although initially it went in my favor but my target was missed by 15 pips.
Everything happened just too fast and it seems that Mario Draghi's comments and his willingness to change monetary policy as soon as Jun has put a lot of pressure on eruo. I k…
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Puesto que usted no está conectado, no sabemos su idioma, pero suponemos que es inglés
Por favor, ingrese o elija otro idioma para traducir la lista.

– o –

5 Comentarios
Stix avatar
Stix 9 May

I had a look... You can do it, if you put your mind to it. If I suggest one thing, it would be to concentrate on one currency pair till you are at least partially back up. Whatever you decide... Best of luck.

Daytrader21 avatar
Daytrader21 9 May

Stix Even though I can still recover from this DD I'll have to put too much time and effort into this, I'l better try my luck next month and right now keep my focus on my live account.

Stix avatar
Stix 9 May

Valid point. Myself, I am still my own enemy and think it will take another two weeks. So, likely, I will see you there. Have an awesome month !

cocciolla avatar
cocciolla 9 May

OTHERWISE THE POSSIBILITIES ARE ALWAYS THERE, IT IS NOT TRUE THAT ARE EQUAL TO 0

Omela avatar
Omela 14 May

Good luck to you! ))

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Game Over

Daytrader21 Publicado 3 Ene  en #Trader's blog #GBP/AUD #Margin Call #Revenge Trading #Internet Connection
Yesterday was the first trading day for the new Contest and unfortunately I was stopped out on my long GBP/AUD position, but what's even worst is that I got a margin call. There were several events that lead to this catastrophic result and mainly was due to the fact that I lost my internet connection right after the New York session come in and it was at the moment when the market started moving against me, and I was unable to mange my position and even to watch what the market is doing.
I don't…
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Puesto que usted no está conectado, no sabemos su idioma, pero suponemos que es inglés
Por favor, ingrese o elija otro idioma para traducir la lista.

– o –

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seediee avatar
seediee 4 Ene

omg, sad to hear that. :( but I'm sure you will recover soon from your loss. You're a smart guy! :) Don't give up! Jump! :D

Daytrader21 avatar
Daytrader21 4 Ene

Thank you guys for your support. I do think that I may try at least to bring my account back to BE if I have enough time

Neu_spir8 avatar
Neu_spir8 6 Ene

Take a break and come back fresh.

alifari avatar
alifari 8 Ene

Always look forward to your posts, all the best in live trading this month.

Daytrader21 avatar
Daytrader21 8 Ene

Thanks Alifari, wish you all the best

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