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The Adventures of a Greedy Stupid Novice Trader 02/02/2017

Norry Posted 2 Feb.  in #Trader of the year #Trader Contest
So...
I screwed up...
I really have something with the USD/ZAR...it makes or breaks me...
Yesterday I looked at that pair and I tought...hmmm...let me bite you.
Boi what was I wrong!
I'm worse then a donkey (lol)
I will not rectify why I did that, its simpple..
It was greed! fast profits!
I did not stick to my plan 100%
I opened USD/ZAR 5mil. That loss brought my account down about 20%.
I closed it manually because it made no sense.
Why let money sit idle, waiting (hoping) for a better result?
W…
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The adventures of a Greedy Stupid Novice Trader 30.01.2017

Norry Posted 30 Jan.  in #Trader Contest #Daily Stock Option Contest
If I only opened that one last sell on GBP/USD when it was around 1.265... I would be laughing now...
My gut told me to do it but my head told me no! Stick to the plan!
Oh Well...
The next round starts in about 32 hours (9pm my time).
My plan for the comming contest month mostly depends on the FEDS Monetary Policy meeting february 01st
and the NFP friday. At a hawkish tone i'll be looking for good entries to do the following:
- USD/JPY long - target @116
- EUR/USD short - target @1.05
I'm still …
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That moment...

Norry Posted 1 Apr.  in #Trader's blog #Trader Contest
That moment...
That moment when you can't decide either to close the trade at a "small" profit or wait to see if your TP will hit that is only 10 pips away...
That moment when the market turns against you and you just want to hit something...
That moment...
The first day of the new month, going for a spot in the top 30 and GREED got the better of me..AGAIN! The account was up by 10%, but noooo... I just wasn't satisfied....now i'm down by 20%.
I really tought the positive new from the US would h…
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