Bakulis Trading journal - Page 3
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Thread: Bakulis Trading journal

  1. #21
    Quote Originally Posted by ;
    Market now at 5828, I've moved the stoploss to BE, so now have a completely free trade. I don't have any TP target but will track this transaction if I reach 50 pips in profit.
    Well, that was a brief ride! Stoploss only got hit BE. I knew the stoploss was overly tight. Never mind, it was a punt after all. I'm still waiting for a bigger dip for my principal commerce. I wonder if I am going to see it today? Hmmm, allow me to get the wife's crystal ball outside ( no joke, so she does have one and she thinks she can see things in it!!! I wonder if she's still taking her pills! )

  2. #22
    Well, after my short got taken out for BE, I re-entered soon afterwards because I believed that there was a bias to the downside and that I had my tight stoploss too near the price action. So I made a decision to re-enter a short at 5830 and that which a ideal decision it was. It dropped soon afterwards and that I took part profit (1/3) in 5798. Decided to flip the entire scalp to some medium term commerce, so now using a 100 pips tsl for the rest of the position. This C-T trade isn't a part of my primary trading egy (well, not yet anyhow ) and comes under my pleasure trades.
    Market appears stuck between 5750 - 5800 (thereabouts) for the past couple of hours. Let us see what happens when Asia comes to perform!

    nb.
    The above mentioned trade was shot hours ago. I am not always going to post live trades because that isn't the intention of this journal. This journal isn't to prove my art at picking trades:surprised, my capacity to see in the future ( do not tell my broker that!) Or anything else other than to record my trading activities thoughts, at my own advantage, for my own monitoring.

  3. #23
    Quote Originally Posted by ;
    Well, following my short got taken out to BE, I re-entered soon afterwards because I felt that there was a bias to the downside and I had my tight stoploss too close to the price action. So I made a decision to re-enter a short at 5830 and what a ideal decision it was. It fell soon afterwards and I took part profit (1/3) in 5798. Decided to turn the entire scalp to some medium term commerce, so today using a 100 pips tsl for the remaining position. This C-T trade is not part of my main trading egy (well, not yet anyway) and comes under my own pleasure trades.
    Market seems stuck between 5750 - 5800 (thereabouts) to the past couple of hours. Let's see what happens when Asia comes to play!

    .
    Closed above commerce at different prices ranging from 5772 - 5784. Market was ranging and I believe it's too undecided at the moment. So again, When in doubt, get out! . Another profitable fun commerce. That is great! While I'm having fun, I get to create money! And I'm still waiting to buy in the dip at 5700 (when price eventually gets there).
    Well, I'm off to bed to dream about that sexy, beautiful 4 hr chart! LOL ! Goodnight all !

  4. #24
    Have decided that I am going to shut this diary. I believed it was a fantastic way of recording my trades at that time but I finally realise that keeping a private journal rather is more suitable for me.

    Joyful trading all!

  5. #25
    This section is to keep an current record of my transactions just as from the 12/04/08. My main account is going to be for my serious transactions based on trend trading (swing trading). The amusement account is going to be for my silly trades when I am feeling tired for set-ups for my main account.

    Please note that I use a spreadbetting broker for my transactions and the minimum bet is #1 per pip. As I trade in varying sizes, I would like to make it clear to recording functions, that every pip recorded will signify #1. Example - Should I exchange #5 per pip and created 10 pips, then the pips obtained will be listed as 50 pips (#5 x 10 pips = 50 ). I would like to create this clear now so I do not engage in any future disputes over how I am recording the results of my transactions. Please do not scrutinise what amounts I am trading and ask me about cash management problems etc.. This section is for my perusal. There are various threads here at theforexforum.co.zawhich will provide you the intricacies of good cash management. Ok, now I made a few things clear, let the journey begin! Hope it is not a painful one but one of pleasure! LOL!

    Main Account

    Winning Trades: 0

    Longest winning chain: 0

    Losing Trades: 0

    Longest losing sequence: 0

    Win / Loss: 0 / 0


    Pips Counter:



    Entertainment Account

    Winning Trades: 0

    Longest winning series: 0

    Losing Trades: 0

    Longest losing chain: 0

    Win / Loss: 0 / 0

    Pips counter: 0

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