Too many entries in too narrow space.
Later some exits were made to reduce risk exposure. The rest was hedged, but stop-loss could be moved to break-even or better.
Results of overtrading: A lot of effort for a little reward. Well, at least my broker can be happy with earned commissions.
Eur/jpy
Wednesday, June 30
Tuesday, June 29
EUR/GBP , EUR/USD , GBP/USD
Trading too many currency pairs at the same time.
Result: Not fully focused, arbitrary exits.
Eur/gbp
First trade was ok (down trend continuation from yesteday). Exits? Before target.
Eur/usd
Late entry, early exit
Gbp/usd
Overall good results.
Result: Not fully focused, arbitrary exits.
Eur/gbp
First trade was ok (down trend continuation from yesteday). Exits? Before target.
Eur/usd
Late entry, early exit
Gbp/usd
Overall good results.
Oznake:
stop-loss forex
Monday, June 28
EUR/JPY Morning Range
First entry was too quick.
At grey rectangles wasn't really sure where we are going, so decision was "stand aside". Later on I took another four very quick trades and closed them with +3, -2, +5, +7 pips.
At grey rectangles wasn't really sure where we are going, so decision was "stand aside". Later on I took another four very quick trades and closed them with +3, -2, +5, +7 pips.
Oznake:
stop-loss forex
Friday, June 25
GBP/USD
Some nice and safe scalping entries offered by London session. I was not focused this morning so I finished with just one trade. Still happy with that.
Oznake:
stop-loss forex
Monday, June 21
Thursday, June 17
GBP/USD
Not so smart: Trading against clear direction (wider range).
Smarter: Stop-losses moved closer, being stopped out, Entries "go with the flow".
.
Smarter: Stop-losses moved closer, being stopped out, Entries "go with the flow".
.
Oznake:
stop-loss forex
Tuesday, June 15
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