September 2010. results

-45 pips

-10%

-76 pips

Real bad. Got spike up against me and I moved stop and lost 25 instead of 13. When it started to go down I reshorted but it reversed and I lost 10 more. Then I went long and it started to go down basically all the way and I didn't close it. I averaged with small amount that I had left and didn't took the chance to exit at b/e for last trades but 20 pips lower. That exit didn't get me anything, to late to think about scalping. Then I just chopped myself because I was desperate for a move and market was just jumping around. I made all the worst choices that I could.


+40 pips

I'm very pleased today. Nice profit and many, many trades. Good that I was able to scalp and not get tired or emotional when volatility presented nice opportunities for trades.

Only on one occasion I moved away from scalping mode. Fortunately it went in my direction, but at the time (11:35) I had half size trade in gbp/usd and full size in eur/usd. I risked basically all that I gathered until then, around 15 pips, maybe even more. It took 15 minutes to show profit. I expected that gbp/usd will explode to the upside, but eur/usd did. Even thou it was my biggest profit it wasn't scalping and was wrong to do it. I had opinion about gbp, high probability one, but trading by opinions is different then scalping because I don't know where to exit in a loss or I don't want to.

On a positive side I like how I switched from short mode to long in eur/usd when market reversed direction of pressure.




+ 27 pips

In the middle of my first set of trades after the news Oanda crashed but was back in a few seconds. After my last trade with full size and another nice win I started to feel strong emotions of joy and then I knew that I can't trade any more.

+6 pips

Didn't trade very well for this kind of market. It was basically range market with down slope. I was trading like it's break out. For this entries need to be at extreme points opposite of the immediate trend. I like only first and second trade. Yet I was only thinking about scalping and that is good.