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- jwpdad replied Mar 12, 2013
Exit @1.3038, -4 pips net. Exit was supposed to be at BE but I didn't catch it in time, after long drawdown price rebounded but was stuck in this range so went ahead and closed near breakeven.
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- jwpdad replied Mar 11, 2013
I went back and checked, I would have lost around 400 pips if I had held the trades until the TP target compared to my exits. Of course sometimes the trades would have hit the target, but on several others they would have lost and/or prevented other ...
jwpdad's Journal
- jwpdad replied Mar 11, 2013
I appreciate that, and I do reexamine things from time to time and will keep that in mind. But the exits aren't arbitrary or because I want to get out early, there is a specific set of circumstances that trigger these exits for me. All of the exits ...
jwpdad's Journal
- jwpdad replied Mar 11, 2013
Thanks, I intend to. Also, many thanks for the vouch, I am humbled and honored to gain the respect of someone like you who has been a great contributor here for a long time.
jwpdad's Journal
- jwpdad replied Mar 11, 2013
Thanks Geppy, I have read your thread many times, especially as I have made some trades on GBPJPY. Sometimes I have been wrong on my picks, but overall that pair has produced my best returns as of right now. There are a lot of things in Mark ...
jwpdad's Journal
- jwpdad replied Mar 11, 2013
Change SL to 15 and TP to 115 (from original entry), new signal in same direction.
jwpdad's Journal
- jwpdad replied Mar 9, 2013
I appreciate your thread and the discussion, Les Lau. I think people should not be so quick to dismiss your description of Karma and the role it plays in successful trading. Forex can be incredibly frustrating, it is very important to arrive at a ...
The 3 Elements of a Successful Trader
- jwpdad replied Mar 8, 2013
Thought I would post this as a thought for the weekend, from The Disciplined Trader by Mark Douglas. Objectivity is a big key in my opinion to finding success in the markets. While I respect the opinions of many established traders both on here and ...
jwpdad's Journal
- jwpdad replied Mar 7, 2013
Nice winner today, it had been somewhat of a tough start to March with some losses and also a couple of the winning trades were in drawdown for a long time and almost hit SL a few times before finally turning in my favor. It seemed like I couldn't ...
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