Category Archives: Journal Entry

Money Management Strategy and My “Vegas [Trading] Account”

1) As I fine-tune my technical analysis, I will add risk capital to my Forex trading account (50:1 leverage) every other month to increased the number of lots and diversification within the Forex. 2) By Spring, I aim to open … Continue reading

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Journal Entry (9/3)- “In Success, Lies Seed of Your Future Failure”

I took a nap ahead of US Non-Farm Payroll release w/o setting an alarm. Despite weak stops shaking me out of CAD/JPY and NZD/USD shorts, I woke up late to see my trading acct. slightly jumped. This led me to … Continue reading

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Journal Entry (8/19)- This is How You Win!

I mostly journal (and comment) about my misbehaved trades. Why else but to… ? But today, I want to document a strategy I developed Friday, a mechanical currencies spread that works in volatile range bound markets. Firstly, I already identified … Continue reading

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Journal Entry (8/18)- Winning And Its Effect On Trading Psychology

In general, people are more emotional when they’re making or losing money. While the winner is complacent, the loser looks to make his/her money back. I have only recently discovered that $CAD/JPY has a 90%-plus correlation to #Crude #Oil.¬†Today, upon … Continue reading

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Journal Entry (8/18)- $AUD/USD and $EUR/USD Revisited

Both of my trades got stopped out overnight for 11% capital gains. I’m cultivating a mechanical response (system) to capture at least 80% of a trend. My entry on $EUR/USD was at a failed test of the lower sequence of … Continue reading

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Journal Entry: my trading notes (7/31 – 8/6)

Discipline is key. Habits can be broken. It’s almost like saying prayers throughout the day. 1. Trade with my eyes, not my head. Because I don’t have time to gather ¬†facts nor inside info on the many markets. 2. If … Continue reading

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Journal Entry (8/1/)- Manage My Emotions and Risk

Went long #Aussie as it came off session lows ahead of RBA’s rate decision. It took off. Set a stop loss slightly below break even n went to bed. However, the Aussie failed a resistance n backed off. I was … Continue reading

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