Last night's trade was successful. Done trading for the week. week 1 - 3 wins (+1.98%) week 2 - 2 wins, 2 losses (-.5%) week 3 - 2 wins, 1 loss (+2.19%)

khernandez

Plan: Stop trading for the week when total gain is 2% (or total loss is 2%) Increase position size by .25 at end of successful month to a max position size of 2.5 Keep track of weekly progress: week 1 - 3 wins (+1.98%) week 2 - 2 wins, 2 losses ...

khernandez

2nd trade yesterday reversed for a small loss, 3rd was successful.

khernandez

last week's final trade on Fri was a winner - so +2 and -2, and an overall gain of about .5% on the week. will be more careful placing trades this week.

khernandez

really disappointed with yesterday's 2 trades. both should have been winners but both hit SL due to poor execution on my part. on the other hand, it is further confirmation that my new methodology is working...

khernandez

This morning's trade was badly executed - SL was set wrong, would have been successful otherwise. 3rd trade this evening also badly executed, TP set wrong, should have been successful. Still might be, at this point trade is still active.

khernandez

2nd trade, hit SL

khernandez

Week 2, 1st trade executed successfully this morning. Waiting for another set-up.

khernandez

1st week: 3 trades, 3 wins + 1.98%

khernandez

Erg what a disaster. New plan: 15-minute charts, 50 EMA goal is 1-2% per week

khernandez

Ok seriously asleep at the wheel the past 2 weeks and I can only blame other disturbing events in my life from drawing my attention away. I need to watch my EMAs and trendlines a lot more closely than I have been.

khernandez

Have had to be very patient thru nasty drawdown but hopefully the worst is about over. Looking for trends to resume this week.

khernandez

Monday morning: Bad reporting last week but not much happened. Downtrend resumed over the weekend, retrace today. Currently 7 open trades, -7.24% U P/L, 8.13 margin percent +3% MTD

khernandez

May 30 month-end update: Actually lost 10% this month, with the ups and downs.... Still up over 40% for the year but definitely disappointed with the last 2 weeks.... once the trend resumes, I think things will be really good. And no doubt that the ...

khernandez

Thurs morning (what happened yesterday, did I forget?) Retrace continuing, many SLs executed. Confident once the downtrend returns, I will make up all losses. Currently 4 open trades, -2.47% U P/L, 14.84 margin percent

khernandez

Tuesday morning - more yay. Trending again in proper direction. Have abandoned USD/JPY for now since it does not seem to be trending. 98% of loss regained Currently 9 open trades, -.6% U P/L, margin percent 7.85

khernandez

Monday morning - yay, the markets are finally turning back in my direction. Several TPs and SLs overnight - net is 83% of loss regained Currently 10 trades open, -8.7% U P/L, margin percent 5.98

khernandez

Sunday evening - retrace still in force. Hit several SLs on Friday (yes I did finally start using them) balance down to 81% of loss regained currently 6 open trades, - 13.69% U P/L, margin percent 9.56

khernandez

Thurs night: Bit of a retrace today and my EUR shorts are suffering. I really SHOULD put into place the SL that I keep thinking about... 2 TPs today, 97% of loss made up. New highs tomorrow or next week? Intend to play a little more conservatively ...

khernandez

Thurs morning: 6 TPs overnight, 93% of loss made up Currently 6 open trades, -5.5% U P/L, 10.08 margin percent

khernandez