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- Mr J replied May 17, 2010
I didn't mean it literally. Really, I don't care whether it had done that or hovered next to my stop, the result is the same. I say a lot I don't mean to be taken seriously, I'm about as relaxed and patient as it gets. Some would say too relaxed
. ...EURUSD
- Mr J replied May 17, 2010
Similar trade, I'm looking about 2260. Looks like it is going the other way. Hate trades like that, sitting in marginal profit the majority of the time.
EURUSD
- Mr J replied May 17, 2010
I'm in here as well, but I'm not that confident. I would've liked a stronger initial reaction. We'll see.
EURUSD
- Mr J replied May 17, 2010
Getting in before breakout, being anal about price, or closing the 2316 trade and waiting for a retrace and better price? All work for me. Requiring a good price is one of my core trading rules, and it keeps my ship watertight. Much easier to trade ...
EURUSD
- Mr J replied May 17, 2010
It's very uncharacteristic of me, and took unusual circumstances. It's not something that will happen again, at least not for multiple trades (mistakes will be made, occasionally).
EURUSD
- Mr J replied May 17, 2010
I'm not a breakout trader, I like to get in before a potential breakout. My 2316 short was intended to do that but I closed it on the support of 2260. I'll re-enter at a better price. I'm very anal on getting a great price, so breakout trading ...
EURUSD
- Mr J replied May 17, 2010
I shorted around there a number of times today, going completely against logic and my own strategy
. Looking back I have no idea what I was thinking - well I do, I wanted to catch the breakout, but completely stupid. History support this ...EURUSD
- Mr J replied May 17, 2010
Smallest bite at 2316 in case this develops into a pivot. Fire and forget.
EURUSD
- Mr J replied May 17, 2010
It's fine if he has a high enough winrate. He'd need a little less than 60% to breakeven, so 65% is okay, and 70%+ is making plenty.
EURUSD
- Mr J replied May 17, 2010
I know. Stupid trading and I know better. I'm down a few percent today, despite price still being below my initial shorts. I've been overly cautious the last couple of weeks, and today I overcompensated by trying to build a large position too ...
EURUSD
- Mr J replied May 17, 2010
I've overtraded today. Killed my profit trying to set up a large position.
EURUSD
- Mr J replied May 17, 2010
I never said it couldn't, I said that it it may not. Hope this one runs...
EURUSD
- Mr J replied May 17, 2010
Selling a bottom with small risk is sure as hell better than longing through a collapse and letting it move 300 against. Never heard of the expression "run with the herd"? There are certainly many times to oppose, but 2585 wasn't one of them.
EURUSD
- Mr J replied May 16, 2010
I've been in and out, but averaged out in the low 70s. No longer shorting at 2300, will wait for price action. Will short at 2330-2360, and possibly earlier depending on the action. Will also short on a heavy drop.
EURUSD