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Sloppy Trading

Written by Hugh, on June 10th, 2009

This is ridiculous.

I don’t have any records of these trade except on my account statement.

  1. Short 1 (200 units) GBPJPY @ 5795
    Stop @ 5875 (-80 pips)

    Short 1 (200 units) @ 5744
    Stop @ 5825 (-81 pips)

    Being that there were two identical positions, this was probably a TriScreen Trade.  Both stops were hit for losses of -80 and -81 pips for a total loss of -161 pips.

  2. Short 1 (100 units) GBPJPY @ 6067
    Stop @ 6130 (-63 pips)

    Trade was closed at 6046 for a +21 pip profit.

  3. Long 1 (200 units) GBPJPY @ 6083
    Stop @ 6062 (-21 pips)

    Trade was stopped out for a -21 pip loss.

The grand total is a -161 pip loss.

This is unacceptable.  All of my trades must be logged and screen prints must be made before and after each trade.




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  5. 05/29/2009 GBPJPY Trade



Category: My Trading   Tags:

This post was written by . His goal is to become a professional trader.