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06/16/2009 GBPJPY Trade

June 16th, 2009 / Comments are closed

If you remember in the last trade, I set a limit sell to take off 500 units of the 600 unit trade.  Well I forgot to cancel the trade!!

So the sell limit kicked in with no stop loss.  This could have been a disaster.

Short 1 (500 units) @ 5875 No Stop No Target

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Sloppy Trading

June 10th, 2009 / Comments are closed

This is ridiculous.

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

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 [...]

Beware of the Devil Inside You

January 22nd, 2009 / 4 comments - (Comments are closed)

Being bad always looks so good…in the beginning!

Yesterday I did something that I haven’t done in a long, long, time…execute impulsive and irrational trades.

For the last few months, I wouldn’t say that I’ve done anything really dumb.  I haven’t traded fantastic, but the ill advised trades that I did take were within [...]