I Need Your Help! It Will Take 10 Seconds and I Would Really Appreciate It - Click Here
 

Friday the 13th Trading and Why I’m Broadcasting From Waikiki Beach

friday-13th-trading

Last week Friday was Friday the 13th and some people consider that an unlucky day.  Does that mean I shouldn’t trade?  Of course not.  The only unlucky thing about Friday the 13th is that we had to put up with those horrible movies.

Although I traded on Friday the 13th, I didn’t get a chance [...]

Weekly Forex Trading Review 08/08/2009

I'm sure you have felt like this before

Well, this wasn’t a good week for me.  After coming off a great July, I tried to force trades and didn’t wait for good setups.  August is typically a more volatile month to begin with, which magnified the problem.

Here are the trades for this week:

[...]

July 2009 Week 5 Review

It was a good week, all winners and almost a 1% gain on the account balance.  I think I’m getting the hang of this thing.  If I pick good trades and play good defense while I’m in the trades, I know that I will at least trade at break even.  Now the key is to [...]

July 2009 Week 4 Review

A losing week but I ddin’t lose much on a dollar basis and I was actually positive in terms of pips per trade.  I can live with results like this.

Here are the trades:

http://www.tradingheroes.com/losing-trades/07192009-gbpjpy-trade (-54 pips) http://www.tradingheroes.com/winning-trades/07202009-gbpjpy-trade (+134 pips) http://www.tradingheroes.com/losing-trades/07232009-gbpjpy-trade-1 (-16 pips)

Grand total: +64 pips

Because of the lot sizes however, I was [...]

Weekly Forex Trading Review 07/18/2009

Concentrate Grasshopper

Woohoo, this was the best week in awhile!  Four trades and no losers, not too shabby.  Of course there is always room for improvement but I think this is a great starting point.  I need to be able to maximize winners and bring up the average profit on my winners.

Here are [...]

Weekly Forex Trading Review 07/10/2009

All losers this week.  It was frustrating because I could have been profitable if I had taken money off the table when I had a chance.  The first trade on the 9th had a good profit that I should have taken off the table.

My goal is to find one good trade a day.  I [...]

Weekly Forex Trading Review 06/30/2009

This was a short week with only three trading days.

I made two trades this week:

http://www.tradingheroes.com/winning-trades/06292009-gpbjpy-trade (+32 pips) http://www.tradingheroes.com/winning-trades/06292009-gbpjpy-trade-2 (+8 pips)

Total profit is +40 pips.  Not too many trades, but a good week.

Weekly Forex Review 06/26/2009

There was only one trade this week.  There were other trades that I almost executed but price didn’t get close enough to the levels I was looking for.

http://www.tradingheroes.com/winning-trades/06222009-gbpjpy-trade (+120 pips)

I still need to have more trades in a week, but I’m glad that I was profitable.  It was about a 0.5% gain on [...]

Weekly Forex Trading Review 06/12/2009

Here are the trades for this week:

http://www.tradingheroes.com/losing-trades/06082009-gbpjpy-trade (-36 pips) http://www.tradingheroes.com/winning-trades/sloppy-trading (-161 pips)

Grand total:  -197 pips.  How can I get better?  This is so frustrating.

Weekly Forex Trading Review 06/06/2009

Hello,

I’ve been slacking on the weekly trading reviews so I am determined to continue them and keep up.

Not a great trading week this week.  There were only two trades and I lost money overall.  Here were the trades:

http://www.tradingheroes.com/winning-trades/06022009-gbpjpy-trade (+38 pips) http://www.tradingheroes.com/losing-trades/06082009-gbpjpy-trade (-61 pips)

Grand Total: -23 pips for the week.

Again, I [...]