Quitting while ahead

Nasty little losses made negative whole session until the last trade. At first I was very close to throwing down the towel after -25 pips in five pip range. I was afraid that emotions will kick in. After next winning trade things were easier but not too easy.

+10 pips

Sneaky and weak market

This kind of market can drive break out trade mad. All there is are false starts of a move.

+5 pips

Corrective move

It took me long time to realize that I can make something on the down side. It started slow as were up side probes so I didn't believe it's potential at first and then it's hard to enter thinking it could stop any moment. It did get some real momentum on the bursts to the down side so I was able to take scalps.

+20 pips

Trading for the buzz

At first too many trades for the buzz and not for profit. I started late and then didn't have proper setups so I imagined things. After twenty plus pips loss I made it all back plus 15 or so pips of profit with that gbp/usd trade around 11:00. Then I made mistake of continuing to trade. It went pretty much downhill. I finished the day with forty pips loss or so. I had to go to work. There I opened charts to capture screens for blog and started trading again. At least I was concentrated. Too bad I had to close last long at the trendline around 15:50 because I had to move from screen. But move up started and scalping brought positive day.

+3 pips

Scared of profit

After my first trade I got scared of profit. So I entered some garbage shorts into strong uptrend. After that I came back to zone and managed to take few great trades. Finally after 10:50 high I started over-trading. Addicted to good emotion that I had previously while I was in profitable trades. At 11:35 things changed, price started to move differently. Somehow my last trade wasn't stopped and finally price flew to new high taking my intraday profit back to the highest point.
Movements of price in first part were very nice and friendly so I could enter with ease.

+36 pips

Healthy profit

Ugly market movements on small time frames last few days. Today also. On my first trade 2-3 pips slippage and fast stop loss. I held my second trade even it didn't look so bright at the start. I thought that at least I have a trade with good entry and it's questionable will I get another opportunity to get in at reasonable chart point. It could go south any moment. Then forty pips in minute move came (there is no entry for that except some limit order). Now I had to decide where to exit. It's hard when at one moment there is fifty pips profit and seconds later it's thirty five. On next push weekend gap down was filled around 385 but it wasn't so strong to go through round figure so I took my profits before market change it's mind.

+51 pips

September 2011. results

+40 pips

+1%

(size varied a lot so only small percentage up relative to pip gain)

Break even month in which on second day my account was at -50 % intraday and followed +100 % move in next four trading days.