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The Laws


1. Constantly use a mental stop loss. Should you walk away from the trade place a stop loss.
2. Never trade to get revenge on the market. Never enter a trade simply...

Just wanted to say thank you to everyone who has watched my own diary. It's been a blessing to have soo many people watching, sending me private messages, e-mails, and instant messages. I'm glad...

Both transactions are closed for a couple of days now, just never had the time to have the ability to post on this. I decided to shut both positions at rest even after interest. The main reason I...

Overall the week went well considering that the terms of a choppy market and unable to find any decent trades to adhere to. Unfortunately I have two open trades which are currently in the red. ...

I didn't take a trade during the news, mainly because I wanted to observe that the markets response. Following the news I decided to un-hedge my commerce. This trade may take time to shut so I will...

No transactions, hedge still open.

I got in good standing off the news (Consumer Confidence) for a British Pound trade. I was going to make this a Grab and Go since I had a hedge position, but the commerce kept going in my favor...

Last night open pairs transferred a couple of pips and then return to where we started. Closed among those trades which has been hedged and made a few pips. My goal this week was to attempt to...

I made two trades, one during the Asian semester and one during the US session. The market has not moved much since Sunday open. I've got two trades hoping for a good run during the trading week. ...

This week has been my next week trading this account, but my first full week of trading. Although the results may look good there are a couple things I have to consider. One being Money Management....

After much attention to the general intention of this account I decided to add two more of my trades I have been using for a few years. The very same rules apply to trade 4 but not number #3. If...

Hi Liz,

I was hoping to include more updates in my position sizing, but was far to busy this weekend. I had to stand at a wedding, and then go to St. Louis because my friend just had a baby and...

Well looks as though I had a little time to make a trade. I was very upset now because IBFX's sever was down. I really could of easily made a fantastic trade now but the host was down for four...

During the Asian semester I was able to find a Euro pair at a fantastic price. I took the transaction, but made out to early. Easily could of created over 100 to 200 pips. Instead I only made a...

Throughout the US Market and a bit afterwards I opened two trades one to get a buy, yet another to get a market. I dropped a few pips on the buy, if I was a bit more patient I'd of been at the...

Throughout the Asian semester I was able to close all my transactions. I didn't anticipate these transactions to close so early. I was kind of hoping that the transactions would require a few days,...

Closed the open commerce around the Euro in order to get a better discount. Produced a few pips before I closed it. I have two GBP orders for Frequent Flyers and I am adding another one because I...

Throughout the Asian session I actually didn't see much for me to trigger a transaction. I got in a small commerce but got out early since there wasn't any actual direction for the British Pound. ...

Hi eagle47,

I wish I had an EA or a 100% mechanical system created for the way I trade. If this was possible life would be much easier. I've tried over and over to look for the perfect system...

I opted to shut the open position because I am not sure what is going to occur during the US market open, and do not wish to take any opportunities right now.

Trade # 008-06-SAVA-010
...

I shorted one of my very favorite but dangerous pairs during the London Market, also must make a few pips off of it. I still have a trade open looking to either shut it sometime during the US Market...

Closed all hedges.

Trade # 008-06-SAVA-008
Currency Traded - EUR
Impact = 86 pips

Balance - $675.77 USD

At Sunday's open I took a trade on a market position to make the most of the gap on the euro currency. After this was closed I opened up another position to get a buy after viewing the price did not...

Thank you for the kind remarks, I hope the winning egy you are implementing this forthcoming Monday works great for you.

I was unable to ch any good trades throughout the US Market on Friday. I traded the USD for several pips going back and fourth in the range.


Trade # 008-06-SAVA-004
Currency Traded - USD...