P3tr4's Blog

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TGISS!!

I have entered recovery trading mode. I am down by a lot, so it is time to smarten up..
Still on gbpusd, I have bullish bias, but upside could be severely limited..
If it sinks, I will sell..I am committed to market action only..
Happy trading folks and have a great week ahead.
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Weekend

It was DEFINITELY a good week, after spending the month of February mentally rehabilitating myself; i think i am on the road to success. If you have been following my blog, my contest account shrunk to about 40k, it was truly shocking. After trying my best to follow my strategy and go with my set trading rules, the account still took heavy hits.
This is my current account status..
Yes, i am happy and truly proud of myself. The account is up 66k, and it is not over yet..We still got two more trad…
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Recovery!

My contest account is currently at 35k, made 10k today. My short on the GBPJPY was quite good. 80 pips in the bank, should have been more if i was glued to my screen all day..
It also gave returns on my new live dukascopy account..
After taking my contest account to 25k, it is almost like my focus is sharpened, i am looking for only profitable trades. No more gambling for me!
Sure, i am going to take risks, but only those with a high chance of success. All my trades have to be at full margin, at…
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Still climbing higher!!

Hello people, i just checked the trader contest standing and saw myself at 38.
38th Place, from an account with barely 30k, i am now looking at about 180k balance.
Discipline and strategy really pays. I went long with the USD this morning, saw some USD strength and opened a couple of positions. Netted 40k in profit..
my target for the next 2days is 150k, so i have about 110k left. My aim is to win a cash prize..naturally. ...also working on my trading habits...learning discipline and a clear hea…
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Climbing up steadily

Hello folks, feeling very proud of myself. My 25k account is over a 100k... ...Yeah, i think i am getting a hang of this, discipline and timing..Still need to work on the timing part, closed my short GBPJPY too early, the GBPUSD was not going anywhere...Closing all and waiting for the FOMC effect, i am sure there will be something to trade tomorrow...below is my month's record, it has been rough..
It has been a great learning experience, still working on my 200k target for the week. Already abou…
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