Wednesday, February 28, 2007

TRADE - Here's the dealio...

So now I am trading 5K of my of my brother's/mother's money. Well $4985 but we'll call it 5K for simplicity's sake.

So here is how I will do things.

Aggressive Account :
Originally : $1000
P/L : $0
Account Balance : $1000

Normal Account :
Originally : $1000
P/L : +$766.49
Account Balance : $1766.49

Brother's/Mother's Account :
Orginally : $5000
P/L : $0
Account Balance : $5000

So that is how I will do things, seperate them. Stay tuned, there are two trades tonight. Or I guess this morning. So hopefully I make some money on them.

Tuesday, February 27, 2007

TRADE - LOSS

Well today I fucked up... The autoclick didn't click me in for reasons I don't feel like explaining. Basically a safety feature..

Well I manually clicked myself in because the numbers did come out fairly strong afterall.. I pretty much clicked myself in at the top of the spike and only lost money from there.. So I lost $126. Oh well. A 21 pip loss. Not a huge deal IMO, and it WAS human error, I'd rather fuck up/learn on my own than have an actual mechanical error that needs a lot of reasessing... I was trading 6 minis..

On a side not, I split up my account into two.

One account now has $1766.49 (this is the account I took the loss in, luckily), and the other has $1000

The $1766.49 account I will be trading just as normal, probablly 6 minis instead of 5 now though. The $1000 account I will be trading excessively and leveraging the fuck out of myself. I will be trading 20 mini's, or 2 Standard Lots on this account. My hope is to on average double my account, or come close, per trade with the $1000 account. We will see how that goes, expect some news in the future. I will also be trading some of my family's money soon too, so I will keep a little log on that as well.. I will be trading the money the most conservative of all. So we'll basically have 3 extremes once that is underway. One conservative account, one moderate, and one over leveraged.

Have a nice day.

Thursday, February 15, 2007

TRADE - A nice streak..

It's been a good time trading with this new broker. They always seem to get me into the really big movers with no problem, and then the little movers/ones that reverse quickly they give me reqoutes/potentially save me.

So I made $255 today.. I closed out 3 out of 5 mini's for a $105 gain, and then closed out the other 2 minis for a $150 gain..

My account balance is now at $2892.49

Tuesday, February 13, 2007

TRADE - Another gooder :)

I was only trading 3 mini's this time, half of normal because that is what was suggested simply because there were multiple news releases that could have affected the market. Fortunatly they all came out with a short bias and I made 41 pips for a profit of $153.00..

Account balance now at : $2637.49.

Friday, February 09, 2007

TRADE - Made a little dough..

It was a CAD trade.. I got in at 1.1835, tried closing out half my position, but it wasn't working so I just took all profit at 1.1811. It went down some more, I could have made probablly 11 more pips or so if I max'd the trade out, but I'd rather take profit early, then take profit late. It usually ends up that you loose more than you make if you wait to take profit so I like to take it rather than sitting around waiting for it to come back on me.

I was trading 6 mini lots.. So I made $112.92.

My account balance is now at $2484.49.

I need to start trading with more money somehow because this isn't really paying for itself yet haha. The software I use costs me $300 a month, and after this trade that's about $600 + a bit. For 3 months. So I guess if I make another $300 this month it will cover itself, but we shall see. Wish me luck.

Thursday, February 01, 2007

TRADE - Kind of a shitty day..

The first trade didn't hit our triggers, so no trade. The second trade did hit the triggers and unfortunatly I got a reqoute, excepted it and the market went against me after that. So I took my first loss news trading, loosing 8 pips.

Shitty part is I was trading 7 mini's, so I lost $56, oh well. First loss trading the news, gotta take one sometime.

So my account is now at $2362.57

Tomorrow is the big non-farm, so hopefully I can make my money back with that hah!.. Shitty day, oh well. Wasn't a big loss. Kind of shitty that all of my wins havn't been that big. But hopefully non-farm will be a decent one.