[brownsfan019]

Originally Posted by Mickey Caine »

Nice trade there BF. I see your entry and boy did you show some patience to hold through some pretty big pullbacks to get out at that price. My only trade on the Euro today was whislt you were holding that short. I went long, looked a good entry at the time, but stopped me out. Found the Euro quite choppy today. Still there is always tomorrow.

Also took a long entry on the YM, decided to reduce stop stop from 20 to 15. Great idea, price retaced 18 then went on to be a winner. Hopefully lesson learned.

Thanks Mickey. I'm trying to let my winners run more, so this was a good example. And I needed that win.

As for moving stops, I'll say that for me it constantly proves to be the wrong idea. I almost moved my trail on that 6E trade and had I done that, would have cut that profit in half. Personally, I've never found much good to come from moving my stops. I guess the argument there is that the stop is to stop you when you are wrong, not when you feel like 'protecting' your position.

That's what I've found at least. Others would say different. Good to consider multiple options though.

[Robert Joyce]

Ok, sim again today, 6-2 contract YM trades, 1 loser, 1 stopped at even and 4 winners for a phoney baloney profit of $430. I had to go out so I only traded in the morning session.

Bathrobe... nice numbers again today.... I was only trying to be helpful with my comments on the weekend, hope you understand....

[pimind]

Had a pretty good day today, still not happy with all my trades , but a lot better than yesterday still making stupid little mistakes that I should no better not to make by now. Want to work at taking more of my signals and try not to have an opinion on the market being 2 high or 2 low. It is messing with my trading.

Anyway traded 41 round trip lots today. + 380 after commissions.

[bathrobe]

Missed the move today.

No trades

[thalestrader]

Hi Folks,

I haven't kept up here on the p/l thread the last few days, but I've been trying to post most of my trades as they occur the best I can elsewhere on TL.

My nine year old daughter has decided she wants to learn to trade this summer, so she and I have been watching, of all things, currency charts at night. I'm opening up one of those microlot accounts for her funded with the princely, or should I say, princessly sum of $25 (yes, you heard right, a cool twenty-five and xx/00 dollars American). May as well start her in the bucket shops, just like Livermore!

Today's trades yielded +41 pennies/share traded on my stock trades, and +33ticks on the 6B.

Best Wishes,

Thales

[pimind]

you can get a microlot account at fxcm.com they fund it with $25.

[Robert Joyce]

Ok, still with the sim.... 15- 2 contract YM trades. 2 losers, 5 at or near even and 8 winners, for a phoney baloney profit of $505. or 51 real pts. A couple of them I removed my limit orders and let both contracts run for a bit.

[thalestrader]

Hi Folks,

Three trades today, +25, +14, +13 pennies respectively for +52 pennies on the day.

Today is the last day of school, and for the next few trading days, my daughter and I will be watching coin markets and learning the ropes of the fxcm microlot trading station (she is very excited).

We will also be visiting area ice cream stands, hamburger joints, a zoo, and an amusement park (I am very excited).

Let's call it a "working vacation."

At any rate, I will be concentrating on family, so I will not be trading, and I likely will not be posting much until next Monday or Tuesday, so I wish you all a great week and good luck.

Best Wishes,

Thales