Filthy Rich for Dirt Cheap - Ajaymein

[ajaymein]

sick day


_____________________

45%

i need to step my game up

i think i made around 22ish% scalping this AM.

not exactly sure, i try not to look at it till i am done for the day, planning on trading the afternoon if we have some good PA



what % does 10 pips mean to you as far as risk goes?

I honestly don't look at how much % I am risking...just have a MAX stop of 20 no matter what for all trades. I just enter the maximum possible lot size my broker will let me place.

[ajaymein]

It must be a bitch having only one free hand since the other one has to always hold up such big balls!

Watch this next trade...then you are going to think I'm a pyscho...and I may be...

[es/pip]

[ajaymein]

My entry was on a lower time frame...

[ajaymein]

Still in this trade...I could get out with a few pips or BE but I am looking for a lot more on this trade...and I don't want to spank myself if it rockets my way like I am expecting, so I will just go ahead and accept this as a LOSS in any case it hits my SL.

[adaseb]

That's the beauty of Forex, you can make a lot of money with a small account.

But trading $8/pip on a $2K account, damn!

[ajaymein]

That's the beauty of Forex, you can make a lot of money with a small account.

But trading $8/pip on a $2K account, damn!

Seems crazy, but my account isn't anywhere near my risk capital so it may be not so crazy.

Honestly, I HATE trading anything below 1 lot size...for some reason, it puts me on tilt.

[ajaymein]

SL at break even now

[ajaymein]

SL at +3 now...if its going up, its going up. If not, its going down at this point.

[Jalarupa]

ajaymein & ES - you guys got me so amped that I took these two at Max leverage... No DD LUCKILY!

But yeah maybe I should treat myself once in a while to a little loco'ness...