Demo Trading Day 5 (+17 pips)

Great execution today. I am proud of myself. All 4 were positive trades! All went exceptionally well except during the 2nd trade I accidentally double-clicked SELL. Because of this, I quickly got out at +1 pips before it had any chance of turning around and hurting me DOUBLE-TIME. Sadly, this made me lose out on about 10 pips.

Trades: +11, +1, +1, +4
Net: +17 pips



Days with good discipline: 4 (Goal is 30 straight)

Demo Trading Day 4 (+7 pips)

Got a bit greedy in my first 2 trades. Both were positive for a good 20 seconds, but I was reluctant to let them go.

Aside from that, the other trades were decent, although I missed a big move because I turned my head from the computer.

Trades: -2, -2, +4, +3, +1, +3
Net: +7 pips


Days with good discipline: 3 (Goal is 30 straight)

Demo Trading Day 3 (+20 pips)

Good executions today.

Trades: +12, +8
Net: +20 pips


Days with good discipline: 2 (Goal is 30 straight)

Demo Trading Day 2 (+16 pips)

Good executions today.

Trades: +3, -9, +22
Net: +16 pips


Days with good discipline: 1 (Goal is 30 straight)

Demo Trading Day 1

Day 1 was a complete failure. Frankfurt was horrible. I've decided to trade Euro lunch instead, 2a-3a. Discipline fell through the roof when I started losing.

1. Trading scared
2. Trading in volatile times
3. Over-traded
4. Reluctant to dump a bad trade

This is what opportunity looks like:

2:00a - 2:15a


3:35a - 4:00a

Starting fresh

Just got back from meeting LT in Toronto. The biggest take-away is of course the fact that I need discipline. I will now track the number of days that I follow my discipline to the 'T'. Breaking the discipline means I am not ready to trade.

Experimentation is

Also, things to do:
1. Ask if ADMD is FDIC insured
2. Ask if forex taxes need to be reported quarterly