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BAD

TRADE OF THE DAY 25-02-2016 + 14 EMOTIONAL TRADES ($24.21)I STARTED TRADING LONG IN THE USDCAD AFTER THE PRICE BROKE A SMALL CHANNEL OF 22 PIPS TO THE UPSIDE, WITH THIS SIGNAL I ENTERED BUT CATCHED A LOSS FOR THE DAY OF -50.77, THIS APPARENTLY WASN'T ENOUGH FOR METO TAKE A LOSS, SO I DID REVENGE TRADING TRUSTING ON MY "INTUITIVE SKILLS", WHAT I REALIZED AFTER 14 TRADES MORE IS THAT BESIDES THE FACT I ENDED THE DAY WITH A PROFIT,IEXPOSED MYSELF TO TOO MUCH RISK, WITH AN ABSOLUTE DRAWNDOWN FOR THE DAY OF $-107.28, WHICH GIVES ME A RISK/REWARD RATIO FOR THE DAY OF 1:0.22,AND A PROFIT PERCENTAGE OF 80% OF THE TRADES, WHICH GIVES ME AS RESULT: (0.22*80)-(1*0.20)=-0.02 EXPECTANCY. TRADING RESULTS: (-50.77-40.80-26.51+1.69+15.32+17.52+0.81+62.16+1.69+4.12+1.25+21.12+1.26+0.38+14.97) PROFIT/LOSS FOR THE DAY: $24.21
Long
by tommyjose92
TRADE OF THE DAY 24-02-2016 ($1.90) 3 BAD EMOTIONAL TRADESAFTER MAKING THE TRADE OF THE DAY, I FELT BAD AFTER FOUR LOSSES IN A ROW, WHICH IS NOT BAD AT ALL BECAUSE IS NORMAL IN MY SYSTEM, BESIDES THIS I DECIDED TAKING ANOTHER TRADE WHICH IS NOT IN MY SYSTEM, AND THIS MADE ME GAIN A SMALL WIN WHICH STARTED EMOTIONS ON MY THAT MADE ME OPEN TWO TRADES MORE IS ORDER TO AVOID LOSSES. BESIDES I ENDED ON A PROFIT FOR A SCRATCH THIS WAS A REALLY BAD PRACTICE AND I APOLOGIZE FOR BEING A BAD EXAMPLE TO ALL THE GOOD TRADERS OUT THERE WHO TRUST ON ME. PROFIT/LOSS FOR THE DAY: $1.90 GOD BLESS YOU ALL.
by tommyjose92
Bullish momentum as a consequence of weather conditionsJune brought an abundant wave of relentless storms, almost double the normal monthly rainfall, and a strong rally in grain prices. The wet conditions have spurred a long list of concerns for U.S. farmers and U.S. crop conditions substantially deteriorated in the final two weeks of June, according to the USDA. Nitrogen leaching and the lack of days available to spray post emergence crop protection chemicals are two of the major concerns affecting crop conditions. Weed, pest, and disease pressure may all increase as the growing season progresses due to the deadly combination of wet and cold weather after planting, followed by delayed spraying. Also, soybeans are known for an inverted correlation with the US dollar. Sources: www.investing.com www.investing.com www.whig.com www.signalfinancialgroup.com www.investing.com Commodities are less risky than forex and stocks, but beware of consequences if you trade on other's people ideas anyway.
CBOT:ZS1!Long
by Ice_