Kevin Tan on October 26th, 2008

Highlight: Went in to trade early before the trend confirmed, went through huge draw down before make small profit with trailing stop. Bad trade.
Reason of entry: Impulse trading and trade along the H1 down trend for GBPJPY. Went in to short after EMA and Parabolic SAR indicators started to formed.
What do I learn?: Don’t enter [...]

Continue reading about My 6th Trade

Kevin Tan on October 25th, 2008

Highlight: My second loosing manual trade, repeating the same mistake as in my first trade, impulse buying with unfamiliar candle pattern trading strategies.
Reason of entry: Impulse trading with the thought that the pull-back or draw-down ended and will continue with the trend, entered after the candles fulfilled the Bearish Three Black Crows and hit stop [...]

Continue reading about My 4th Trade