No Rules - High Risk Capital Building from £3k

episteme said:
I could get out now and take the loss and still have £3k - or I could at least cut my exposure - but where is the fun in that?

hope you enjoy the suspense.
Click to expand...

Well i'm flat after being heavily offside shorting euro for the last few days so i'm rooting for you. Good luck with it (y)

No idea how you sleep, 1k @ £40/pt is only 25 pts and that can happen overnight, it's worth more than sleep.
 
Masquerade said:
Well i'm flat after being heavily offside shorting euro for the last few days so i'm rooting for you. Good luck with it (y)

No idea how you sleep, 1k @ £40/pt is only 25 pts and that can happen overnight, it's worth more than sleep.
Click to expand...

Well I have woken up early - but I slept well enough. Anyway - I find myself exactly where I left it. For some reason though I'm a little more optimistic it will pull back for me.

I must admit £40pp is too much for this account size - especially on EURUSD - so I need to be a little less reckless if I get out alive.
 
no I didn't take it - decided to hold on for a bit more! I'm down ever so slightly - but have meetings again all morning so need to decide what to do asap.

I also resent the insinuation that my trading approach has any room for luck in it's outcomes.:cheesy:
 
Last edited:
as I'm not going to be able to watch it shortly a profit of £330 was a bit too tempting.

Account Balance £4414.68

I also think I will take my initial £1500 out - then this account is all profit and blowing it won't really matter.
 
I am clearly going to have to watch the football in a pub later so repeat after me


no trading when blind drunk, no trading when blind drunk, no trading when blind drunk ...
 
You are joking - I don't like gambling(seriously actually - wouldn't bet on sport!).

I have pulled out the intial £1.5k so got nothing to lose on this account now.

A slightly more sensible £10pp long on EURUSD @ 1.2267. Back into meetings, and then the pub so holding this until the morning probably and see where we are then.
 
I hate sports betting because I always seem to lose. But I might start getting into this sports trading after hearing about it and checking some things out. I play poker too, but I hate casinos. Apart from that i'll bet on anything where I think there's an edge.

You do still have something to lose ;) How much do you charge for mentoring?
 
How rubbish is this - bloody meetings didn't finish so was caught and not able to go to the pub. Plus I'm down £300.

Anyway I'll average down and so i'm long EURUSD £20pp at average 1.2248.I'm out tonight so will probably put a limit at 1.2258.

Got out a bit early for £100 profit.

Acoount profit - £3004
 
Last edited:
episteme said:
How rubbish is this - bloody meetings didn't finish so was caught and not able to go to the pub. Plus I'm down £300.

Anyway I'll average down and so i'm long EURUSD £20pp at average 1.2248.I'm out tonight so will probably put a limit at 1.2258.

Got out a bit early for £100 profit.

Acoount profit - £3004
Click to expand...

Looks like you averaged out on that one. Good trade.....
 
yes - if only I could have held on a bit longer. Am editing posts a bit rather than adding a new post for exits sometimes.

Anyway - just got back in so put a cheekly £10pp sell on EURUSD @ 1.2310 - target 1.2300 hopefully wake up with another £100 - it all counts.
 
You must log in or register to reply here.

Similar threads

F
risk management 1 % - but....
Replies
6
Views
1K
GeekyForex
GeekyForex
Scotty2Cues
High % Risk and Compunding
2
Replies
26
Views
4K
traderman1
T
VingTsunKuen
Mine risk/money management rules
Replies
18
Views
4K
VingTsunKuen
VingTsunKuen
K
Risking how much Capital?
Replies
10
Views
3K
king156
K
B
risk reward and targets
Replies
18
Views
5K
Giovan
G
Top