Triton off a couple more percent

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By admin • Jun 4th, 2008 • Category: Devrim, Swanson, Triton

See the end of the post for Triton commentary, he’s not worried and says this drawdown is normal. I don’t like it but who does.

Devrim trading around making money on the EUR and losing on the AUD.

MWC off 2% or so on the month so far.

HVB up a percent today.
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Another frustrating day of stop start movements and so far it looks like the
movements are on hold until some of the major news items for the start of
the month are out of the way. The funny thing about market moves is that we
don’t know until the day is done what the day will really be like.

I prefer to trade through these rough patches with my strategy as it allows
me to remain consistent with my application rather than to try and pick and
choose when to stop and start the strategies. As is usually the case you
can end up trading the poor cycle of a strategy and watch the winning cycle
of a strategy… a complete newby mistake in my book… Ive seen people wipe
private accounts out “trying to be clever”

I set my stall out and if a trade meets all the criteria then the trade goes
on… opinions don’t matter to me, the story that the charts are telling me
does.

Trades for today, nothing held over from last night…

GBPJPY
4/6ths position +15
1/6ths position -1
1/6ths position +2
Some slippage would you believe it… still overall profitable position

New trade
6/6ths position - all open no scale outs just yet

EURJPY
4/6ths position +15
2/6ths position -25
overall profitable position

new trade
6/6th position -35

New trade
6/6ths position - all open no scale outs just yet

CADCHF
new trade
6/6th position -30

new trade
6/6th position -40

New trade
6/6ths position - all open no scale outs just yet

GBPCHF
4/6ths position +25
1/6ths position 0
1/6ths position +23… slippage again!

New trade
6/6ths position - all open no scale outs just yet

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2 Responses »

Managed Forex Accounts » Blog Archive » Triton off a couple more percent on June 4th, 2008 at 8:00 pm:
[…] Original post by admin […]
6ths » Blog Archive » Triton off a couple more percent on June 5th, 2008 at 6:24 pm:
[…] Triton off a couple more percent 4/6ths position +15 1/6ths position -1 1/6ths position +2 Some slippage would you believe it… still overall profitable position. New trade 6/6ths position - all open no scale outs just yet. EURJPY 4/6ths position +15 2/6ths position -25 … […]