I opened 3 orders because of fear. I should have calculated all the risks and rewards.
UH:
buy 7.752, SL 7.743, TP 7.754, Risk/Reward=(0.1162%/0.1419%)*1/1.6333=0.0712%/0.0869%
ECh:
buy 1.522, SL 1.493, TP 1.560, Risk/Reward=(1.94%/2.44%)*2*0.86308=3.35%/4.2%
UCh:
buy 1.084, SL 1.063, TP 1.0978, Risk/Reward=(1.98%/1.26%)*1/1.6333=1.21%/0.77%
change to
buy 1.084, SL 1.063, TP 1.15, Risk/Reward=(1.98%/5.74%)*1/1.6333=1.21%/3.51%
GCh:
sell 1.74057, SL 0, TP 1.717, Risk/Reward=(infinate/1.37%)*2*1=infinate/2.75%
GCh:
buy 1.77665, SL 0, TP 1.81, Risk/Reward=(infinate/1.84%)*1*1=infinate/1.84%
UCa:
buy 1.1262, SL 1.063, TP 1.3000, Risk/Reward=(5.95%/13.37%)*2/1.6333=7.28%/16.37%
GCh:
buy 1.7598, SL 0, TP 1.81, Risk/Reward=(infinate/2.77%)*1*1=infinate/2.77%
GU:
sell 1.643, SL 1.678, TP 1.52, Risk/Reward=(2.09%/8.09%)*1*1=2.09%/8.09%
================================
pending orders:
EU:
sell 1.433, SL 1.488, TP 1.29, Risk/Reward=(3.7%/11.09%)*2*0.86308=6.38%/19.13%
UCh:
buy 1.069, SL 1.063, TP 1.15, Risk/Reward=(0.56%/7.04%)*1/1.6333=0.35%/4.31%
UJ:
buy 93.00, SL 91.3, TP 96.5, Risk/Reward=(1.86%/3.63%)*2/1.6333=2.28%/4.44%
UCa:
buy 1.092, SL 1.063, TP 1.16000, Risk/Reward=(2.73%/5.86%)*2/1.6333=3.34%/7.18%
16 week ending 4 July: -12.163%
16 week ending 14 March: +33.2650%
16 weeks ending 21 November: -1.303%
1 week ending 11 July: +0.921%, floating loss -1.525%
1 week ending 18 July: +0.29%
I didn't follow my plan and closed UJ too early, and didn't get a quite big profit. It's a pity.
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