Why/how I erased my profits from yesterday.

[2:45:45 AM] Patrick May says: long dllryen @ 94.226
[2:46:26 AM] Patrick May says: for now....we shall see how this goes
[2:47:37 AM] Patrick May says: lol
[2:49:57 AM] Patrick May says: there are people buying, but might be too soon
[2:50:24 AM] Patrick May says: watch the price...dips down like 4-5 pips then spikes up
[2:51:03 AM] Patrick May says: hedged with a euro short 1.41410
[2:52:48 AM] Patrick May says: one of us is goning to get smoked soon Z
[2:52:49 AM] Patrick May says: lol
[2:53:51 AM] Patrick May says: well if it opens positive, your dllryen will me hit, and negative, my short will be destroyed
[2:57:23 AM] Patrick May says: :@ dllryen
[2:57:27 AM] Patrick May says: dax is down isnt it?
[2:58:03 AM] Patrick May says: lol just wait! :P
[2:58:26 AM] Patrick May says: fuck it
[2:58:32 AM] Patrick May says: -17
[2:59:33 AM] Patrick May says: this is illogical...euro drops when dllryen drops, or at least im preportion
[2:59:45 AM] Z man says: look at eur/yen
[2:59:55 AM] Patrick May says: yes, and I am considering long on it lol
[3:00:44 AM] Patrick May says: i am getting slammed on euro short too...grrrrr
[3:00:59 AM] Patrick May says: -17 on that too
[3:01:00 AM] Patrick May says: damn
[3:01:28 AM] Patrick May says: should have gone to bed :P
[3:01:38 AM] Z man says: whats your balance ?
[3:01:58 AM] Patrick May says: 300 less
[3:01:59 AM] Patrick May says: lol
[3:08:39 AM] Patrick May says: 10 more pips and i am back to what i just lost
[3:08:55 AM] Patrick May says: 94.30 and i will exit all positions
[3:09:00 AM] Patrick May says: i still have long dllryen
[3:09:13 AM] Patrick May says: 2 lots @ 94.147 roughly
[3:09:28 AM] Patrick May says: now that i said that its going to get creamed
[3:11:09 AM] Patrick May says: no, but I know I am right and that I can make it back before I sleep
[3:15:09 AM] Patrick May says: good
[3:15:21 AM] Patrick May says: nikkei had a negative start as well, but went well till mid day
[3:16:25 AM] Patrick May says: give me 7 pips
[3:19:28 AM] Patrick May says: impatient
[3:19:30 AM] Patrick May says: :P
[3:19:44 AM] Patrick May says: need euro over 685
[3:23:32 AM] Patrick May says: see if dllryen was weak, then euro would not have stalled, but moved with it
[3:24:46 AM] Patrick May says: might have to get ready to throw a line at euro short lol...refraction is a b.
[3:27:07 AM] Patrick May says: see euro going to shoot dllryen up here



I had already been up roughly 120 pips before this incident. I knew I was right, took too large of position at once too early and didnt get to average out. Greed. Needs to be worked out of me.