Wednesday, 25 July 2012

Every day I'm strugg-i-lin (25 July 2012)

Shuff-I-lin would also be appropriate ... but unlike the catchy tune, this type of shuffling ain't so fun.

I seem to be coming up with one or two decent trades each week, and fair being fair I also have a loss or two and that has netted a small gain in the past few weeks. But I'm in the red, one percent...and why!!! Because I also make a psychology mistake each week.

Today I tried to fade a spike on euro, but that isn't in my plan, I don't have an edge there. Why do I do that....impatience I think. 1% a week feels too slow.

But a 50% year would be awesome! I must focus on that.

Trading psychology...do you ever read a trading psychology book and feel like you didn't learn any new theory. I know all this stuff...the issue is in acting upon it.

What do you guys do to keep focussed?

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