Researching

No updates over the last few days and might be a while before another one because I haven't been trading. I've been going back over my method and mistakes. Also trying to see if there's any way I can streamline my method to use probabilities more and discretion less. We'll see how it goes.

-20

Seriously beginning to doubt myself now. Something I've been wondering lately is if my large increase in lot size is causing a psychogical issue. I feel like I was more comfortable trading the small size, maybe that allowed me to easily take the small wins and now I'm too concerned about the money. Maybe I need to overhaul my method. Bleh. I don't know.

+1

The market moved up 260 pips during my session and out of those 260 I took home...1. hah. Spread was too wide most of the time so I just sat by and watched. During these types of moves I don't know that spread will ever be .9 - 1.3 for long. So may just have to go with it on these rare days. The risk is increased but so is the reward. I'll have to think about it.

-8

+4.7

+1.2

Week 23 Stats

A rough week kicked off by the bad trading on Monday. Which then led to more bad trading on Tuesday as I traded to make up the losses rather than trade correctly.

Before Jan I'd make rediculous trades daily, then compound the problem by trying to make up the losses. Now I do it only several times a month. This shows improvement but I need to improve more.

Two things I've identified as needing to work on:

1) As mentioned above, long term consistency. Doesn't do much good to trade well for a few weeks then trade so bad in one day that it wipes out the previous hard work.

2) Cultivating a long term mentality. Meaning to keep calm when going through a rough patch, because if I trade correctly I'll come back positive.

Both the above will go a long way to minimizing mistakes and maximizing profits.

-2

The first trade taunted me. Went exactly like I thought it would the moment after I exited.

Rough week.

-11

Frustrating.

+4.7

-12

Trying to make up losses leads to more losses. As much as I want to continue trading to make up for the negative pips I know I'm too emotional at the moment. So ending session here.

-30

All trades were invalid, shouldn't have taken any. Trading like a complete noob. Got very little sleep last night which is probably impairing my judgement, probably shouldn't have even traded. Stopping here.

Week 22 Stats

A good week.

+8.9

Mistake #1 - Should have skipped that first trade. It was clearly an incorrect play.
Mistake #2 - Should have exited earlier on the first two trades.

+13

The first trade looks like I bought then sold for a small profit. But I actually sold first then bought for a loss of 2 pips. Lots of movement today but most of it was so quick that it would be too risky to take. So ending the session here.

+6.1

Only one good place to get in today, so only one trade.

Week 21 stats

Just realized that week 21 was only one day, Friday. So here it is.

No trades

No good place to get in today =  No trades.

+5.5

At the end the up move was forceful so should have held the 3rd trade longer.

Week 19 Stats

I'm going to skip week 20 and start at week 21 to better keep track on a monthly basis. Which means there was only 3 weeks of trading in this month. My trades today will be tracked as the start of week 21.