Sunday, July 17, 2011
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.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment