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.