Ugh! Lots of learning this week. The weekend had a major project in it and so I didn't get to put this in when I wanted. Now it's already Wednesday evening.
I came out of the week in the red, but not horribly so. Account Balance is down to -2.435% from initial, but only -.03 for the week.
Monday actually saw no trades happen. I still have to work for a living and was off doing that when an opportunity arose. I'm trying to keep those pesky customers out of my trading hours, but it doesn't always work.
Tuesday was a bad day and responsible for most of the loss in the week. The day began with a pair of trades that went against me and I didn't get out of them quickly. The next attempt succeeded but for small gain. The last straw was a simple miss-execution and I entered in the totally wrong place (was placing a stop and accidentally placed an order). That cost me a bit because price was moving sharply at that time. I was then too flustered to trade and so quit for the day.
Wednesday was a pass due to the Greek Crisis & FOMC meeting. I had no idea what might be on tap so just stayed out.
Thursday started off really poorly. I made a small trade & I barely scraped a tick out of it. I was having some kind of issue on my machine and so I decided to restart the thing. I did so and restarted the NT Platform and a trade was afoot so I made a trade.
@#$^#$%^&*^Y*(%&^()%&^*
I entered a really spectacular trade on SIM!! Boy was I pissed. There is no way to have NT automatically start a connection and not have it switch to the SIM account. This is a flaw in the platform in my mind. Well, I undid the damage, but the entry position was inferior to what it was supposed to me. I tried setting it to no connection on startup, but that wasn't really much better. I colored the DOM background Pink so it was more obvious and am living with it. I still think it's an inferior design choice.
Aside from the really horrible start, Thursday was a good day. I had managed to recover Tuesday's loss by a hair.
Friday was a small loss day and tipped the balance into the negative for the week.
Post-Mortem thoughts: I believe the loss of last week was still on my mind. It was rather large and I think it was still affecting me. I felt I needed to "recover" and so made some poor choices. I also made that real bad "typo" on the platform & totally hosed things and then goofed up with the entry in SIM. These didn't help my equilibrium either.
On the whole, however, I feel good about the week. I learned some lessons about when to hold them and when to fold them. I still need work on staying in when it's not going "wrong" just not going as I expected. I have exited too early many times when it didn't matter and held on when I shouldn't.