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  #81 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81

I replayed last friday's US session for practice, beginning where I left off.




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  #82 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81



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  #83 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81





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  #84 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81

replayed last night's US session, beginning where I left off.



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  #85 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81




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  #86 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81



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  #87 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81



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  #88 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81

at first the most difficult thing to do in trading was to find consistently profitable setups. now that I've a few under my belt. the most difficult thing has become knowing when to stay away from the market, that is, the ability to assess market conditions correctly and make appropriate decisions accordingly. trading is so hard because just knowing when to trade is not enough, you must also figure out when not to trade.

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  #89 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81

this was really a long session. so I replayed it in two parts. each time stopping when I felt tired.






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  #90 (permalink)
Sayounara
Yokohama South Korea
 
Posts: 120 since Nov 2012
Thanks Given: 100
Thanks Received: 81


gold had good moves this session, but I didn't trade it well. instead I made and lost 50+ ticks a couple of times before throwing in the towel. this P/L rollercoaster was really tiring, and it casts doubts on my confidence as a trader. my balance creeps up like a feather, and it drops like a stone. I think it was caused by my scaling out strategy. it was really good at helping me to stay longer in a trade. but it also meant that when I win, it was only half the size, and when I lose, it was double damage. from now on, I'm going to trade with 1 contract only, and see how it changes my trading stats.



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Last Updated on August 3, 2013


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