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Friday, May 11, 2012
Thursday, May 10, 2012
Wednesday, May 9, 2012
Indiscipline & Overconfidence Will Kill any Account
I have been very undisciplined lately and traded against my rules and suffered several consecutive losses that has set me back quite a bit. I went back to the drawing board to review what I did wrong and make necessary corrections. I discovered my lack of respect for the market and it handed me a good punishment too.
I did take some counter trend trades at the beginning of the week but refused to do that in my live account as I want to avoid CT trades for now, and build my account back to par and profit.
I should commence live trade again from the Asian session tonight and will post my winning and losing trades.
George
DISCLAIMER
Please read the disclaimer on the home page
I did take some counter trend trades at the beginning of the week but refused to do that in my live account as I want to avoid CT trades for now, and build my account back to par and profit.
I should commence live trade again from the Asian session tonight and will post my winning and losing trades.
George
DISCLAIMER
Please read the disclaimer on the home page
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