Wednesday, 11 November 2009

First day back and a bad one.....



The screen shot says it all, traded 6 markets only to lose big time on the last trade just when i was going to call it quits for the day. Everything (that i know so far) told me the trade was going to go my way, but instead it went the other way and never came back...quite frustrating as this is a massive loss compared to what i make in a trade. Almost 2 days profit gone, i don't know Peter Webb and Adam heathcote keep their losses so small when i see there P&L's ...i know there is more to this and there are some specific indicators that a trader can use ,but they most likely are keeping to themselves and fair enough as they have done the hard yards to find them. But i have been at this now for 4 months solid (started well before the blog) and still i get done by these very fast swings that go against me. Hopefully my day will come when i will see these signs that i know they use and can then benefit from them. The one positive i take from this is that i closed the trade and redded up before the off, this was hard to do and i am proud that i took it on the chin and didn't get tempted into in-running play.Going away now to read alot more and watch more videos tommorow, so i might not trade, will see how i am feeling. I just have to hang in there!

Total Markets: 6
Profit/Loss: -£6.76
Strike Rate: 83.33%
Average per trade -£1.13 (worst ever day!)

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