Well, I disregarded my own advice of staying out of the market at Xmas,
I should have taken the time to reflect on the markets and find the right plan to trade on
I lost most of my money making horrible decisions and then trying to correct them...
I felt really bad when I closed up yesterday below 100K
but it has put a couple of things in perspective for me:
I know why I was stopped out twice during the competition already, before I reached second place:
I don't rest - I just can't seem to relax, I keep pushing on to first spot
Every time that I trade, I just risk it all and if I lose, I lose it all
It has happened to me before, and I know now that I have to learn to cope with myself,
with the way I trade:
The good thing about it all is that I got close this time,
and I seem to be getting better - I will not be able to change who I am:
who I am and what I do defines the way that I act - so be it
So, I will be coming back for more, things are clearer now;
I will keep doing what I feel is right,
and I need to learn to be a better trader, I need to learn more about market dynamics,
and how traders react to certain times of year - to currency strength,
I need to rely more on technicals that make perfect sense, and not convince myself that I know better,
that is just silly
It has been a crazy, painful, but excellent learning school - this month
I know that I am on the right path now,
and my love for trading is stronger than ever
Wishing you all the very best,
and a wonderful New Year
Adam
I should have taken the time to reflect on the markets and find the right plan to trade on
I lost most of my money making horrible decisions and then trying to correct them...
I felt really bad when I closed up yesterday below 100K
but it has put a couple of things in perspective for me:
I know why I was stopped out twice during the competition already, before I reached second place:
I don't rest - I just can't seem to relax, I keep pushing on to first spot
Every time that I trade, I just risk it all and if I lose, I lose it all
It has happened to me before, and I know now that I have to learn to cope with myself,
with the way I trade:
The good thing about it all is that I got close this time,
and I seem to be getting better - I will not be able to change who I am:
who I am and what I do defines the way that I act - so be it
So, I will be coming back for more, things are clearer now;
I will keep doing what I feel is right,
and I need to learn to be a better trader, I need to learn more about market dynamics,
and how traders react to certain times of year - to currency strength,
I need to rely more on technicals that make perfect sense, and not convince myself that I know better,
that is just silly
It has been a crazy, painful, but excellent learning school - this month
I know that I am on the right path now,
and my love for trading is stronger than ever
Wishing you all the very best,
and a wonderful New Year
Adam