8/20/12 - 8/24/12
Well, imagine me, back here again, I haven't seen this type of account balance since...well, since I started Self-Discipline 2.0. So I guess this is a lot like a kind of reboot for my whole program.
- "Failure is the Opportunity to begin again, More Intelligently." -Henry Ford
§ So, my official gain on the week is 15.65%, but if we were to calculate my gain from my lowest balance amount (as was seen in the picture 2 posts back), then from $888.44 to my end of week balance, it was actually a gain of 29.81%, which does make me kind of giddy.
§ If this week was traded in a more professional manner, I would be SO ready to consider this a reason for a Level-Up-► Avatar change, I desperately want one of those!
§ As for the upcoming week however, it's do-or-die for my busy season, so it is probably best that I don't do any trading and not even LOOK at a live chart. So it should be a good time to reread through my thread a bit and also my screenshots.
In exception to all my stupidity from the week, I actually did take some good trades worthy of posting, that I would LOVE to repeat in the future.
[font=Verdana]§§¤¤ Instant Self-Discipline, Weeks 1 - 10 ¤¤§§[/font]
[font=Verdana]§§¤¤ Instant Self-Discipline, Weeks 11 - 24 ¤¤§§[/font]
[font=Verdana]§§¤¤ Instant Self-Discipline - Ver. 2.0, Weeks 1 - 10 ¤¤§§[/font]
[highlight=black][size=117][font=Comic Sans MS]Instant Self-Discipline,[/font][/size][font=Tahoma] trackback, v2.0[/font][/highlight] wrote:Instant Self-Discipline - Ver. 2.0, Weeks 11 & 12 wrote::!::!::!:
8/06/12 - 8/10/12
Had close to 4% losses during the week, then managed to pull off a 5.8% trade on Friday.
8/13/12 - 8/17/12
I want to try and think more about this thing that I said in another thread:
So I thought to myself:
-Big Loss__ = behind my Entry Price or Average Price at greater than 2:1lev
-Small Loss = behind my Entry Price or Average Price at 2:1lev
-Small Win..= Take Profits at 2:1lev (i.e. taking a profit without adding-in)
-Big Win___= Take Profits at greater than 2:1lev
--- just prevent #1
So, I notice now that my average SL size is now 13-20pips.
For a few weeks now, I've been trading only in the week's direction, recently I've been breaking from that guideline here and there. I kind of want to do away with it completely moving forward now, but since I am now in my busy season, I'm thinking that maybe I should keep having this predetermined direction for another 2-3 weeks and not give myself something else to think about during this period. But the other part of me just wants to trade freely after all this time of restricting myself.