Interesting week, I WAS NOT supposed to be trading, but all that craziness in the EURJPY created the mother-of-all Master Candles, so I was strongly compelled to do
something with it.
Started out good trading on the week, but then I made the bad mistake of trading not off of my system, but instead, trading off of
that belief similar to, "Oh, it went down so far already, IT COULDN'T POSSIBLY go down any
more." And with that, the reverse-drainage started.
**I wanted
so badly to say that I caught the EJ yearly bottom and therefore, I could add positions to it
with confidence over the next few days or weeks or something.**
Read up on SignalBender's stuff, looks very interesting, glad he's sticking around, but I can't multi-task enough to give it a try. I'll keep reading though
Speaking of multi-tasking, trading for the next two or so weeks will be an interesting challenge, because I HAVE TO include exercise and study into my daily routine, so I will adjust and see what I can learn from being forced to trade on a much restricted schedule (maybe I'll weed out some of my unnecessary steps that I stick with only because I had the spare time to do them; or maybe it'll just force me to analyze quicker with less secondary and tertiary [s]drinking[/s], I mean thinking.) I was reading about you guys drinking while trading...let's just say, I should learn how to drive well while SOBER first, before I attempt driving after 'having a few'(NOT AN ENDORSEMENT!!!Mark-13_Smile ) {Maybe after I can raise my hand to question of if I'm earning my weekly 10%,
then I might drink & trade.}
A Very Good Improvement on the week tho, was my lack of a money anxiety. I might as well have just put 50cent into a video arcade game and see how well I could maneuver and rack up/ or lose points. It was no stress, just a thing I happened to be doing to pass the time. G-d, I hope I don't lose that feeling. To paraphrase Bruce Lee,
it was like I was Enjoying the Beauty of the Moon, instead of stressing over the Finger that Was Pointing to It.
In this relaxed state, I found myself effortlessly attempting to hedge (i.e. close out
partially) and buy back some on pullbacks, while holding onto a piece of my initial entry. Either that was b/c I was so relaxed, or b/c I had some kind of confidence in my entries. Either way, I have questions about how to adjust my stop after adding to positions. (I'll figure out what I need to ask you guys later.)
So good luck this week guys, and if I'm not working, trading, or studying, I'll be exercising,
but not like this:
or
http://www.youtube.com/watch?v=4S3C4AC908w READ COMMENTS ON THIS ONE FOR MORE HILARITY
The Saturday Night Live Parody
Another Parody
[highlight=BLACK]IF YOU WATCH ONE, I GUARANTEE YOU'LL WATCH ALL FOUR![/highlight]