Apparently I've changed...
as my account went below $2000 (and stayed there), I was no longer able to trade it as a serious account. Besides from trading without committing to a higher timeframe bias, I know it must've been gambling when I didn't even bother to calculate proper lot sizes anymore.
So I took some time off to focus, and see what I could learn from those moments of bad discipline.
I am going to take one more week off to review things, then bring my account back up to $2200, and begin trading again, this time with a calmer, more patient perspective. (It will be easier this time around since I no longer have an end-of-year deadline that could possibly push me to rush things.)
- Also, to refamiliarize myself with what exactly it is that I want to pay attention to, as far as reading PA goes.
- Also, to re-evaluate my expectations of my trade entries (to avoid getting over-confident about any particular market-turn that I am predicting.)
There were two things I liked about my last go-around tho, one being that I was pretty good with taking screenshots of the trades, from the entries, to various adjustments throughout the trade, to the closing.
Another thing I liked was getting a confirmation that I DID prefer to measure my lots in fractional amounts, starting with 1/12 of Max Lev. ((And using 75% of my account as the base to make this calculation.))
I considered using 1/16 and doing away with the fractional 75% of my real account, but,......no.
I don't see your account staying below $2000 being a function of it's actual amount. If you pull one good trade
off you'll double up right? Like PRO said if you can't be trusted to make gains with less than $2000 you can't make it by adding more.