The comeback/second chance
Posted: Fri Jun 29, 2007 1:40 pm
Ok, after getting my butt kicked and my account blown trading on fundamentals only I decided to revaluate my strategy on mix it with technical analysis too. I will mostly make trades on a system I have developed for spotting short/long term trends. I have back tested it and feel like it's time to put it to a test. My investment in this test is small so for now it's not about the money , my main goal is to be a Winning trader.
I have decided to start a journal for my trading for a couple of reasons-
1.I think it will help me with my discipline problems . Although I have clear Entry-Exit strategies , I sometimes don't follow them.Usually at loosing trades.
2.It's a nice way to keep book and stats.
3.Feedback and crtitics will improve my trading system.
My trades will differ a lot - day trades-swingtrades-long term , whatever the markets offer as with currency pairs. I have no favorites except winning trades.
I will start next week with a bankroll of 780 USD.
I have decided to start a journal for my trading for a couple of reasons-
1.I think it will help me with my discipline problems . Although I have clear Entry-Exit strategies , I sometimes don't follow them.Usually at loosing trades.
2.It's a nice way to keep book and stats.
3.Feedback and crtitics will improve my trading system.
My trades will differ a lot - day trades-swingtrades-long term , whatever the markets offer as with currency pairs. I have no favorites except winning trades.
I will start next week with a bankroll of 780 USD.