It's been a tough few months. When I first started trading live, the most unfortunate thing happened. I made a big win. Why is that a bad thing? Because I spent the next few months trying to get the same kind of success on the first day, and my judgement was clouded. I just kept losing.
From then on, it went downhill. People say demo is nothing like trading live. It is terribly true. No matter how strong and disciplined you think you are, there will be times you will fall into a newbie trader trap. I've learnt the forex market is fierce and unrelentful. It is out to weed out the weaklings, it is an arena where only the strongest survive
I've gone from trading GBP/USD, to GBP/JPY, back to GBP/USD, now to EUR/USD and tried numerous forex strategies and forex signals.
I've been way, way to close to blowing my account. I'm talking a few dollars away. But Someone was watching over me I suppose, the trade then went my way.
It's been 6 months now. My account is still alive. And I've finally found my footing. No more slipping down uncontrollably.
As a way to control and monitor my trading, I'm creating this trading journal and will post my trades here. This is to maintain my trading discipline.
Happy trading! If you are new too, I hope you find your way soon.
Sunday, February 3, 2008
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment