Friday, 2 March 2012

Head in the sand

It has been a busy couple of weeks for me at work, so trading has taken a back seat.  Of course a large part of that is because I want to bury my head in the sand and forget the terrible position I took in EURJPY and my ongoing wait for EURCHF to move up from the 1.20 limit.


Today I finally started to close out, but I am still struggling to take the full hit.  Bit by bit is less painful. I am however becoming better at focusing on account equity rather than hanging on to my account balance!

My goal of £1000 profit by end March is a long way off and I really need to get back and involved in trading again.  I have not been checking charts or reading news....that is what a bad trade and heavy drawdown does...it stops you trading.

So next week I am back in the mix and will be looking to close out my losing positions and get back to winning/profitable ways.


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