August 2010. results

- 103 pips
- 19%

Hi to all readers, traders and bloggers

I'm finally back home after six weeks of fun at the seaside. I rushed into trading without much thinking. Not good result followed. I kind of liked not posting any blog posts, so this week I didn't post daily results. Maybe I will continue doing it like this with weekly installments. Main reason is that I don't want to talk about trading that much on a daily basis. Before I would wash up all my thinking after trading day in blog posts. Now I want those impressions to brew inside of me for a change. I definitely want to continue blogging and documenting my trades, so I'm not on verge of stopping.

What can I say about past week? I lost a lot trading with double size. Mostly being impatient and not waiting for things to materialize but "wanting them". Really good day was Wednesday where I did great in after the news trading and fast moving market. That day simply suited me and on other days I foolishly pressed. Many bad trades with 4x size could be a lot smaller losers if I didn't keep them open so long without real reasons.

Now I'm in survival mode. It's good, now I can't take trades because I can't afford more of the losses. So only hpt.
Did I need this? Probably not, but it was always like this before so why should something change just because I was away for some time.

You can see charts from this week's trades in post below.

Charts week 34.

23. -8 pips



24. +20 pips




25. +46 pips



26. -104 pips




27. -70 pips