January 2012. results

- 39 pips

-16 %

New direction

I just sat there and watched market. All sub minute charts were gone. My general intention is not to trade but just observe. Trades that were taken later were the ones that I simply had to take because market showed it's hand. So that's it, do nothing except where it's so obvious that you don't even think should I take that trade or not.
Eur/jpy move got stopped and my trade got stopped. Immediately after eur/usd started strong up movement. Both of those trades could move strong and significant distance. You don't know in advance what will play out. Job is just to follow some reasonable trade management plan.
So from now on I hope for more watching less trading.
+10 pips

-15 pips

I need to move away from sub minute charts. I get direction but execution kill me.

-14 pips

Angry child

Still not able to control myself. After failure of swing trade idea emotional response. It's sometimes like I have emotional response of a child that is angry and frustrated and grownup that is also emotional and punishing that child for mistakes that it made. Just emotion after emotion play itself out. With demo like account I don't have pain of lost money after so I can look closer at it after.
Market wasn't that hard today, on the contrary it was tradable.

-35 pips

Down day

Messing around at figure. It would be better if I pick my spots in less dramatic places. I'm using today's loss to stop with trading as planned at daily loss limit. It's a step in emotional control. It's not easy for me to stop here and now.
I'm probably still somehow angry at yesterday's nonsense. Shouldn't even trade today.
-17 pips

+2 pips

Sometimes I act very stupid. After being mostly in loss I got lucky break with spike up and was in the lead some 30 pips. Then ten pips more. After it was pretty bad trading in the range and later angry mode. So I lost it all. Can't say much in my defense, I should know better. I had for some time limit to risk those last ten pips, but after I spent them I continued past my limit.