Results, 27 Oct 2005
Hi all,
Sorry for the tardiness of me posting my results, I am now back at work, so that with a newborn means my time is very limited! Not limited enough to get in some trades though of course :) which you can see below.
Another day confirming my suspicions that my money management is all wrong at the moment, with my losses equalling or at times greater than my profitable trades. However I suspect it is less about how far my stop losses are placed, as most of my trades need the room I give it, but more about my entries, I tend to get into trades too early, limiting my profits, or maximising my losses, this is something I need to work on and something for us all to think about.
Oh and I also realised today, that yesterdays results were the wrong date's results, they were actually the same as above, so I have changed those results for anyone interested.
More tomorrow. Happy trading!
Today's result: -4 pips | Overall: +607 pips
Sorry for the tardiness of me posting my results, I am now back at work, so that with a newborn means my time is very limited! Not limited enough to get in some trades though of course :) which you can see below.
Another day confirming my suspicions that my money management is all wrong at the moment, with my losses equalling or at times greater than my profitable trades. However I suspect it is less about how far my stop losses are placed, as most of my trades need the room I give it, but more about my entries, I tend to get into trades too early, limiting my profits, or maximising my losses, this is something I need to work on and something for us all to think about.
Oh and I also realised today, that yesterdays results were the wrong date's results, they were actually the same as above, so I have changed those results for anyone interested.
More tomorrow. Happy trading!
Today's result: -4 pips | Overall: +607 pips
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on Friday, October 28, 2005 at 10:07:00 AM.
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