Monday, February 6, 2012

2011 Exit Position

2011 Exit Position 2011 Trading can be summarised as follows:
> Lack of Discipline
> Poor Money management
> Not following the strategy> Too much reading the web/browsing for the next great technical indicator etc
> Consequently, incurring financial losses, lower focus on family life than ideal, poorer health than ideal and so on
You get the idea? Not a good positionI am creating this blog because I believe I have the right strategy but just need to ensure I follow it rigidly and follow the Spreadsheet. I can't let my emotions get too high or too low in good times or bad. I just need to follow the strategy.On paper, my strategy works and it works really well.
During 2012, I will post every trade and most importantly, my psychological strength during a given time to show how flawlessly, I executed a trade and at what level. Also my running stakes and profit. I say profit because I cannot afford any losses. No more chances2012 will be the year when I win so hang on, enjoy the ride and most of all......Tradetowin...by following the rules Regards

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