Friday, 16 September 2016

Another two weeks

So, as I write this, down 80% overall since the last funding.
If i give myself more credit than is due, I could say that last week was the getting my feet wet stage, where I do everything wrong; and this week was remembering all the little rules that are needed to not blow up as fast as I tend to do.

I think, without much evidence except for a mounting sense of how things appear to be, I've found some patterns that appear to play out over and over again.  The problem I now face is to trust this vague and sometimes confused sense of the market. 

There was one particular trade this week that felt right, looked right and played out as I guessed it would.  Problem is, I didn't let it unfold, i started to second guess and ended up not making anything from it.  Rebound trade on a different instrument was a success - but again, trying to be fair, didn't have any of the components of the set-up I look for.  It was an instinctual and lucky trade.  Which, typically is (was) followed by some market chasing that gave back slightly less than made.

Understanding my own motivations and urges and working with them are one of the keys to getting this thing to 'work'.  Although I've not really defined what it means for this to 'work'.

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