Hi John
Thank you for your phone call. What a lovely surprise.
As mentioned my day started badly and it went even more downhill for a while. I would loose, then make a winning trade and then loose and did that a few times. Then I stopped, went out shopping with my son and came home refocused. The last few trades have all been winners and I am only down 13 for the day.
I felt quite flat at first but then I sat back and reasoned that the afternoons are good times to make amends for the mornings cock ups. The Americans take the euro and cable to the cleaners every afternoon and I was right and I managed to regain most of my losses. I am not unhappy to end the day on -13 considering what a bad start I had to the week.
Last week I was on a high and I couldn’t really go wrong. This week has been another story with not getting the hang of my stops and then opening up two trades when I want to close one. I did that again today but both were winners so I was quite happy with that. I then re-focussed and turned it all around by listening to your cd again. I went over money management and started psychology. Just listening to you and taking it all in brought me back on track and I decided I will not be beaten by this. Yes I will have bad days, I need those to learn. Good days are not really learning curves as they could be a mixture of luck and skill. Bad trades tell me how rubbish I still am and need to practice a lot more trading. So I feel quite happy that I will get better as I feel trading is a right move and I’ve got the bit between the teeth and I have a goal. IT’S ALL IN THE HEAD!!!
I don’t feel revenge as I’m happy to stop trading today and keep my loss. Yes revenge is a killer I can see that. Just as greed and fear fall into the same box. We all have them and it’s not a nice thing to have to admit to.
So I will carry on from here. I eagerly await the new CD (which might even be here tomorrow morning tra la la) because I think it will have answers to many questions about what I want to do and it will fill the missing gaps. I also realise that I can’t work full time and trade at the same time. I missed some beauties. In fact if I was focussed on the screen I’d have picked up 45 pips in 10 minutes. Timing is the key and while I work its hit and miss. It’s this realisation that made me feel I’m not such a looser at all instead lack of timing and outside factors prevent me entering when I should.
All blunders are entirely my own fault. It’s too easy to blame circumstances but end of the day I lost control.
So with that I wish you a pleasant two days and looking forward to chatting to you some more
Kind regards - Desiree
Friday, 26 December 2008
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