Posts Tagged ‘ discipline ’

Goodbye Profit!Hello Stupidity

  • February 2nd, 2010
  • Posted in Forex

Today will go down as my stupidest day, ever. I broke all of my own rules and quite simply chased my losses and lost the plot. Yes it was a bad day with TUFXP hammering me for -21% and a loss of 6% on my morning trade. But that is where it should of stayed; yet somehow I’ve [ READ MORE ]

Are you?

  • January 6th, 2010
  • Posted in Forex

Seeing as I ramble on about discipline and it’s importance I thought I’d add a post about how I go about ensuring I keep my discipline in check. A good trader can be expected to win around 60% of the time and as long as they employ worthwhile money management and risk/reward they will win [ READ MORE ]

Fantastic week, discipline and gumby’s…

  • October 29th, 2009
  • Posted in Forex

This week is fast becoming incredible and I’m feeling on top of the world. These purple patches seem to occur once a month without fail lately and it’s always a timely added boost to the monthly gains. I’ve had two trades this week go to -24 pips, 1 away from my SL before slowly making [ READ MORE ]

Fantastic week, discipline and gumby's…

  • October 29th, 2009
  • Posted in Forex

This week is fast becoming incredible and I’m feeling on top of the world. These purple patches seem to occur once a month without fail lately and it’s always a timely added boost to the monthly gains. I’ve had two trades this week go to -24 pips, 1 away from my SL before slowly making [ READ MORE ]

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