New year and new journal for me as usual.
Luckily I have a good legacy from last rollover weeks (+1498 pips FDXM) and I hold 1FDXM long 13103 bought few minutes before Eurex 2019 year close.
My main aim this year is to try to accept some losses during my trades.
Basically my performances were good last years because losses are not allowed on my trading style, so my positions keep on fighting until potential losses will become gains. I'm aware that this is a dangerous behavior and one day I will pay for this, as happened a couple of weeks last years.
So I will try to introduce from time to time a classic fixed stop loss. Not sure that I'm able to put in practice these good intentions but I will try.
Seasonality on january last 20 years showed that DAX has a peak first days of the year and then it fades during current month.
We'll see if it will be the same on january 2020.
Luckily I have a good legacy from last rollover weeks (+1498 pips FDXM) and I hold 1FDXM long 13103 bought few minutes before Eurex 2019 year close.
My main aim this year is to try to accept some losses during my trades.
Basically my performances were good last years because losses are not allowed on my trading style, so my positions keep on fighting until potential losses will become gains. I'm aware that this is a dangerous behavior and one day I will pay for this, as happened a couple of weeks last years.
So I will try to introduce from time to time a classic fixed stop loss. Not sure that I'm able to put in practice these good intentions but I will try.
Seasonality on january last 20 years showed that DAX has a peak first days of the year and then it fades during current month.
We'll see if it will be the same on january 2020.
I call upon my father's spirit , watching over me
