Well, I am quite proud of my day and I wanted to share it with others:
A quick bit of history. I have been in and out of the Forex market for a couple of years. In the past I would try my hand at it for months and eventually each time I would give up. Several months ago, I decided I was truly ready to give it another try. I am proud to say that I have improved. I have shown a profit for 7 of the last 8 weeks. The only week I lost was a week ago, and I recovered that loss.
The key difference for me has been discipline to stick to my system. The one week I lost I made several mistakes and over traded. Today was a very good test for me. I have been busy and not able to trade last few days, also did not see many good setups. However, today was different. I was quite busy with other things and missed some GREAT signals that would have done very well for me. In the past, I would have been annoyed and tried to catch a reverse and would inevitably get killed. Today, I saw myself considering doing just that several times, but each time said NO, wait for a proper signal, not a "guess". Well, a signal never came and thats a good thing, because had I jumped in and tried to catch a reverse I would have lost on every one of them. So, it may seem like a little step to all you very sucessful traders but for me it was a giant step. Capital Preservation!! Zero Profit, ZERO loss!! Good luck to all.
A quick bit of history. I have been in and out of the Forex market for a couple of years. In the past I would try my hand at it for months and eventually each time I would give up. Several months ago, I decided I was truly ready to give it another try. I am proud to say that I have improved. I have shown a profit for 7 of the last 8 weeks. The only week I lost was a week ago, and I recovered that loss.
The key difference for me has been discipline to stick to my system. The one week I lost I made several mistakes and over traded. Today was a very good test for me. I have been busy and not able to trade last few days, also did not see many good setups. However, today was different. I was quite busy with other things and missed some GREAT signals that would have done very well for me. In the past, I would have been annoyed and tried to catch a reverse and would inevitably get killed. Today, I saw myself considering doing just that several times, but each time said NO, wait for a proper signal, not a "guess". Well, a signal never came and thats a good thing, because had I jumped in and tried to catch a reverse I would have lost on every one of them. So, it may seem like a little step to all you very sucessful traders but for me it was a giant step. Capital Preservation!! Zero Profit, ZERO loss!! Good luck to all.
