DislikedIt is quite frustrating to not get many trading signals, however, if I look back at the results, I made over 8% while the Dow lost over 11% in February. 8% of say a 10000 account is only $800, but it also means that I would double up in 9 months...I like looking at the gains from a % gains (vs $ gains), probably because I'll be starting with a small account (much smaller than 10K).
JoshIgnored
Well done. 8% for any month is outstanding. I'm in the same boat with a small acct size. I get depressed when I look at my gains in terms of dollars however percent wise, I'm usually quite pleased. Even a 5% month on a regular basis is phenomenal. It looks so attainable here in the FX market but just think about the years ahead (as James says it's not a sprint but a marathon...I think he said that) and when you get there you'll look back and feel very accomplished in what you have achieved. James also talks about how difficult it is to build a small acct up because the actual dollar value is not very satisfying.
Keep doing what you're doing and do not worry about over trading. Just worry about what trades you are taking.
Good luck!
-G550