Lee Shepherd
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As the title states, I'm having an absolute nightmare of a month and the month is almost at an end.
I have 8 separate open positions with multiple lots (well stacked and leveraged) and yet it would seem that every single one of them, yep, every one, has been going against me or/and tickling my limit orders then slamming back down.... the whole month. By the law of averages I should have got a few more trades in.... but no.. Its all bo11ox. (in the words of Spencer)
So....What to do???????
Give up and go home?? Leave the month behind??? Turn to drink maybe
No.... Just keep plugging on through.
You see, it goes like this. If I can open 8 separate trading instruments in 1 week but yet every one of them goes against me. It stands to reason that the opposite can also happen. To be fair though, that's easier said and understood when one has been trading for many years but understandably harder for a newcomer or someone with a poor track record.
I do have 1 excuse I would like to throw in though, I was in Scotland/vacation for a week.
I have 5 working days to pull this around - although highly unlikely as I'm under target by over 75% , I may get a few hits before the month ends. One thing is for sure though, by giving up or going home, I definitely would not get anything. (although I reckon someone may pipe up and say....but at least you haven't lost anything either).... On that statement you have lost, lost time, lost opportunity, lost education/experience and of course if you were 'right' to do so, then reinforcing bad habits with a losers attitude.
Fingers crossed for a better month in September. :clover::clover: I'll post my results in my trading journal around the 1st week of next month. (4 monthly statements to go till end - runs until Xmas)
#tradingisbollox - but on that note - Its Friday - woohoo. Best day of the week. Beer and boobs baby.....:cheers:arty: #Lewis&Simon
Lee
I have 8 separate open positions with multiple lots (well stacked and leveraged) and yet it would seem that every single one of them, yep, every one, has been going against me or/and tickling my limit orders then slamming back down.... the whole month. By the law of averages I should have got a few more trades in.... but no.. Its all bo11ox. (in the words of Spencer)
So....What to do???????
Give up and go home?? Leave the month behind??? Turn to drink maybe
No.... Just keep plugging on through.
You see, it goes like this. If I can open 8 separate trading instruments in 1 week but yet every one of them goes against me. It stands to reason that the opposite can also happen. To be fair though, that's easier said and understood when one has been trading for many years but understandably harder for a newcomer or someone with a poor track record.
I do have 1 excuse I would like to throw in though, I was in Scotland/vacation for a week.
I have 5 working days to pull this around - although highly unlikely as I'm under target by over 75% , I may get a few hits before the month ends. One thing is for sure though, by giving up or going home, I definitely would not get anything. (although I reckon someone may pipe up and say....but at least you haven't lost anything either).... On that statement you have lost, lost time, lost opportunity, lost education/experience and of course if you were 'right' to do so, then reinforcing bad habits with a losers attitude.
Fingers crossed for a better month in September. :clover::clover: I'll post my results in my trading journal around the 1st week of next month. (4 monthly statements to go till end - runs until Xmas)
#tradingisbollox - but on that note - Its Friday - woohoo. Best day of the week. Beer and boobs baby.....:cheers:arty: #Lewis&Simon
Lee