Glad to hear you've had a good morning F.
Thanks for the words of encouragement, and I'm sure I will have more questions in time.
Whilst it's difficult and frustrating at times to have an array of loses, really it doesn't matter that much to me at the moment. For now my focus is really on getting the direction right, which means improving my analysis skills. I figure once I can improve my chart reading skills to read the direction consistently, then I can focus more on timing and risk management. Difficult to separate out aspects like that really, as everything is intertwined, but this is how I have to look at it for now.
Sadly much of the marketing/media in the trading world suggests you don't need to know much, or that practice isn't really part of the story, and that you can learn in a couple of weeks. I'm glad to say I didn't fall for those rubbish lines, and have avoided losing money by being careful. Although I doubt I appreciated quite how much practice is required.
However, what I really needed (which I didn't realise) is intense practice, that really stretches me, pushing me completely out of my comfort zone. I can see I have learnt more in the last six weeks or so than I learnt in the last six months, due to the intensity of this pace of trading. So I shall keep slogging on, it's the only way forward imho 🙂
Cheers,
G
