Thursday, 19 March 2009

The Good Run continues....

Results from 19th March - Day 18



If I could trade like this every day I would be very happy! There were very few mistakes made today and I felt like I really got into my stride. I left a couple of losses unredded and I should have kept discipline and redded them up but that aside it was good profit for the day. A 75% winning rate is roughly what I am aiming for and so this was about right today too.

I have been trading for a month now and I am pleased with progress. I've proven to myself yet again that small low risk gains are all that is required on daily basis. There is no need to aim for high risky returns. I havent made any money overall but I havent lost any either. One of my original goals was to not lose money and I will try and maintain that standard. Both my previous attempts at trading have ended within 4 weeks so I have passed one hurdle!

I am off on holiday next week so I wont be trading at all. It will give me some to review what I have done and to consider the next level as there are some races where I just do not know what to do and my lack of experience is limiting my options for trading them. I will increase my tick size but will still keep it below the maximum I could use as I am not 100% happy with how quickly the loss can build up if the trade goes against me.

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