Wednesday, August 24, 2005

8/24/05 Still painful

I not having much luck lately and something has to change NOW!!! I really think I am going to go back to just one setup, and only one setup. Even if I don't get any trades off for that day which is fine. I also need to sit and read my rules everyday, like.... Don't add to a losing position no matter what!!!!!!! Never trade more than 1 contract and cut my losers short. The last one is the only one I've been following lately and every loss I've had I can document was due to the first 2. I've added to positions that were in the red and when I've lost I then traded big to make it back (back to revenge trading). Both stop right now. No More!!!!!

Trader X

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