Wednesday, January 5, 2011

Wednesday : Disaster!!!

Okay, first I lost control, then I fought against the trend, then I missed lot of good trades. Result: Not yet counted, but scary losses.

Now, I'll reboot my technique.

1. Fibonacci involved, this way I may reduce my trades zillions times.
2. Non currency trade activated.

I flashback my trades, there's LOT OF FAILED SETUP. I mean, wtf....Today, I counted 4 consequtive failures. That's 40 ticks!!! So I decided I will trade with fibonacci. Entering at pullback and just one direction after it prove otherwise. With this method, I will reduce my trade A LOT. I may trade sober now.

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