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Tuesday, June 16, 2009

a classic tale


Ascot high liquidity was not much of help for
me, in fact it was harder to trade with my stakes
being washed away by waves of larger money.

the lesson from today's trading was
you can keep your cool for two weeks
but one loss can drag you to another
and you can lose two weeks work in a
matter of minutes.

i am sure this is no news for most
of you, been there done that.

the question is can i prevent it
can i control my self or end up like
many other trader wannabes

i could not keep cool after losing
6$. if i did, the day would have
ended with profit. i took a gamble
which i would normally not do
and lost much more.

a classic tale.

you wanna be a good trader
you have to be able to take a loss

good luck tomorrow

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