Open trading account 
Finally I closed my first profitable position yesterday
I am sticking with my positions this month however long it takes,
it is all part of my new strategy, it is the new me:
let me explain;
Up till now I have been racing for the stars, making most of my profits in the first couple of days of the competition,
but after blowing up my accounts last December and January,
in December I could have come in third - in January I could have won if I had kept my cool!
I realized there is a downside to rushing in and taking the best seats:
you become reckless and think you can do anything - you stop thinking straight,
you jump into positions before thinking it through - feeling invinsible
I'd like to thank daytrader21 for also pointing this out to me
- I suggest that you watch the webinar he writes about in his blog-post -
and I am glad to say: I know now what it is, and how I can change it
So, the new me analyses the market carefully, and waits for the right moment to strike,
closes his positions at the right time, weighs his profit vs. loss expectancy,
takes time off to start over on a new analysis after closing positions, takes time off before and in the weekends
I believe now it is better to take it slow and spread your positions and profits over the whole month,
I will let let you know how it works out for me
Gl
Btw. Strategically I will be looking for more Eur weakness, I will be also closely watching Usd/Jpy to see if it remains bearish
I am sticking with my positions this month however long it takes,
it is all part of my new strategy, it is the new me:
let me explain;
Up till now I have been racing for the stars, making most of my profits in the first couple of days of the competition,
but after blowing up my accounts last December and January,
in December I could have come in third - in January I could have won if I had kept my cool!
I realized there is a downside to rushing in and taking the best seats:
you become reckless and think you can do anything - you stop thinking straight,
you jump into positions before thinking it through - feeling invinsible
I'd like to thank daytrader21 for also pointing this out to me
- I suggest that you watch the webinar he writes about in his blog-post -
and I am glad to say: I know now what it is, and how I can change it
So, the new me analyses the market carefully, and waits for the right moment to strike,
closes his positions at the right time, weighs his profit vs. loss expectancy,
takes time off to start over on a new analysis after closing positions, takes time off before and in the weekends
I believe now it is better to take it slow and spread your positions and profits over the whole month,
I will let let you know how it works out for me
Gl
Btw. Strategically I will be looking for more Eur weakness, I will be also closely watching Usd/Jpy to see if it remains bearish
