Thursday, 14 January 2010

January Blues

Awful, awful, awful is the best way to describe January for me. Again nothing performed for me today and i am left with yet another draw down on the old account, oh well, again we take it on the chin and move on. I trade in a live trading room and it seems January is proving to be a sticky patch for a lot of traders. This is where your emotions come into play, need to keep them Demons away - keep the faith, the trades will come, there's a random distribution of wins and losses, the good trades are on the way.....

S1 gave me a -30 today as the Cable has been stuck in a range for most of the day. S2, yet another -15 and S3, another -25, so not a great morning.

The Dax strategy didn't perform again, 2 trades made, 1 loss and 1 B/E.

My results are below for the month so far:
S1 = -10
S2 = -60
S3 = -85
Dax = -28

As you can see not a great month, but you can have weeks like this, maybe the next 2 weeks will be better or it may just be a losing month, but again it is how you deal with them that counts.

On to tomorrow now.............

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