Hi,
I'm sorry for not posting because wednesday but I've been really busy at the office.
I've also been LOOSING big on my trading.
I really don't know what is happening, perhaps I'm not focusing due to my other activities on the job. The thing is that I lost half the account and it is getting harder and harder to do it right. Also is getting harder to need to state these things about big losses.
Well, life isn't just good and nice items, in addition, there are drawbacks and problems we have to confront.
I have lost some selfconfidence and also confidence on the system. It has not generated very good and powerful signals as it used to and there's also why I've been entering on bad trades and lossing powerful since thursday. I also have been buying too many lots trying to regain losses fast but tat has made me lose more.
I must comment about the very first losing trades I took on thursday due to the particularity of them.
I started too many lots and there was a time around the day I was loosing BIG, I was only about to have a margin call. I chose to follow my initial entering motive and prayed for the price to go my own way. I had to stay alert nearly to friday 4am EST and price came down back to my opening levels. It never went confident but that I could have closed my trades with small losses. I'd shut half of those trades using an small loss but I do not know the reason why I chose to go to sleep and also risk another two only in case price kept going my way the rest of the night.
Poor desicion! Price never went farther on that direction and I have stopped out dropping in total around 150 pips (do your maths)
On friday, with not much sleep time, I entered 3 trades which I had to carry until now and stopped losing.
Right now I'm also carrying my now's trades with not much action on price and with not much confindence about being correct.
I'm 5 pips upward on each.
At this time my equity is at $51.55 therefore, I think I'm back at least 4 degrees to level 7 or 6 depending on how my receptive trades finish now.
I have a lot of work to do to go back to level 11 where everything began.