7 Performance Questions
1. What will i improve on next week?
I will work on taking profits and locking half of my spot trades at 15pips.
2. What was i most proud of this week?
My increasing ability to locate, identify and pull the trigger on trades that made 100plus pip moves.
3. What was my biggest accomplishment this week?
Same as 3, ability to indetify ahead of time moves that may play out.
4. What have i done to get closer to my life goal this week?
Put in 30plus hours watching and checking charts, setting up plays and becoming the trader i envision.
5. What was hard for me this week and why?
Chasing price and bad money management. Then not scalping the move as it profits, instead letting winners turn into big losers.
6. What was my biggest waste of time this week?
I ended up missing a few sessions, due to not being rested, so i napped thru PreLondon, while i should have napped in the afternoon so i was fresh. Being fresh has made a difference, i do notice i have lost a lot of trades and begin over trading as i tire. This week was better in that when tired i allowed myself to nap or sleep.
7.What did i do this week that made me ashamed?
Bad money management, due to fear of not making my 35birthday goal, so over leveraging to build my dwindling account. I will work on accuracy, when the accuracy is good i will leverage selectively. Also a trade i had on at work, i was highly leveraged but did not have a stop ready, unfortunately an alarm came in...long story short i was $600 in profit at the apex of the trade, but because i had to put a hasty profit target and stop in i ended up losing big on the trade.
Friday, August 15, 2008
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