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Old 07-28-2007, 05:51 AM
kermut kermut is offline
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Join Date: May 2006
Posts: 59
kermut is on a distinguished road
Wink discipline, discipline, discipline

Well, this just re-enforces my view of trading being more mental than anything else. Made two trades, +16 for the day. Should have closed platform, and gone and joined the family. But then greed took over, wanted to be part of the action a bit more as I "knew" the yen crosses were going down. Got in, and like the pip god personally decided that he was going to punish me for being undiscilpined - it went against me!! Undiscipline compounds undiscipline, changed my sl, as I "knew" it was headed south. It went up some more. Eventually closed it out for -20, so -4 net for the day.

Strategy for next week - report to the wife after each trade, am sure she will be able to prevent me from going back to the computer after daily target is reached

On a serious note, I am extremely happy with the method, and really look forward to next week with rad's rules.

Cheers,
K.
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