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Old 12-08-2008, 10:25 PM
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Kenny Rogers Kenny Rogers is offline
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Trading this month has not been smooth.

I had 11 consecutive losses at the beginning of this month, getting faked out one way after another in the ranging market. I was down more than -$3K as I was trying to find a real breakout. Prices would break support or resistance for a few pips, and then retrace back into the range. Luckily, I cut my losses when I was wrong. It felt like every trade after entry was going to losses at the beginning of the month.

Finally, I got into a decent trend (and luckily on the right side of the market) and rode it to the bank.

I wonder how many people would have changed or tweaked their strategies after 11 consecutive losses? Being stubborn (or some might say stupid) has its benefits, I guess.
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Last edited by Kenny Rogers; 12-08-2008 at 10:40 PM.
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