Back to solid trading today with a decent +20 pips added to the bucket. Although I wasn't taking many trades earlier this month, we ended up with a very modest +87 pips for the month. This is about 1/4 of what I'm shooting for based on my training goals. I'm not too worried about this, considering I hadn't been going full out until the last couple weeks. We'll see how much we can improve this in April.
LT
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The Psychology of Handling Large Drawdowns
6 days ago
4 comments:
Very cool! I'm doing some paper trading right now too with the plan to go back to real money in May. Also, part time as well 2 1/2 hours a day. Good luck. Found you via Jules.
Charlie,
Glad to see you. Are you trading Forex, Futures, or stocks?
LT
Hey LT, sorry I didn't click the email responses to this thread and didn't see your comment - read your posts via reader and typically never come to your actual site.
I'm mostly focused on stocks right now. I'm paper trading to get consistent results before going back to a retail prop account that gets me past the PDT rule and access to more capital.
I monitor Futures daily for market direction / trends. I have done some real and paper trading in Forex using a promotional account that funded me with a free $25. These experiences have given my some background to follow bloggers that don't trade stocks.
You are on a great streak right now!
Charlie,
Cool, good luck with you endeavors.
Thanks, yeah I'm really trying to work on my head at the moment. This has been helping me get a lot closer to my goals.
LT
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