Friday, November 9, 2012

Day's Anatomy- 9th November 2012

Yesterday saw me up 28 pips within the first three trades which I then drew back to 10.2 pips by the end of the session (as always, the numbers are before costs). I traded past my daily tgt just to prove to myself whether it was still necessary. It is. The quality of my decisions after moving too far away from zero- in either direction- decreases dramatically. Hence the need for daily stops/targets.

Today was the kind of day I much as anyone can enjoy a flat day at least. Even though the end tally doesn't match the hypothetical one, it offered all kinds of lessons to anyone who was listening. Seeing exactly where you went wrong is half of the battle.

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