My first week 27 jul - 1aug
This is my first week of real trading with a $350 and im down 57% this week , i feel like *****. I have really studied intensively since january together with a demo account. My system was rather profitable in the demo account but once i began trading for real it was not working. I lost a lot and have a horrible loss-win- ratio.
I was selling eur/usd expecting a sell, good tech analysis, horrible timing, it was a down market but did not profit , then i was expecting a support line, never came, still hit lower, i used a correct stop loss ($18) each time, then when i was stopped out quickly then i immediately bought again ,then stopped out, again and again from 15630 - 15546 till today friday equal to 57% minus.
I have to improve someway my decision-making criteria but not sure how.http://www.informedtrades.com/images...s/confused.gif The only thing i profited was to get to know more about my emotions/decision making. I know this is not a one week & perfect system process but i really have to review my system! Easy said... but i feel im missing some key aspects. Hope you can give me some thoughts or suggestions, thanks!
pd. i stil have left 8 ($18) trades, should i maybe only snipper (5-10pips out), or stay long, reduce my stop loss, no intraday trade??
Saludos
This is my first week of real trading with a $350 and im down 57% this week , i feel like *****. I have really studied intensively since january together with a demo account. My system was rather profitable in the demo account but once i began trading for real it was not working. I lost a lot and have a horrible loss-win- ratio.
I was selling eur/usd expecting a sell, good tech analysis, horrible timing, it was a down market but did not profit , then i was expecting a support line, never came, still hit lower, i used a correct stop loss ($18) each time, then when i was stopped out quickly then i immediately bought again ,then stopped out, again and again from 15630 - 15546 till today friday equal to 57% minus.
I have to improve someway my decision-making criteria but not sure how.http://www.informedtrades.com/images...s/confused.gif The only thing i profited was to get to know more about my emotions/decision making. I know this is not a one week & perfect system process but i really have to review my system! Easy said... but i feel im missing some key aspects. Hope you can give me some thoughts or suggestions, thanks!
pd. i stil have left 8 ($18) trades, should i maybe only snipper (5-10pips out), or stay long, reduce my stop loss, no intraday trade??
Saludos