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August 2006: Week 3 review

by Gav Leave a Comment

It is time to review result of this week’s trading. It was indeed a bad week for me. Negative begining, facing discipline problem, missing trades and close a losing trade on options expiration day. However, I closed the week in black again .

This week, in fact, I had more losing trades than winning trades. I was lucky, profit was big enough to cover the losses. The importance of let the winners run is shown. If kept taking small profit instead of giving some space for the winners run, I would most probably end the week with loss.

[photopress:Augustweek3.JPG,full,centered]

So far so good for August. Next week is the last week of the month Another 9 more trading days to go (that’s 1 1/2 week to go). My objective for the coming week will be ‘Stick to the darn rules, stupid!’

[photopress:Augustweek1to3.JPG,full,centered]

Filed Under: Trading Journal

Reader Interactions

Comments

  1. Michael says

    at 8:30 pm

    good job. Are you taking the “real” last week of August off? There are still 9 more trading days

    Reply
  2. Michael says

    at 4:30 am

    good job. Are you taking the “real” last week of August off? There are still 9 more trading days

    Reply
  3. Gav says

    at 12:36 am

    Michael: Thanks! Oops, I made a mistake again. That’s another problem when writing during wee hours of the morning:). I am not taking any off day.

    Reply
  4. Gav says

    at 8:36 am

    Michael: Thanks! Oops, I made a mistake again. That’s another problem when writing during wee hours of the morning:). I am not taking any off day.

    Reply

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My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

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