This post is just a trading rambling. I wanna write down what’s going through my mind at the moment.
12-March-2008. Sunny day , 22 degree Celsius , Melbourne, Australia.
I have some trading problems. With result of February’s trading, I have achieved breakthrough of my equity and confidence. And, so far, I continue to be profitable in March.
I focus on the equity curve and focus on making new high of it. I am afraid of losing. Not even a dollar. I start to shorten my trading time frame. Trapped myself with small profit. Changing my stop level placement method (tighten my stops), and scratched some trades, chickened out some trades. I have totally ignored quality of each trade. With all these, I am still profitable. Crap, that’s the problem. This is not Gav’s style. This is a loser’s style. Do what you are good at, do what you believe in. Come back!
Forget about the new high of equity curve. Going back to your R-multiple graph. Work hard on making better trades, bigger Rs profit. Equity curve will follow when good trades are made.
OK, enough. I think I am awake now.
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