Thursday, March 22, 2007

NLP and psychocrap

Do not blame the job, blame own behaviour for physical exhaustion and sleep depravation. It is necessary to disconnect the brain from thorough thinking or else rest does not come. I also recognize it is imperative to focus on the task of trading and not get distracted. Try turning the PC screen off. Forget artificial lights at night, try have natural light/dark cycle dictate sleep patterns.

Wednesday, March 21, 2007

Not got it

Today I did not pick good entry points and stops. Not so with levels. Identifying at what price the battle plays out appears not to be a problem, but is getting in at the right time and in the right direction most definitely has been. Constantly getting stopped out at the extremes!!! Only two winning trades, result of trailing stops, but because they were triggered profits did not hit maximum potential.

14 roundtrips, -44 p&l