Wednesday, 27th February 2019

Not the greatest performance from me this morning!

Took all my trades during the Tokyo Session last night and saw my positions turn a wonderful profit. However, this did not last very long after London Open as the market decided to change direction, I expected to see price correction in my anticipated trend direction but it turned out to be a reversal and I found my positions to be on the wrong side.

Yes, I am a human and I make mistakes too! But the important thing is that, even though I saw more than half my trades go wrong I still managed to end the day on a positive note. How? Because my winning trades were bigger compared to my losing positions. Is it the end of the World? Of course not, I will start Fresh again tomorrow and trade like I do every day.

Remember, the biggest mistake you can make as a trader is to curve fit your strategy to the market. Once you start doing that, you quickly lose your edge and start trading with emotions which only leads to a bigger disaster. There are no "what ifs" and "should haves" in this business, had I used a trailing stop, had I used a break-even stop blah blah. You learn to react with what you see overtime and not change your strategy just because you did not do well on any one particular day.

Here are my trades for today, Wednesday:

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Get ready for March,

Tipu

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