31 January 2011

First good day in a little while.  Been analyzing myself and have decided I think I've gotten to the point of undertrading.  The majority of the time my intuition is correct, and if I followed it every time I'd make enough pips that the times it didn't work out would be covered.

This whole, "grabbing 5 pips a session" thing is dangerous because you are constantly hanging on the edge of oblivion, especially with how volatile everything is.

I have to be extremely careful with adding and follow my hard rules on it, because that will burn you so damn quick.  I also have to be very sparing when adding, only add on another setup, like another level.

Stats:
Net Pips: +17.1 pips
Trades:  6
Winning Trades: 4
Pips/Trade:  2.9
Win %:  67%