Wednesday, November 14, 2007

Today's record: 1-4-1

Yes, that's right. 6 trades, 4 losers, 1 breakeven which is actually a loser less commision, and only one small win - stopped out for a small profit on a trailing stop.

So, what am I doing right? I am keeping my stops tight which keeps my losses small. I am generally being patient. I am recognizing opportunities.

What am I doing wrong? (Besides losing money). I am perhaps keeping stops too tight, certainly trailing them too tight, and I am not acting on opportunities.

How to correct the things I am doing wrong? More screen time and fewer interruptions during the day.

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