i have been trading for 3 years+, The first year was like a absolute vain losing thrice and wining once or the wining ratio much lower always kept on blaming some or the other like electricity problems , internet problems and i had to go out..I just bluffed myself so that i feel good never see the debit messages early morning but boast a lot of the credit messages.. Days kept on going like this many times i blow my account. Then i met a guy who taught me the first how to identify trends at least . I had no idea what i was doing before
After a while i started trading on the day bar , things started to improve ...I started to feel heroic and started taking wild risks and then i started catching fishes , my hands burnt there too due to greed ..I hardly payed any attention to the money management when things got good i used all my money without any planning ....I got handsome returns within the month...My portfolio zoomed up like a spike , i kept on going like this and so the spike inverted , all in vain again blew my account
Again felt disappointing that what is the problem , cant find although....
But then i solved some good money management rules for myself..my limits and permitted instruments that i should touch....then the third year had some other surprises for me still left , Initially Things again went good for some days but then i went through a draw down , seems this year i have constitutive losses in a row i haven't faced any winning trade from a long time....I am here and don't know whether i have forgotten how to trade or what the problem is ..! how many surprises are still left....
After a while i started trading on the day bar , things started to improve ...I started to feel heroic and started taking wild risks and then i started catching fishes , my hands burnt there too due to greed ..I hardly payed any attention to the money management when things got good i used all my money without any planning ....I got handsome returns within the month...My portfolio zoomed up like a spike , i kept on going like this and so the spike inverted , all in vain again blew my account
Again felt disappointing that what is the problem , cant find although....
But then i solved some good money management rules for myself..my limits and permitted instruments that i should touch....then the third year had some other surprises for me still left , Initially Things again went good for some days but then i went through a draw down , seems this year i have constitutive losses in a row i haven't faced any winning trade from a long time....I am here and don't know whether i have forgotten how to trade or what the problem is ..! how many surprises are still left....
Nothing Wrong in Strategies.. Whatever strategy one may adopt.. Adherence to " Self made Rules is a must".