One Percent A Day.

Hi,
I don't know (being a beginner) weather 1%(consistently) is low target...or to high to achieve in day tradind. But rather then to discuss about it...I'll just try to archive it....

So here's how we'll work it out....we are not going to discuss any strategies here....as after trading for 2 months.....I've learned that its not only your strategy decides weather you loose or win.... but its your mental behavior...how you handle your loss or win.
So I'll just post every day...what I've achieved.
By the way....in last two months...more then 80% of time, I had crossed that 1% figure...but unfortunately they were all on negative side...:rofl:
But positive side of the story is....it was not fault of my strategy...it was due to i never followed my strategy as planned...and why i did not follow my strategy??? well no new reason....that same old, Fear And Greed Factor....other wise I'd had made my target almost every day....
That's why I tell...for a beginner like me...its not only strategy...but it's how you control your Fear And Greed Factor....decides on which side of trade you are...on winning side....or on loosing side...

:thumb: All the best.

sAME HERE. ME TOO TRYING THE SAME THING.
FOR LEARNING PURPOSE I HAVE STARTED WITH 10K.
AFTER FEW SESSIONS OF TRADING I AM LEFT WITH 10K:annoyed:
REASONS ARE SAME AS YOURS
NOT FOLLOWING THE PLAN
TAKE OVER BY GREED AND FEAR

Today's Result: -0.75%
Total Result: -0.75%
Number of Days: 1
------------------------------
Average Result: -0.75%

pLEASE DO WRITE THE REASONS ALSO THAT CAUSE YOU LOSS/PROFIT

how much (amount)did you keep to trade

"Tomorrow is a new day".....whoever wrote this, should rewrite his phrase...something like....."Tomorrow is a new day-With same old things:!"...

so what went wrong today....first session was good....i was ahead with 1.5%....then I saw an entry point....I charged my key-board and mouse....and I entered into trade....so far every thing was good....I was thanking the guy who wrote above phrase...today was indeed a new day....
But all of sudden my candles started behaving like my wife....they were moving opposite to what they should have moved...though my SL was still away....I decided to exit trade with minimum loss....so I exited trade with about 1% profit in my pocket....but again my candles changed their direction and were moving in my trades direction.....I was confused....should i re-enter or not.....but as i was deciding, candles were running fast...so i decided to enter that trade again....though it was late entry..i entered...
But for me, lightning strikes every time on same spot....so rather then re-typing all, I'm copying and pesting above para one more time....
But all of sudden my candles started behaving like my wife....they were moving opposite to what they should have moved...though my SL was still away....I decided to exit trade with minimum loss....so I exited trade with about 1% profit in my pocket...

Ah! this time profit was left about 0.5%...and again...same thing....candles were again into my trade's direction...but this time i decided to take revenge on market.....i entered again...i knew it was not good idea to enter...but i entered...i wanted my earnings back....and that too with interest:annoyed:....so this time i was fully prepared for worst....i had made my mind, i will not leave this trade until i get my profit back...
Though market U-turned again...i was standing there....i was standing there like a tree stands against wind.....soon it reached my SL....I didn't cared....it passed my SL....like Virar Fast passes small stations... still i was in mood to fight....fight till end...
I was again preparing myself for further worst....But all of sudden my big brother asked me "Hey bro...weren't you in profit this morning?" WOW...at that time i realized I'm a trader and not some bollywood hero...so I packed-up my trade ASAP....but damage was done...tree was no longer standing....and I was again in negative zone...:rofl:

Though my amount is small....but for me pressure is same as it'd be if i had invested big....

What i've learned AGAIN......no need to enter same trade for three times....:lol:....
Jokes Apart...again I failed because of fear factor....otherwise the trade which was about to give me 3%...not only took away my entire profit...but left me in red zone....
So moral of the story....we are traders...and not some bollywood heros....so no use of taking revenge with market.....

Lets see what happens tomorrow...after all "Tomorrow is another day"