Friday, November 14, 2008

Week In Review 11-14-08

I was able to improve my performance this week after feeling a bit out of control over the last two weeks. I made 5.07R for the week. Unfortunately, I decreased my position sizes by half for the whole week, so my profits were cut in half as well. That's OK, because reducing my position size allowed me to get back to my old trading habits and kept me from getting overly emotional with each trade.

After my stupidity on Tuesday, I made it a priority to keep my losses small and avoid over-trading. I feel good about how the last three days ended up (a 5.25R gain). Now if I can just keep things in check and continue to trade this way, the month should end up pretty good (hopefully).

No comments: