Friday, January 22, 2010

weekly review.

1: review the trade this week during the weekend.
2: update charts in this blog.
3: write weekly summary for each trading day in this blog.
4: review the goals and rules.



1/17/2010 -146
1/18/2010 15
1/19/2010 39
1/20/2010 6
1/21/2010 16
1/22/2010 26

6 days of trading and lost -44 pips overall, other than the first day, all positive. And missed a big game changer on 1/19 (+150 pips run missed)

Until now, I have total of 52 trading days and 11 pips average a day. Just need to keep this in mind in case I'm aiming for some unrealistic gains, and it will also remind me when to take some profit.

This week's goal will be the same:
1: write a plan and follow the plan.
2: Take profit at 1R and let the rest run.

3: Think of this trading blog is someone else, try to critisize it and find if the entry/exit make sense at all.

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