Greetings there its been a long time since i last made a entry so i thought i would say a quick hello .I am currently visiting my parents and while i am here i been thinking about my forex trading and i thought to myself this is going to be a big year for me both financially and career direction , i aim to be a successful trader and have written out a pretty detailed plan that if i stick to should be more highs than lows (sounds good in theory )and the good news is ( lol if you can call it that) is i will document what i trade and will post it as i am doing it so you may be able to trade also if you wish.
First off i have a shady trading history started well and then i had a big slump trading against the trend on the AU and paid dearly for it was a lesson i learnt well , I also fell for the old no stop loss trick and have flattened the account several times doing this another painful lesson
while on the plane over from Perth i wrote out a list of things i have to do and stick to it religiously here are some of the things i wrote down
First off i have a shady trading history started well and then i had a big slump trading against the trend on the AU and paid dearly for it was a lesson i learnt well , I also fell for the old no stop loss trick and have flattened the account several times doing this another painful lesson
while on the plane over from Perth i wrote out a list of things i have to do and stick to it religiously here are some of the things i wrote down
- Always maintain a healthy margain
- Stick to the London and US sessions greater volume in the trades
- Trade with 2 monitors one for broker the other for news and economic events and research
- Wear Lapus Lazuli (Edgar Cayce said in his reading that wearing it on your skin increases intuition)
- Have a clean nice enviroment to trade in with incense and music to get you in the right mood
- Study books on swing trading and price action
- Never trade with alcohol or drugs
- Stick to a few trade pairs in this case it will be Au and Silver
- Set a goal for January aim to be profitable
- Put the ego away it comes out pretty strong after a successful session
- Operate from a comfortable chair comfort is essential for clear thinking
- Eat healthy and exercise regularly it increases blood flow to the brain to help better decision making
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