[Posted: January 15, 2012]
Win, win, win big loss. Win, win, win big loss…. repeat, know the feeling?
What’s it all about? It can’t be the market all the time. I drive myself fecking nuts with this at times…
Hopefully the new year is proving a little more prosperous for everyone.
So far, for myself it’s not been such a good start. I’m in profit obviously, but there have been a few moments of turmoil this last week or two. It just seems to be the usual repetitive cycle that has caught up with me.
I struggle to explain why it happens; but I’ve mentioned it before if you’re a regular reader. I could do with finding the way of taking myself of this ‘vicious circle’ as it would seem. It’s purely a mental thing, I know it.
Just before new year and towards the start of this year I’ve had some really good results. My trading has improved a huge amount, I’ve had a little over a handful of £300+ trading sessions.
I’m not sure if that’s why, but it’s almost like the profits have gone to my head? Subconsciously I mean…
I’ve mentioned before, once I start to reach a level where I do really well and try to crack on that little bit more – everything goes to shit. It’ll often happen once I start the day by having a couple of £20 – £30+ markets. I try to push that little harder for some better results and it ends in disaster!
This weekend im a few quid down (see below). Although if I work it out I’ve made the best part of six hundred quid this week, a lot has been burn through these blips.
It’s purely a mental thing, as you can see below;
[Not a good weekend mentally – read results from bottom left to top right]
I think im going to drop my bank down and start to build it back up again. Hopefully that’ll help me back to consistency before I end in a bit of a low stage and it really does go pants!
Does anyone else find this happens to them? it frustrates the hell out of me!
I remember “Chris Cringle” on his Christmas trading blog saying he drops his bank at stages to stop him getting in too deep. Can’t help but wonder if this is what he means…. but I want bigger results ?! Hopefully I’ll look back on this at some point and laugh.
Having a good one!
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