Thought I’d better post this on the basis of fair disclosure 🙂
After doing some soul searching I’m taking a bit of a change of tack, based on some wise comments from pb8856 & Simon on my last post… I’m temporarily suspending my FX trading using real cash for the simple reason that I seem to suck at the basics and it’s beginning to bite. I reckon my success:failure ratio is about 1:6 and that’s just not near good enough.
My intention is to actually figure out a strategy that works for me and ‘practice’ implementing it before blowing up my account 😉 Not as exciting to read about potentially but still, that’s really not the point.
The bruise on my forehead from banging my head on the brick wall is starting to hurt.
Still trading, still learning, onwards! Except until further notice (or in specific cases) all trades/comments will be based on using demo money. Not what I’d like to be doing personally but given the current feedback/results showing woeful performance I think this is the sensible option for now.
Humility – realising that you’re being an arse and doing something about it…
Thanks for all the help, comments support – all of which I’m very grateful for.