This month I won almost half the pips of those of January BUT the simple fact that the number of Feb trades is also half comparing to previous month, gave a positive monthly result! (3,92%) (much less commissions paid). I can't find better argument against ovetrading. Trades per day contained at 11,8 (double lots as always). Average loss below 10 pips for the first time.
Saturday, March 1, 2008
Monthly stats : February
This month I won almost half the pips of those of January BUT the simple fact that the number of Feb trades is also half comparing to previous month, gave a positive monthly result! (3,92%) (much less commissions paid). I can't find better argument against ovetrading. Trades per day contained at 11,8 (double lots as always). Average loss below 10 pips for the first time.
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I don’t think we should be comparing the results in terms of pips or profits because that is irrelevant to success instead we should see how much experience we have gained and how much discipline we have develop as for me that’s real growth and success. I work with a really established company like OctaFX, it has all the ingredients which include the famous 50% bonus, it is also useable for trading, so that’s what makes it so much better and profitable for the trader.
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