A lot of labour this week, just to break even after the stupid trade of last Monday. I had to lower lot size after this and as a result, the 65 pips won this week didn't gave any profit. Lesson learned... Win/Loss ratio dropped below 1,5, alarming sign. Too many risky trades.
Saturday, May 10, 2008
Weekly Stats : Week 23 (5-9/5)
A lot of labour this week, just to break even after the stupid trade of last Monday. I had to lower lot size after this and as a result, the 65 pips won this week didn't gave any profit. Lesson learned... Win/Loss ratio dropped below 1,5, alarming sign. Too many risky trades.
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I believe to achieve consistency one has to gain experience, it might be said easily that we need knowledge but I believe to keep the profits coming, it’s very crucial that we have experience. It’s completely possible to get stats like these but with the stuff that I mention above. It’s not even boring now days to gain experience due to brilliant brokers especially like mine OctaFX, I am using their 8 USD no deposit bonus, and it’s perfect to collect experience and knowledge to later work my way to top on real account!
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