5/30/2010

May 30th results

As said earlier, this week was terrible for 1 minute daily again. One of the trades got me out earlier because I moved my SL to BE+, but at least it wasn't a loss. I had 19 trades this week, 3 of them were other system, pinbar price action trades, from which 1 was win, 2 were losses. For 1 minute it was 5:11, which is very bad. I believe it will change soon. Hopefully I will learn how to avoid trading when this system doesn't have good results... If any of you guys here reading it trade 1 minute too and have an idea how to avoid these bad times I would appreciate it if you could write it in the comment:) Thanks and let's believe in better future!:)

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2 comments:

  1. vic773June 4, 2010 at 10:11 AM

    I know it can be distressing to have a drawdown month like this, but historical data shows that usually after a drawdown month, a very profitable month or two follows where losses are recovered and then once again pushes even higher into profits.

    Of course, no guarantee as we can not predict the markets, but take some comfort from the long term past history… that better times are ahead! :)

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  2. SlurpeeJune 5, 2010 at 2:12 AM

    Hi vic773,

    I hope (and think) you are right...:) This week is like a light in the tunnel. It reminds me that we have to stick to a plan that works and not change it every time we have a loss or two...

    I hope you are doing great!

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