The “blind” trading continues, but instead of AU-UK session, I decided to try it on NY session also. Here’s the result:
As mentioned in my entry here, catching up on the recap blog post now for the 2nd half of August. I’ve continued trading “blind” (though I read the news and figure out the overall sentiment at each start of the week, I don’t read the news yet on the day and hour I trade, I let the chart patterns and current price movements speak for themselves and trade accordingly, usually umbrella trade if risk is a bit high and I align them to my weekly strategy). Thankfully I got better results, but because of that, I won’t be able to add more input about what economic news could have possibly triggered the price movements, which is different from how I usually do recap (even my separate trading journal now has less “essays” haha the moment I switched into “blind” trading). Here are the results:
Image from Quotefancy.com
Been very happy with my performance lately, aside from recovering the NFP-related loss I had few months ago, I love the fact that I’m back to my regular groove now and showing consistent gains once more in my live trading account:
This is part 1 of 2 of the 1st half of August recap which ended pretty nicely–late blog post because I’ve been busy tweaking my trading strategy and in the process of testing out 2-3 new strategies I’ve come up with (and squeezing in some Minecraft play time sesh in between because why not? It’s fun and highly addicting, not to mention it seems to be psychologically helping me trade better–more about that in another post).
July had been a cool month despite only partly recovering from the NFP trading mistake I did. I learned a lot such as the following:
I’m back! Though I admit I still feel down about the NFP thing– not because of the carnage itself, but because it’s my fault the losses happened and I had the power to prevent them in the first place. Anyway, I’m happy to move on and realized other things I missed previously:
So basically I started and continued this week on the green, and ended on the red, all thanks to me being an idiot and deciding to join the Friday NFP carnage. I would have actually survived if only I followed and waited for the levels I initially set here instead of jumping off the US Non-Farm Payroll cliff, or jumped but followed the strategy here and not trading like a drunken cat.
Anyway, here’s how my week went in detail: