Wednesday, September 30, 2009

September 2009. results

+240 pips

+17%

I had nice profitable month. I really need it after June blow up no matter how did I manage to achieve it. Now I can aim toward more reasonable trading that I think already started this week.
Plan is to aim for small number of pips with strict control of losses, no wiggling around. Also building size of positions if my results are positive and I behave totally disciplined. I can't trade larger amounts of money if I can't obey stops and risk parameters. So I turned toward scalping where years of screen time give me advantage.

I found quite an inspiration in blog that I recently came across. I read all posts of The forexbird and it's incredible how scalping works for him and how he became much more disciplined now then in the beginning of the blog.