Sunday, November 8, 2009

Can you believe this chart?

First thank you all on your comments of support.

This is my YTD performance and it drove me mad few times. Well I drove myself mad with doing mad things in the first place.
This time blow up really surprised me, I wasn't expecting something like this lately. I had very good run and without for me before usual averaging. I was only thinking how much further into positive side can I move account in two months that are left in the year.

After first blow up in the beginning of the year, three times I approached break even and then ensued new big and fast loss.

Problems with trading on positive side is something very subjective and individual to me. I believe that I had blow up because of feeling uncomfortable being on the positive side. Don't ask me why I feel that way, or I felt that way. It's up to me to clear that out however odd does it seems to feel it.


12 comments:

ORION MACHINE said...

Interesting to see. At least you notice you feel strange pressure when your in the positive... many people are never aware of their emotions, they just become them and be ruled by them.

Risk Control Master said...

Do you want to link to my blog at: http://riskcontrolfx.blogspot.com/

Risk Control Master said...

What if you take out half of the money when you get to 100%?

FX said...

RCM I linked your blog. I don't take out the money out because I want to grow account. But I understand your suggestion.

Yeah Orion, I can notice my emotions and that means that I will address real problem. That doesn't guarantee success in trading because after all I can find that my motives for trading are fake and there are no real ones. But I'm not saying that yet, it's just a possibility.

StockHunter said...

wow, thats a bumer man

FX said...

:)

ANON said...

That hurts =/

Think you'll continue trading?

PS: Sometimes people feel uncomfortable winning/doing well. I know it may sound weird, but it's an emotional response that people do develop. Then by "failing," people sometimes find a way of reducing the stress and anxiety felt from the success. Just an idea that I've come across before.

FX said...

Hi ANON, well yes

"Sometimes people feel uncomfortable winning/doing well. I know it may sound weird, but it's an emotional response that people do develop. Then by "failing," people sometimes find a way of reducing the stress and anxiety felt from the success."

that sounds pretty much correct. I doubt that I will stop trading, I'm just feeling disgust and fed up with whole situation

FX said...

I will give you an option next time when I approach zero to short my account as an instrument :))

ORION MACHINE said...

haha, Im late to the joke... bummer... I was gonna say on second look, now is time to BUY some equity in FX's portfolio...

ANON said...

I'll go long too =)

ANON said...

PS: Want to link my site http://anon-marketnotes.blogspot.com ? I follow forex, too (among other markets). Take care FX.