Friday, August 6, 2010
Single trade returns
Those who know me personally will know that I don't like losing, especially money!
That's one of the reasons I've tried so hard to develop a trading methodology that results in lots of profits, and very few losses. It's over a year since I (effectively) settled on a way to trade with a high 'sleep-at-night' factor.
And I'm still tweaking it, as this graph of my last 1,142 trades shows:
If you know where to look, you'll see several distinct periods, where I used take-profit closes rather than manual closes, or where I tried stop-losses rather than trust my research/skill/diligence etc.
And the human-error trades show up, such as where I closed a losing trade when I was trying to open a new trade! Those who know me will also remember how much stomping and yelling I did when that happened!
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