mercoledì 5 marzo 2014

One last post

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One last postMarch 4, 2014I meant to make this post before the previous one announcing the decision to stop the blog.After a lot of reflection and analysis of February’s poor trades, if I had to point to the root cause of it, I’d say it was the refusal to take my losses on the yen pairs in late Jan / early Feb.The old proverb is very very true: The first loss is the best loss.Because I didn’t get out of those trades, my view of the market got progressively more distorted. One poor decision led to a string of poor decisions. As those trades slipped further into the red, fear crept into my decision-making leading to further poor trades.The lesson, the rule that I …


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