Trading for the month of March is over and it was a loser for me.  I lost 3.2% of my total account balance.  I don't consider this a set-back though.  It's just part of trading forex.  I'm up 13.3% for the year so I feel good about my chances going forward.  I did make some mistakes and one particular trade sticks in my mind.  Last week, I was certain that a trade would eventually setup according to my rules and I pulled the trigger before it was confirmed.  The setup never occurred and I lost.  I also got a little too "discretionary" with one of my systems and really missed some great trades.  In April, I won't enter a trade before my setup has been confirmed and I'm going to take trades that one of my systems generate without overthinking it.  

Overall, I stuck to my trading rules as I had the previous two months.  This month didn't work out like the others but I'm still not going to change a thing.  I'm on-track to reach my 18-month to 2-year goal I set before 2008 began.  

To see all my trading graphs updated as of today, go to My Forex Graphs

I hope you all had a great month trading.  As always, feel free to comment and let me know how you all did.

0 comments