Wednesday, May 24, 2006

Awesome week so far

Oh yeah, this has been a fantastic week so far. I have 8/8 trades go my way netting me a total of 176 pips this week. I know this trend will not continue for ever. But, I will ride as far as it goes.
My account is sitting at a pretty 472 now. I'm almost halfway to reaching my goal now. I'm thinking of going live with a regular account once I double my current mini account. I will continue to push forward.

The one problem with having a good week like this is it makes you a little bit overconfident and you kind of think that you have mastered how to trade forex. I have to be careful that I don't get into mentality. One thing I have noticed is the more simpler your trading strategy is the better your results are. Keep it Simple Stupid !!!

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