Friday, March 20, 2009

review for the week

I had no losing trades for the week (therefore no updates throughout the week). The main reasons for the fine result were:
  • I waited patiently for perfect setups; if I didn't know something, felt confused, or missed a move, I simply didn't bother trading/chasing it.
  • I focused on having good entries
  • I let the chart & market tell me what to do; I didn't get greedy and exited when the market signals weakness.
  • I traded with bigger size actually, and managed trades by scaling in and out.
One week's result doesn't reflect much, but such results from this quadruple-witching week certainly signal that I've matured somewhat as a trader.

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