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Tuesday 24 July 2007

July 24 PL -3k

Screwed up by placing a 10 lot scalp long on ER2 before it made its treacherous descent. Let a 1k day turn into a fat loser. I'm absolutely disgusted with myself. Thinking I can get a small profit on a 10 lot and then I get kicked in the face. If I had stuck to the plan of using the correct position size, today could have been a great day. Instead I feel like quiting and I feel disgusted with myself. I told myself short only today, and somehow I screw myself over like always and go for scalp with a 10 lot. Trading is all about using the correct position size at all times. The one trade where I go for a 10 lot scalp I get absolutely crushed. IDIOT, IDIOT, IDIOT. WTF were you thinking. Never again.

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