Thursday, August 20, 2009

It HAD to happen sooner or later....


After a remarkable string of winners, I now have a losing trade.

To be frank, this was NOT a failed trade.

In fact, it did what it was expected to do.

The problem was ME (yeah, yours truly).

I had wanted the trade to give me a 1:1 R/R, simply because I was enjoying the amount of money that I was making.

Do you see the problem? I was trying to "force" the market to give what I had wanted.......rather than simply take whatever that the market was prepared to give me!

Stated differently, I wanted more than what the market was willing to give.

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