Saturday, June 6, 2009

Results of my last 2 weeks.. Last week was NASTY!!!

Hi

I am sorry for taking too long to post my results... This last week was nasty and there was a few bad trades in a row which any day trader hates to see.. Money management is what saves a good trader... Anyway people say if you have few bad trades decrease the lots or the stakes of your trade, I say exactly the opposite.. When you have few bad trades increase the stakes...

If you know what you are doing and if you have a high winning percentage with your strategy then if you had a bad trades the odds are the next trade will be a good one. So for a fast recovery increase the number of lots safely till you cover the loss.

That's what I did, I win 8 trades out of 10 so if 2 or 3 bad trades happen in a row then the next few trades are most likely to be winners.. So I increased the stakes and recovered, even better ended up in a profit..

Check the statement and I am glad that all those who are getting my signals are making money every week ;)

Have a good one.

Becky

No comments: