Badly Browned and the Pips

Finally got my last three winning trades to complete the SRDC 21 wins requirement. With these last three wins, I got $874.64 total profit from 02 May 2017 to 13 June 2017. This translates to 17.49% ROI for less than a month and a half of trading. Not bad for a first timer especially considering that I wasn’t able to trade as much as I wanted because of the day job. SRDC definitely offers something really compelling to those who are interested in trading. What I love about it is that you can increase your potential by adjusting your schedule to give more time to trading when work allows it.

I’m beginning to trust my analysis. When I placed my trade for this 18th win, my analysis told me that the market will go down — it’s telling me to take a sell. So I did. And as the chart is wont to, it started to go the opposite direction, giving me the jitters. But, as my mentors and sub-mentors keep on repeating to me: “trust your analysis.” And so I did. Voila! Anxiety gone. I hope I can do the same when trading live.

Got my 16th and 17th of the required 21 wins for SRDC. Like my 14th win, my 17th win again tested my patience as the it came a day after I placed my trade. I am still adjusting to the schedule of being a trader while having a day job. The trick is to do the preliminaries: calculation, preparation of charts, action plan before the actual trade. This means allotting time for these and finding free slots in your daily schedule. It’s a learning experience. One thing I really have to learn is how not to keep on staring at the charts when I’ve placed a trade. This will make me more productive and be able to multi-task.

My 14th and 15th wins are a study in contrast. The former tested my patience to the limit as it finished several days after I placed my trade. In the time that elapsed, I began to entertain doubts about my analysis and felt bad about my decision. In the end, I took profit and I felt vindicated. In stark contrast, I placed my trade early morning of today and immediately took profit within the same hour. This got me thinking about my psychology and how I react to extreme scenarios of trading. At this point, I think I should feel neither doubt nor vindication and just trust in my analysis and the system with the understanding that there will be times that I will be wrong and that these are acceptable in the overall scheme of things.