-10.7 pips = - $107


I need a break. If my results don't show it enough already then today was the nail in the coffin. The first two trades were at $1 per pip so the loss was equivalent to a normal $10 per pip trade. The third trade was my normal size. I won't be trading again until next Tuesday. I'm mentally tired of losing which is further pushing me to do things I normally wouldnt do.

I love having losing months.

October: -27.9 pips

-12.7 pips = - $127.03


Another handful/few days like this and I'll once again be reducing my trade size. I'm obviously moving my stop to BE too early on many trades.

- 11.9 pips = - $119


Something once again needs to click in my brain. When I'm struggling to find entries that make sense to me I need to figure out a way not to force trades and be OK with it. One of the more frustrating things that happens multiple times during a trading session is seeing price take off in a direction I didn't even anticipate. At least if I can anticipate it then I'll have a chance of catching a trade.

+ 7.3 pips = $73.00


One trade in the evening to help me shake off this mornings horrid performance.

- 15.5 pips = - $155.02


Massively out of sync with the market today. Horrible trading.... yes, it could be worse. But when the goal is consistent improvement it doesn't get much worse than today IMO.

- 4.9 pips = - $49.20


I couldn't get any quick price extension from my entries. Break-even stop outs all day long. yay!! =)

+ 4.9 pips = +$49.96


Two undisciplined trades (circled in red) made the difference between a +15 pip session and a +4.9 pip session.

+ 5.5 pips = +$55.00


Opened up my trading platform after work to see a low spread on Oanda so I decided to take a trade. Perhaps this can become more of a routine?

- 3.4 pips = - $34.02


I look forward to the day that trading is much less of a struggle.

+ 16.1 pips = $161.00


When I trade and I know that I won't be taking a signal over the next X number bars I will often web surf to fill the time. I've always figured it didn't really have a big affect on the signals that I take because there is a certain amount of "a signal is a signal" .... the signal to enter will be there or it won't and between the signals is only noise so I can surf the internet in between trades. I have learned from experience this week, at least for me, that what I thought was only noise in between entry signals does serve a vital purpose in my trading performance.... it keeps me in rhythm.

This is especially true in the short-term trading that I do. I compare watching the chart with no pending signal to a soccer player watching the action even while the ball is on the other side of the field and doesn't look like they'll be needed over the next 2 minutes. It would be ridiculous to watch a soccer player pull out their phone to surf the web while the action is away from them. Similarly its ridiculous that I do all these little mini web surfing sessions while I'm trading.

I suppose the genesis of the mini web surfing sessions occurred because they used to help me stay relaxed while my money was on the line. But I no longer have an issue with staying relaxed and surfing the web in between trading signals is taking me out of sync with the market. It's costing me money in terms of missed trades because every time I finish surfing it takes me a minute or two to get back in rhythm.

Going forward I will only be watching the charts as I'm trading. My focus will wax n' wane depending on where the action is but my attention will always remain on the charts.

-16.5 pips = - $165.02


Another incredibly frustrating day. I could point out a few positive things but I gotta go to work.