Sunday, March 1, 2009
Glad to see the back of February
As the title suggests February was a bit of a disaster mainly caused by two big mistakes on two days. I think this has also led to a lack of confidence in my trading. Recently I have just made lots of bad trades. Therefore I have consistently lost on the Horse Race trading. This has again made me question if I should continue to trade them. Most of my mistakes have stemmed from holding onto positions too long a common mistake among traders. Some of my other sports have continued to be profitable e.g. football although most of that was from one game. The figures were slightly better than this as I made £130 on the Australian markets. The most annoying thing is that I have undone all the good work from January. I am now looking forward to March and a lot more trading opportunities.
I hope to post a bit more but when things aren't going well it can be quite difficult to share the bad news.