ForexSpirit

I came across an interesting technique in reading ‘The Spirituality of Success’ this evening.  I’ve come across many an interesting tidbit or thought in this book, but today’s was to express emotions by always following the verb ‘feel’ with an adverb, otherwise ‘I feel…’ is just a substitute for ‘I think…’

Dirk made a comment in this morning’s daily briefing that quite a few people had closed out positions instead of waiting for a position in the red to come back into the black.  I wasn’t quite in that same situation, but looking back on it I felt uneasy.  Apprehensive.  Slightly fearful even.  That the dollar would gain more strength; I would be unable to enter positions in Q1 due to my gearing being tied up with my positions from Q3.  I also had a technical hitch whereby TradeNav would not show real time data for yesterday morning, so I did not see that prices had bounced off 1.27 for a third time.  Maybe that would have changed my emotional state, but I don’t think so.  I have a new frame of reference for future decisions though.  My thinking has changed, which is the best knowledge I could have gained, which will hopefully lead to future profits.

Today seemed to be primarily a range bound day.  I entered a birthday trade which hit its profit limit of 35 pips.  I entered another buy limit order for the same entry point as the first trade which got hit, although price seems to be meandering into Q2 again.

For today’s trades I updated my FxSol demo account to use micro lots so those entries are for 1.5 lots.