Hi Kerry,
I want to wish you a Happy Thanksgiving and many thanks for everything. My trading has become less stressful and much more manageable thanks to your guidance. I am posting my November equity curve and proud to announce it is my best month thus far. I am only trading a $40,000 account and I am up about 5% for the month. Prior to working with you I had never experienced a winning month. I always managed to keep my losses small but each and every month I would lose a few dollars. I know I have much more to learn as a new trader, but I finally feel I am on a path of understanding and proper direction.
The dip in my equity curve this month was a very impulsive trade and it cost me. Had it not been for that one trade I would be up over $3,000 dollars for the month.
It only takes one trade to diminish your results. I now have that trade posted on my wall to remind me that impulsiveness takes away from one’s hard earn profits.
I am taking the remainder of the month off for the Holidays and will use the time to relax and take my mind off the market. I am looking forward to December to continue my new found discipline and see what my trading brings me. My goal is to trade near impulsive free for the next 3 months. I will allow myself to have 1 impulsive trade per month as I do not feel my discipline is strong enough currently to eliminate all my impulsiveness. Compared to a few months ago I am 10 times better than I was before and now had my first winning month. With only a few days remaining, no need in risking my profits and will go experience some much needed down time.
Thanks again for great advise and help.
Warmest Regards,
Jim P.
Jim,
Always great to hear about other’s successes and their growth as a Trader. Best wishes and Happy Holidays!
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