Back in business
|February 5th, 2016, 11:37 PM||#51 (permalink)|
Futures Experience: Beginner
Favorite Futures: CL
Posts: 2,149 since Sep 2015
Thanks: 758 given, 5,309 received
I've not updated this journal for a very long period of time. (And in fact this is not a journal but a bit of everything: system, personal thoughts etc...). But this does not mean that I have stop working. It is in fact quit the opposite. But the biggest work had been on myself.
I've work everyday during the last 5 month in order to design a trading system and I've succeeded in designing something that works beyond my expectations but until today I've traded it poorly. By poorly I mean making small gains everyday but missing all the potential all the time.
I've realized that even if I used (I use the past) to consider myself as experienced in trading in fact I was not. Most of my carrier I've been a market maker, taking small calculated risk for a small period of time with the money of my employer... That is has nothing to do with taking directional trades with my own limited financial means.
Of course the system I have designed is also a short term and very conservative one (doing the opposite based on my psychology would have been stupid) but on top of that I've put my ex MM psychology and habits which as lead to very depressing results compare to the raw potential of the system.
After many and many hours (days) of speeches with my best shrink (myself) I have finally be able to get rid of those habits
At the end I trade now only CL and I will start soon a new and real trading journal in the commodities section of this forum. I expect to start it by the beginning of March.