Tuesday, 4 March 2014

My thoughts 6 weeks on

I'm writing impulsively (it's 4pm and I'm winding down work for the day) as the idea of posting an update suddenly appealed to me so unfortunately for you here I am :)

I'm really happy to report I've moved on very quickly. There's no point torturing myself about the loss, I tried something, it didn't work and I've moved on. I've immersed myself in my day job and am seeing positive results.

Writing anonymously allows me to be liberal with figures I wouldn't otherwise share with you, my purpose in doing so is to illuminate the context on my losses. Last month I made just a shade under £7000 which is double what I need to pass go. This is the perfect antidote to my trading losses and just the required response. I need to repeat that over the rest of this year and I'll be in a very good place.

I've been amazed at the figures for this blog, yesterday for example there were over 60 page views and given the fact I haven't posted for near on 6 weeks that's quite something. Now, I wouldn't want my experiences to put anyone off if they see trading as an opportunity, it may well work for you so if it does please post a comment and let everyone who visits here know. At the every least if you're thinking of trading or are a new trader then please read through my entire story, it cost me a lot of money to write and someone should benefit from it!

For two weeks after my loss I didn't even look at a newspaper and having deleted every trading reference from my iPhone I was in the dark. I can see now the index has recovered and is heading upwards again but for me it makes no difference. If I had 10 times the balance in my account I'd probably have been playing at £500 point so my character disqualifies me from ever playing this game again.

If there's one thing I'm sure of it's that you have to know what makes you tick and be brutally honest with yourself. I'm now really enjoying life, I don't have to watch Bloomberg or any trading newsfeeds, twitter accounts and I'm loving the freedom of not finishing at 9pm which was the case when trading the into the close.

Catch you later.......