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Tuesday 18 August 2009

Recovering From Losses

I started the day pretty well, plodding myself to a nice total by 16:00. Then some terrible luck hit me when my Internet went down for a good 15 seconds. Jumping over to my laptop I hoped it was my computer freezing but indeed it was the Internet. Its stupid me having no backup at the moment as these things happen now and again. But due to me possibly moving I'm waiting to install the second line.

When the Internet came back my position was terrible! The market took £1500 with the price already 6 ticks against me, and drifting like mad. I chased the damn thing up and people noticed and were just jumping in front of me knowing I'm in trouble. Damn you traders hehe! =p Long long after I finally get out for a nasty -251 all. Taking me down to a slight minus on the day. Frustrated but knowing I was trading well, I quickly tried to forget about the unfortunate incident and get on with it. I got my mind focused and went on a nice run to finish on a healthy total for the day. Recovering from losses that are your fault, or in this case not your fault are a massive part of trading successfully. Move on and keep positive :)


6 comments:

  1. Very nice result for the day! Good work!

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  2. Hello Jack, I have just stumbled across your blog and have added a link to it on mine. I was wondering would you do the same?

    http://conqueringsportsbetting.blogspot.com/

    Thanks
    Paul

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  3. Awesome results mate, what kind of bank/stakes do you need to achieve those sort of numbers?

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  4. nice recovery
    well done!

    trader1
    http://preracetrader1.blogspot.com

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  5. Hell Jack

    I am over in Ibiza and am just starting out at Trading. I was wondering what kind of set up do you have regarding screens, Sky TV, the platform you are using etc...

    As soon as the summer season is over will have plenty of time on my hands to through myself in to it.

    Keep up the good work

    Darren

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  6. krzysztof - Thanks mate

    Paul290603 - Added your link to my blog

    westie - Check out my comments under my first post. Should answer your question :)

    Anonymous 1 - Added your link to my blog, thanks for your kind words

    Anonymous 2 - Good luck with starting out, I will make a new post explaining my setup. Get a picture uploaded of what I use

    ReplyDelete

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