+50k by year end

Discussion in 'Journals' started by kxvid, Mar 10, 2009.

  1. kxvid

    kxvid

    I am an experienced YM trader on the Xtrader platform. I am looking to trading other contracts soon, such as gold, bonds, euro, and a few others. I generally don't position trade (decided to quit after a big drawdown), but I wouldn't hesitate to if I saw a good enough opportunity.

    My (new untested) strategy is to withdraw any profits daily. I can't stand growing my trading account only to lose it. This is a big psychological problem for me, growing my account only to get overconfident and lose it. I believe I have a decent edge (albeit it narrower after high software costs on my small account). I am positive for the year, but not enough to make up last year's losses. I look forward to posting my daily performance here.