That's precisely the problem with DAILY chart trading right there, if you experience a string of losses (even small and manageable ones), it might take months or even years before your recover from the temporary drawdown and make a profit. Personally I cannot do it, no way I am going to wait from New Year's day to Halloween or Christmas just to recover from a few losses on the daily time frame!
Trading signal for today May 13: Buy AUD/JPY on a limit at 95.60, 25 pip stop. (Trade at your own risk)
Good afternoon/evening Boskop. I noticed that you are trading off the daily charts but your holding period is unusually short for that type of time frame. Oh well, as long as you are making money, who cares? Keep up the good work