We got back Sunday from driving to Pennsylvania. There wasn't really a funeral and all the details had been taken care of before hand, so there wasn't really a lot to actually do, as when Cathy's brother got burned last spring and we went to help him get better.
We stayed at Cathy's sister's house, which has no internet connection. They used to, but opted, for financial reasons, to keep cable and cancel internet. So, obviously, I couldn't trade during those two weeks, but after I got back I, as closely as I could, tracked what happened those days. Not much good. I've now had 9 losses without a win, and only four break-evens since the last winning trade. Last night I decided to change the system just a bit. I am changing the 1-pip cushion on each side to 7 on the short side and 9 on the long side. I had already added about 2 and a half points to the long side because of the spread, against the advice of the author of this trading plan. Last night's trade would have been a break-even either way. I just noticed that so many of the trades were going down (or up) and just barely grabbing the entry and reversing. I don't know if that is because of a lot of people trading this method or if the author is just full of bullshit about the claim that this method works. It's all I've got right now, though. I'll practice trading this way for a month or so and see if it works. I'm obviously quite a ways off from being able to trade live. That's okay. It will be a couple months at least before I can add to my account. That trip set us back more that $500 at least. I'm not sure we'll be able to pay our mortgage on either property this month. We might take the money and file bankruptcy.
Friday, February 5, 2010
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