8 dimensions

Trading has been less stellar. Have had 7 tiny losses in a row. Going pro dollar has been a bad idea lately (check the news). The worse is missing out on 4-6 trades that would've made me a lot of money...still young when it comes to dealing trading psychology.

Because of proper risk management account is down to 21.56% from 28%.

I have been working with a fellow from California since the beginning of Summer...who goes by 8 dimensions (Kangaroo Steaks was a trade guided by dimensions himself). He has been extremely helpful in my growth as a trader. He's been in the business for 10 years and doesn't use any indicators...just price, time, and fibs...along with the knowledge of how the banks took my 7% haha. He is my new mentor. We'll see if the 10 years of experience can rub off.

No Need to panic or be greedy. Just be patient and protect capital
-8 dimensions

Kangaroo Steaks

My last set of AUD/USD trades took me over the top. I had my first 4 digit day!!!

Below is a screenshot of the program I use to keep track of my performance since I have signed up (May 2009). The name of the game is capital preservation and risk management. I don't want to donk off my hard earned/long time coming/hours sitting watching screen starting capital.

After watching the most recent episode of 2 Months 2 Million. I've decided to make an effort to teach a mini-term session for Science and Math students. By teaching others...it'll enforce the methods taught by Forexmentor.


Enjoy.

The 5%

95 % of traders lose money (had a drawdown of 7.8% over the Summer)...I am beating the return one would get parking in an Wachovia savings account!!! Big step forward.

I had a record 4 winning trades in a row but two very bad trades last night...it's all a numbers game. Even if I have a 1-1 win-loss rate...I'll still but up due to risk/money management. Risking 1 to make 3.

Total account change (been live since January): +8.8%

As of today...I am part of the rare 5%!!!