2010-9-10 -EURJPY -SHORT (failed)

Just yest I met up with my trading friend, H. Being a seasoned full time trader of 5 years, he reminded me that Trading is very diminishing on ur self esteem... cos u are constantly proved tat u are wrong thru lost/fail trades... out of 10 trades, expect a norm of 7 losses and 3 wins... the impt thing abt surviving is to ensure that the $ value for all the 3 wins still surpass the total of 7 losses....

So, the odds are against me.... Mr.market will keep telling me tat I am wrong... but I have to self motivate and keep going!

2010-9-10 -EURJPY - SHORT