What I Had Hoped For Has Not Happened

January 19, 2007 by Trader Rich 

I'm still struggling this week, now down a total of 131 pips in January.  It doesn't look as bad because I started out January with 247 straight winning pips.   Since January 8th, I'm down 378 pips. What I'm trying to get at is that things could be better.  Things could be a lot worse too though.  I haven't strayed from my trading strategy and have not impulsively took on trades.   One thing that I had hoped for though hasn't happened.  I was hoping that by using the Lien Schlossberg service, their trade signals may balance out my own personal losses.  What has happened mainly is that I've broken even for the month and their signals have been most of the share of losses.  It may sound like I'm placing blame but I'm really not.  Since I'm mixing their trades in with mine, I want to make sure I keep everything in perspective so that I can still accurately measure my own performance.  I'm sure there will be a time when I am contributing more to the losses and their signals will be helping to balance things out.  I guess I'll just have to wait and see.  

I'm not exactly sure how long I'm going to use their forex signal service.  I'm definitely going to give it until the end of February.  The more I listen to other people's signals though, the more I doubt them and the more faith I place in myself.  This may be ultimately where I stand at the end of February; using my own judgment only.  

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Comments

One Response to “What I Had Hoped For Has Not Happened”

  1. Craig on January 19th, 2007 12:55 pm

    Lose the signals Rich, if it was that easy everybody would be rich (no pun intented). You were doing OK before, trust yourself. You still sticking to one symbol?

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