From 8 to 155 in four days

Hey there! Was not posting for a while. Probably was in shame for my reckless actions in the markets and my inability to stay away from inplay... So I finished February about -300 EU loss. Half of it is from tennis "STUPID ALL IN decisions". In that month I had some nice consistent weeks too, but somehow I screwed up. Lets put it in example, starting bank 50, after 10 days I am to 200, in next two days I blow my bank completely. Then I make deposit, take few days off, comeback and story repeats. So what is going on here?

"I NEED TO MAKE MONEY", this need was so bad that after every natural bigger loss or trading error I turned on RECOVERY mode, and with this mindset its impossible to see markets objectively without emotional discomfort. So after loosing everything, I needed to sell my photo camera to pay for stupid small debts that I had, believe me how much it hurts... but I need to take responsibility for my actions. So I took week off from trading, and even was thinking about quiting trading. But in that week made some good assumption that I don't need  TO MAKE MONEY, rather I need to see markets objectively, without any fear or greed. Thinking in this way I said to myself that it is a good opportunity to make some good new habits with very small stakes, without any need to make any money, just plain desire to play with markets, and to use what I already know about them, without any pressure to be good at this. And guess what? This approach worked nicely. So now in four days I am up 132 eu. Daily  scenario looks like this: 8 -> 20 -> 60 -> 80 ->155. It proves to me that I am not newbie and I know something about markets, and I can be consistent winner without reckless trading errors.

So what next ? After first withdrawal what I made yesterday I gonna order this book: "The Psychology of Trading: Tools and Techniques for Minding the Markets". I believe it will be nice reading in evenings. And who hates to read I can say one thing: "trading is your profession and your business, and if this material can have any slightly chance to improve your results you are stupid to not make attempt for your laziness to read" :) My main goal remains the same, to learn how to be consistent.


I am still working every morning with yesterday's charts. Actually these charts works okey only for 1.5 - 3 odds, for other odds it's not so good. So I put some nice charts here. SL stands for stop loss, XXX for exit, and ENTRY for entry. Actually one of the most important thing in the markets for me is to identify what kind it is: "swing market, scalp market or bouncy bouncy market", because you need to use different trading styles.

And some not so beautiful, got to take some losses here.

Gonna put more in near future :) 
Have an a nice and profitable day!