I've had a bad month. Lots of the bad habits I thought were recognised surfaced again and I made lots of the old mistakes. The end result was 2% gain for the month of August when it could have been a lot more.
But...
I checked out the projectfx website and saw that of the 54 live accounts that the show only 15 made a profit in August - I was number 14.
In the 5 months since I 'restarted' my trading I have had one month with a 5% drawdown. All others have been profitable with a running total of 25%
My results are actually very good and if kept consistent would give a nice steadily rising equity curve and the basis for a good income.
So, I am faced with the choice of feeling a failure for all the mistakes I made or feeling a success because in comparison to most traders - and my previous trading results I am a success.
The more I believe the success the easier it will be to avoid the mistakes.
I'm off to read Trading in the Zone - again!
All the best
Michael
Keep up the good work!!!