Last Monday ended with 7850 lost. From a profit of 4500 to a 7850 lost. I think this feeling is the worst, knowing that you've won and lost it all.
My P/L before comm for the rest of last week.
26/10/10 3900
27/10/10 2950
28/10/10 1125
29/10/10 3400
After comm, I was up around 10k for the month of Oct.
This year has not been a good year for me. My losses have become so uncontrollable. Losing 10-20k a month is the norm but losing 50k a month, that is just too much. I only managed to win in Mar, Jul, Aug and Oct. That is really pathetic. Considering I been quite consistent over the last four years. Looking at my winning years, I was single and had no commitment. I had ample trading capital. In conclusion, I had no pressure at all.
This year, I have a wife and newborn to take care of. Furthermore, a 3200 monthly car payment. My expenses per month easily exceed 10k a month. Sigh....Being human, I like to blame others for my misfortune but all my misery is sown upon myself. I over-traded, took heavy losses, was too emotional. Most of the time, all I need to do is just walk away...
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