My current focus

This page will list the areas of my trading that I’m currently focusing on.  I will update this list as necessary.  I will try to limit this list to those that are the most important & highest priority.

Jan 15, 2012

1. Overcome my fear of losing in order to:
1. Take more trades
2. Give my winners more room
3. Cut my losses quicker and accept the loss
2. Better time my entries – I’m routinely early and that reduces my profit potential.  My goal is to try to enter slightly late.  GoldTrader has told me to wait a few minutes or so before entering.  I may miss the trade, but the trades I do take are more likely to be profitable and that could improve my efficiency overall.
3. Improve my trading psychology by reading psychology books
4. Be healthy:
1. Avoid sugar & alcohol (see Sugar: The Bitter Truth)
2. Exercise regularly – I’ve been running about 45 minutes in the park 4 days/week.
5. Be more productive with my time
6. Be better prepared for each trading day – better quality of homework
7. Focus on just getting on average 2 pts/day per contract.