Thursday 9 July 2009

Impatience - Can The Leopard Change Its Spots?


Lost patience again and wanted to concentrate on some spreadsheet work I have to do in an unrelated matter. Decided to close the short even though I'll probably be kicking myself couple of hours from now.

What I factored in when I closed position was that I had missed shorting the top due to my impatience. If I had correctly timed it and sold 1.4000 then I would have had 40pips. Due to my slopiness I only got out with 20pips.

This post is to remind me to be patient. Can a lepard change its spots though?! Discipline is the key for me.


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