Wednesday, April 20, 2011

Blue Naitee lo Aunty

Be Yourself, Don't try to be someone else :  In all of my years as a trader I never traded more than a 50 lot on any individual trade. Sure, I would have liked to be able to trade like col- leagues in the pit who were regularly trading 100 or 200 lots per trade.However, I didnt possess the emotional or psychological skill set necessary to trade such big size. Thats OK. I knew that my comfort zone was somewhere between 10 and 20 lots per trade. Typically,if I traded more than 20 lots, I would butcher the trade. Emotionally I could not handle that size. Thetrade would inevitably turn into a loser because I could not trade with the same talent level that I possessed with a 10 lot.


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