My trading is improving, although not as quickly as I would like. I still am getting caught by the market swinging against me quickly, but at least now I am getting out. I think I have learnt that lesson now. Although it is hard to take a definite loss rather than hang on to hope that the price is turning around, it is safer over all. I need to assume that if the price turns against me then it is going to keep on moving against me and so getting out is the only option. It is better to take a scratch trade (back and lay at the same price) than to take a loss. As long as I am not moving backwards, in the long run, I am heading towards my goal. At least now my bank should grow rather than get a hammering!
"How to Stop Losing and Start Profiting"