What I learnt this week is...

to never go on 'revenge' mode!

I started the week fairly well and was up about 40-50pips by Tuesday. Took Wednesday off (and missed the huge moves). Thursday I suffered a huge blow and was sent back to just +20pips for the week.

I was so dissapointed. I wanted to make all the pips back... really badly.

In the end I went on revenge mode. I made all the mistakes listed in the books of 'things you should not do as a trader'. The scary thing was - my emotions were so strong I didn't even know I was not thinking straight.

All I wanted was to 'get it back'!

It was horrible. At then end of Thursday, I lost all my profits and more. Thankfully, wife was there to support me.

On Friday, I started calmly. I traded well. It was night and day difference. I was so calm when my SL was hit, I wasn't too bothered.. because I knew I traded well. It's funny how that sounds but that's how I felt. I just kept going. When a trade presented itself, I took it. It was almost fun.

In the end, I made back all that I lost... and a bit more.

Emotions... are powerful things. Do not undersestimate it.