10.5 months to go to my deadline.
several conversations followed my emotional decline, with Mr France, my other two trading colleagues and finally one of my blog followers. Talk about having a support network around you!
Went for a long-walk along the Thames to gather my thoughts.
Valid points raised:
- psychology – seems like I have a losing mindset -> setting myself up for failure
- lack of my own strategy (in my view this means not being documented and clarified sufficiently) and lack of testing of the strategy (meaning I have produced profitable results in a testing environment over a large number of trades)
- don’t give up, keep going – I had set Oct’15 as a milestone – so stick to it
- Lack of appreciation of my current circumstances – I am in a much more fortunate position than many other aspiring traders
Overall a general boost of encouragement and “you can do it” messages from the trading folk around me.
On a sidenote, Mr France had an excellent day shorting the EURUSD – amazing it was exactly a week ago that Mr France was very distraught, just 7 days later he has more than made up for his “big loss” of that prior session.