Oh dear, after the first two weeks it looked like I might be heading for my first green month, but around the 18th things started going pear shaped.
A 7 day run of reds weren’t improved by the winning trades of the 26th so that on the last day of the month I was needing to profit by just £33 to get a green month.
I tried really hard. Maybe too hard, resulting in some rubbish trades and also being too greedy on winning trades which then turned on me.
Then there was the disaster of this Nikkei trade, where the price action had a huge negative excursion. Most of the indices (Nasdaq, DAX, Hong Kong etc.) had that drop in price at 19:50, typical that that’s when I had decided to go long, the price subsequently recovered but I was long gone, licking my wounds.
Actually the day wasn’t as bad as it felt, with a 56% win rate, but the losses were larger than the wins.
How I regret the 29th (Bank Holiday Monday in the UK and also a holiday in the US so markets not at all lively) and the 30th (was in Chelsea so didn’t trade). Never mind, we battle on. Hopefully June will bring more tradeable price action and plenty of green.