Up 2,500 points this month

Sep 14

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The market is back in full swing and we have been rewarded handsomely. In the last 24 hours I have had some nice gains and I am on track to another good month.

Perseverance goes a long way in this business. I started out this month from behind after  losing 4 trades in a row and digging myself into a small hole. I continued to execute my plan and manged to make back my losses and then some. I have also brought my batting average back to a respectable level.

The best way to pull yourself out of a losing streak is to have amnesia when you approach new positions. You got to forget about the last trade and how much you made or lost and move on to the next trade. Every trade is different and you do not want your emotions spilling over to the next trade. This allows you to stay focused and execute your plan based on what you see is happening instead of your emotions taking over and dictating what you do.

About Reginald Ringgold

Reginald Ringgold is a Forex trading instructor, Institutional trader & market professional. Specializing in Forex and Futures trading with a focus on technical analysis, price projection and money management. Reginald has several years of financial services experience. He has sat on the board for several successful corporations in California and Nevada, and is the Author of the Billionaires Business Blueprint, A step by step guide to building a corporate entity, obtaining financing and protecting it’s assets. This experience inspired him to teach others on the importance of financial discipline. Reginald understands the importance of encouraging entrepreneurial interests among youth and adults young and old. He has spoken throughout the country to kids and young adults on the importance of money management, goal setting and his “The sky is the limit philosophy!”. Reginald has a firm belief that with hard work knowledge and preparation “The sky is the Limit”.

Posted on September 14, 2012, in Forex, Futures, Uncategorized and tagged , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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