18m 29s: Lenght

The end of another Forex Ratio Trading month, and well I guess I can say that things are back to normal. Coming off a hot streak where we took the Live Room account from 17-38% ROI, this month we were only able to increase the account by 3%. Although this number seems small in comparison it's important that we not get over confident with our past results. Yes we've been on a heater for the past 3 months but we don't want to let that turn into overconfidence. Basically what I'm saying is that we need to take advantage of the good times, but not let greed effect us when they start to even out. Around this time last year we were up around 44% before a December drawdown which put us at 42%. This year is looking very similar. With only one losing month in the books (same as last year) we now approach a historically bad month up 41%. Although my goal is to do better than last year, I need to make sure that I don't let that personal goal affect my trading. A simple mistake such as over trading in the beginning of the month can be potentially devastating as the opportunities dry up as we approach the holidays. Luckily, because of my performance record I no longer feel as if I have to impress anybody which was how I secretly felt during the first year of my Live trading room. Regardless of what December brings us, I'm very pleased with how the year went. I can feel myself growing as both a trader and a businessman and well there are a lot of things I'm looking forward to doing in 2014. First things first. December is around the corner, so as always I need to forget everything from this past month and start from scratch once again. Akil Stokes Head Trader at Trade Empowered www.TradeEmpowered.com