Here is the update from yesterdays long trade in the S&P. As you can see from the carrot to the left, this trade was exited early today with a profit. The overnight hold SP system has had 5 wins in a row now, although this one was a small win.

The day trading system, has two consecutive losses, which were the two I displayed last week. This is the world of trading. At times everything you have will hit on all cylinders, and at times some things will be working well and others will not. My Bond system has had a couple of losses as well.

Keep in mind that even trading systems with 80% accuracy, still have 20% losses. If you experience one of the 20% losses in each of the systems being used at the same time you can still get crunched pretty good here and there. This is why I only expose clients to one trading system. It minimizes the volatility in the account balances. When you do get the 80% wins all happening in all of the systems at the same time, that is when the real money is made.

The reality of trading is important to be aware of at all times. Often it seems so easy, and at other times, very difficult. It is of the utmost importance to keep a level head and go about your business. Especially for someone like me who exposes my trades to the public, and my clients. I am always open to criticism, so having a strong belief system in what you are doing is very important. That is equally true for all of you. Do not second guess what you are doing. Once you have a plan for a trade, stick by it come hell or high water. If it fails, learn from it so that you will do better on the next trade.