Tennis season started and I feel more confident about 2015 outcome. Comparing to last year January my trading methods evolved at a reasonable level. This year will be all about the psychology of trading. I realized that with best methods with 95% strike rate, the remaining percents can blow many banks if not treated seriously. Also the losing circle can continue until the necessary adjustments are made.
For me is reducing the time for trading, number of markets and sports. I have good results in US and AUS racing only if I trade one of them during a day. When I trade both all the profit is lost caused by mistakes caused by a decrease in concentration after a couple of trading hours. Reducing the time for a couple of months should help.
4 hours/day will be the maximum time for trading. Beside that I'll be watching some Tennis matches to develop the knowledge about the players. I have no profit target for 2014, it could go either way. If I sort-out how to improve my trading psychology I'll be collecting the results. The starting bank is small enough control the losses and keep me focused on development.