Trading journal 01/04/2013

• Psychology is very important
• Actually, except for the crazy trading, I did perform better than before
• No one needs to rely on trading 
• A learning curve is expected
• Don't have any illusion that I'm born to trade
• If I cannot stop trading, I cannot trade at all
• New rule: 100 per month, lose it and done; if remain profit, another 100
• Don't listen to others' ideas, AUDEUR, USDJPY are just stupid
• Do some homework, some quants ones
• The market can go in any way, any story can kill a trade, unless a medium-term pattern is identified; Yen is strong on some investors taking profit and on the closure of European markets; Dollar is weak on weak manufacturing data and on the nerves after a all time high S&P; although the negative news about EURO is all over the world, it can still climb for its silence and weakness and other currencies. In fact, I strongly suspect the way the media and I look at the FX movement. AUDEUR seems attractive but it's total bullshit
• Following the news and seeing the flows are essential in FX trading; what I can do now? Pause FX trading for now, it's just not for me
• The strong performance in S&P and dollar is definitely fragile given the market reacts strongly to the weak PMI data. It's good to be on the net short side of the S&P while betting on the S&P FTSE spread based on correlation collapse.