April has proven rather rough, but losses have been well contained at -5% (after expenses). On previous occasions, when opportunities have been few and far between, I have tended to ramp up my risk and try to force a profit. On balance, this approach has paid off, but I know it is the equivalent of playing with fire. This time around, decent opportunities have been thin on the ground but I’m trying to ride out the dry patch with the patient approach. This is far less taxing psychologically, and it also give me more time to do my rain dance and ask the gods to bring back the good times.
PS – I’ve introduced a point of ruin at £9,000. At this level, I will accept failure and close shop.