No ramble Intu, thanks for taking the time to write.
I didn't erase the system from MyFxBook...it is still there....but I do not make my systems public. This may sound odd but I have social anxiety and I think I would feel performance anxiety if I had everyone else peeping on me and my trading.
I'll say a couple of things to what you said--
Yes, I guess I do have an 'edge'. As I've mentioned in this thread and elsewhere, I managed to erase all my losses at one point-- 25% of the account! That is very difficult. But I had a good 2 weeks (up until this morning). I have been making 20% each week, trading very conservative sizes and only risking 2% each trade.
It's like a Jekyll and Hyde for me-- I do great when I follow my system and use money management. So great that even when I have days where I lose 10%, 15% I can rebound within the next few days. But because of my emotional trading (more like news trading), I take one step forward and three steps backwards. Had I not been fooling around and getting off track from my 'mechanical' trading I would probably be up 50% on the account only 2 weeks into trading (which is extraordinary, I know, but it is not as hard as you think with weekly goals).
I live in CST (USA), but I usually trade from Sydney open (late afternoon) to NY open (7:30 AM). I am in the process of changing my schedule so I sleep better and feel more refreshed in my odd trading hours.
For me, I think the biggest killer is impatience. I wait all day or even several days for a trade to develop and by then I am so frustrated with waiting I take early profits or get out at break even. And shortly thereafter, the trade starts taking off!!!
Or, the biggest trades with the best R/R ratio happen when I am sleeping. lol
But speaking of sleeping, I did make 200 pips profit on a EUR/USD earlier this week while I was asleep.
So maybe I just watch the market too much? I have thought about this-- if I have a system and a trade appears based on that system, and I apply position sizing and R/R ratios, and everything looks good....then I should just enter the trade, set the SL and TP, and close my platform. Because the trade is either A) Going to hit my SL, or B) Hit my TP. So I shouldn't be watching it. That seems to be my issue.
Aaargh the perils of trading. lol