Friday, December 2, 2011

Disicipline

How did e week turn out?

Sticked to plan in e earlier part but for the latter, forgot about it totally.

Actually what happened is, I was not sticking to the plan before that, just that things are moving in my direction. When it's time to exit, it's time to exit. When it's not time to put trades, don't. What's so freaking difficult?

Hence the discipline that is needed. Need to stop looking at the screen. Do sth more constructive like improvIng myself. The system so far so gd. Whipsaw week but still works profitable..

Will gap next week be filled? Hope not. It will be further down if that happens.

Discipline discipline

Tuesday, November 29, 2011

must really stick to the plan

entered 2 main trades.

EU hit 1.3372, entered a buy stop at 1.3322. Price hit, trade entered but price rallied. kena SL but lucky put SL. price rallied 70 pips past the stop loss (though well, price did reverse back to my original point)

yea yea was in office shouldn't have entered the trade.

Anyway price went up to 1.344x. What a waste I thought, if I have funded more into my account. Anyway then price started to drop. Entered stop order. Price hit. But not around to monitor price. Decided to put a hard TP at 50 pips. Basically R:R of 1:1. Price plummeted. Hit TP. moved down another 40 pips or so. Oh well, TP or TS, still same outcome, but could have done better to stick to the rules..


Trying, trying, still far from being a good trader

Monday, November 28, 2011

Back again

after more than 6 months.

I can't believe I started this blog so early on, but yet I nv managed to update it regularly.

My first post was written with such vigor and energy and determination. If only I had changed then, all my money would have been made back, with all..


lost more money..i still didn't learn from my mistake..

i need to blog every morning or evening, with my determination and plan..


Need to renew my plan and determination every single day, every single moment. bz with work, and seriously sick of it, to have the energy to trade properly.

I need to revise my plan. Need to persevere more, learn more, admit to mistakes more often.

write a long determined plan. stick to it for life


as i re-read my first blog. to win based on faith, to have the mission in this endeavor.

such noble and good aims. need to refresh it every moment

Saturday, February 12, 2011

i should

keep coming back to post at this blog. at least once a week. to make it my trading blog..

trading is not, and should not be tough. "rigid about your rules and flexible with expectations."- from the book trading in the zone

that's what I learn today. patterns really repeat and repeat. why say trading is tough? it's not. it's really just the mindset.

when can i change.. i must