Blog and Rants

Here is another piece of trading rule from Paul Tudor Jones, quoted from Market Wizards: Interviews with Top Traders. The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. I […]

It should be a decent day for YM, though I am not trading it for the time being. I did not see any convincing setup in NQ futures today. Though it gapped up in the morning, and market looked kinda bullish for the day, my conviction that NQ bulls were weak was rather strong, I […]

I was once thinking maybe I should not post details of my trade online. But anyway, I continue doing this now. I just came back from office , yes, 545am (Singapore time). I received an urgent call after closing my position. My office network was infected by Virus,causing .exe files of systems being deleted. Tell […]

Here is my trend table for this week. Probably, we are seeing trend of NQ and YM start turning down. [photopress:Week12Feb2007.PNG,full,alignleft]

I read an interview of Paul Tudor Jones. Here are some good points that I would like to share. “The secret to being successful from a trading perspective is to have an indefatigable and an undying and unquenchable thirst for information and knowledge. Because I think there are certain situations where you can absolutely understand […]

I reviewed my trade, and found a mistake that I have made. Basically, I have ignored my own trend evaluation system as I have mentioned in my earlier post “Defining a trend“. So this post just serves as a note to myself.