Blog and Rants

There seems to be some weakness in premarket action. At least, I am looking at some selling of NQ in premarket. Overall, I am still positive on NQ. Opening weakness might provide some opportunity to go long. Patience is required now. Summary: Previous high: 1863 Previous low:1845.5 btw, I have finally changed the look of […]

Eyal has posted a link of personality test. I find to be useful. Maybe one should take this test before writing his trading plan. btw, I am ISTJ according to the test

Should you use indicator? Indicator or indicatorless? Let’s discuss

[photopress:counter.PNG,full,pp_image] I did a quick check out of my blog before I go out for shopping. Look at the counter. Isn’t it great? You know what I am saying if you understand Cantonese (chinese dialect). These numbers represent ????? which means A prosperous way to go! 🙂

Well, I achieve my goal, another profitable week. I missed the trade on Thursday, which was a mistake, I was not paying enough attention to trading. I start feeling good of strictly following my game plan. I basically traded with confidence. I only make 3 trades this week. Two winners and 1 loser. Total P/L […]

2nd trade of the day. Long position was established at 1215pm. That was the first pull back of new trend cycle. After getting stopped out in the first trade, I was extra patient to wait for a quality entry. Here it is. Small R. I trailed stop according to my plan and get stopped out […]