Blog and Rants

A little bit late, but here is my new year resolution Trading: Working towards a consistent profitable trader , I have another new year resolution for trading. Health: Get back to shape. I see my health condition dropping at the second half of 2006. I will pick up the gym gear again. I am only […]

I actually printed out my NQ trading plan and put it beside me when I was trading. I went through plan when making the trade. Just like an operator who is new to operate a machine. Follow the user manual, step by step, switching on the machine. Sounds stupid and funny? Well, that’s how I […]

Long position of NQ was established above 935am candle which is right above upward trending 9-MA. Stop loss was moved to break even point after 1.5-R gain. Well, I got stop out with 0-R gain. Trade summary Long above second bar high which was the first pull back of current trend cycle Initial stop loss […]

Was that because I had not been trading ‘too long’? or because I am not fully committed to my own plan? I bet 30% of the former and 70% of the later. I have been spending time designing setup, testing, reading charts, and writing the plan, and yet, the first execution was a failure. That’s […]

Yes, the stupid paper trader, that’s me. The difference between real trading and paper trading is I will never fail pulling the trigger when paper trade. This is the second time of the day. I failed to pull trigger in the morning (Singapore time) when trying to swing trade stock. What on the earth am […]

[photopress:image_00168.jpg,full,pp_image] My workstation First of all, Happy New Year! A great year starts from a plan. Here is my resolution for year 2007, well , a brief one. I have given some thoughts for my trading in 2007. Now , everything back to zero. I have gained a little bit experience from the past 6 […]