I am leaving to Malaysia tomorrow. It is time to celebrate Lunar new year with my family and enjoy my mum’s cooking. 🙂 It is a tradition of my family to have reunion dinner on Lunar new year eve. I’ll be back to trading next Thursday. This is year of Boar ? . I wish […]
Rant
Quote from Linda Bradford Raschke
Linda Bradford Raschke mentioned some wisdoms of short term trading in The New Market Wizards: Conversations with America’s Top Traders. I put a great deal of effort into getting the best entry price possible. I feel this is probably one of my strongest skills. In day trading, a good entry price is critical because it […]
Another quote from Paul Tudor Jones
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 […]
Month in review January 2007
I start the year with new trading plan and focus on NQ futures (E-mini Nasdaq-100) trading and one setup. In total, only 10 trades were made this month. I closed the month with 5.31 R. Well, more works need to be done.
Postmortem 29-Jan-2007: Lack of patience
Nothing much to write about todays trade. It was the result of being impatient to wait for a good setup. I took an very poor setup. I am not going to think too much over this trade. In the business of trading, you pay for your mistake. I start testing my strategy in E-mini Russell […]
Test post on new server
This is a short post. If you are reading this post, that means you are on my new server. charts might not be available yet, I am still rushing for some configurations.
