Dear diary,
What am I doing here? I am indeed having some bad days recently, both my personal life and trading. Both hit me hard , emotionally. Well, that’s not the point of this post.
I was chopped out by E-mini Nasdaq today. And I missed out the trade of Dow mini. The problem here is not the effectiveness of trading strategy (i.e for me, it is dummy trading), it is the sharpness of a trader that counts. I was not paying enough attention to YM (Dow mini).
Dummyspots.com has some good articles on dummy trading and dummy spots illustration. Go and have a look.
So, do the bad results recently prompt me to stop posting my trades on the blog? Not at all. In fact, I found it useful and I will continue doing that for the time being.
If you are unwilling to fail, sometimes publicly, and even catastrophically, you stand little chance of ever getting rich.
Anyway, this should be a light week, and I will be flying to Taiwan next week for a break.
Success truly is the result of good judment. Good judgment is the result of experience, and experience is often the result of bad judgment!
Gav,
I know times can sometimes get tough (I’ve been through that too), but the important thing is to keep your head high and keep your eye on your ultimate goal.
Most successful people had to go through rough spots during their lives – so just consider this as being part of the process.
I think it’s a good idea to take some time off in Taiwan, just to get your mind off things so that you can come back fresh (this has done wonders for me in the past).
Hang in there and just remember: time can conquer all.
I wish you all the best and a safe trip!
JC
Gav,
I know times can sometimes get tough (I’ve been through that too), but the important thing is to keep your head high and keep your eye on your ultimate goal.
Most successful people had to go through rough spots during their lives – so just consider this as being part of the process.
I think it’s a good idea to take some time off in Taiwan, just to get your mind off things so that you can come back fresh (this has done wonders for me in the past).
Hang in there and just remember: time can conquer all.
I wish you all the best and a safe trip!
JC
JC, Thanks for your kind words.
You are right, I need a break to sort out my mind.
I am sure,I’ll be back.
Have a good day!
Gav
JC, Thanks for your kind words.
You are right, I need a break to sort out my mind.
I am sure,I’ll be back.
Have a good day!
Gav