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!