STOP! Somethin’ is wrong here.. Though I thought of writing this in my monthly review later, I just can’t help thinking of the cause/reason of my mediocre March performance. OK, I am not losing any penny, instead, I am just having a FLAT month with a whopping 0.9 R profit to date. The months-long flu […]
When I wake up in the morning in Singapore, I see Straits Time Index dropped -157.74, the biggest one day loss I have ever seen since I started trading (It shows I am still young huh). and I see overnight NQ lost -87, YM lost -482. World stock markets plunged on Tuesday as fears about […]
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 […]
Few key patterns that repeatedly shown by failed traders. It is worth taking note of those.
I continued staying away from NQ today. I did not find any good setup before lunch hour. There was no clear strength shown from bulls and bears. NQ indeed made a reversed in the mid day. [photopress:NQ5minfulldaynotrade23Jan2007.jpg,thumb,alignleft] Now, I am kinda sitting for another test. Patience. This is another thing I have learnt from my […]
[photopress:NQ5minfull.jpg,thumb,alignleft]I have only made one trade today, after watching market till lunch hour, I decided to call it a day. No fun. It was a choppy morning. Yep, I got stopped out. In fact, that was a low probability entry. Setup was formed within a trading range. A better entry would be waiting for NQ […]