Did I miss the forest again? By looking at the chart of NQ after closing bell, I “should have” earned couple more Rs “if” I hold on my position instead of moving my stop to lock in early profit. (I would have been stopped out also even though I only moved my stop to break […]
Trading Psychology
No trade; Patience vs temptation 1:0
There were some swings in minutes chart of NQ. There was no clear trend, or should I say that the trend was changing couple of times, intraday. I had to be extra cautious and patient to stay out from being chopped around. I did not trade yesterday, however I saw some opportunities in shorter time […]
Postmortem 04-Jan-2007: Make yourself available
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 […]
Postmortem 03-Jan-2007
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 […]
The stupid paper trader; Trade that got away 03-Jan-2007
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 […]
First Kiss of 2007
[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 […]
