just a small mid-week note...
for my trading style, this week the market isnt ideal.
it is very important to know when to trade lighter, or step aside. i feel this week is one of those.
i had made some profit all 3 days, but due the more sporadic trading and reduced lot size * about 30% less then usually, and most entries are singles),
this week so far 'only' at +0.5%.
have no fear, the month is still nicely up, and there is another 6 trading days left this month to make a little more profit.
it is highly unlikely to beat the October results, but it isnt a race.
doing just the same may still result a new exciting opportunity.
next week i will be able to talk to one Australian private forex hedge fund manager.
he is looking for traders. and looks like he wants to talk to me.
only mention this, cos we are all looking for some sort of motivation. this is one here.
for me, but may as well be for any of you. to know, it can be possible. it is possible.
google is our friend, so, i searched the name, it always pays to be at least a little prepared.
the guy is the real deal, with a 15 million $ house. google IS our friend! lol
of course it may be nothing, but just to get a little sneak peek into the bigger league is exciting!
how i get there?
in this case it is my 250k Fixi trial fund that may trigger the interest...it is a connection from that line whom asked to arrange a talk for next week.
the point is: it is a 3 months track record handling that 250k ( notional) for Fixi.
the lesson#1 is: it may take a lot less to the next step that i thought, and probably what most of us thought.
the lesson#2 is: doesnt need to have huge monthly returns, but worth to focus seriously on the downside volatility. it isnt that sexy, but maybe the road "to highway"
the lesson#3 is: it is possible. there are opportunities. small and big. the journal thus far shown how things can evolve in a couple of months. even exponentially.
i know most like to think that trading for ourself is the preferred way.
the truth is, if and when you look, most of the traders who make it bigger trade for others, ie manage funds, as private traders, prop traders, hedge fund traders/managers.
in turn that money can provide the capital to later solely trade for ourself, enjoy life, retire, whatever.
the ultimate lesson: it is important to build a track record! and preferable one with low volatility and low drawdown. this can be done alongside with a full scale trading account. but it should be done. cos the future opportunities can depend on it!
so much about motivation!
i will update on this later next week, if anyone interested.
for my trading style, this week the market isnt ideal.
it is very important to know when to trade lighter, or step aside. i feel this week is one of those.
i had made some profit all 3 days, but due the more sporadic trading and reduced lot size * about 30% less then usually, and most entries are singles),
this week so far 'only' at +0.5%.
have no fear, the month is still nicely up, and there is another 6 trading days left this month to make a little more profit.
it is highly unlikely to beat the October results, but it isnt a race.
doing just the same may still result a new exciting opportunity.
next week i will be able to talk to one Australian private forex hedge fund manager.
he is looking for traders. and looks like he wants to talk to me.
only mention this, cos we are all looking for some sort of motivation. this is one here.
for me, but may as well be for any of you. to know, it can be possible. it is possible.
google is our friend, so, i searched the name, it always pays to be at least a little prepared.
the guy is the real deal, with a 15 million $ house. google IS our friend! lol
Inserted Video
of course it may be nothing, but just to get a little sneak peek into the bigger league is exciting!
how i get there?
in this case it is my 250k Fixi trial fund that may trigger the interest...it is a connection from that line whom asked to arrange a talk for next week.
the point is: it is a 3 months track record handling that 250k ( notional) for Fixi.
the lesson#1 is: it may take a lot less to the next step that i thought, and probably what most of us thought.
the lesson#2 is: doesnt need to have huge monthly returns, but worth to focus seriously on the downside volatility. it isnt that sexy, but maybe the road "to highway"
the lesson#3 is: it is possible. there are opportunities. small and big. the journal thus far shown how things can evolve in a couple of months. even exponentially.
i know most like to think that trading for ourself is the preferred way.
the truth is, if and when you look, most of the traders who make it bigger trade for others, ie manage funds, as private traders, prop traders, hedge fund traders/managers.
in turn that money can provide the capital to later solely trade for ourself, enjoy life, retire, whatever.
the ultimate lesson: it is important to build a track record! and preferable one with low volatility and low drawdown. this can be done alongside with a full scale trading account. but it should be done. cos the future opportunities can depend on it!
so much about motivation!
i will update on this later next week, if anyone interested.
there is always, always another trade!!
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