Poor dad Rich dad vs Poor trader Rich trader ~ 12 Apr 2021
The best trading plan is only as good as we execute it - entry and exit
We Resist What We See but Believe What We Want
Make possibility to reality!
Believe it
Wait for it
Ride on it
NO Fear of Missed Out! NO Greed!
Be Discipline!!!
Look inward to understand own system own problems to improve. Do not need to hop around for others’ best strategy. The biggest enemy is ownself while the saviour also ownself, with free resources online.
This is just record of my trades to be improved from time to time. I am still struggling in helping myself being consistent but will never give up!
I have been poor for years thus I shall wait patiently for seconds, minutes, hours or even days for signal confirmation before entry, following my friend of trend. BTW short term signals MUST come everyday, just need to wait for them patiently.
I am using few indicators in my trading system including Bollinger Bands, MACD and many more lagging momentum indicators.
Trading hours: GMT +8, 0600hrs-2359hrs
Entry strategy:
Follow trend of M15/M30, entry by M1/M5
Buy: BB breakout
Sell: Candle pattern, LH
Holding till momentum exhausted
System Strengths:
System Weaknesses:
Killers Zone:
Toward successful trading life:
Man: Myself, My subconscious, Mentor, My Wife, who
Method: Trading system, how, when
Machine: Mobile phone - MT4 - ICMarkets, PC, what
Material: News calendar, entertainment when awaiting signals, what
Environment: Comfortable home base, where
Risk assessment:
1. Money management
2. Time management
3. Health management
4. Family management
Goal: To Achieve Financial Freedom by year 2024
Targets:
1. To be profitable every month by Jan 2021
2. To profit same as current monthly pay in a day consistently, > 75% trade days by end of 2021
3. To be full time trader by Jan 2022
Below is Vesak holiday trades at home.
Entry after pin bar formed at H4 with higher low.
The best trading plan is only as good as we execute it - entry and exit
We Resist What We See but Believe What We Want
Make possibility to reality!
Believe it
Wait for it
Ride on it
NO Fear of Missed Out! NO Greed!
Be Discipline!!!
Look inward to understand own system own problems to improve. Do not need to hop around for others’ best strategy. The biggest enemy is ownself while the saviour also ownself, with free resources online.
This is just record of my trades to be improved from time to time. I am still struggling in helping myself being consistent but will never give up!
I have been poor for years thus I shall wait patiently for seconds, minutes, hours or even days for signal confirmation before entry, following my friend of trend. BTW short term signals MUST come everyday, just need to wait for them patiently.
I am using few indicators in my trading system including Bollinger Bands, MACD and many more lagging momentum indicators.
Trading hours: GMT +8, 0600hrs-2359hrs
Entry strategy:
Follow trend of M15/M30, entry by M1/M5
Buy: BB breakout
Sell: Candle pattern, LH
Holding till momentum exhausted
System Strengths:
System Weaknesses:
Killers Zone:
Toward successful trading life:
Man: Myself, My subconscious, Mentor, My Wife, who
Method: Trading system, how, when
Machine: Mobile phone - MT4 - ICMarkets, PC, what
Material: News calendar, entertainment when awaiting signals, what
Environment: Comfortable home base, where
Risk assessment:
1. Money management
2. Time management
3. Health management
4. Family management
Goal: To Achieve Financial Freedom by year 2024
Targets:
1. To be profitable every month by Jan 2021
2. To profit same as current monthly pay in a day consistently, > 75% trade days by end of 2021
3. To be full time trader by Jan 2022
Below is Vesak holiday trades at home.
Entry after pin bar formed at H4 with higher low.
Attached Image (click to enlarge)