Okay now this is interesting and it shows the vengence of markets so clearly.
Happy with 77 dollars profit, okay baby now lets see where you can go from here now...happy and i guess greedy for more (this is what the market says). This is where the casino effect of market comes and the one who wins the casino effect wins all. This casino effect, I have learned today and learned at a very big PRICE of $ 292.80. The big LOSS.....because I broke my own rules; I entered the market again and burnt myself; and this testifies that greed in combination with breaking of rules is a very inflammable condition.
This also testifies again that the "holy grail" only lies in between our ears and no where else. I am the driver of the various tools. It will take practice to drive them properly.
Again, I accept this very humbly and thank market for giving me this lesson at a very small cost.
So here is where my account stands currently at the end of this week. But I appreciate the education market have given me in this week. I will never forget the following figure: two doji candles was the place of my entry.
So at the start of this week I started with $500 and by the end of this week I have the following:
Net loss of $ 112.81 (500-387.19)
Absolute loss of $ 292.80 (679.99-387.19)
Current equity: $ 387.19 from 679.99
Total real money lost ($ 40)
Happy with 77 dollars profit, okay baby now lets see where you can go from here now...happy and i guess greedy for more (this is what the market says). This is where the casino effect of market comes and the one who wins the casino effect wins all. This casino effect, I have learned today and learned at a very big PRICE of $ 292.80. The big LOSS.....because I broke my own rules; I entered the market again and burnt myself; and this testifies that greed in combination with breaking of rules is a very inflammable condition.
This also testifies again that the "holy grail" only lies in between our ears and no where else. I am the driver of the various tools. It will take practice to drive them properly.
Again, I accept this very humbly and thank market for giving me this lesson at a very small cost.
So here is where my account stands currently at the end of this week. But I appreciate the education market have given me in this week. I will never forget the following figure: two doji candles was the place of my entry.
Attached Image
So at the start of this week I started with $500 and by the end of this week I have the following:
Net loss of $ 112.81 (500-387.19)
Absolute loss of $ 292.80 (679.99-387.19)
Current equity: $ 387.19 from 679.99
Total real money lost ($ 40)