NOT The Conventional Type! Journal Of My Stubborn Trading Life...

and I hope I dont get banned for the title, I hate ff because u can't edit my posts, I am forced to create new post each time and that cramps my style, after days, weeks, month, years.. I might review my posts and summarize... and allow me to delete other members posts, not to hide my badside but to keep my thread clean...

look at some thread like the wormhole etc, such a turn off, a billion pages? whos gonna read? not me! yeah I'm a lazy bum and u can tell me I will not be successful because I'm not hardworking.

I'm not the kind of person who will ask you to climb mountains before giving u what u want, that will breeds the same attitude, i.e. dog eat dog world. Can we change that for the future? I'm not saying totally no screening at all, but if u are willing to help, go all the way.

add the fella in skype, skype room, spare sometime to talk to the fella, give hope that's the least u can do... ive gone thru this so I know what I'm talking about.

never pay someone to learn forex, all those who are successful in forex need not ur money, not even a single cent. trust me, ive met a few, they just are purely good people with good intention. hard to find, but dun give up. For those who want to compensate for their time, skip them, their intention to help is not there...

the world has a handful of good people, find them.

I just met another one person who posts charts and analyze where the market is going, at the end, it didn't go like he predicted, I'm bummed out cos I have to be the person who asks him why...

Why can't they jump out of their seats and shout to the top of their voice and be the first to admit he was wrong. And if needed, provide the explanations.

Come on now!

Recently I saw this : "Most are desperate to get there."

Me myself was impatient more than desperate to get there, i.e. making it in Forex. There is a difference between desperate and impatient. Desperate is doing all it takes, but impatient has the time factor, you want it fast serving it on a platter.

As such, I deserve it when they say "Get a Job!". Man, I hated that line so much because Forex was one of the reason I quit my rat race with companies, both private and government. I also quit the rat race with Google too, trying to be number 1 in search engine, that's called Internet Marketing and that's a whole another story.

-End-
It's a amazing, how one line can make me express a little more. That line was preserved on a notepad since maybe 3 months ago, and now I'm typing about it. You've noticed that it is the weekend and time to catch up BIG TIME.

To Be Or Not To Be.. Isn't it a simple question?
Trading should be that easy...
Let me give you examples-
Try to answer this question : What is your favourite colour?
Bam! The answer is straightway in your mind.
The reason why it is fast is because you've experienced and see all colours, test them, played with them, been with the wrong ones, and finally settled with one, a preferred choice.
Trading is like that in a way. You need to get used to the markets. You might get the holy grail or your father is the best trader in the world with ZERO losses but you being new will still have some losses, even if its not losses in trades, it will be mistakes in controlling your emotions such as fear and greed.

Anyway, I just wanted to say a few things but it blew up as the above... What I wanted to say is this:


Not so good:
Mr. A : Why did you enter that trade?
Mr. F : Because the indicators showed me this and this.

Preferred:
Mr. A : Why did you enter that trade?
Mr. F : Because price told me this and this.

I hope you get this.

It's been almost a month since I've updated my journal in my journey (This sentence was constructed just to keep this in the "Journal" section of FF)

Anyway, I'm going to take all the excellent pieces of my work to urbanforex cos I like the community (which is small and why I like it) there. Over here there's too much noise from people, and one dumb reply with disrupt my flow of thoughts, not that I don't want any input, I just want excellent input when I need it.

2nd anyways, here's the advise for me and others who reads my thread this time round:

This will be the toughest, but just before you place an order in the market, try your best to place at the of your mind that if this goes wrong, you have a back up plan. It tough. Tell me about it. You've made all your analysis, waited for the "perfect" entry, how in the world can you still say to yourself this might go wrong? It's almost impossible. But if you master this art of being prepared if the market goes against you, you are closer to success in trading, not that I have tasted success.

A quick way to get yourself into this situation is by trading small, I'm talking about 0.01 lots or the smallest size you can enter the market. Doing this a few times will get you the opportunity to be wrong, the market is excellent in helping you prove that and facilitate you in this activity. What happens when the market suddenly jumps and move against you quickly like plunging down or shooting off? You remain calm. You might even be able to challenge the market by saying "Let's see how far you can go?!" This shows you have not succumb to fear and you can think straight, thanks to the "almighty" risk management, actually it's nothing to do with risk management since you've just open a very small order.

As you can see, opening a very small order does a lot not just to your mind, but it's actually a fail-safe for your account safety. The next issue is greed. Opening a billion "0.01" will piss you off thinking "when will I get rich man?!". ...but right now, I'm tired of typing... to be continued

*edit* its good i.could edit for a while, not edit but add.

The Mind

Good to be sticking w a plan...time, price and experience will teach you when to stick to a plan or when to bail. Before i slept i was thinking of a quote, float like a butterfly stink like a bee.

And my kind friend once said thoughts like fluid. Moves in motion of the market, don't deny what the market is telling you. Trade what you see not what you think, a.k.a stop thinking.