Hi trading buddy, it's me TradeProfit. Hope you are doing great day 
. It's year end now I think it's time for me to summarise my own trading summary for year 2015.
I realize it's been 7 years I am doing trading now. Each year I will be doing my trade review and hope you doing so. Luckily for this year, I maanged to do my keep my own trading journal in detailed. Here's I have categorised them into these 5 important point that I need to utilised it for the coming 2016 trading plan:
1. Trade Consistency
When I access my trading profile for this year. Indeed trade consistently is the one I always put my focus now. This is a tool for me to measure my own trading performance and progress over the year.
2. There is no perfect trade / entry point
In this years, I have been missed out many of good trading set up. Some of them just missed out just a small pips.. Arww. Are you encounter this problem like me? Maybe I am quite conservative with my set up. Perhaps next year I should start focus on the execution and be more confident taking those kind of 'imperfect trade'.
3. Doing Multiple Trade
I am going to do multiple trade for up to 3 currency pair, that I use to familiar with. During these years, I have been traded with multiple currrency pair during my demo account, and this is time for me to utilise them and perfecting my trading skills. For example, I will be trading more with commodity and currency pair, which suits me. Example Hong Kong33, EUR/USD, JPY USD and Brent Oil. By doing multiple trade, I am able to capture the different trading opportunity existed on them.
4. Proper Risk Management
Forex Market sometimes can be irrational, no matter its fundamental are. In order to prevent anything "black swan" happen. I always implement with stop loss and TP setup. These small setup not only important for me to predict my final trading result, and it's useful for me to sleep soundly at night lol..
5. Stay alerted on any upcoming market event
I believe this is a key point contributing to my forex trading success. Not only it help me to see positive return in year 2015. But key to become a forex trader is understand what is current market sentiment and upcoming market event, then I will be able to achieve higher success possibility in predicting the right price moment.
To sum up, I did made some of the mistake and incur loss for some of my trades, but this is just part of trading journey. If I am not made my mistake for these past trading year, I am sure it won't sharpen my trading experience today. I just love trading so much and can't live without it. It's amazing business, I looking forward for a more successful coming new year2016. Hope we could grow it together with a stronger year 2016. I am excited!!
That's all for my sharing today, going to go to vacation now with my wife to recharge myself so that can prepare for more exciting year 2016 yo!
Hope you have a great day.
Take care friend,
Trade Profit.
p/s: if you are newbie and looking for steps to steps video guide to trade forex, just heading to http://autopilotfxmoney.com/learn-now . You will learn something useful for your forex trading too. It's free video tutorial, just watch it and learn yeah.
. It's year end now I think it's time for me to summarise my own trading summary for year 2015.I realize it's been 7 years I am doing trading now. Each year I will be doing my trade review and hope you doing so. Luckily for this year, I maanged to do my keep my own trading journal in detailed. Here's I have categorised them into these 5 important point that I need to utilised it for the coming 2016 trading plan:
1. Trade Consistency
When I access my trading profile for this year. Indeed trade consistently is the one I always put my focus now. This is a tool for me to measure my own trading performance and progress over the year.
2. There is no perfect trade / entry point
In this years, I have been missed out many of good trading set up. Some of them just missed out just a small pips.. Arww. Are you encounter this problem like me? Maybe I am quite conservative with my set up. Perhaps next year I should start focus on the execution and be more confident taking those kind of 'imperfect trade'.
3. Doing Multiple Trade
I am going to do multiple trade for up to 3 currency pair, that I use to familiar with. During these years, I have been traded with multiple currrency pair during my demo account, and this is time for me to utilise them and perfecting my trading skills. For example, I will be trading more with commodity and currency pair, which suits me. Example Hong Kong33, EUR/USD, JPY USD and Brent Oil. By doing multiple trade, I am able to capture the different trading opportunity existed on them.
4. Proper Risk Management
Forex Market sometimes can be irrational, no matter its fundamental are. In order to prevent anything "black swan" happen. I always implement with stop loss and TP setup. These small setup not only important for me to predict my final trading result, and it's useful for me to sleep soundly at night lol..
5. Stay alerted on any upcoming market event
I believe this is a key point contributing to my forex trading success. Not only it help me to see positive return in year 2015. But key to become a forex trader is understand what is current market sentiment and upcoming market event, then I will be able to achieve higher success possibility in predicting the right price moment.
To sum up, I did made some of the mistake and incur loss for some of my trades, but this is just part of trading journey. If I am not made my mistake for these past trading year, I am sure it won't sharpen my trading experience today. I just love trading so much and can't live without it. It's amazing business, I looking forward for a more successful coming new year2016. Hope we could grow it together with a stronger year 2016. I am excited!!
That's all for my sharing today, going to go to vacation now with my wife to recharge myself so that can prepare for more exciting year 2016 yo!
Hope you have a great day.
Take care friend,
Trade Profit.
p/s: if you are newbie and looking for steps to steps video guide to trade forex, just heading to http://autopilotfxmoney.com/learn-now . You will learn something useful for your forex trading too. It's free video tutorial, just watch it and learn yeah.