Saturday, June 26, 2010

Wrong call for stock and forex

Yes....had a few bad calls for both stocks and forex trades therefore kena "whacked".
So this coming week...must step back to regroup before cheonging in again haha.

For forex....got only another 3 more days to trade before end of the June month. So far, only managed to grow fund by 300+% after several mis-steps in the past 10 days.
Esp on Eur/USD on 17/6 and USD/JPY for this week. These mis-steps costed me nearly another 200+% profit.

As for the moment....somehow kind of loss the direction to call for the major pairs. Must wait and see.
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3 comments:

wINtoTo N aLSo 4D...yEAh! said...

yes...back to the drawing board again for forex.

but due to my stocks, I may not have the right frame of mind to focus on the forex esp now. must sort of clear my present stock holding down to manageable level first.

so...for this month, didn't managed to hit my target of scoring over 500% profit for my forex trading therefore my system is not fool-proof. meaning....back
to drawing board and regroup / refocus.

for stocks....yes! admit wrong call and I am paying for it with a 5 figures loss to my fund.

12:43 PM
wINtoTo N aLSo 4D...yEAh! said...

we measure this is often by quantifying our results in terms of profit versus losses. Yet, this measure cannot be, by itself, sufficient to sustain our motivation. All traders have periods of losses en route to profits. As a result, a single-minded desire for profits may itself be a factor in furthering losses and actually reduce the potential for success. For once a person desires profits, resulting losses turn into disappointments. The experience of disappointment may then unleash a host of destructive emotions.

Wah lau...how true!!! haha!

12:51 PM
wINtoTo N aLSo 4D...yEAh! said...

even wrong call for going to pray pray....lei!

sat is 15/5 for lunar calendar but i didn't realised it and missed going to do the praying round.

1:10 PM

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.