Week's up-date

Man...now I recalled what I did during my winning "runs" for my forex trading in early June. Yes....the recommendations from MF Global were spot-on esp for Eur/USD and USD/JPY pairs for the 2 weeks. I was able to quickly made up for all my initial
losses in that time.

Then...in the 3rd week, there was a screwed-up call and I got whacked....same thing
for the 4th week. 2 wrong calls....and I lose back nearly 30% of total fund. I weren't following any money management system but just pure casino cheonging system
of doubling my new bets all the time while adjusting my SL to prevent stopped-out.

Only until I kena to 2 wrong calls that I realised the danger of the whole silly method. Then....I start to add new methods of using bollinger band and MACD. But
at the same time...I started to "chicken out" on my trades. Put more cushions to
my "limit orders" which end up lesser triggering and me losing my interest for
trading and paying more interest to stocks. After awhile....almost forgotten how
to trade forex again. My confident in forex trading....almost "gone" too. Luckily
my wife started to show an interest and me have to show her how to trade since she
used my Onada trading account to trade.

Yes....now I totally recalled what and how I was able to have my "so-called bullish"
run. Now I think....I can refine the way I can do it again without taking the "added" risk of having huge loss if call is wrong. No changing of SL...for my orders, that way will limit my losses to whatever SL I put into my order while I
will let the winning runs.

I will continue to use the MF Global's recommendation as a guide but I will refine
my new entries using Bollinger band & MACD for my entry and exit.

This week....result for forex, I was able to stop my losses even with some screw-up recommendations and no triggerings.

For Stocks....esp HK market, SMIC is still not doing well....down from 53 cts to close at 50 cts. And me....losing nearly another 30 % of my funding. Now my fund is
at less than 20% of my inital capital. SHIT!!