Time flies....yes, it really does!
Same for my fund too....blew it trading USD/JPY, USDCHF and USDSGD pairs. Thought they were already too low as it was reported that these pairs were at their lowest level for the year, then multi years' low...shit, they still went further down. Now! I had cold feet....almost wiped out my funds at Onada and MFG. Topped up....but it was gone again!
At same time....also "got caught out" by shorting of EURUSD and AUDUSD pairs. Luckily......I traded with tight "SL" but with a few std lots size at one "go" so the damaged was "bad" too. Was thinking....how low can it goes? And also surely BOJ would step-in again if it across a certain level. But no action noted....on Wed and Thu and the USDJPY sank to near 82.1 level before jumping back to 82.4. Now....back to 82.3 level and maybe to test the low again by morning. Btw I have 3 std lots....awaiting at 82.02 to 81.92 level, still believe that BOJ will intervene! Shit.....they must have gone to sleep!!
For stocks....got whacked by Genting PLC, shit! 25 lots at $2.16 bought last month.
Today....it was at $2.03! Btw it was "greed" that I bought it thinking it can go higher for the Qtr-end plus F1 thingy but it didn't work out according to my thought! It was worst last week....it was down to below $1.85 with a strong finished on Friday to $2.00. The best it went up was on Tuesday....$2.13!
Trading forex on news releases....still didn't quite got a "hang" for it. eg today, I bet that AUDUSD would dropped due to the same situation yesterday with the RBA thingy. No...once the news was out, it "popped" upward and got out my "shorts". Yesterday...it was the other way around. It sank....and caught my "long" since my signal was telling me 2 thirds of the Analysts were looking at 4.75% interest rate.
I was thinking....all the datas lately from Australia do not support such a move.
Frankly I don't blame anyone for my losses nor find excuses for my "greed and fear".
This evening...when GBPCHF, USDCHF and USDJPY "tanked" I was busy shifting my positions downward. I was thinking....wah, so lucky that I managed to shift before my position was triggered.
Oh....I went to KL for my niece's wedding on Sat, so I drove up on Fri morning after my work. Hand-over to my daughter to drive most of the trip. Only took back the wheel....near to KL and the Singapore/JB leg. Crazy jams at KL and crazy drivers too....but they don't really get too pissed at each other like here! They go about their business even when they were "blocked"....they still don't "honk".
Quite peaceful lot....those crazy drivers but they do "tail-gate" which I hate! So
I speed up....whenever it happened!
Guessed...after getting burnt by the stock and forex market and with what are happening at the moment. Best to lay low and count my blessing for now....and prepare myself for whatever is happening and the future!
Thursday, October 07, 2010
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About Me
- wINtoTo N aLSo 4D...yEAh!
- 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.
1 comment:
One thing is certain....I can still "stomach" the losses since I am still trading within my limit of my fund.
Maybe I have to calm down further until I get the act "right" before trading "big".
My total fund was at 70K....now it is near 15K. SHIT!!!
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