Yes....all sort of trading, it's a form of gambling. It's win or lose....and always a Zero-sum game. Some win....others loss. But for Forex and Stock....the chance of winning for a beginner or newbie is very slim. For most of the time....it is 5% winning over the rest of the 95%. Meaning....to be a winner, it takes lots of luck and skill.
But in truth....I don't have much of both. So....I must rethink what I need to do with whatever I have got left with me now. To invest more to learn more....or to learn as I go while trading "small". Guessed since I have already throw in the capital to learn, best....to back-test the system/method with doing live-trades both for Forex and Stocks in equal amount. To trade small....until I can get my confidence back eg when I can show a positive P & L at end of next March. ( believed that if I test myself for at least 4 full months using all the methods in the trading system - which is trading and winning in up, down and side-way market conditions ) then when I get my "package" from my company...I shall then trade "big" for the last SHOT for myself. Failure is not an option then!!!
Any advice????
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!
Friday, November 27, 2009
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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.
3 comments:
still *%#$$@@@ *****!!)*%$+##???? to myself....for being so screw-up with my luck!
Or better still...ask my honey to check for any hidden bad luck mode somewhere that I cannot see/find myself?
Mole....not mode!!! shit with my spelling too.
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