Friday, February 05, 2010

Another week of "lau sai" market

Yes...confirmed that the stock markets everywhere suffered another week of "lau sai" after starting well for the 1st couple of days. From then....a one-way ticket on the southward journey. The last couple of days were the worst.

Personally didn't profit of it....die die, the mentors still are calling the markets "bullish". On hindsight...it is more of bullshit than bullish market.

Never mind, since I am making a pact with my trading buddy to remind each other and also to keep each other in check to follow the T3B rules. That way, we can rest assured that the system cannot work if we failed as a trader after strictly following to the rules.

As for to-date....have lost more than 58% of my capital ( which was funded to 25K ) therefore what I am left with is less than 10.5K in my CFD.

6 comments:

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

trading is like driving...win some, lose some! More haste....less speed!

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

Best to come up with a trading plan and stick to it for at least a mth.

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

when losing it is best to trade with small position until start making money again before "cheonging"

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

not to mention the loss from my CPF fund....:(

Fx Trend Trading said...

go slow to learn the art of trading...spend some time observing the market again

Natascia Baresi said...

Working as a trader is a rated highly trade

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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.