- See more at: http://blogtimenow.com/blogging/automatically-redirect-blogger-blog-another-blog-website/#sthash.4OBM2jok.dpuf System Trading Now: Position Update 20130311

Mar 11, 2013

Position Update 20130311

As trader, we battle with market participants everyday. As trader, we battle with our self everyday. The most toughest opponent is our self. It is easy to design a system showing where to buy and sell. It is another thing to follow the system completely, without any interference. What differentiate between and winner and loser, is probably the discipline of one to follow and execute the plan well.

This afternoon, FCPO gap opened lower and triggered my sell signal, well below my predetermined sell price. I have no choice but to sell the opening. Therefore, system is short 2434.

For FKLI, system still show short and is nearing buystop price. We let the market decide whether to trigger the buystop. Will update in the next post.

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