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System Trading Now: Position Update 20130426
DISCLAIMER: NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. IF YOU DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS ARE YOUR OWN. TRACK RECORD SHOWN IS FOR AUTHOR OWN LEARNING PURPOSES. THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. RISK OF LOSS IN TRADING FUTURES CAN BE SUBSTANTIAL.
Do you trade full time? I read your blog and found that trading profitably sounds easy and simple, at least for you. However for me, my futures trading journey is a total disaster.
I started trading in year 2010 with RM50K. I always thought broker knew something more, therefore relied heavily on their tips and recommendations to trade. In less than 6 months, I lost more than 70% of my capital. I surrendered and quit trading for the first time.
After rested for 3 months, I open another futures account with another broker, this time a broker that I have known from attended a seminar. He is a good and diligent person. I learn something new from him. I banked in another 100K. After only 2 months, I gain profits of 20%. I thought I am the king of futures. He told me to keep my ego and maintain good discipline. Then I read a newspaper advertisement about futures trading system. It claimed to make more than 100% in a year. I immediately signed up their signal services. Puuuui! I lost almost every cent trading their signal. I remember called them after broker called me to top up after moeny is not enough to maintain even 1 lot. They told me bank in some more $$ to hold the position. I was so naived to believe in them that I banked in another 50K. Sad to say, I busted my account with in the next 3 months.
I felt utterly disappointed with myself, losing self confidence ... This affected my jobs. I was fired and forced to move back to my kampung in Segamat. Through my friend recommendation, I found another job in Singapore. Now live in Johor Bahru, travelling each day through Woodlands checkpoints eacy day to work.
Even though I lost almost entire saving in trading. I still believe theremust be a way to beat the market and "trading for a living". I attended many trading seminar on futures, forex, stock trading etc, always trying a way to make a comeback. Until recently I started to read your blog, I found something I really like, the way you trade.
Sorry, I wrote too much here. Do you mind me email you to ask for guidance in trading? Do you accept students?
Do you trade full time? I read your blog and found that trading profitably sounds easy and simple, at least for you. However for me, my futures trading journey is a total disaster.
ReplyDeleteI started trading in year 2010 with RM50K. I always thought broker knew something more, therefore relied heavily on their tips and recommendations to trade. In less than 6 months, I lost more than 70% of my capital. I surrendered and quit trading for the first time.
After rested for 3 months, I open another futures account with another broker, this time a broker that I have known from attended a seminar. He is a good and diligent person. I learn something new from him. I banked in another 100K. After only 2 months, I gain profits of 20%. I thought I am the king of futures. He told me to keep my ego and maintain good discipline. Then I read a newspaper advertisement about futures trading system. It claimed to make more than 100% in a year. I immediately signed up their signal services. Puuuui! I lost almost every cent trading their signal. I remember called them after broker called me to top up after moeny is not enough to maintain even 1 lot. They told me bank in some more $$ to hold the position. I was so naived to believe in them that I banked in another 50K. Sad to say, I busted my account with in the next 3 months.
I felt utterly disappointed with myself, losing self confidence ... This affected my jobs. I was fired and forced to move back to my kampung in Segamat. Through my friend recommendation, I found another job in Singapore. Now live in Johor Bahru, travelling each day through Woodlands checkpoints eacy day to work.
Even though I lost almost entire saving in trading. I still believe theremust be a way to beat the market and "trading for a living". I attended many trading seminar on futures, forex, stock trading etc, always trying a way to make a comeback. Until recently I started to read your blog, I found something I really like, the way you trade.
Sorry, I wrote too much here. Do you mind me email you to ask for guidance in trading? Do you accept students?