Ladies and gentlemen, imagine a glass falling from the ceiling ...gets broken with a bang !
Recently, over the past 2-3 weeks, I have been smacked by the market badly to a level where I have no more ability to recover the losses in a short period of time. And because of this, I have also decided to take a break from the bloggosphere due to my non commitment to the market. I became a full time trader in August year 2009 and September 2010 might be the end of my career as a full time trader. Might be only,ya.
The rise to glorious trading is never an easy path and although I have lost majority of my trading capital, there is 1 thing that I have never lost which is my confidence.
The thing that I have discovered along my journey is that although long term trading yields slower profits but in the long run, it is safer than short term trading whatever system that we implement and not forgetting that long term trading outperforms its shorter term counterparts.
I would like to thank everyone who takes part of their time to come to my blog giving me criticisms and also encouragement ...... those mean a lot to me for me to be a better trader in the future. In this setback, I never blame any external factors that caused my downfall....except myself.
To those who are still trading, I wish u guys all the best!
And I will be back !
*DOWN BUT NOT OUT*
3 hours ago
HOME,....
ReplyDeleteThis is the place u born, u grow, u learn, u failed and reborn....
But u must always remember, we always welcome u back... and when u come back again, is the time to let us reunion again... and fight for glory again...
This is ur truly home...
To be cont'd....
Zac,
ReplyDeleteDon't get overly hard on yourself, who dun fell b4... Fall seven times, stand up eight.
You have my best wishes.
You must be another egoistic gung ho overtrader again! No way you can be wiped out in 2-3 weeks if you trade sensibly with proper money management. I've been in this game while you were still in diapers and I've seen many sensational rise and just as sensational fall of gung ho overtraders like you...The first cardinal rule of trading is long time survival is more important than making a million in a week . Remember to control your ego of making a killing with every trade because if it was so easy; every living person in this world would be full time traders! Think about it!
ReplyDeleteCat Owner, Thank You!We will reclaim glory one day.
ReplyDeleteIvy, thanks a lot. your encouragement means a lot to me.
Anonymous, thanks a lot for your wise advice! :)appreciate it
Zac:
ReplyDelete*DOWN BUT NOT OUT* ~~~~ Should be down but NEVER out! Take a rest..... a nice break will bring you far..... as usual, the promise is still the same..... see you at the top!
Alex
Alex, the promise will never change. See you at the top ! And see u soon. LOL
ReplyDeletesorry to learn about your loss. Try to accumulate enough capital and make a comeback. You should trade demo a/c in the meantime...
ReplyDeletemike forex cable.. i don't know what to make of your advice or insult... good one...hahaha
ReplyDeleteCome to think of it, quite funny actually, your last blog was on 5/Oct, and cpo market decided to make a move couple of days later, and rally up 600 points to date. such is life.
ReplyDelete