Friday, September 25, 2009

Learning after the lesson

After the 9% lesson, i have to rebuild and re-grow my portfolio again. Its kind of disappointing when you got the setback during the period you thought you were on the ascending path. It was a hard lesson. These are the 12 trades after the 9% lesson. The first few trades were doing well and i was rushing to recoup the losses when i started to take bigger risk. And today i shorted 3 trades on GBPUSD, GBPJPY and USDJPY. Even my trading buddy said i was not my usual self as i rarely take so much risk. Got to stay calm and stay focused.

4 comments:

Anonymous said...

hello... hapi blogging... have a nice day! just visiting here....

Cruzzie73 said...

Hi Heng, if you don't mind telling, what method do you use to analyze your charts before entering and exiting your trades?

Cruzzie73 said...

Hi Heng, if you don't mind telling, what method do you use to analyze the charts before entering and exiting your trades?

Heng said...

Hi Cruzzie, actually i am more of a technical trader. I am using some indicators to determine the trend, but i need to improve on my timing of entry. You learn more of the trading strategy at www.forexasiaacademy.com

Economic Calender

BBC News | Business | Economy | World Edition