Friday, December 11, 2009

I must time my entry better

Suffered three consecutive losing trade in two days. The first one, I managed to cut it before hitting full SL. Yesterday two trades was a mistake at entry itself. I entered too early and disregard the long term indicator. There were mixed signals and I was getting reckless after few wins earlier in the week. Thank goodness it was only small lots.

Monday, December 7, 2009

Lazy blog...

I am getting lazier and lazier to blog nowadays, especially since i went into the real estate industry. Not that i am too busy to blog, just lazy. No excuses.

The market has been kind lately, I have been able to make some small gains. For three weeks after my last blog, I managed to increase my portfolio from -45% to -41% as at last week. Though I would not be able to make the 500% portfolio growth challenge this year. I believe it is possible next year.

After better than expected NFP result last Friday, USD strength gain momentum on the expectation that the Fed might raise interest rate sooner. Though i was a little hesitant when i enter my trade during the European session. Luckily the market moves as per my analysis. Gain 3.5% from the 2 trades. Yeah..

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