I was invited by my friend, Lai to visit an orphanage in Jalan Ipoh today. He had initiated a 1Month 1Charity, a monthly charity initiative for the less privileged. Before that we bought some food and necessities to them. There were 30 of them with 7 workers maintaining the premises. They relied mostly on donations and corporate sponsorship. I was surprised that our government actually did little to assist in the well being of the orphanage.
While I was walking around the home, I saw these words on the wall of the home. Very true indeed.
Suffered a massive loss last week from several trades. Reduced my portfolio by 13.7% now at -45.6%. Need a 100% gain to break even. Something that i have never achieved in my trading career.
The Charge of the Light Brigade
Half a league, half a league, Half a league onward, All in the valley of Death Rode the six hundred. 'Forward, the Light Brigade! Charge for the guns' he said: Into the valley of Death Rode the six hundred.
"Forward, the Light Brigade!" Was there a man dismay'd? Not tho' the soldier knew Someone had blunder'd: Theirs not to make reply, Theirs not to reason why, Theirs but to do and die: Into the valley of Death Rode the six hundred.
Cannon to right of them, Cannon to left of them, Cannon in front of them Volley'd and thunder'd; Storm'd at with shot and shell, Boldly they rode and well, Into the jaws of Death, Into the mouth of Hell Rode the six hundred.
Flash'd all their sabres bare, Flash'd as they turn'd in air, Sabring the gunners there, Charging an army, while All the world wonder'd: Plunged in the battery-smoke Right thro' the line they broke; Cossack and Russian Reel'd from the sabre stroke Shatter'd and sunder'd. Then they rode back, but not Not the six hundred.
Cannon to right of them, Cannon to left of them, Cannon behind them Volley'd and thunder'd; Storm'd at with shot and shell, While horse and hero fell, They that had fought so well Came thro' the jaws of Death Back from the mouth of Hell, All that was left of them, Left of six hundred.
When can their glory fade? O the wild charge they made! All the world wondered. Honor the charge they made, Honor the Light Brigade, Noble six hundred.
—Alfred, Lord Tennyson
Courage is a hard thing to figure. You can have courage based on a dumb idea or mistake. That's why courage is tricky. Should you always do what others tell you to do? Sometimes you might not even know why you're doing something. HELP!!!!!!!!
I got something to tell you I got something to say I'm gonna put this dream in motion Never let nothing stand in my way When the going gets touch The tough get going
One small loss is not going to put me down. I am going to get going. I will keep moving and winning. My goal is to quit my full time job by next year, May. I will stay focused.
I started my very first live trade on the 15 Sept 2008. Gone through a lot of emotions. My portfolio experience down and up, down and up. Now back to where i started. I've learned to become a better trader, both emotionally and technically. Getting better with my technical analysis and currency price action behavior.
And along the way, i am grateful to few of my trading buddies and my mentor for their guidance, support and encouragement.
I found this short clip from and an inspirational figure that will explain how winning is done.
Let me tell you something you already know; the world ain’t all sunshine and rainbows. It’s a very mean and nasty place. And I don’t care how tough you are, it will beat you to your knees and keep you there permanently if you let it. You, me, nobody…is gonna hit as hard as life.
But it ain’t about how hard you hit; it’s about how hard you can Get hit, and keep moving forward;
how much you can take, and keep moving forward. That’s how winning is done. Now if you know what you’re worth, go out and get what you’re worth. But you got to be willing to take the hits, and not pointing fingers saying you ain’t where you wanna be because of him, or her, or anybody. Cowards do that, and that ain’t you! You’re better than that!
After a long break...i was getting a bit impatient for the lack clear trading signals.. The market is quite choppy for the past few days. I entered 2 trades today, both involving yen pair. The first trade was EUR/JPY. Exit with a 53 pips loss. The indicator show slight reversal and i got a bit defensive and ended the trade early with small losses, however the trend was still intact after few hours later though it is not a strong one.
Second trade was GBP/JPY, was side trending for few hours. Down up to -40 pips at a time and up +60 pips at a time but ended up with only 2 pips gain after i meddled with the stop loss level.
At the current time of writing this post, i have already entered another trade, long EUR/USD after confirming the signals. It cleared 3 time frame. And with US data being released, it should aid the trend for a while. Later Treasury Geithner will be having a speech on 'Addressing the Need for Comprehensive Regulatory Reform'.
After suffering from my longest streak of losing, my confidence was dented. I was afraid to trade again. Even when the signals indicated a trend, i was being too defensive, afraid to take risk however small it is. Until i stumbled upon the video clip with a powerful message. Enjoy it.
i had the chance to watch the re-run of the movie, Jerry Maguire last week. And somehow this scene struck me...pay close attention to when Jerry (Tom Cruise) tells Rod (Cuba Gooding Jr) why he still don't have his 10 million dollar yet.
How many of us still chasing after our dreams? What was the things that you would thought of doing when you grow up? And what happen now?
I'm ended up just like everyone else. The idea of you to have settle down and resign to life, i began to wonder if there is solution to this situation. How do i break free?
I was invited by my friend, Lai to visit an orphanage in Jalan Ipoh today. He had initiated a 1Month 1Charity, a monthly charity initiative for the less privileged. Before that we bought some food and necessities to them. There were 30 of them with 7 workers maintaining the premises. They relied mostly on donations and corporate sponsorship. I was surprised that our government actually did little to assist in the well being of the orphanage.
