"Take Risks: If you win, you will be happy; if you lose, you will be wise. Nothing ventured, nothing gained."

Saturday, January 16, 2010

Mid-Month Review

Approaching the mid-month of January. all started well last week where i focused and carefully executed each trade. mostly intra-day trading. i did not have any trade executed overnight or buy/sell-stop/limit that got executed while im in office.

i guess this week was pre-occupied and didnt had the focus like last week. i thought i could do anything. i knew from start of the week i didnt trade well even though i had profited on monday. i was also reading a blog by FXpropTrader, who was saying about trading with 'gut-feeling'. i trust that. but for me, i guess such gut feeling is not simply trading anytime of the day and any currency pair, i still need experiences from such 'gut-feeling'. i need to practice a lot from a particular currency pair, and say during New York session. i have to practice harder.

Basically i've given back almost all of my profit earned last week. my school lesson starts next week, which means i might be trading/blogging lesser for the time being. but my heart will still be here, im planning to buy another book on trading in the mean time after i finished with Kathy Lien's Day Trading & Swing Trading the Currency Market, its a good book. provides a lot of insights on trading, such as fundamental, technical, seasonality and etc. i will re-read when i have the time too.

till then,

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