For the past few days of trading....in fact just 3 days since the New Year, I have made back more than 30% of the loss. But if not for some itchy backside trades...I could be in the plus side.
Only during this Tues' mentor session....this guy Tham and the HK lady's in-sight for the stock market does help me see the market differently. At least from a different angle...therefore, help me to understand that we don't trade for fun as we will lose money doing that. So...only trade for profit if the stock is worth the trouble.
Now...I will review all my trades and make adjustment to trade for profit and must have something to show at end of every month.
Will keep my fingers crossed....and will monitor how this new method works! Profit...at end of the month will confirm if it's works!
ReplyDeleteThen I shall add to the funding....by doubling it. Then...if it still show profit by end of next month...I will again double it and so on.
My aim is to have a 100K funding by end of March. Then this baby whale will be really swimming in open ocean.
By end of this 2010...aim to have at least 1 million in the fund....if not then, at least 500K including profit.
ReplyDeleteBack to the drawing board....after today's mini correction. Loss....ballooned to 27%. Have to slowly get back to 100%.
ReplyDeleteFor the moment, just forget about adding any fund that is my plan with wife. No profit...no adding of funds.
Think of the above as a tuition and training period. Also teaches me self-discipline!