Monday, April 2, 2018

Stressful, Pressurising, Frustrating March

Into the fifth month of trading full-time, without any other income stream. It hadn't been a smooth sailing journey at all and in actual fact full of emotional swing up and down, which had been torturous. There are times where you think that you could cross the finishing line with flying colours while there are times where you start to wonder what you are doing and why you are doing this and that, totally clueless and aimless.

Nevertheless, I find that this journey is so far fulfilling if not for the stresses of life. Stressful because of those bills that you need to pay every month, Pressurising because of the need and necessity requirement of every month, Frustrating because you lose too much when you shouldn't had and even worst when you turn a winning day to loses. All these emotion exist in a human mind and I have to face it, it's not something that can be eliminated. I just have to learn to control them and be more immune to them, be on top of them. But then there's always good side and bad side to it.... Press ON!!!

 
Yet another month of loses, and again those loses came from the lost of control of emotion and ego, turning winning to loses. Nevertheless, did a $1,000 withdrawal and now total deposit for this trading account is $2,000. I am still very much in exploration to find the optimum loses per day. Money and Risk Management is still very much the key to unlock success in trading not forgetting controlling your emotion and ego.

Made some adjustment to my trading plan to prevent big loses and also minimum trade size to 1 lot, hence I will have to maintain a balance of at least $1,500 at all times (that would be almost 80% leverage!). 

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