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301-320 of 1301
Demo Trade on UJ
sell : 2 lots : in 99.96 out 99.76 = 40pips
caveat emptor -- for educational and entertainment purposes -- not an inducement -- past not equal to future
Update of Demo Trade for this week :
| monday | 061008 | 20+40 | 60 |
| tuesday | 071008 | 30+70 | 100 |
| tuesday | 071008 | 2 x 65.5 | 131 |
| wednesday | 081008 | no trade | 0 |
| thursday | 091008 | reckless trade | -143 |
| friday | 101008 | 2 x 64 | 128 |
| week's nett | | +276 |
today's trade : buy : in 99.05 out 99.69
caveat emptor -- past performance is no indictaion of future returns --paper trade by novice
for entertainment and educational purposes .
Just thinking.
Those millionaires we know of in SJ.....ppl like cashiertan,victorian,shplayer,geojam....so on
wonder how are they sitting at the moment?probably sold away all their shares and looking at us fools still holding on to our shares.
iPunter ( Date: 10-Oct-2008 11:16) Posted:
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iPunter ( Date: 10-Oct-2008 11:16) Posted:
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its no small feat .. that cashiertan made it to the 'millionaire's club' ... Salute !
its all pure hard work and guts !
see, how the Mr.Market works ... !
hope I remember this episode .. !
(meaning of feat : a noteworthy or extraordinary act or achievement, usually displaying boldness, skill, etc.)
caveat emptor -- not an inducement -- chart by novice -- for educational and entertainment purposes ..
tuesday night made 131 pips
wednesday : no trade (actually was eyeing the head and shoulders , but didn't get to the computer when the drop happened)
today lost 143pips
what happened : ... was confident it will break support 100.40 and fall back into channel ...but went opposite direction .. laxed on usual stop loss ..... was willing to play dare-devil because of the earlier 'bonus' gain of 131 ... got a bit nervous of positive chatter in the market ... positive futures/dow .... so cut - loss
after cut-loss it has the cheek to drop to 100.19 !
well ....... Mr.Market is the Master and the Commader ..... : )
caveat emptor -- for educational and entertainment purposes --- past not equal not future
novicex :
that's the spirit !
In the long run, men only hit what they aim at.
-- Henry David Thoreau
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trader88.sg :
hi baseer,
I think that it's important for novice to 'talk' about their performance.. why they did what they did and how they felt about it. i think it's part of managing their trade. I used to think that it's about techniques.. but beginners have a lot more to deal with.. techniques (which will take a long time) and more importantly, their emotions.. i wish i had discover this earlier and have not suffered such a huge loss.. but then again, i guess it's part of the learning process... recognising where and why you've gone wrong and then move on.
thanks for all the pointers :) will read through this thread more thoroughly when i have time. it's actually very demanding to learn while working full time but i am determind to do so. let's learn together :)
baseerahmed ( Date: 08-Oct-2008 11:07) Posted:
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just sharing an insight :
i suppose, this is precisely why we must practise on the demo-account for some period of time ..
..while testing out our techniques and strategies , we are also testing out/stretching the limits of our emotions and personalities ..
maybe after going through this simulations hope we could attain Zen like quality when stepping into the real battlefield ...