Tuesday, March 8, 2011

Thanks For Your Concern

Thanks for all the comments out there. Thanks for FX,TST,Duane,MBA, or everyone that concerned my last messy posts. If I did stop after losing $500, I'll still have the same result now.

I know I have problems. I lost confidence in trading. I disrespect the market. I underestimate Crude Oil. I trade emotionally bad. From my historical track, it's very hard to profit consistently if I stop after $500 losses. It's almost impssible especially in today's CL violence movement.

Forgive me about all my past emotional post. I still have the silly expectation in me. Amateurs or newbies usually don't take their stops and hoping the price will come back to theirs. I overtrade too much expecting the price will move directly and erase all my losses. Different implementation, same result.

Market will consolidate beyond our expectation. It never have 100% pattern. Even 90% pattern is rare, but if there's the 10% will eat me alive like Monday.

I stopped improving after Monday, that's big mistake. I need to improve endlessly. But most important, I need to repair myself.

2 comments:

  1. "need to improve endlessly", it never ends, well said.

    ReplyDelete
  2. Thanks Duane,
    Most important, improve ourselves rather than our technique

    ReplyDelete