2011 is the best year of my trading journey so far. I profit far more than I loss for the last 3 years of trading. And there is none of my three years learning contribute the success.
Market change all the time. No trading technique that can be used forever and produce consistent result. Traders also common human, hard to change. They just stubbornly stick with their method or trading style. They felt like if they work hard enough it will come to fruition. Sadly market don't work that way.
Unlike other business trading the financial market took almost no effort to work. Only click buy and sell is not a work at all imo. So traders think if they work the market analysis they could do better. Well, if market don't change conditions so fast it may right. But the real dact is market change.
Most of people brain is destined to find a secure or comfort zone. Like if you find something that working, just do it over and over again till it is not working anymore. In business it can be done but in trading, it may cost you a fortune before you realized it.
In most of business when you work properly you wouldn't lost so much money. In trading business even if you work on its best you may still losing money. No other business require patience than become a trader in financial market.
So what is the secret of my success? Maybe it is luck, or just coincidence, or other? My answer is persistent at the right path. I also have confidence in my method that it can be done for long term. The logic is because now I never fight against the market. I fight the broker. And choosing your opponent may decide between life and death. Market is a big gigantic entity who move based on transaction,bid ask, everything. They settle and become the market. While broker is like a casion who gambling the price feed of the market. They are not directly participate the market but using the market as a model for their business. They create their own market but with world price market.
It is obvious fighting the smaller enemy will be much easier and so it seem. Most of traders looked like a John Wayne Cowboy fighting the real market with a bunch of ancient tools will never win in the long term. But me, picked the virtual market as my opponent and I study not the price or technical stuff or news, I studied the behaviour of my enemy and looked for a weakness which is never be existed at real market.
It is that time when I become a succesfull news trader and later...maybe an arbitrage trader :)
So my advice is " If you find something that make money even you don't like how it works, just do it. This is a business, not a hobby."
Wish you a better year of 2012 :)
Saturday, December 31, 2011
Sunday, December 25, 2011
You should keep your trading secret technique for yourself
Coca Cola kept their recipe as top class secret. Cigarettes company buy more kind of ingredients than they need to hide their sauce secret. Google will no way give their source codes to public. Toyota used thousands of supplier so their competitors cannot copy cat their product.
All big company in the world is keeping their business secret so why the hell you shared your technique to everybody? There is parity law in this world. Supply and Demand worked all the time, especially at financial market. If everybody do the same thing, the same trade then market will become efficient. Don't share your trading secret. Do you thinl Goldman Sach will happily publish their trading technique to public?
Be a professional, keep it secret.
All big company in the world is keeping their business secret so why the hell you shared your technique to everybody? There is parity law in this world. Supply and Demand worked all the time, especially at financial market. If everybody do the same thing, the same trade then market will become efficient. Don't share your trading secret. Do you thinl Goldman Sach will happily publish their trading technique to public?
Be a professional, keep it secret.
Still Green Netting
The last two months had not very good for my trading. What I mean not good was not losing money. It just means I didn't have decent profit. Things I learnt from trading is, if you thought you did your best and still losing money, move on... don't waste anymore energy and time.
Market can ruin your life and brain. One year trading just for losing money is not what we are here. We just might spending all our money to the charity rather than to the market. You are worse human being than a unemployed people. At least they don't burn the money at the market.
After more than 4 years I watched other traders in my sight, Never once I saw a consistent profitable trader. Not once!!! I kinda doubt there is profitable trader out there who make profit consistently. Accept the fact and quit trading!!! Don't lose anymore money to the market.
If you want to profit at the market, there is no way you trade every day. Day trader is the worst career in the world. Unless you have top notch education, tools, and right mindset, you can kiss a goodbye to your trading career.
2012 is coming and I saw bright futures for my trading career. I changed my style and never looked back. This year I made profit far more than I losed in the last 3 years. And sure as hell I won't tell anyone the secret.
Market can ruin your life and brain. One year trading just for losing money is not what we are here. We just might spending all our money to the charity rather than to the market. You are worse human being than a unemployed people. At least they don't burn the money at the market.
After more than 4 years I watched other traders in my sight, Never once I saw a consistent profitable trader. Not once!!! I kinda doubt there is profitable trader out there who make profit consistently. Accept the fact and quit trading!!! Don't lose anymore money to the market.
If you want to profit at the market, there is no way you trade every day. Day trader is the worst career in the world. Unless you have top notch education, tools, and right mindset, you can kiss a goodbye to your trading career.
2012 is coming and I saw bright futures for my trading career. I changed my style and never looked back. This year I made profit far more than I losed in the last 3 years. And sure as hell I won't tell anyone the secret.
Friday, December 2, 2011
Sunday, November 20, 2011
Next Phase
It's been great year for me. I managed to profit from the brokers, not market. Since it's been slowed down for news trader, I decided to watch US market again especially for day trader.
It doesn't mean that I will do the old trade anymore. It's been more than 6 months for me not trading the market daily. And I've been doing great. But I really had many spare time to learn the original trade and I realized one thing: Patience is Virtue.
There's nothing wrong with my old pattern or whatsoever. The problem is you don't need to trade every day. And since I trade other's people money and I had less attachment with the equity, I've been doing great.
My focus is still on news trader, and for secondary work I'll also watch the US Futures Index like S&P or TF. And I found couple things that important:
1. VIX is great indicator. Low reading VIX means playing limit order. Limit order means buying low sell high, preferably long. High reading VIX means playing breakout or stop order and preferably short.
2. News is important. Not meaning to interpret the news but to blend with other markets player. Not care for news is false. You can anticipate and understand why market not moving or move so erratic so you prepare.
3. No need to trade every day. As day trader, you don't need to trade everyday. Like low VIX reading means there'llbe lot of choppy in market. Not suitable for breakout trading and also prferable no trade at all.
Since now I managed OPM which is grow nicely, I will learn one thing or two for regular trading. Not going back, just hey, learning new things is always have benfit.
It doesn't mean that I will do the old trade anymore. It's been more than 6 months for me not trading the market daily. And I've been doing great. But I really had many spare time to learn the original trade and I realized one thing: Patience is Virtue.
There's nothing wrong with my old pattern or whatsoever. The problem is you don't need to trade every day. And since I trade other's people money and I had less attachment with the equity, I've been doing great.
My focus is still on news trader, and for secondary work I'll also watch the US Futures Index like S&P or TF. And I found couple things that important:
1. VIX is great indicator. Low reading VIX means playing limit order. Limit order means buying low sell high, preferably long. High reading VIX means playing breakout or stop order and preferably short.
2. News is important. Not meaning to interpret the news but to blend with other markets player. Not care for news is false. You can anticipate and understand why market not moving or move so erratic so you prepare.
3. No need to trade every day. As day trader, you don't need to trade everyday. Like low VIX reading means there'llbe lot of choppy in market. Not suitable for breakout trading and also prferable no trade at all.
Since now I managed OPM which is grow nicely, I will learn one thing or two for regular trading. Not going back, just hey, learning new things is always have benfit.
Saturday, November 19, 2011
We Evolved
Last Week I didn't make any significant money. The broker seemed to reject my order so I was no trade, for 2 trades should worth $10k profit. Am I dissapointed? yes Am I give up? No and Never.
You see, we evolved every time we have barrier. There's countless opportunities that waiting. There're at least 30 brokers that never been struck by news trader. Not mentioned that I still work out to solve the problem at my old broker. Unlike the other trader who fight each other at the wild money market, I picked my own enemy to fight. Instead fighting with other trader which is profesionally trained and skillful, not mentioning their high tech expensive tools to trade, we are just bunch of pigs ready to get slaughtered.
I never and never said that trade the market cannot be done. Lot of people did it and there will awalys consistent winner inside. But take a look at the learning curve:
I trade from 2007 to 2011...4 years looking for suitable method, psychology, technical, and you named it, place lot of hard work on it, thousands of screen time looking at chart till my eyes blurred, rarely get out from my trading room and what did I get? Losses after losses after losses and more losses. I am tired and frustrated, felt like the market toyed me.
I started trade news from May 2011 until now. I worked less, play more, and I made more money and consistent profit. It's only 6 months and I already made money at my first attempt!!!
I rarely look at other's blog anymore but sometimes when I saw it, I feel sad :( They kept fighting and fighting not realizing that there's much much easier way to obtain wealth from trading. Some people annoyingly stubborn and still thinking they still able, after 5 years of trading and still under water!!!
Let me tell you an assumption:
You are a professional boxer. In some ways you have tricks to hide your weight so you can fight against lower class boxer. But you cannot do that at World Championship. You can only do that at locals. You made money if you win the match, and vice versa. And somehow the local championship know ur trick and banned you. But there're dozens of other local who dont know yet. Also after a while you have more tricks to cheat and harder to get busted. You have the odds and if you don't have it, you rest and keep looking for other trick, not forcing yourself to fight fair.
Which one u choose? The World or Local Championship?
You see, we evolved every time we have barrier. There's countless opportunities that waiting. There're at least 30 brokers that never been struck by news trader. Not mentioned that I still work out to solve the problem at my old broker. Unlike the other trader who fight each other at the wild money market, I picked my own enemy to fight. Instead fighting with other trader which is profesionally trained and skillful, not mentioning their high tech expensive tools to trade, we are just bunch of pigs ready to get slaughtered.
I never and never said that trade the market cannot be done. Lot of people did it and there will awalys consistent winner inside. But take a look at the learning curve:
I trade from 2007 to 2011...4 years looking for suitable method, psychology, technical, and you named it, place lot of hard work on it, thousands of screen time looking at chart till my eyes blurred, rarely get out from my trading room and what did I get? Losses after losses after losses and more losses. I am tired and frustrated, felt like the market toyed me.
I started trade news from May 2011 until now. I worked less, play more, and I made more money and consistent profit. It's only 6 months and I already made money at my first attempt!!!
I rarely look at other's blog anymore but sometimes when I saw it, I feel sad :( They kept fighting and fighting not realizing that there's much much easier way to obtain wealth from trading. Some people annoyingly stubborn and still thinking they still able, after 5 years of trading and still under water!!!
Let me tell you an assumption:
You are a professional boxer. In some ways you have tricks to hide your weight so you can fight against lower class boxer. But you cannot do that at World Championship. You can only do that at locals. You made money if you win the match, and vice versa. And somehow the local championship know ur trick and banned you. But there're dozens of other local who dont know yet. Also after a while you have more tricks to cheat and harder to get busted. You have the odds and if you don't have it, you rest and keep looking for other trick, not forcing yourself to fight fair.
Which one u choose? The World or Local Championship?
Friday, November 11, 2011
Nothing Changes
Browsing some of other's blog. The same like every f*ckin years. more loss, few win, in the end brokers always win. So why stopped fighting with market and start taking broker's money like me?
6 Months become News Trader, No losses at all in every single month. Flawless Method, Secret Method. And Stress Free.
6 Months become News Trader, No losses at all in every single month. Flawless Method, Secret Method. And Stress Free.
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