New trading perspective and a new start…

December 21, 2009 in Reflections

After a few months of break away from trading, reading a few more books on trading, I finally got a much better understanding of my principles and methodologies.

In the past I was too focused on simplifying things, to the point where I over-simplified everything.

I overlooked the fact that trading is no dice throw – it isn’t purely gambling. It is professional gambling.

I realized I had made so many mistakes in the past - I was sloppy with trading, I traded with so much emotions thinking that a good methodology can cover my weakness for emotions, I ‘broadcasted’ my trades to people who don’t even care, I taught my methodologies to people who don’t even use it and undermine it, I only tested my methodologies for a short period of time….and the list goes on.

From now on, I’m not even going to put my trades on this blog. I’ve got it recorded somewhere in my laptop where only I can look at and give a damn about.

From now on, I will not talk to anyone about trading, not even friends. I will not share trades, methodologies, nothing. I will pretend that I’ve never traded.

From now on, I’m going into daytrading with a different approach.

From now on, I believe in Swing Trading. I’m going to put real money on the line with Swing Trading.

From now on, I will only talk about the lessons I’ve learnt on this blog. No more winning/losing trades. No more bragging, no more emo crap.

I’ve attained a new perspective on trading and a new level of skill.

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