After years of just browsing, I have decided to start writing a journal.
There is no specific reason, just thought would share some of my trade ideas.
My background-
I began trading part time in 2006 as I also had a separate business to run.
For the first two years I was just fooling myself - looking for tips, trading without much analysis, taking positions atleast 5-10 times bigger than what my account size warranted, having no idea about reading the charts. You name it and I was making that mistake.
I was fortunate to catch the copper upswing in 2006 which gave me a false sense of confidence.
In summer of 2008 because of a customer bankruptcy, I had to take a major loss in my business, my health deteriorated and finally my bad habits and undisciplined approach to trading caught up. In June 2008 I lost 75% of what i had made trading in 2006-2007.
I was shell shocked and after few weeks of soul searching I decided that I will close my business and get into trading full time, but doing it the way I built my business.
From the beginning I was doing both futures and stocks and then last year I started doing fx.
Here are my results from Jul 2008 fwd
There is no specific reason, just thought would share some of my trade ideas.
My background-
I began trading part time in 2006 as I also had a separate business to run.
For the first two years I was just fooling myself - looking for tips, trading without much analysis, taking positions atleast 5-10 times bigger than what my account size warranted, having no idea about reading the charts. You name it and I was making that mistake.
I was fortunate to catch the copper upswing in 2006 which gave me a false sense of confidence.
In summer of 2008 because of a customer bankruptcy, I had to take a major loss in my business, my health deteriorated and finally my bad habits and undisciplined approach to trading caught up. In June 2008 I lost 75% of what i had made trading in 2006-2007.
I was shell shocked and after few weeks of soul searching I decided that I will close my business and get into trading full time, but doing it the way I built my business.
From the beginning I was doing both futures and stocks and then last year I started doing fx.
Here are my results from Jul 2008 fwd