This blog is my journey in forex . From day 1, I vowed to stay transparent about my progress. I feel really sad when i succumb to loss and therefore at times , i don’t even feel like blogging. But that has to change. I need to overcome my fear and confront it. I have to follow my process no matter what. I know process over money or anything shall lead me to success. Last week, we have seen some volatility especially with European currencies . I don’t care about the fundamental so i don’t know the reason exactly but i feel volatility is coming back in the market. We…
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Profitable month in Forex but still disappointed
so i ended july with +1.59% profit. Am i happy? absolutely not. I think i have left a lot on the table. Profit or not, does not make me delighted these days. what makes me happy if i’m following my process 100%. I couldn’t follow my process last month, mainly due to fear, speculation and others. I’m really strong with my journal, i have detailed journal of what i do during my trading hour. so here are something that i have spotted. i’m punching out early from the market. since i trade NY session , especially the time when it overlaps with London. But i’m calling the day early therefore…
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No volatility in the Forex market , difficult to make money
The volatility in the market seems non-existence at the moment July-2019. There is absolutely no volume to drive the charts. No chart movements, no money. This is my 3rd year of active trading but i have never seen such slow market day to day basis . I don’t know the fundamental behind it, don’t want to know as well. There are no follow through to make pips. so i think patience is the key now. Many traders may not trade during this summer time. But as a day-trader, my approach is different than regular swing traders. I like to follow my daily process and work my way. I don’t want…
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Will forex give me this lifestyle ?
I have taken 2 weeks break from trading in the mid of April. My sis was visiting me from UK so i had to give her time. It was a welcome break for me to collect back my thoughts. I have been out of the city to an awesome island name Koh-Chang and we had really good time. I was lying down on the beach-bed seeing the vast big blue ocean right in front of me. At that moment, I thought to myself YES this is the lifestyle i want to build for my self. Isn’t what I’m longing for ? Work offshore at my own terms and able to…
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Process over outcome, winning formula
Happy to report that i had yet another winning month. March was smaller than Feb but a profitable month nevertheless. I’m very excited about my achievement. so 2 months win, which means 8 weeks in a row and i suffered no losing week. Yes the wins are very small but these feelings are foreign to me. my confidence is growing. Finally i’m seeing light at the end of the tunnel. Is my trading business going to work out ? am i on my way to become a pro profitable forex trader ? Oh my god ! thinking of it giving me goose bumps. It’s been 3 agonizing years that i’m…
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Fear is the enemy of Forex
A bit pissed for my last week trade. I have been doing the same mistakes over and over again , not able to get out of it seems. I’m ok with technical expect of my trading but psychological part is taking a toll on me. I’m feeling constant pressure of winning, therefore, I’m unable to give away pips, in other words, afraid of losing. If i don’t give pips how would i able to gain pips ? Big problem. So next week, I’ll have to tweak my mind not to have fear of losing. After all these chaos, i still had a very small profit which I’m happy about. I’m…
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Another difficult but profitable week
Well it was another slow week for me but still managed to come out profitable. I think i will have to stop reporting my winning weeks as it is getting more and more regular now days. 🙂 enough of jokes, but trust me it is the most amazing feelings ever. Not the winning weeks but the idea of my strategy working feels great. If i can finish this month with few pips in my bank, i’ll increase my position size next month. These are the small small changes i’m making so that i move forward towards my goal. i made far less mistakes last week . I could find just…
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Hard-fought-week but ended as winner
First the good news. Once again i pulled off a profitable week albeit a small one. But this time it was not straight forward. For some unknown reason, last week i was nervous and scared as hell to the point where it was effecting my trades. I was not able to take my natural trades. Lucky that i could win on Thursday and mitigate the previous loss. Since i had VERY RARE winning month in FEB , i was extra cautious to give it away which was not a good mindset. However this time I was totally aware of my disturbed mindset. I constantly check my mindset and i knew…
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My first real winning month in Forex
In the last three years that i have been trading Forex on my real account, i have had my fair share of success. I could pull out a few wins here and there. I had seen winning months in the past. however, never have i ever won so confidently like the last month. Previous wins were by sheer luck and it was just an easy market. Coz the following month, i would usually succumb to a huge loss which means my wins were just gimmicked. But this time around in February, i felt it was real and i was very confident. I had a sense of accomplishment as i thought…
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Incredible positive week
Not sure where to start today. This is the first time ever in my forex career that i had 3 consecutive profitable week. I’m sure I’m on my way to finish this month on high. Suddenly i have this feelings i have got everything to become a pro forex trader. Feeling amazingly positive lately . All these time i thought i was technically sound on my chart but i think i was wrong. My price action analysis was wrong the entire time. I actually never understood the movement of price. The power of currency strongness and weakness. Now I’m getting it slowly but surely. The power of post analysis .…