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…
-
-
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…
-
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…
-
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…
-
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…
-
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…
-
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 .…
-
Right frame of mind
Past couple of weeks in February has been good with me. I have ended rare positive weeks in a row. I believe that is because of my new approach to the market which is much more calculative than i have ever traded before. lets talk about it… Key to right frame of mind i have taken the strategy of being calm cool and collected. Big move in the market does not affect me much as it did in the past. I’m learning to stick to my plan and execute it. Before i would just take random trades really quick in line with the market move. Even though i’m still following…
-
Review of my Profitable trading week (working just 2 days)
This week enjoyed a profitable trading. Made a lot of tweak recently in my psychology and approach. How did i have a profitable trading? I will explain you exactly that. Read on … Started this week on Monday with fear in mind. Not sure why i was little bit scared to take trades. However, i was determined to follow my process rather than the outcome and i did exactly that. On Monday I was down -28 pips at one time but came out of hole with +28 pips. Big drop on stock market this week, especially DOW jones. So i was expecting a large move on forex market but that…
-
Forex day trading journey : welcome back
Welcome back to my forex journal. Yes i still haven’t stopped trading. Still in the market and fighting 4 days a week to survive in this world of uncertainty. I did not lose hope yet, i feel i’m very close to success in this tough business that i have chosen to pursue. Forex day trading for a living, is still very much in my mind. Now i see light at the end of the tunnel as it has been almost 3 years that i have been trading on my live account. Albeit a small account, but i’m learning heaps of knowledge. The journey has been very difficult thus far, lot…