After my trading fund was appeared at tradingstation yesterday, i cant hold myself to start trading. My original planing is to enter market on 24th May. I enter market after brief analisis. Firstly i trade pair GBP/JPY i lose USD79. I change pairs to GBP/USD, i lose again, and total USD114 within 10hrs.
So, today i made desicion to cooling down. I will trade again on 24th May. I limited my focus to one pairs only. It was GBP/USD. I choose this pairs because the movement was slower just and suitable to me.
I made decison also to use time frame of 1H.
I choose to to be long term trader.
It's was really tough lesson, so far i lose USD400 less than a week.
But, i will not give up. I understood trading is a skill to be mastered. I choosed this profession and i want to master it, and "trade for living " within 2 years time.
With target income of RM10,000.00 just working 2 hrs a day from home.
Wednesday, May 21, 2008
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