Saturday, 1 November 2014
This is the result achieved in October after Bootcamp in Phuket Thailand. A
whopping 3400 pips harvested with 37.6% ROI for the month. What does it mean? This marks the first mile stone towards a Financial Independent life style and I can afford having more dreams with my family.
What are the right things I did in October? (1) Having the right mindset and psychology; (2) Share my understanding with other SRDC traders so that I am aligned with the teaching in case I got part of it wrong; (2) Keep forward testing while taking live AMG500 trades.
As you can see there are some pretty big -ve pips indicated in the charts above. In fact I suffered 2 big losses in the October trades. This is due to over confidence and OVER ANALYSIS, thinking that the market was still heading to the direction I initially perceived. When market gave new signal, I should have followed that new direction. Filtering that wrong compass will be my new goal next month and keep the analyses simple and do not over complicate it.
By the way, I had this surprise BONUS in the same month too that I got the HEDGING part done right. Previously I hedged too many pairs and ended up with having trouble sorting them out. That was messy and good lessons learned.
Have a great month ahead. I can't wait till Monday again as I am suffering "Saturday Blues" due to market is closed over the weekend.
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