Thursday, July 31, 2014


My worse trade todate :

have decided to trade index . for the previous few nites , the resulat is good . guess that get into my head and affect my emotion today .

This is trading  ... just like gambling .. you are not always right .

Good trader are just gambler with good probablities on their side ....so when the trade direction are not in the hand , one should have the mental toughness to cut the loss ..

learn this expensive lesson . Meet the biggest drop in a day for DOW jone today . despite all the sign to cut loss , i go to hold  on instead .

I should have cut loss fast once all the sign confirm . It is ok to be wrong about the direction .

remedy : to be a good trader i must recognise and have the mental toughness to cut loss ..

CUT LOSS FAST !!!!!!!!!!!!!!

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