Showing posts with label Discipline. Show all posts
Showing posts with label Discipline. Show all posts

Tuesday, 5 July 2011

RSI Performance From January To June

Click HERE for the details of RSI performance in the first half of this year.

STC Indicator Performance From January To June

Since publicly open up for viewing, the stc indicator profit and loss record for every single trade can be seen easily, excluding profit maximisation strategy. Click HERE for details.

Friday, 22 October 2010

Lesson - Trading Plan

A: what is L ?
B: L is long ( see page - " CPO Hourly Indicator " )... we deal with mat salleh...they like long or short...
A: ic
B: we asian always short ma they say
A: haha
B: Tehnical indicator is like your girl friend b4 get marriage...like stochastic indicator in this blog in page "CPO Hourly Indicator", a lot of people don't know how to use...
B: indicator need to be learned in a very simple way, but people teach wrong way...
B: so let it be, so that only we trader can make money lo
A: haha...true, we all still hv a habit of....take fast profit, let losses run
B: every trader must build own trading rhythm...you and him cannot have same rhythm so that both of you can succeed on your own way
B: tell him more discipline will do... when he get discipline, his rhythm is back.
B: you also, build ur discipline...you are a potential trader to succeed in this line, i think so.
A: ok
B: in short term trading...kill this - "mindset is sell, hard to turn buy"
A: ic
B: but specialise in one indicator first. Mean...master only 1 or 2 indicator only...dont learn to many
B: just like - fall in love with ur indicator like fall in love with a girl...see why it "change this change that" to attract u...
A: haha
B: when u have too many indicators to read, it is like u hv too many girls...too much distraction already...one ask u buy, one ask u sell, one in between...so HOW!!!
A: fainted...
B: ya, and your rhythm will be out....
B: build ur discipline and it can build ur rhythm... trading is a kind of business also...need time to build ur business network.
B: so, indicator is your business network...indicator is your discipline.
B: if indicators tell buy, buy...
B: indicator only tell u buy or sell....no wait or see how... but when u build ur discipline already, after sell or buy, with trend, u can then wait and see how to maximise profit with the indicator
B: so, from now, eat and sleep with ur indicator la
A: haha
B: read back all the level...why and when turn buy, how long it being turn long, how high indicator ever go...vice versa
B: how many days it already turned short...u can even test on short term chart like hourly...which u can see more things like in my page " CPO Hourly Indicator "
B: when u build up ur base already...then when u see other chart with this indicator...u can feel the market momentum too.
A: k...