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8/1/2016 0 Comments

Welcome to the August -$1123

Aug is finally here!

Honestly, i did not feel any sense of summer vacation, but then again, I haven’t been feeling that ever since I said goodbye to my student life!!

Now to think about it, being a student was really a great treat, a fantastic time of freedom and fun!

July was a very interesting month, I have learned a lot of new knowledge from my trading, mentorships and books, have also benefited a lot from this website, by writing the blogs, daily analysis and order board, I actually created an accountability partner for myself to be disciplined about my trades and trade journal. 

In terms of my performance, as you might have noticed, i actually lost a whole 1% last Friday which reduced my monthly return to 0% - it’s a break even month. 

If you asked me, of course emotionally i felt a bit frustrated not only because of the loss but also because it had to happen at the last day of the month 😔


However, i was really happy because there is one thing i did it correctly all the way, and that is always controlling my risk exposure!

There are many many things that can go wrong, many unexpected surprises that can go against you, and never ever say impossible - because in this market, impossible always happens once every few years, and some people always lost greatly because of that! 

So if you agreed and understand the essence, then you’ll understand that the only thing you ever really have control in this market is your own risk exposure. 

So pay 100% attention to that, because that’s the key for you to become a successful trader.


Below was my Friday performance:
Picture
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