For much the same reasons as the last time I did something like this, the Only The Momo trade room is back! Visitors will be able to listen in on my analysis- along with entries, stops and targets- as I attempt to take the trades myself. See the penultimate paragraph of this post and my recent Twitter posts if you're wondering why I say "attempt"...
I'm working on becoming a trader. But what I already am is a great analyst.
To understand why I'm making such a bold statement (along with what I think is a fantastic monthly return for only an hour's trading per day), stop by between the hours of 19:00-20:15 CET/ 13:00-14:15 ET and judge for yourself :).
P.S. I'm in the process of creating video lessons for a comprehensive course detailing every aspect of the methodology in addition to the many psychological pitfalls and money management strategies. It will be available through this website....watch this space!
P.P.S The first videos are up! Check out the "Education" tab at the top of the blog for a short description about each of them.
Monday, October 13, 2014
Friday, July 25, 2014
Back...
.....but only long enough to promote talk about my latest challenge.
As I hinted at before disappearing, it was time for a more holistic approach to life/trading success.
In the last 12 months I've radically changed my lifestyle: Diet, Meditation and regular exercise (Coming from an athletic background, I hadn't noticed that I was slowly...very
slowly...becoming rather sedentary) along with making sleep a priority again.
So now that I am no longer addicted to trading (I regularly trade just an hour a day and actually have dinner with my family again. Everyday. Without fail! Something I hadn't done for years before..) and have smoothed out the Emotional Variance to a large extent , I feel as if I have what it takes to accomplish the much touted sign of true competence in trading:
I'm going to make 100% on my account risking 1.7% per trade.
Expectancy suggests that should take until late Nov/early Dec, but I'm targeting the end of the year. If it takes longer, so be it. Less time would be icing on the cake...
My progress can be followed on Twitter and also on YouTube....I'll share as much as I can without distracting myself from the task at hand. I've already noticed a difference the other day when I flipped Camtasia on to capture the live trading, so I'm not making any promises where videos are concerned!!!
Links at the top right hand side of the blog- See you there!
As I hinted at before disappearing, it was time for a more holistic approach to life/trading success.
In the last 12 months I've radically changed my lifestyle: Diet, Meditation and regular exercise (Coming from an athletic background, I hadn't noticed that I was slowly...very
slowly...becoming rather sedentary) along with making sleep a priority again.
So now that I am no longer addicted to trading (I regularly trade just an hour a day and actually have dinner with my family again. Everyday. Without fail! Something I hadn't done for years before..) and have smoothed out the Emotional Variance to a large extent , I feel as if I have what it takes to accomplish the much touted sign of true competence in trading:
I'm going to make 100% on my account risking 1.7% per trade.
Expectancy suggests that should take until late Nov/early Dec, but I'm targeting the end of the year. If it takes longer, so be it. Less time would be icing on the cake...
My progress can be followed on Twitter and also on YouTube....I'll share as much as I can without distracting myself from the task at hand. I've already noticed a difference the other day when I flipped Camtasia on to capture the live trading, so I'm not making any promises where videos are concerned!!!
Links at the top right hand side of the blog- See you there!
Subscribe to:
Posts (Atom)
