It's been a while since my last post, so what happened? After a stellar run last March and April where in I was able to 3x my account, the account hit margin call last July 7 and blew. Well before the account blew, I manage to loose all my winnings for March and April during the month of May, so I started June back to square 1. I made a decent return last June and if I am not mistaken my %ROI for June was 10%+ but I made a mistake in one of my trades. I left that wrong trade open hoping against hope that the market will turn to my favor again but alas, my account blew.
Lesson learned? DON'T BE GREEDY! I was in a hurry to grow my account and I deliberately disregarded all that I have learned in SRDC.
What did I get from my blown account? I learned how to use Ambuyat to determine if a trend is exhausted or not. This new learning helped me a lot to meet my July target and got me back on track to my journey to equilibrium.
By the way, I'll be re-formatting on how I share my trades. Instead of doing post everyday, which is very taxing, I'll be sharing all my trades within the first week of the succeeding month. So stay tuned I'll be sharing how I did for July and the results are just amazing.
No comments:
Post a Comment