Thursday, December 27, 2012

Missing The Boat Is Worst Than Losing A Trade

I missed the recent rally of CPO Futures (March 2013 Contract) due to my consecutive big loss of the last two trade which affected my judgement.
I feel more miserable of not following my trading system which caused missing the boat than losing a trading. This is the stage I am in right now; "If I were to go in in the middle of noway, I might be late but what if the surge continue." This thinking has been bugging me since 21 Dec 2012 when I lost and missed the long opportunity.
Trading is never easy
Posted by at
Labels: ,

3 comments:

  1. cykoayDecember 27, 2012 at 1:22 PM

    Hi Abel,
    I already feel that you are great. You dare to follow your trading system. I have same feeling as you.

    ReplyDelete
  2. kanneenahDecember 27, 2012 at 2:59 PM

    Missing the board or missing the boat? Anyway, you are over trading ie your capital is still too small to trade 2 lots!
    Take a look at cposystem.blogspot.com watch and learn how Richie sizes his position...by the way, Richie is a Stanford grad!

    ReplyDelete
  3. AbelDecember 27, 2012 at 3:05 PM

    Thank you cykoay and Thank you kanneenah for your information

    ReplyDelete

Subscribe to: Post Comments (Atom)