THE MARKET DOESN'T KNOW & DOESN'T CARE ABOUT YOUR PRESENCE...

The first week of trading in the new decade didn't look good to me generally with 3 days in a row encountering losses. I made more bad calls rather than good one. Followed the system with tight stops and in most cases, I got stop out every now and then.

I guess I need to review back my strategy as volatility did kill my position quite often... Anyway...

The thing is, whenever you have these string of losses coming to you, you start thinking that as if the market knows where your positions are and keep on going against you.

But looking back at every broker's charts and candlesticks, you realize that all these charts are similar and we are talking about trillion of dollars turnover in a day with perhaps millions of traders all over the world trading this one particular market. There's no way this trading is all about attacking my position. If you get what I mean, I am pointing out a fact that it was just co-incident that I got it wrong (as with the majority, perhaps) that consequently brought me in getting all these losses.

So if we talk about 90% traders who lost money most of the time, I guess I am among the 90% in this case for the past 3 days. Got to get out and review back the whole thing.

I believe the market movement are made from the majority's decision but somehow its the combination of big money from the institutional traders that really create the impact when breakout or rally is happening.

I guess though I hate losing, this is what we called as part of the game. If you are not in proper control, you can easily take revenge trade, risk bigger blindly in order to recoup your losses, and jumping into a trade that you would regret.

Really, I'm telling you that it's DEFINITELY NOT EASY....