From an oil refinery, project, operation and maintenance nature to a new environment where technical skills are pre-dominantly vital, I believed I need more time to settle in and to re-awake my technical strength in engineering in order to survive with this new assignment.
For now, I am working in KL and no longer in Melaka for good. From Oil Business to Corporate and I'd probably be joining one of the nation's mega project soon in Johor.
Anyway, still the same as before, my key interest is still here with forex trading, a game of probability where 90% of traders lose money. In fact I am still analysing the market on daily basis and open positions accordingly with my demo account. I am still passionate and enjoy the thrill of forecasting the market, though I could and would be wrong on certain cases.
With my live account perhaps only one or two trades per week as I am not really watching the market as closely as before due to time and location constraint.
Perhaps the best tip that I could share with my colleagues adn followers out there who may be asking where were me for the past 3 months is... focus on your timing and risk management regardless of what technical indicators that you may be using.
The deeper you explore this market, the simpler it becomes. Trust me you will know it once you are there. It's just a matter of whether you survive... or give up. You choose.
The best thing is you don't really have to guess where the market is going in this money-makingandlosing-game. You just have to understand on how to read the market properly accordingly to the trend, signs and patterns that were left behind. What the crowd is doing & could be doing has always been my first question whenever I open up my trading charts. The reason I put could is because no one knows exactly... so anyone could be wrong inclusive me.
Though the question may sound fundamental, it is indeed technical as it will be followed by technical analysis on the statistic probabilities.
Keep in mind that guessing blindly is just like gambling. So be wise with your trading decision... and be yet wiser. Don't chase the market... instead let it come to you.
One thing that dissapoint me is that most new traders who were seeking my advice are hardly listening to the advice given until they crashed their account. Perhaps this is normal huh... but what can I say. This could be the nature that brokers want to maintain in order to attract more losers into the market. So be it...
Anyway in short, all I want to say is I am still here and will keep on updating this blog whenever I have the time and ideas on what to write. As mentioned earlier in my first year as a blogger, I am not really looking into becoming a celebrity in this blogging world, instead it is a journal of my own where sharing is the key word apart from keeping them as my own personal referrence.
For those aspiring forex traders out there who just started and wish to make millions from this arena - please take my advice - stick with your dreams but make sure you learn the fundamentals.
If you have 10k for examples to start your trading, spend at least 30% of it on your trading education. It's worth it since even if you lose the rest 70%, chances are you will improve from your 30% investment in education for your next deposit.
Otherwise, you are no better than a pure gambler. You'd never learn and always remain on the bottom 90% who loose 100% of the time. Brokers would love it though...
Have A Nice Day... ;)
I thought of waking up this early morning in order to watch the Champions League Final between MU and Barca. But it was already 5.30am intead of 3.30am set on my alarm clock. Rather than turning ON my Astro, I straight away jump to my pc and check the results from soccernet.com.