HK April 1, 2020

I traded HSI today, woke up at 8AM and plotted my pivot lines and input the values on trade analyzer. Score was Long and I decided to go long on the market open. I executed properly, no delays in the entries and got a favorable entry and the price went up. after a few minutes, the price went down and I got SL. After hitting my SL price went up again and hit the initial TP. I wonder if I should have cut before reaching my entry point?

Traded properly. Loss due to system loss.

Daily Thoughts #1

Today was an easy one. I just didn’t see it clearly, the signs that are telling what to do. That’s why I lost today. Let’s just focus on tomorrow and reviewing today. Let the law of averages play its part. I know I will win in the long run.

Hello World!

I want to be free

The best things in life are free, and for anything else there’s Mastercard. Funny how that ad was created but honestly I never bought into that thinking that you don’t need money, and I could argue that if you have money life is much simpler. I grew up well-off than the average of my peers and so I have a fairly good understanding that you need money to make life easier. So after graduating college, I looked for a good paying job in the city and planned on how I can make my own fortune. They say I don’t even need to think about it and I could always wait for my inheritance money to come but I prefer to make it on my own. I started investing in 2011 through mutual funds but then decided to invest in the stock market after 2 years of making 50% from my portfolio without any idea how. Luck was on my side during those times, and for that started the dream of making money on the financial markets. So here I am, 7 years into it, I could say that I’d made enough but not enough to stop working. I traded ph equities, forex, global indices and even bitcoin and other cryptocurrencies. My goal now is to make it more consistent and maybe eventually trade US equities and manage my own funds or other people’s money. So for this blog I intend to make this as my journal, on what goes on my head, what I see in the markets and what my plans would be to take. Hopefully this can also help me clear my head and stick to all the lessons I learned during those years that I have studied. Expect me to post daily on random thoughts with the market and hopefully provide some trade ideas.

Introduce Yourself (Example Post)

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right.

You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click the “New Post” button, and tell us why you’re here.

Why do this?

  • Because it gives new readers context. What are you about? Why should they read your blog?
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The post can be short or long, a personal intro to your life or a bloggy mission statement, a manifesto for the future or a simple outline of your the types of things you hope to publish.

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  • Why are you blogging publicly, rather than keeping a personal journal?
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Can’t think how to get started? Just write the first thing that pops into your head. Anne Lamott, author of a book on writing we love, says that you need to give yourself permission to write a “crappy first draft”. Anne makes a great point — just start writing, and worry about editing it later.

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