Friday, December 27, 2013

$$$

My goals to achieve US$1000 profit by the year month end of December 2013 may have stumbled with a losses of US$200 yesterday due to my own mistakes, a mistake that i should not have made in the first place. To hedge one end with a slightly bigger margin than one i`ve planned based on my own trading plan somehow did not work due to the greed and nervousness that i encountered yesterday - unprepared is the word i would use. I though that i may have achieve a good result with a steady control of MM, but heck, what can yuo say when the temptation of greed controls you with the aim to disrupt your focus. Arggh! Never the less, the supposedly profit of US$967.89 now became only US$754.89 as of yesterday. It has exceeded the targeted US$660 for this month, and with another 2 days to go, i would hope to make at least another US$100, hopefully - insha allah. :) Then for the coming end month of January 2014, i would hope to make at least US$900 with floating point of 25% maintain for a better return. Presently my floating point is at 55% which is way more within a one day period. It was 35% during the day, but peak up to 55% due to the momentum which makes me caught off guard. A lesson indeed for a good money management.

2014

New year 2014 is coming, a few more days to go and past. Yet a lot of things that has been planned were not achievable thus the need to postpone or bring forward to the next year. Question is, how many years should it be? A plan has been setup to pursue the goals at a much better pace, but somehow the pace has to be refine / retune as a mean to avoid unwanted risk and uncertainty that may cause mishap in my future planning. Greed is a number one enemy when come to financial profit, but it also a source of good motivation. As long as you know how to control and play by the rules, it should not be any problems at all.