Reflection Post for Year 2013
Looking back my blog posts like a diary, I understand that I make a lot of calls, some hitted, some never move, some misses. However, overall hit rate was still very decent. I dare say higher than 65% for most of my watchable stocks will not incur you losses. Of coz there are many others that I did not publicise. I also see myself fine tuning my trading techniques and setup the last 6 months.
I am not here to sell you my trading semniars or to be yaya. This is just a diary. There are always people that are much better than you, have more access to private informations than you etc. One thing that i learnt from my 1 year of experience in stocks trading is that always be humble. You are humble to yourself, not to anybody. Admit you are wrong, weak when you truly are. Understand what happened and what went wrong. One year ago, after graduated from my training courses, I started thinking that i can conquer the world with some "Pi Mao" TA, looking at stochastic, macd etc. This things does work, but not for me. I am really glad my curiosity landed me into exploration of VSA/wyckoff and I hope more of you who are practioners of TA, will seek to to the same as well too.
Like how others use their blog space as a diary, I think I have learnt tremendously this year. I have picked up probably the most important skills that is needed to suceed. I am also very glad to see Wang profiting after he picks up VSA from me. I think I will have difficulty beating his 9 consecutives winning trades in a row. One thing for sure, I am glad I have the chance to teach him too. When you attempt to teach, you learn more as well. Trading is such a complex subject that I am consistently learning from the market himself. I totally love it. It is also a good feeling to see him doing well too.
As many of you know, I am a stockbroker. But come next year, I will have interest in the forex market as well. I will be combing 2 techniques into one. Hopefully it will be a sucess. Im confident in it! After a few back tests, I am really confident that this could be a lot easier to "flip" than stocks. Stocks is like first love to me though ... <3 p="p">
Lastly, thank you all for reading. While i am not crazy over viewership, I do get surprises from public once in a while.
Hongwei 12/28/2012 1.21am
I am not here to sell you my trading semniars or to be yaya. This is just a diary. There are always people that are much better than you, have more access to private informations than you etc. One thing that i learnt from my 1 year of experience in stocks trading is that always be humble. You are humble to yourself, not to anybody. Admit you are wrong, weak when you truly are. Understand what happened and what went wrong. One year ago, after graduated from my training courses, I started thinking that i can conquer the world with some "Pi Mao" TA, looking at stochastic, macd etc. This things does work, but not for me. I am really glad my curiosity landed me into exploration of VSA/wyckoff and I hope more of you who are practioners of TA, will seek to to the same as well too.
Like how others use their blog space as a diary, I think I have learnt tremendously this year. I have picked up probably the most important skills that is needed to suceed. I am also very glad to see Wang profiting after he picks up VSA from me. I think I will have difficulty beating his 9 consecutives winning trades in a row. One thing for sure, I am glad I have the chance to teach him too. When you attempt to teach, you learn more as well. Trading is such a complex subject that I am consistently learning from the market himself. I totally love it. It is also a good feeling to see him doing well too.
As many of you know, I am a stockbroker. But come next year, I will have interest in the forex market as well. I will be combing 2 techniques into one. Hopefully it will be a sucess. Im confident in it! After a few back tests, I am really confident that this could be a lot easier to "flip" than stocks. Stocks is like first love to me though ... <3 p="p">
Lastly, thank you all for reading. While i am not crazy over viewership, I do get surprises from public once in a while.
Hongwei 12/28/2012 1.21am
Indeed bro :) Thanks for being my friend. Edy.
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