About this blog

This blog was started as a whirlwind. So these objectives are laid out on the top as a reminder to me and for you to remind me. These objectives will change accordingly. Do praise or criticize me for keeping to my plan or deviating from it. This is the start of accountability to my plan.

There are Twitter updates, if you are my friend please identify yourself when you add to your follow list.

Long term objectives
1. To be financially independent so that I can free my time in devoting to God and Family.
2. Money is for memories. I want to take my Family to Disneyland in 2014. I want my daughters to remember this for life. I can also take this to my grave.
3. Trading as a vehicle to secure my daughters' future education requirement.
4. Continued learning/evolution of myself and the markets.
5. This is not for fun, it is a means for an end. Be very ruthless!

Tuesday, October 20, 2009

6E & CL Trade 18 - 19 Oct

1309h EST Well stupid me tried 6E again on shorts which was wrong. Lost 51 ticks with those trade. Took 16 ticks back on CL. I think I will just stick to CL. I could have taken more from CL just that I have the jitters.

The action was a triangle. I had some shorts but was skiddish and did not carry out the plan. In fact, long positions would have given me more confidence. I did not wait for it. Tired from the 6E trades that I went to bed at 1200h EST.

Took a short at 80.30 at 0000h EST, just 1 contract, 20 tick gain exit at 80.10. Good start of the day.

The action on crude so far. The green lines is the triangle channel and it broke upwards at 1321h EST.
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