As I was only trading base on demo account, all my TA seems to be on track and able to gain some neat profits from it. It boosts up my confidence and thought that trading was easy money to make. Not long after, I went to start my first live account, unfortunately things does not appeared to be that good.
My first live account got wipe out due to “greed & emotional” trades. True enough, you may have read through all trading books that emphasize on psychological trading. But just base on reading and understanding is really not enough to overcome personal greed! You have to keep trading and practicing in order to build up a “VERY SOLID DISCIPLINE”.
Majority of the trader either give up or continue to fund in more money by learning through the hard way. However, during my NS period, I’m lucky enough to meet a friend that he has been practicing TA and preparing to become a full time trader. I approached and requested him to guide me along.
After few month of guidance, I discover that TA is all about probability and trading is also about controlling your own personal greed. Learning TA helps to improve my trading tactic, not only that, it also strengthens my characteristic. By becoming more discipline, focus and looking at things in a different perspective angle in life.
Today, I am still learning to sharpen & improve my TA knowledge to produce a better result.
The purpose to create this blog is to share my personal chart analysis, mostly on STI counters, forex & indices. Definitely, this blog will act as my trading journal to remind and prevent myself from making the same mistakes. To sum up, I am happy to share with you what I have learnt in this journey and welcome everyone to join me. Thank you.
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