03 December 2009

How to Plunge into Instant Despair

  • Updated charts from previous post "3 Favorite Charts".
  • All gone horribly wrong in a remarkably short period of time. Seriously not quite sure I know what I am doing anymore.
  • Unlike previous trades to which could be attributed to a "Rosenberg" bias (which I have completely purged), this latest batch is purely based on my own system.
  • Trading sizes been reduced to absolute minimal and even then none of my calls are right and timing could not be any worse if I tried.
  • Back to the drawing board.

2 comments:

SimpleTrader said...

Hi Tio,
Looking at your past few posts I can sense a great deal of frustration. Understandable in these markets which have been quite directionless, stuck in narrow trading ranges for the past 3-4 weeks (except gold !!).
Just eyeballing the charts I get the sense that your conclusions are different today than what they might have been a year ago. Perhaps you are over-analyzing, thinking too much? Maybe you just need to trade on the basics.
I'm sure your results will get better when the markets get some direction.

Pandu
All the best.

Taichiseal said...

Frustration : Yes

Over-analyzing : Yes.

Conclusions different a year ago : No I do not think so.