Sunday, 15 December 2013

November Wrap Up

Hello, I haven't updated my blog since the first of November as I felt that my blog is slowly turning into my trading journal and I'm not really use to that. I mean it can be a good thing and it can be a bad thing. For me personally, I feel that a blog entry can only be good when the updates that I write is something that I'm into. That way, the content feels genuine and that's actually the only time I feel like writing and sharing my thoughts here.

Like I mentioned in my last post, I just got back into trading last month and it feels really good and I really feel that I'm progressing each and every day. I have started to learn the market correctly and I'm starting to feel more and more confident by just looking and analysing the chart everyday. Currently, I'm working for my 20 wins on the A300 syllabus, my backtest data and also some forward test and observation for the new released SRDC3.

It would be really cool if I'm able to show some of you guys the techniques that we're learning in this Community. I recently saw some of these people from other trading groups who are showing some of their techniques like a preview in Facebook and out of curiosity, I kind of check out what they are up to offer and I really feel that there's no competition between what we're learning and what I think they are teaching.

Anyways, let's talk about the trades I took last month.

Trade Number 1 - This entry can be found in the previous post.

Trade Number 2 - I took a hit of -1420 pips. 

Trade Number 3 - I took a short and wala, 300pips.

Trade Number 4 - It's a end of the month trade, which I'm not really sure if I'm suppose during the end of the month but honestly speaking, I was really devastated from this trade because it hit me huge at my trading account as my account for that month is -63%.

However, while I was planning this blog post, I was actually staring at the chart for quite some time. I discovered something in which I never realised before and I think this is somewhat called the learning process of trading. After this entry, I find that it is really important to keep a trading journal, especially a one that is visible to the public as I need to be accountable to someone and being accountable to the public through this blog is really something for me.

If you haven't notice, I highlighted four points in the fourth image above. As we can see, it is actually a very strong resistance right at that point. That's one of the reason why that A300 activation ended up to be a fail trade.

The more I trade and the more I observe at the chart, I really feel that trading is not just about giving you the entries and you can start trading, it comes with a lot of patience, discipline and also a lot of passion and time you put into understanding more about the orchestration of the market in order to be able to profit consistently from the market.

I come to realize that the worst part among all is our emotion,s our emotions plays an important role in our daily life. Imagine you took a bad trade and you took a huge lost, it's devastating and it's gonna' affect our psychology, the same goes to a lot of stuffs in life. For instance, your first love; remember the time your first love broke you heart, so deep, so pain that you thought all the girls are the same? Until you found the one? Anyways, long story short, the point that I wanna' remind myself is that don't expect to become a millionaire from trading in just a few months, and don't expect to become so pro at trading just because I learnt some powerful technique. It takes time, determination, hard work and a lot of good positive attributes that I did not mention.

"The technique is only 10%, 90% of the success comes from our psychology" and I totally agree with that, one hundred percent.

Saturday, 2 November 2013

11/1 First Trade since USA Trip

Hello guys, it's been awhile since I last updated my blog. The reason for this long disappearance is that I went to United States for a work and travel programme. A lot of people are so interested in how I got to the States and I will share my experience and how to get there once I feel like writing. Overall, I had a great time there, meet a lot of awesome people, witness a lot of interesting stuffs and it is also a very memorable experience in my life. 

Anyways, I was at the States for four months and a lot of things changed, a change of lifestyle, a change of standards, a change of environment, and I came home with a bigger goal and a bigger dream.

Last week, I get to meet Marcus, Adeline and another two traders from KL, Shawn and Nee. It was a great week as we get to spend a weekend together, getting updates of our community as I was away for four months and pretty much the syllabus changed a lot. I also feel that the trip to the States kind of grow me into a more mature person as I feel that I see the whole trading profession as something different from before. I realised that I focused too much on entries and exits and forgot about the movement of the market. Marcus kind of shared how he interpret and read the chart which I would say is very valuable and it's like 'study the movement' instead of 'finding an entry'. 

I already feel that I am a better trader than before and I'm certain that I will become a better trader in near future. Anyways, today mark the day of my first A300 win since I got back from the States. The experience of taking this trade was so good as we were already anticipating an entry since 7PM as there was a signal from the Ambuyat levels. 

Notice that the whole trade, entry to exit, took place in less than a minute.
I got back from work and I was with my laptop waiting for an entry. It was a funny one as I entered when I got the confirmation and the price went down so fast that I didn't even had the time to set my 'take profit' as the price hit more than my target which is more than 300 pips so I had to close the trade manually. It was a 340pips profit, and I was in that trade for only about 10 seconds. 

I'm really glad that I'm making progress and I'm excited about what this community and skill can help me get to my dreams.

One last shoutout to Adeline & Marcus, I'm glad to be able to spend time with you guys, and I really  learnt a lot from you guys. Thank you!

Monday, 10 June 2013

5/7 490 Pips Harvest.

Last Friday, we were not supposed to trade as there was a reason for it. However, I took a short, aiming just 490 pips and I got it. There was a potential of 3000+ pips. Anyways, always feeling grateful. Looking forward to the following weeks ahead..

Thank You.

Friday, 7 June 2013

6/7 Mixed Feeling

Today is a very interesting day. Something out of the ordinary happened today and I learnt my lesson I would say. First of all, I entered a trade in late noon. I took a short and it bounced the support and I was a thousand plus pips negative. I was out, bringing Milkie out to vet and I did not see the chart until about 5. I took a hit of 1300 pips, it was horrible. 

Then, I took a long not long after (believe me, I wasn't doing revenge trade). I took a resistance break (doing forward-test, not official srdc technique) while waiting for a A300 break. Damn! It's as if the price is playing mind games with me and it went down for another few hundred pips, but I held onto my trades and waited and waited and waited. While playing games, I tp-ed at about 12 AM. 

Today, I experienced confusion in ambuyat gap. Besides that, I feel that I have to get my psychology straight as I felt that I was too hasty entering trades. If it wasn't because of hastiness, I wouldn't have got that negative 1300 in the first place. Anyways, I think I'm gonna' send Adeline & Marcus a journal to solve the confusion in my head regarding the ambuyat gap.

Wednesday, 5 June 2013

6/5 Forward Test

Hello peeeps, I just got back from KL last Saturday and it was quite a journey. The review session in KL was totally worth it. It is eye opening, very motivating and inspiring. Lately, a lot of trader's journal are up online, I read a few and it keeps you motivated as you don't wanna be left behind not trading where as everyone else is making progress. This activity rocks as I feel the momentum to check the chart everyday the first thing I wake up in the morning. (P/S: I did not do that before all these while)

I learnt a lot from Marcus from the previous review session. I believe he gave a lot of hints regarding A300e, which is a very powerful setup which is not officially released yet. I'm really eager for the setup and looking forward for it as looking from those journals, the entries are totally unpredictable and it can easily harvest 500 pips everyday. Omigosh!

Anyways, from what I learnt from the previous review session, the curiosity within me of course made me wanna' figure out how A300e works. I mean, it's not easy and I'm not a genius but I wanna' keep observing the movement of the market before learning that new setup. However, I did enter a trade today base on using the ambuyat gap as take profit. Anyways, I'm forward testing what I had been observing and I won't wanna' risk anything on my live account before learning the real thing.

Here's my entry of the day.

Be grateful always.. There will always be more. :)

Looking forward to each and every day. <3

Friday, 31 May 2013

31/5 A300 Trade

Hello, yesterday was another day where I harvested 300 pips from A300. I was in KL yesterday, running around here and there, didn't really have the time to look at the chart until I reached Exilon V Sdn. Bhd. for the first time. I sat down, checked the chart and saw an entry. So I entered, and I didn't even know when I took the profit because I did not check the chart until this morning.

Happy A300!

I took a long obviously. The orange vertical line indicates the candle where I entered.The green dotted line indicates the price where I entered, the red line indicates where I tp-ed. So, I suffered a reversal of 1000 pips. I actually didn't realized until actually writing this. I wonder how does it feels like when I look at the chart and it goes negative 1000. Quite scary I suppose. But it turns out well, it went down for a reason where only SRDC students understand why. Eventually, I tp-ed after 6 hours of wait. :)

Hope to update this blog more frequent, which means more trades! 

Friday, 24 May 2013

Why Do I Trade?

I am a gold market trader and I have been learning the art of trading from a year ago. Trading is fun and is full of potential, potential in terms of another source of income, freedom of time and it's easy when you are part of a great community. About a year ago, I was in an urge of wanting more money. I started thinking about my future and I started thinking if I were in the right track to make big chunk of money. 

In fact, becoming a fresh grad in graphic design in degree level is about RM 1,500 to RM 2,000 and that's about it. You work 9 to 5, probably Monday to Friday and slowly climb the ladder, try other opportunities in other companies, states or country for a higher salary and you work for the next 10 to 20 years only to find that you're stuck in the job.

Obviously, that's not what I want so I started looking for other alternatives and I encountered something called trading. I started learning from a community called SRDCWorldwide which specialize in teaching financial intelligence, technical charting analysis and world class dinar and dirhams.

So far, I am very convinced with the system and I personally feel that there is nothing like what we learn out there. It's very powerful and highly accurate where you can easily harvest pips from the market. To me, it's another form of side income as I could still continue what I do and earn something extra from the market.

Right now, I am at a point where I feel that I am more confident in my skills and I'm still learning day by day. I would say I'm about there to really start growing my live account. Still lack of confident as I'm still strengthening my psychology by backtest and forward test. What has psychology do with trading? To be successful in trading, it requires 10% of skills and 90% of psychology. That is why, knowing 1+1=2 is useless when you don't know how to apply it.

Learning to trade is not a get-rich-quick-scheme (skim cepat kaya). Trading requires the right knowledge, the right attitude (psychology) and the experience to get it right. Like many of us who are studying, how long it takes for you to graduate? 4 years? 5 years? Its about the same when it comes to trading, we are expected to be good at it after 2 years of practicing. 

The good thing is, everybody who sees the potential in this and have an interest for this source of income can learn. It does not requires you to be a lawyer, engineer or doctor to be able to understand how the system works. It does not requires 10 straight As' in SPM for you to enroll. "It's for everybody, even my grandma can trade!", they said.

To sum up, the reason I trade is because I find that it a good source of side income as the potential is really big and it does not take a lot of time. You don't need to own an office, you don't need to wear proper uniforms, you don't need to get caught in the traffic, you are your own boss and you can basically make money in your boxers. All you need is to learn from the right people..

Wednesday, 22 May 2013

The Beginning of My Future

Greetings from Kuching, Sarawak, Malaysia and hello everybody. Welcome to my little blog. Today is a very good day and there will be a new label for this blog starting today. I shall call it 'Pipping Journey'. Starting from today, I will be posting all the trades that I make, be it the wins or the loses. This will serve as a self evaluation journal and also a testimonial to many people who doubt what we do.

First of all, I would like to thank my family, especially my father and my late mother who raised me up, fed me and provided me with everything that I need. Secondly, I would like to thank my big brother, who has always been a role model deep in my heart. He influenced me in a lot of ways, since I was a kid, he already started teaching me with all the values and lessons in life. I would also like to thank my beloved, Lilian Voon; who has been by my side for the past 4 years, she's my everything and has been staying by my side in my highs and lows.

Also, I would like to thank SRDCWorldwide; without the existence of this community, there won't be a chance of me writing this posts and I also would not have gotten the chance to learn how to trade like a boss. I would like to thank Sir OrangeRoshan for making all of these happen. I would like to thank Adeline, Cherry, Leonard and Salwana for doing that preview in Kuching during that time (great timing). Also, special thanks to Adeline for mentoring me throughout my journey. Not to forget the very handsome, hilarious, inspiring man I look up to, Marcus. Thank you all very much.

So what do we do? Our community basically provides 2 things. Number one, technical analysis for the financial market. Secondly, we sell world class dinar and dirhams. This blog (Pipping Journey Labeled)  will cover the technical analysis part where I record down what I do in my trading account. Basically, we learn to predict the market movement, and we harvest pips/points from there and make money out the trades we make in the commodity market. Questions are welcome, feel free to find out why we do, what we do, and how we do it.

We just trade differently.

- - -- --- ----- -------- ------------- -------------------- ------------- -------- ----- --- -- - -

May 22, 2013 - Wednesday

There was no A300 activation for today. However, there was a 3A activation. When I saw the chart, I was an hour late. However, I still see that there was at least 400 pips of potential movement, so I entered. After 4 hours, I took the profit of 420 pips. This is the trade of the day. 

The green dotted line indicates my entry level and the red dotted line indicates my take profit level. The green arrow point upwards is the point where I buy, and the green coloured tick is the point where I took my profit. Cheers!

May the pips with all of you!

Saturday, 13 April 2013

Best Day Yet

Today is a good day, I woke up after a good night sleep and the weather's great. Nothing magnetic is pulling me back onto the bed. I just feel wonderful, feel great and it's amazing that how good today can be. This is the best day of my life yet.

I see the blue sky, the cloudy bright sky filled with hope and love. All and all makes me feel more grateful for living in abundance, a life to enjoy, a life filled with love, wisdom, wealth and joy. It is the best experience ever.

Sunday, 13 January 2013

Welcome 2013

2012 has been interesting, a lot of things happened; some well planned, some surprises and some out of the ordinary. It seems like it has been such a long year that I actually don't remember much of what happened in the early year of 2012. I hate to say that it wasn't a really great year, as I'm looking for productivity but I did not produce much of a result. Hopefully, this year is gonna' be better. Looking back, what are the things that happened to me and what are the major events that had people talked about in that year?

The first thing I can think of is the failure of the Mayan's Calendar. It has been a hot topic saying that the world is gonna' end in 2012. Obviously, as we are reading this, we know it is so not true. I wonder who came up with that idea. I wasn't a believer as I feel that if the world is gonna' end, I don't think any human is able to predict about that. Perhaps for some people, such a rumour would make some of us to live life to the fullest thinking our days ahead are limited.

In the year 2012, I was also exposed to quite a few information about the economy, about some of the things they don't want you to know. It's quite a shocking thing to be honest, about all those theories. Besides all those, I also came to understand the monetary system that the the world is using and how it is affecting us. Not only that, I started to listen to inspirational and successful people like Anthony Robbins, Robert Kiyosaki and Mike Meloney. All these people are all successful people in different aspects in life.

Apart from these, my study has almost come to an end. I finished my second last semester in year 2012. A few weeks later, I'm gonna' start my final semester then I'll be in a different stage of life. In fact, I'm actually looking forward to it.