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.

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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!