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America President

2008-11-05T15:23:00.000-08:00

Yesterday, My boss asked me if I will watch the election of US President when I was aheading to home. My answer is undoubtable---I do not care. No matter if I am a resident of US or not, it just not a such thing to a normal person, it is only a gamble of for those white house man. Nothing yours they will care about, the only thing is definitely about money. Yes, you can say,'if Senator Obama win, he will publish a couple of policy and action to save the economy,then I can live well after that'. That's true, what opposite is wheather who win the election, the economy will be saved, cause they are saving themself also. That's the truth.

A dream about The status of trend

2007-11-09T14:33:00.000-08:00

Might be this morning ,I make a dream about how to check the status of tread. Yesterday I ready a article about " 外汇之市，势，时" from http://www.forex-trader.cn/fx/456.html.

In English should be "the situation of FX Market, the status of Trend and when Entry it"

I Think that's why I make this dream, cause I thought much about how to check the status of Trend,for there was little discussion about it in that article.

The dream like that, One guy was drawing line on the blackboard and talking about it, and I was listening to him. But The point he show was really what 's in my mind (in dream), So I stood up to interrupte him , and finish the drawing by myself, When I return back to check with him, He is disappared.

Now I just drawed the two pics above. (But I do not know how to put it after my words,does pics only show top of text on the application?),Anyway the two pics all show a up trend, but I should easily know which one might be the end of up trend, another might be just start to fly up (Probability).So for me ,

I should carefully Entry if meet the second pic. I understand it's just too much superficial, It's really hard to make sure whether it's a end of trend or begin of trend. I should check kinds of chart ,bigger trend, smart trend , whatever I have. I understand it's dependent on my experience.

So, fresher ,just go ahead ,practise more.

Study to get in , set P/T and S/L

2007-11-08T03:23:00.001-08:00

EUR/USD 30min chart

I set an order like above. The K trend is up, So I want to buy EUR, and now it is swing between 1.468 and 1.462.

In the beginning,I thought there will be two trends which will make me buy EUR:

first is above ,the trend will break through 1.467(lastest high) then going up. So I set 1.468.

If not follow my mind, and drop blew 1.645, I will stop loss.

second is, the trend drop down first , stop above the yellow line, then go up, and I will cance the the first one ,set another order.

It's a pity I should go back home, can not monitor it anymore.

Thanks Gavin's online support, good luck!

Following trend to trade

2007-11-08T01:08:00.000-08:00

I had traded sometimes on stocks in China several months ago.But always lose. The purpose I get into trade stock was to satisfy jealousness. For that period , chinese stock market was pretty hot, totally up trend. in the first day of my stock trading,I met the a exaggerate swing and drop down, and buy a stock randomly .Because I think the trend is up, It's a good chance to get in the market. But what out of my mind was my stock droping down for several days, and then , in a long term , this stock was swing all the time.
I did not think much about my action above. Just sometimes thought I was bad luck. Now I get some sign about this story from read much articles about trade.

1: before I got in, I even did not know what the market like
----It's caprice, not always up or down trend.
2: Never ever challenge the trend.
----If trend getting down for some big percent , just stop loss. You are defeated, and you should accept it. the biggest problem is human always hard to accept lost.

You might be interested in reading these as well :

0.089% Per Day Is All It Takes: http://forexfactory.com/news.php?do=news&id=54994

This talk about Accumulate, With small profit getting huge revenue in a period. Some times we really should peace our heart, as a fisher, learning how to wait. Actuation aways make you lose.

Monthly review: http://www.tradergav.com/2007/11/07/why-do-i-do-monthly-review-and-only-monthly/

No one was a expert when he borned. Learn ,Practise,Review was the only way making you as a expert. Either you are a expert now, you also make mistake, and after it, the only thing is avoiding making the same mistake, That 's what review can show you . And also,if you win, as spoke in my last post, You should know why you win.

first day being trader.

2007-11-07T01:45:00.000-08:00

It's my first time to trade forex.

Beause of my friend Gavin(tradergav.com) , a 5 fives experience expert in forex trading guy, I am really interested in it. Nothing is better than study with practise, So just went to Http://www.oanda.com/ to apply a virtual trade account, playing first time as soon as possible.
After supper,I open the window, and find a pair about AUD/USD as will, cause I am just in Australia, and AUD is strong these days as spoken...

Practise one:

second pic shows my entry, a realy bad entry...

The trend is going down, But Why I entered---It's not stupid, The problem was what in my mind,and I trust it.I thought it was a up trend, And after a little down, It would become up again.But most times, you should not trust you mind, Though it is right,but with high risk; That's always right is the trend, Pls trust it will make you earn money with most possibility.

first pic ,you can see I drew a lot of line, learn from Gavin,and also set stop loss point .It looks good, for you will not miss something, and get high profit or less loss.Just like playing probability.

Roughly, I got some thing in my first Ticket.

I should make a plan to study it, or would waste much time.

Or just should take Gavin's plan . Earn $500 as my first milestone.

And then can go to realy world.

But one point, I must remember:

The important thing is not how much you get,

but How much you know about why you get.

Start

2007-10-29T20:51:00.000-07:00

I am starting here