Recent content by P.I.T.

  1. P.I.T.

    Full Time Newbie Journal

    :thumbsup: Thanks for the advise, indeed repetition is the way to get excellence at it, but I really don't want this kind of drawdown happen too often LOL and I guess no traders want it to but it's the nature of this business and it'll surely come again in the future. Trying my best to look...
  2. P.I.T.

    Full Time Newbie Journal

    At the time of this writing, I'm having a serious drawdown of 14.23% since March 2014 in my currency trading account and it's my worst month of my life. My backtest results and past trading history have even higher drawdown than this. But the dollar amount lost is quite significant for me (In...
  3. P.I.T.

    Full Time Newbie Journal

    Thanks ffsear! You're so fast! :clap:
  4. P.I.T.

    Full Time Newbie Journal

    Hi Guys, This is my journal, I've been trading full time since 2012. Well, although it's "Full Time", I've a part time job (freelancer) which covers all my bills and put food on my table with a few hundreds left for savings. I work for on average 5 hours per week for my part time job and 10...
  5. P.I.T.

    What is the long-term?

    It depends on the trader/investors, we have to figured it out ourselves. For day traders, 2 weeks might consider long-term for them but short term for position traders.
  6. P.I.T.

    Is trading just a numbers game?

    You are close to it :thumbsup: But you missed out a few important points, risk management, money management, objective and your backtesting. Even you found a strategy/system that suits your personality, we still need to figure it out how much are we willing to risk at any given trade. Do you...
  7. P.I.T.

    How many instruments do you trade?

    I trade multiple instruments, including different asset class. The markets doesn't trend all the times, sometimes we will see certain instruments trend nicely and very profitable to trade and other times, they are just consolidating which is difficult to trade. However, we need to take our...
  8. P.I.T.

    Sticky Introduce Yourself

    Hello guys, I'm a swing and position trader as well as an investor. I'm from Asia and I'm glad to be here! I've been in the market since 2011 and have been trading full time now for 2 years. Look forward to learn and share experience with every traders/investors here.
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