Saturday, November 22, 2008

Checkpoint 3

I quadrupled 3k capital in one month.

Big gains come from only 3 trades. Those with proper plan and execution. Daytrading (at night in/out kind) gave bad losses. And 13th nov stupidity when I long UJ DJ HSI NK against major trend.

THE LESSON:
Plan and clear idea of entry and exit conditions (for both losing and winning situations) before enter. Do not daytrade. Waste of time, energy and money.