March ROI Summary

Salam and Hey fellas! It's been a while since my last blog entry. As usual, I'd like to share with you guys on my March trades summary.

It's a tough month for me and I'm willing to be positive about this. I'm sharing this matter because I know other traders have experienced or will experience this in the future and it's never an easy thing to be straight up honest about your mistakes or losses.

This month I had 27 wins and 2 losses which is a very good ratio. However those two losses have offset the total profits completely. These two losses caused by holding a reversal trade for too long and it cost me a lot (emotionally too!) 

There was this famous quote called "Exit, take the loss and move on"

Yeap, I moved on alright..but did not take the first step and suffered a bigger loss instead. Believe me, every SRDC traders know this but...still.

Having said that, I'm going to start again by backtesting the current setups that I have until it has synced with my understanding. Yes, of course after consulting my mentor I'd have to agree to do the groundwork/groanwork...(lol!) for my own good.

And, of course having said all that again, I still believe in SRDC because I believe this is what I have to go through before achieving my goals. I'm sure if i hadn't make this mistake, how else am I going to learn. It's easier said than done and i'm partly glad it happened sooner than later. The system works 110% but the human brain will always think of other ways to defend themselves. Strange but true.

Anyhow, just for the record..with no loss the ROI could have been 53% in roughly about 3 weeks since I've only started trading on the 2nd week of March. Gah! 

On the other hand, I had a great weekend and "kidnapped" my mentor to attend my company's celebration. Just so we can talk more about trading. No kidding!

With Harith Iskandar, Malaysian stand up comedian

Anyway peeps, tomorrow market opens and let us catch some more pips and I know you can do it! Stay positive and have an awesome week ahead. This song is for you.