DOW and TSLA were up and down during the opening few minutes. But looked at both AAPL and AMZN because they were good movement indicators for the market. But almost all option prices in my watchlist were very very high on premiums, earnings week! Did not want to risk too much my capital. So, only TSLA and GS for today. And TSLA looked good on my charting system. Hit and ran on TSLA 190 Put, $57 profit in 7 minutes. Confidence is slowly creeping back into my system.
It has been quite some time since I last traded. But am back in action now! It’s all about time management, huh? Part and parcel towards becoming a full time trader. 2 trades to profit over $100, but the holding time was rather long for the AMZN trade. Rusty, I guess. Let’s polish up!
Oopsie.. guess I can’t be a full time trader after all, not this 2014 year. Have been neglecting this business income since the turn of the year. Why? Why? Why? It is not that I did not make money from options trading. It is also not that I have stop believing in options trading. No! No! No!
In truth, my other commitments have taken a toll on me, and my vision, my ultimate objective was smogged. I gotta clear the air, and reignite the fire within. I should start attending motivational talks, relating to options trading perhaps. Who are the gurus still in play in Malaysia? Ah yes, the marathon runner, Mirriam Macwilliams and her proteges. Maybe I should take inspirations from them since they are the longest running options trading programme in Malaysia. Oh, Freely (Dr Clemen Chiang), where are you?
Enough grunts. Will need concentration and focus before diving into the market again. Need to cultivate the emotions and psychology. Always remember that trading psychology is the utmost important factor in trading and making money from the market. May the Force be with me!
It’s time of the year. Yes, end of the year review. Being a full time trader is fun and all that, but if you are not making money, you are just not having “fun”. 2013 was just an average year for me, not because I did not win money, but the last couple of months have not been productive in terms of trading the market. Been off-trading these couple of months due to commitment to my factory job.
Factory jobs are not all that fun! There are times we have sleepless nights worrying about sales, cash flows and of course, the paychecks for our staff and workers. Being the boss is not all “fun”. Stress! Luckily, the fruits of efforts are looking to ripe. Keeping my fingers crossed!
I always stay away from the market, from trading, if psychologically, I am not prepared. With all these stresses from work, It’s good that I stay clear from the making to avoid making impulsive and harsh decisions to open trades. Might ended up losing my bullets. We all know, trading psychology is the utmost important element in trading.
2013, I wrote another e-book, Reloaded: Forex Binary Options Starter Kit. It is another starter kit to guide beginners who wanted to try trading forex binary options. I have been trading binary options for some time. I started with stock binary options, quite OK the trading results. Then one thing lead to another, and I was trading forex binary options. I have not traded forex before this, but I applied the same technique I used (with some tweaks on the signaling system) for stocks to test out the forex. Hit a few bumps and walls, but did not knock myself cold, and later, I got myself up and running. Pretty good trading results I must say.
While another year is coming to an end, I do hope the new year will bring better trading results and more time for me to trade the market. I will take this festive time to reflect! To the moments of reflection for a moment to stop and see what you can not see the go – a simple joy. Merry Christmas and a happy new year!
More on the recent super low cost program that I have joined, the Feeder Matrix program. I am with Team Winners, headed by Ms Tonia Kelly from the UK. These are her excerpt about the Feeder Matrix program.
“The Feeder Matrix is the HOT new, super LOW COST, easy to run biz opp. Where else could you take a low, one time payment of $1.75 and spin it into nearly $100,000! Seems too good to be true but it’s simple maths when you look at the facts. Stage one and Two comprise of a 4 x 4 forced matrix meaning there’s a possibility of spillover and/or spillunder.
Stage 1 Level 1 pays out $7 Level 2 pays $80 Level 3 pays $640 Level 4 pays $5,120
Stage 2 Level 1 pays $160 Level 2 pays $1,280 Level 3 pays $10,240 Level 4 pay $81,920
Here in the Feeder Matrix Winners Team we follow a simple strategy to maximise income and the speed in which it is achieved. All members are expected to do their part by referring at least one person to the Feeder Matrix.
Whatever else you are doing, you can do this. $1.75 is ALL it takes – you just need a verified PayPal, STP and/or Payza account (most people have either a PayPal or STP) BEFORE you start. All payments are direct, member to member payments so no waiting until the end of the month. You can get paid multiple times on a daily basis.”
OK – STOP reading this and just go ahead and join!
I have just joined the Feeder Matrix program. This is online affiliate member-get-member program with very very small start-up cost, just $1.75 to join and get into the system. It’s tag line, “If you can earn here, no where you can..”
For as little as $1.75, I am inclined to join and test out the payment plan that claimed that with this small initial startup fee, the plan has a potential payout till $99,447. That’s way better being a full time trader?! Of course, that kind of payoff will come with heaps of hardwork! But, it was just $1.75 to join?!
Held quite long for this one. This time, chose the right exit point as AAPL tumbled right after I closed off the position. Phew.. AAPL was actually my second choice after missing out the ride on AMZN earlier.