Pencil Leads

Terrible days this week. Yes we know there are winning streaks and losing streaks, and I have heard of successful traders going dry or at a loss for half a year and more. But this is also quite hard to…

One straight month with no profits, but this week I have made certain changes to my strategy after monitoring and cooling off for 1 month. GBP/USD I have opened a grid to short the pair starting from 1.27. It is…

This week has been another frustrating week. Gold and silver fell slowly over the first few trading days, to the point that I was hopeful it will trigger the closing of my remaining silver trade and the taking of profit…

This week has been a more exciting week for my long-term investments, but a very frustrating and annoying one for my short-term trading portfolio. On the investment side, the Chinese stock market took a significant hit, and prices of stocks…

After last week’s good run, this week is yet again another 0 profit week. There were many temptations especially during after the release of the CPI data and FOMC announcement. However, as the volatility did not trigger any opening or…

This week I put in another queue at 4.51 RMB with a position size of 1300 shares for Three Gorges Renewables (600905). Prices of the share fell to the lowest of 4.55 and dashed back up to 4.70 on the…

It was a boring week. 0 profits in total. The currencies and metals were stagnant. It was as if the market was taking a break or waiting for something big to come. Nonetheless, one should stick to plan and not…