Haha. To be honest, there will be no mention of specific trades here. Well...I did do a trade. But it was in a sheepish effort to gain some pips. Imagine, all that just to gain more money in paper trading.
Well, as previously said, I've been reading this book at Times. And I completed it yesterday, and I still plan to go back to read it up once or twice more while I'm still at working at my current position.
By the way, the title is "Adventures of a Currency Title" and I highly recommend it to everyone who is thinking of, or is involved in, Forex trading. One of the reviews put it very well. Raghee Horner said "The search for the Holy Grail (of successful trading) begins and ends in the heart and mind(of the trader)". And that is amazingly true. Because we can always buy a system, or learn how to decide on which trades are low in risk but high in profit, but we can never buy or acquire discipline. In fact, the main character, when guided by a mentor, was never told how to decide on trades.
There were 3 rules. And here they are:
1. Thou shalt not lose more than 25% of thine account.
2. Thou shalt test before trading.
3. Thou shalt stand accountable to another person in thine trading.
And that sums up what Harry, yes, that's the main characters name, was taught or induced to develop by his mentor. And the end is beautiful, because the person Harry stood accountable to was his wife.
Maybe I can hope for Miranda to join me in this journey.
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