Monday, 7 January 2008

More motivation needed!

I've been wanting to put in this entry for the past few days. But as discipline (or lack of it) would dictate, I never got down to it till now.

I had wonderful meetings last weekend.

This were words typed some 7 days ago, on the 7th of January in this new year.

Amazing, isn't it, that I can take so many days of procrastination to finally sit down and complete this post. But I'm glad I'm doing it anyway.

I won't dwell too much of matters of the past in this entry, but I must say my meetings left me with resolutions, which I haven't followed or complied with last week. So odd a mind I have that I don't do what I want to do.

An afternoon chat with Firman and Kelvin left me with the impetus to come up with a list of "to-dos" concerning forex. And that would ensure I come into contact daily with forex too. But that was not to be given my ill discipline.

But I just had a conversation with Kelvin and we promised one another to do trades and note them down in a log book so that we can review and learn from one another ('s trades) when we meet coming Saturday.

On top of that, I'll refine and reaffirm my current promise to myself to ensure sufficient contact, on a daily basis, with forex trading. I've 3 main concerns as follows:

1. Do backtesting of TNT strategies on 4hr charts - 5 trade studies a day

2. Clear the backlog of emails from my mentor's yahoogroup - 50 emails a day

3. Look for trade opportunities daily and read Daily Analysis - Done DAILY, analysis at 9am
sent by Clarence

So that's it for now. And I pray I can PERSEVERE, and later develop proper trading PSYCHOLOGY, based on a strong PHILOSOPHY of life and trading. That is the 3P formula devised by Kelvin.

Alright, wish me luck and effort guys!

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