Wednesday, 12 February 2014

Good Resuls, Bad Guy

I've been making strides since investing in my trading education. Where I have fallen off is in the reporting aspect...reporting it here. A lot of  events have transpired since January 22, 2014; some I wont disclose; some are downright emotionally gut wrenching and embarrassing, and some were proud moments. My best friend opened up a water sport venture here in the Bahamas, and I am proud of him for it. Anyone that assess all the risks involved with starting a business- and then starts it gets my respect. Just in case any reader of my blog comes to the Bahamas (Nassau), please drop in and take part in his business. I've been out there two consecutive weekends... I had no idea kayaking was so much fun!! Here are a few ads for his business:

 On trading news, I was a little skeptical about posting those results at this time because they are simulated trades in a demo/practice account. I didn't want to give some sort of illusion about the amount of money I was making; that tends to be the very first thing that is looked at when it comes to trading. I also didn't want to give the illusion that I am better than I think. I would rather show real results, as they speak for  themselves. Nonetheless, in order to show progress, I would have to show my performance. Shown below is a pic outlining my performance as of February 2014. I'll be honest, I have made money for the last 8 trading days.

What has me really enthused is the fact that I feel more confident in selecting stocks to trade, as well as when to enter a trade and how to manage it. I can honestly say that I benefited greatly by investing in my trading education. I implore all new traders to invest in your education before you go into the market, I also implore seasoned traders and those who may be inconsistent in their trading to do likewise. You can always learn something to help you  sharpen your skills  or simply give you an edge.

Enough talking here is a chart pic of my performance for the month of February:

So there it is. Posting the transaction history would be rather difficult so I didn't. In the future (when I go live) I will use tradervue to show my trades and will put the link on this blog.