Postmortem 10-Oct-2006

October 11, 2006 – 9:09 am

Dear diary,
It was another choppy day. The market failed to con me for another trade as I was being strict on my entry now.
Looking back at the chart, I would have jumped into the YM trade again. Well, the setup was formed, and I did not know what was going to happen at the right side of the chart, so I placed my stop and …that’s it.

To be frank with you, I was not worrying about the trade went against me. My worry was “Will eCBOT exchange down again?” Seriously, I am kinda lost confidence of this “well known” exchange in the world. Small account trader like me, I have limited ability to hedge my position at CME. In 2006, I still need to worry about computer system down? That’s a shame. Well, forget it, just a random thought, there is nothing I can do if I still wanna trade YM.

I always have a thought that my fiancee will be a better trader. She is a lady with courage and patience. A lot of times in life, she is the one who holds me from making impulsive decision. I will be giving her a headstart in spot FX trading now, and some simple TA (well, after all, I am not a pro). Who knows, I can quit trading and write a book ” My wife, the trader” later. )

Another day with full of random thoughts. The market keeps hitting me with small snow balls recently. My snow-wall is still strong enough to handle these for now, and I will get a chance to return a big smash back.

From the desk of Tradergav.com


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    6 Comments »

    Comment by Will
    2006-10-11 09:38:32

    Gav,
    I’ve heard somewhere that women’s temperament gives them an advantage in trading, it’s just that most of them aren’t interested. Best of luck to you and your future Sugar Mama! As for the “simple T & A,” well, you know, what goes on between consenting adults… -)

     
    Comment by John
    2006-10-11 21:26:02

    will: hehe

     
    Comment by estocastica
    2006-10-11 23:15:53

    Will: I was thinking the same thing )

    Gav: Good luck to you and your fiancee — you will make a great team!

     
    Comment by Gav
    2006-10-11 23:21:13

    Thanks all for the comments. ) That’s interesting. That’s my dream if both of us can trade, and we can travel the world without working for THE MAN.

    Estocastica: You won’t believe how often I visit your blog. I really like the way you trade.

     
    Comment by BBC
    2006-10-15 14:20:29

    I strongly advise your lady to pursue it, it is working in my family.

     
    Comment by Gav
    2006-10-15 15:13:39

    BBC,
    I will just show her your comment now. )

    Have a great weekend.

     
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