FOREX trading 30 Oct 08

Made some trades, some gain while some loses, final result as shown in the table for the daily summary.

FOREX trading 29 Oct

Made numerous trade for 29 Oct 08, but profit margin was limited.  Though limited, at least it's in the positive. Quite satisfied, so no complain ;p

FOREX trading 28 Oct 08

I think the summary in the table speak a thousand words... :(

FOREX trading 27 Oct 08

Trading based on my new strategy and made some profit, I even have to restrain myself from trading more after I hit the required pips per day.  Seriously have to watch my greed when trading.  This is extremely important. Great result!!! ;p

FATS and my FOREX trading strategy

Started my FATS Demo trade today with USD10,000 (virtual dollars lah), also at the same time I thought through and came out with a new trading strategy. I will update the FATS demo trade account weekly.

New strategy : I decided that I should have a daily target and having decided to take it slowly, a weekly profit of 25% would be sufficient. Also taking into consideration of not risking more than 5% of my capital for every trade,

Present account balance : USD500

Weekly profit = USD500 x 25% = USD125

Daily profit = USD125 / 4 = ~USD32 (4 trading days instead of 5 days to account for my busy schedule, where at times I would not be able to monitor and trade)

Risk = USD500 x 5% = USD25 (will change accordingly with the balance)

Hence,

All trades SL will be <= 25pips, PT <= 32 pips

(Most probably will target at 20 pips)

Will try out this strategy and fine tune it or improve it as I go along gaining my experiences ang knowledge.

BTSS visit and breakfast with MW

Though a holiday, I woke up pretty early to meet JW, MW and her friend from KL for breakfast and to visit BTSS. Sounded really stupid but we had never went back to our school since we graduated, so heartless of us, haha... BTSS had definitely growth to better than during our time now, heard it had also became a better school now... Must be because we had left... ;p

Even the main entrance had shifted to face the road now. As it was a holiday, we were not able to go in, only stare at the main building from outside.

Shy away from my camera haha...

After the BTSS visit, we went over to Bedok Interchange for our breakfast before going out separate ways. MW and her friend will be going back to KL this evening at 4pm. Bon Voyage...

MW Meetup and RH Send off - 26 Oct 08

After handing over duty in the morning, I came back home and rest. Woke up and got myself ready to meet my friends in Changi Airport Terminal 2. I called Swensen's to reserve a table but was not able to as the restuarant does not allow reservation. So I went earlier then everyone to ensure we do not have to wait an hour for the table.

Went there via Mass Rapid Transit (MRT). In such times of bad economics, I should save more on transportation and reduce frequency of taking taxi. ;p Actually is I loves taking bus and MRT more than taking taxi, also I have alot of times on hand. It was my first time taking MRT to the airport. I was greeted by long elevators when I exited the station...

I reached at around 745pm while we were meeting at 830pm. I was more than half an hour early, no choice lah, the organiser have to make sure the table is available before the rest arrive. There was already a long queue outside the restuarant. Really wonder what's so nice about swensen's, haha...

After queueing for about half an hour, it was my turn to get into the restuarant. JW and RL were among the first few to arrive. We ordered our food before the rest arrive as they were not having dinner. SS and his wife-to-be arrived shortly. I had Mac & Cheese and tomato soup all by myself and shared this mini ham and cheese burger with JW.

YX and YY arrived after I am done with my dinner and YS and PO came with baby MO. RH was the last to join us as he had to check-in over at Terminal 3 first. All had arrived, but MW was not where in sight. Well, she had earlier informed me that she can't join us as she have a family dinner to attend. A meetup arranged for her and yet she cannot make it, haiz...

YX and YY decided not to order their dinner since MW won't it joining us at Swensen's. They decided to go over to 511, our usual supper place for their dinner / supper. SS and his wife-to-be decided not to join us as they were tired after shopping in Chinatown the whole day before meeting us to prepare for their wedding in Jan 09. The rest of us less RH left for 511. Once there, I took a few photos of baby MO before she left.

Just a few of her photos, the rest are uploaded in my FB account. ;p