Tuesday, August 25, 2015
Wild Swings
This blog will be more graphic in form, also it can be used for me in preparing for my CMT level 3 exam. This is my active publication of trading outcomes, and it will observe my progress in reaching my short term goal of $800,000 in assets and an income portfolio that produces $100,000 in positive cash flow.
What I did right?
I increased my hedge against any further upside, I did acquire more of something that pays a dividend: its GORO, gold resources corporation
What I did wrong?
I didn't trade in my futures account at all. I didn't take any of the points higher on the upside or the downside
What did I learn?
I learned that even small actions, as in 1 contract trades can do a world of good even if they earn 10 points, and to be peaceful about whatever the outcome turns out to be
How can I improve?
My improvement will come in time as I develop this consistency of being less emotional and taking gradual steps toward further growth.
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