Wednesday, August 8, 2012

July'12 - Trading Income > Working Income

Hi All.

Haven't been posting for a while.....
Had been busy keeping up progress on my 2H'12 trading plan & also drafting out my future plan after I QUIT MY JOB.....

Yes....You read that correctly!!

I've officially thrown the letter on August 1, 2012 (I gotta remember this date!!), & is now anxious- plus cautiously counting down the last 2-months of my life working as an EMPLOYEE.....

This is going to be the most important MILESTONE in my life.....
Hereon, I'll bid farewell to working for a living.....& march towards a lifestyle that I've longed for, one as described in my favorite book on trading, 
"You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody"
                         ----- by Dr. Alexander Elder in his book, Trading For A Living
I do feel nervous, have some doubts & "??" in my head, weighing my decision & wonder if this is the right timing to make such a move....

Nonetheless, a friend's mantra which goes like this: 
" Don't keep thinking, START DOING !! "
.....also, I manage to pick up a quote from his blog:

Good friends keeps me motivated along the way when I sometimes get drifted away by emotional tides....Can't name you all one by one, but my gratitude to all your support!!

I sometimes wonder if I can make it.....But, keep wondering will only keep me wandering & marking time......Seriously,

You'll never know the result if you never T-R-Y/take action

If you take that action, at least there's a 50-50 chance of succeeding.

Of course, in our life, there will always be a bunch of people who stand with folded arms waiting for that fall-out (like in Taylor Swift's new single "EYES OPEN".... :p .... Anyway, I will not be focusing on them...

Leaving that behind, for the moment.....

I'd like to share some of my trades in July.

FIRST trade for the month, shared in my previous post, was a huge success as I managed to earn a profit as much as my current monthly salary, from a single CPO futures contract. And I was just a newbie doing my few trades with CPO at the time, testing out my charting techniques from FKLI in CPO.

After the awesome first trade, I carry on with my 2nd CPO trade, holding >3k profit on-hand, here's what happened:

FCPO - Profit-turn-Losses trade (July 18, 2012)

Haihhh......I guesses the chart said it all.....I see nicely another month of salary made within 2 days vaporized....taking away a small losses with it....HEART ACHE !! @_@;

After resting for a few days, calming down my mind, went into another profitable 3rd trade, which was quite a PRETTY + PERFECT trade for entry coupled with an almost-perfect exit....

FCPO - LONG on oversold after weak SGS data (July 25, 2012)

Together with a few more small gains in FKLI, July was indeed a very REWARDING month for me....both financially & spiritually....As this is the first of the six months of my 2H'12 trading plan....It's a joy & added boost to my confidence to really start my trading career coming Oct'12.

So, July kicks off my 2H'12 trading plan with a high note!......Excellente!! ...... ~* ^_^ *~

Will keep a neutral mind as I work through my trades for August.... Have been relaxing since both FKLI & FCPO was moving sideway throughout the first week of August. CPO has broken out of the sideway channel as of writing & I can go back in to trade again!   \(^o^)/ \(^o^)/ \(^o^)/

Hereon, I'll be quite tied up with my trading progress to pave the way for my "retirement" from employment....
Thanks for the support from my readers & I'll continue to share whenever I can.....
End Sept'12, I'll be free from the cage of employment & I could soar into the endless sky!

Looking forward to my next post on my coming SUCCESSESsss!!
Happy Hunting!! :)

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