August Trading Review

August was a pretty quiet month with only 1 trade. Made a loss of about $800 USD from shorting FedEx (FDX). Remember not to let losses discourage you from sticking to your plan. It is part of trading and one has to be able to deal with it in a rational manner. I refer you to one of my previous post about stop losses if you would like to read up more on my thoughts.

Hopefully September presents some interesting opportunities. I am also currently looking to short the S&P 500 as I believe it is in an overbought scenario. Will be keeping you guys updated.

Cheers.

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May Trading Review

After taking a break from trading in April to relook into my trading methodology, I'm glad to say that the results seem to be improving. After implementing the new risk management technique that I mention in Part 1 and Part 2, my losses have been significantly lesser. Of course, I will incur a higher trading cost, but that's the price I'll have to pay for protecting my downside risk.

Total profit after considering trading cost is roughly $1130 (approximately 16%) which is pretty decent. Hopefully I'll be able to generate this kind of returns for 2016. I'll be back with June's performance in about 2 weeks.

I will also be discussing new indicators that I am currently using which have definitely helped me screen for higher probability of trades. Stay tuned!

As always, happy trading.

Cheers.

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