Monday, December 29, 2008

December

Thin volume trading is making the markets extremely volatile and manipulated by market players much bigger in size than myself. It's so hard to predict the pattern until I feel like just tossing a coin and setting a stop loss next to what I am trading. But discipline tells me I do not have to be in a trade all the time and I can just sit around and watch. Hell boring.. Been watching for the entire week of xmas and made 1 losing entry due to tight SL. well... no choice. got hit by one upswing then one downswing. catch the wrong momentum backwards.

This is pretty sick. Think my account is just too small to make any significant impact on my life. Should I start to move in like the big fishes and move towards the ocean? with a better broker with less spreads and a higher lot size than what I am now. This is never going to change my unemployment woes even if i carry on another 3 months. Maybe I am just now cut out for trading. No one calls me back for any trading position as of now.

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