was a time that has stopped believing that I can overcome the weaknesses that bother me in the game on the exchange. "You know how we should behave, but then repeat the mistake and annoy each other. The culmination came in March when a few days lost profits earned by a half years. And as it turns out it was a much needed lesson.
This loss has allowed me to finally see a fundamental mistake that he committed from the outset. Each investor has its own style of play. When I started the adventure of the shares in October 2008 (one and a half years before the funds, but the stock market fall of 2008 for me was just a black box), an oracle was my blog AppFunds . App has done a great job in promoting financial freedom in Poland, I would have found dozens of blogs created by the site (including mine).
Unconsciously, however, I copied his style of play actions of those times. And they were very anxious times, companies were able to grow in a few days tens of%, then dived to the new minimums. We had to quickly take profits and legs. It's one thing.
The second is the personalized approach PA (current nickname AppFunds) to companies. ZP runs the blog that proves that anyone can become a millionaire and consistently growing portfolio. Among others for this reason is given and justify every investment and thereafter publish the results. How much% of the profit / loss, whatever amount. Being green bream copied this way and I found it totally natural.
What's more I wrote various forms to calculate at what price to sell in order to achieve a certain profit, did graphs, charts and other wonders of companies niewidy. I accepted the principle that accounted for a realized profit / loss. In this way the graphs look like this:
processing small profit or at some time greater losses or tax. I built a system based on someone else's approach from a certain stretch of time and have not noticed that he completely does not fit into my psyche and the subsequent market reality.
Instead of focusing energy na powiększaniu wartości portfela, większość pary szła w rozgrywanie każdej ze spółek/kontraktów z osobna. Miałem swego czasu np. IDM za 5000zł i jakieś coś z Newconnect za 800zł i zamiast pilnować IDMu, to skupiałem się na tym czymś z Newconnect, żeby nie stracić na nim, bo akurat zanurkowało 20%. Jedno wahnięcie na IDM było więcej warte niż te 20% jazdy na dajmy na to Makolabie.
Dopiero wstrząs na certach na ropę i późniejsze błędy na fw20 unaoczniły mi dobitnie, że było to złe podejście. Paradoksalnie pomogła mi w tym również gra na forex, gdzie udało I did not reset the deposit after the first half. In the beginning there accounts and transactions, but soon I got bored. Since mentally I felt that the money credited to your account fx are to learn and I lose them completely, so I stopped to excite. In 2009, ordained 1000zł to study contracts and the loss of this amount has taken me a week:) The FX has been maintained, the end of the year went to 0, then the account fluktuowało and after the last rally the dollar bounce up.
foreksie To survive I had to learn to look only at deposit. It does not matter whether a couple is growing, and its "win" if the other pairs, and I'm losing my example zlewarowany 10-fold. At certain points leverage reached 20 times the capital (but only if, finally went in my direction, then in a short time time recovering all the losses.) Currently, the items on the fx are zlewarowane 2-fold to the capital because of the variability as EURUSD, the swing of the long and medium-sized signal S does not gives me heart palpitations.
Well, back to the stock exchange, after a series of defeats changed the approach to trading. Kicked the sheets, I stopped (almost) pay attention to the money (as I tried to treat them as foreksie points). The beginning was as usual failed, a few wtop on false signals. But the accumulated failures have deprived me of hope, one of the worst feelings in the stock market. Indifferent, opening and closing positions on the base currency. chart. The only indicator was the state of the portfolio. I do not know exactly how much was gaining or losing positions, do not write down this. At the estimated amount of fast, but I focused mainly on whether the preset level has been reached or whether the signal has been negated.
After two and a half years of playing the stock market I started building the system into their psychological traits. Well - better late than never:] If I had to learn this somehow universally save, it would sound something like this:
try to make money and not be right.
second very important observation that came to me and I try to apply from March to:
When uncertainty increases, reducing the position.
kind of obvious, but look at your investments - how often zooming in consolidating the position or the resistance? There is a growing conviction of breaking in a page or worse still much we want to wybiło in our direction and enlarge position to go out on the plus, just because we lost, and suddenly goes the other way. Losses grow even more.
I realize that this advice is more for the player's contract / foreksowego. If someone buys a share in the boom can afford to buy more in the consolidation, because it's probably a correction before a further increase in resistance is usually break.
To somehow sum up these arguments - the changes work well for now and promise for the future. The portfolio went to new heights and he faces a big adjustment, pozamykałem because most items.
In the last post pointed out that the uncertainty grows. Shares close to support levels, the dollar on the resistance. In this case pozamykałem almost all items. EURUSD was a mechanical system for medium-term and part RCSCRAOPEN as medium-term decline in oil signal remains in force. In the middle of certificates realized gains and wait to receive a better price.
fibo38.2 As expected, the downward channel RSI and stopped the dollar rally, but support is pierced sma50:
I was here a few funny adventures, such as NZDUSD fell in line with the TP, when he suddenly shot up and blew me out of position. The next day pobujał still at the top and moved there where it should ie fibo;) I wish that was not earned.
key question is: What next for the dollar? I think the medium term will be strengthened. Currencies play a high notch on foreksie, so I can not hold in this case a large item - I am waiting to rise up. If you bounce down the trend, do not lose. Similarly
fw20 contracts and actions - support for the event working, so I have is not there. But I do not play long - in the bear market scenario, nothing has changed, for the last month, even well paid.
this time on the chart this little observation: look at how the indices behave when ema200 (yellow), cut the top sma200 (purple):
Almost always when it rains, my medium-term signals for EURUSD rate is returned in the second page, so I expect the decisions around 1.44.
As often I was getting from the commentators that we have a boom and I play on the decline, the old sheet odgrzebałem transactions, and have published several recent curiosity of shares sold and their price today:
Paper I also had moments of Jupiter, Jago, BBC, long HARDEX and dawn - all except the following day the dawn, which is still in place:)
I have a request to the readers - what are your insights? Which company successfully played with?
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