So finally, i've gotten a little bit of time to talk about it. Throughout this week, from since last Friday with Dr John Avanzini, right up till now with all the morning prayer meetings etc, it has been a really fruitful week.
I've started rehearsing with the drama team and the music is about almost done :) We will be so by the time the show is stated for tech runs. And, i've also been rehearsing with the Millennial Choir and Orchestra for next weekend's performance :D Really looking forward to that one cos i believe it's gonna be great.
Well anyway, what I wanted to share was something that God showed me during one morning in JW during morning pm. In one of those meetings, I had a vision of my life in the near future :D
I saw myself leading a team of ppl, very much like a cell group, a core bunch of ppl. These ppl were like me, they were traders! I've thought of being a cell leader before, but never really wanted to go into the cg ministry as it was. I know that i'll lead a group of ppl someday, but that morning, i think it became much clearer what kind of leader i will be. And this is wat i saw of those ppl:
We were a group of traders with one united goal in mind, that is to use our wealth to build the kingdom of God :) Each one of us had the finance and ability to move markets! I pictured all of us having families who wholly followed God's will for our lives and we were never in lack. Our children are brought up in the ways of the Lord, our wives are capable, beautiful, wise, the best helpers that any man can have. Our families were in order :)
I pictured ourselves coming together and making huge amounts of money. It was like anytime there was a need to build a school, a hospital etc etc, anytime the work of God needed financing, we were there to raise that amount of money and God made it come true for us! :D
So well, we have our medical fellowship, aircrew fellowship, business breakthru cg etc etc.. Hm why not a fellowship specially for TRADERS?? :D Dat should be really really interesting~
Yeap, that was the gist of it :D haha! This whole trading thing that I started on.. it has since become my 10,000 hour project. I started practicing in Oct till now. Honestly, from Mon to Fri, I spend an average of.. at least 12-15 hours reading financial reports, studying charts, learning about technical indicators, learning psychology etc etc. So mathematically speaking, I should become a pretty good trader within 2-3 years. Haha. But i think there's no way i can put a figure to this because the market is too dynamic and there is no way you can know everything about it in one lifetime. It has to be a CONSTANT ONGOING process of studying it. The day I think i've learnt it all, is the day i have failed.
It is my intention to keep on practicing and practicing and practicing. If you ask me when will I trade the real money? Honestly, I dun think i am there yet :)
Late Nov till early Dec was a really bad time for me. My state of mind was not exactly correct. There were many distractions, I could not focus, could not make sense of the market. I practiced on one account that lost more than 90% of my capital. Yea, made a whole host of mistakes.. BIG ONES. But dat's ok, I must not make those same mistakes again.
That account has since expired and during the last few days it was active, i was having technical problems with the loading of the website and I just couldn't trade for the last few days.. So I decided to set up another account, this time with the UK website instead.. So now instead of 100K SGD, I had 100K GBP instead.. quite a different ball game.
Took me a bit of getting used to trading in Brit pounds instead of Sing dollars.. This time I was determined not to make the same stupid mistakes. I spent a good amount of time monitoring the charts and market sentiment first, and then made some small trade amounts to 'test' whether my analysis was on the right track. Well, I lost a couple of thousand pounds in my first two trades but after that, I was getting a feel of the market sentiment. My confidence, shaken slightly from the past experience was slowly being restored. From there on, it was profit all the way. I started this account on the 7th of Dec which was a Monday, and so I traded for 5 trading days right up till Friday the 11th and below is the progress of the first week of my trading:
This is my best trading result yet :) Bettering even my last record of about $62k from $100k in two weeks. I've turned my $100k (Brit pounds) into a pretty good $185,800 plus in 5 days. So dat leaves me with another 5 more trading days before this account expires and I set up another practice account. Pray that I dun do anything stupid and lose all that has been accumulated in the last 5 days haha~
At the end of the day, it is NOT about trading to make money. It is really trading to TRADE WELL :) because if you cannot trade well, you will never make a single cent, but lose all you have invested. When you can make trades to an extent whereby you always max the profits and minimise the losses, you will eventually become a consistent profitable trader. And dat's the key, trading to trade well :)
The world's greatest sportsmen never became the greatest sportsmen because they were motivated by the money factor.. No. They became the best in their sport simply because they trained to do their sport WELL :) They trained to be the best sportsperson they can be. The money and sponsorships and endorsements and wat not were just by products of their standard of excellence in their quest to become the best. Trading is like that as well. Even though you deal with money on an ongoing basis, it should never be the motivating factor.
So, I wanna be the best online trader that I can be, that God wants me to be. And dat's exactly y I do wat i do :) I love wat i do, and it thrills me to know that this is the will God has for my life ;)
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