How far am I from success?
How far am I from success? For one year, I have been asking myself this question almost every day. Sometimes, success seems so close. Other time, it is so far away that I cannot see a tiny bit of it. Since my last company, which is a trading firm, has asked me to leave, I have determined to establish my own private trading life. For several months, I have tried to build trading algorithm. With failure after failure, I gave up algo trading and turned to manual trading. Afterwards, I started with a number of indicators, simple and complex, and without success.
One of the most unbearable thing was the emotional impact in the process. At some point, it seemed that I had found a powerful way to make profit, and at some other point, I found the methods produced a lot of drawdown. It was full of roller coaster feeling, driving me crazy. And I kept asking how far I am from success. At many points, I asked myself "what is the point", "am I an unrealistic dreamer". I questioned myself again and again.
I moved from one system to another and finally came to a conclusion that indicators are lagged. Three months ago, I turned to use price action and support/resistance trading methods. I am amazed so many trading opportunity available a day with so good RR and W/L ratio. Nevertheless, the trades I've observed are always winner, the trades I've taken are always loser.
I have been staying at home for alomst 1 year. My mother starts to worry about me. I feel sorry for her, but my goal hasn't been achieved. I am not really young, and my future is uncertain. I feel alone. At times, my heart is filled with uncertainty, even though my determination is still strong. I question again how far I am from success.
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This journal would be more like a dairy than a technical skills or numerical records of my trading experience. I would also present trading records in this journal later. I hope it is not a problem.
How far am I from success? For one year, I have been asking myself this question almost every day. Sometimes, success seems so close. Other time, it is so far away that I cannot see a tiny bit of it. Since my last company, which is a trading firm, has asked me to leave, I have determined to establish my own private trading life. For several months, I have tried to build trading algorithm. With failure after failure, I gave up algo trading and turned to manual trading. Afterwards, I started with a number of indicators, simple and complex, and without success.
One of the most unbearable thing was the emotional impact in the process. At some point, it seemed that I had found a powerful way to make profit, and at some other point, I found the methods produced a lot of drawdown. It was full of roller coaster feeling, driving me crazy. And I kept asking how far I am from success. At many points, I asked myself "what is the point", "am I an unrealistic dreamer". I questioned myself again and again.
I moved from one system to another and finally came to a conclusion that indicators are lagged. Three months ago, I turned to use price action and support/resistance trading methods. I am amazed so many trading opportunity available a day with so good RR and W/L ratio. Nevertheless, the trades I've observed are always winner, the trades I've taken are always loser.
I have been staying at home for alomst 1 year. My mother starts to worry about me. I feel sorry for her, but my goal hasn't been achieved. I am not really young, and my future is uncertain. I feel alone. At times, my heart is filled with uncertainty, even though my determination is still strong. I question again how far I am from success.
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This journal would be more like a dairy than a technical skills or numerical records of my trading experience. I would also present trading records in this journal later. I hope it is not a problem.