Showing posts with label Trading. Show all posts
Showing posts with label Trading. Show all posts

英語つぶやき(長文);くじけない!(3/8)

Yesterday, I lost almost half the profit I had made with my share-trading since January.

As you may know, I started my serious share-trading in January this year.  And in about a month or so. I had made about 900 dollars, which was equivalent to 75000 yen.  I was very excited and happy because all my hard work and study had finally paid off!! I had felt much more comfortable about my trading style and had started to build my confidence in it.

Then this thing happened. I lost good money yesterday.  It was very disturbing and upsetting to know that you've lost your money but it happens every now and then, so you have to deal with it as less emotionally as possible. Anyway, I lost only the profit, my starting fund ( as of January) is still intact. I shouldn't let it get to me badly. What is more important here is to learn from your loss.  'What went wrong?' 'What mistake did I make??' sort of things.  I am still a budding share-trader so I  am lacking of experience. This time, after I went through the uptrend, sideway- range, and downtrend for the first time , I came to realise that in order to maximize profit and minimize loss,  I would need to change my trading style and tactics in accordance with the movement of the market. I know my tactics for uptrend is pretty good because I made money, now I need to work out ones for the other two movements.  I have been thinking about it and I am almost there. I need to keep a record of what I learned, including new tactics, so that I won't make the same mistakes and try my new tactics next time.

It's pretty sad and heart-wrenching to lose money you earned but I have to convince myself that I am still in the learning process and also encourage myself that all this leads to my goal, which is to become a very successful share-trader!!

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英語つぶやき(長文):株トレーディング再開!(11/17)

There are also some other things that I have kind of accomplished for the last few months. One of them is share-trading. You know what? Now I am back on doing the share-trading!  Some people might be thinking ' finally, she did it!! ' but I needed enough time to study and doing more research on share-trading so that I could feel more comfortable and confident about it,  and of course, so that I can be successful. Gori was very happy to see that I'd finally taken the plunge and restarted share-trading. ( He thought I'd been putting it off or even chickened out,  but I was not! I was just looking for the right timing to buy shares!)  

I had bought some stock and it's share price had gone up very nicely as I had expected.However, I had totally forgotten that China's International expo would finish this month, which could cause a turbulence in the economy all over the world!  I remember when I went back to Japan, which was about 6 months ago, I was watching TV and some economic expert predicted that China's bubbling economy might crash after it's expo had finished because that's what had happened to Japan. Usually, I don't care less about other people's predictions and rumors about share market but this time I felt it might be true. That's because share charts I use for analyzing stocks are indicating some ominous signs, which could drag the world's share markets down even more. The stock I had bought was doing OK in spite of the current situation but I had a hunch that if the things would keep going down, the stock could go down as well no matter how it tried to go against it. And anyway it's not a good idea to go against the trend, which means buying shares when the overall market is heading for the south. So I sold the share this morning.  Sadly I didn't make any profit but luckily I didn't suffer any loss, either.

This time when I was in action, I often found myself being calm and collected, which is essential to be a good share-trader.  I remember those days when I was share-trading about a year ago, I was always checking share prices and every time the shares went up and down,  my mood swung from the top to the bottom, like riding on an emotional roller-coaster!  But not any more! I didn't make any profit this time but I am sure that I am now one step closer to be a successful share-trader!

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You really can't guess today's market, can you?(2/26)

The share market is deteriorating again! One of my favourite shares has gone down lower than its support level! Thank goodness that I didn't buy in yesterday. I could have been stopped-out and had to deal with the loss! There must be lots of investors and traders that have been having a hard & stressing time recently. You really can't guess today's market, can you?

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On the horns of a dilemma

Well, I am getting sick of just watching my trading platform and not making any action. The shares that I've keeping an eye on are very close to their buying points but just not yet. One of them has hit very close to its support level, so I could buy in at the price but there is also slight possibility that it might keep going down like one of them did a few days ago. I was feeling dilemma whether I should buy in now or not, but this time I had decided to play it safe so I resisted my urge again! I will wait, I have to wait, which is soooooo frustrating. I hope the shares make breakthroughs very soon! By the way I am still not feeling 100 %. What's going on with me??

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All I have to do is wait a little longer.

The share market has been going up and down recently ( it happens even within a day!)Thank goodness that I am not in it at the moment. There are some shares that I've been watching very closely,but none of them haven't reached the point at which I want to buy in. There were some moments when I feel like jumping on them impulsively , but luckily my educated guess and senses resisted the urge. All I have to do is wait a little longer.

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Slow progress ( 2/1)

Morning. Yesterday I was supposed to finish up summarizing the important contents in the share-trading book and I did some of it but I ate out for lunch with Gori and we watched the Australian Open men's final on TV in the evening so I didn't make (×a ) good progress on it. I am going to finish it off today!

*This entry has been corrected by Gori.

progress は不加算名詞なのでaはつかない!

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I''ve finished reading the book!

I've finally finished reading the share-trading book ( Stan Weinstein's Secrets for Profiting in Bull and Bear Markets.)! It took me a looong time to finish it off but it's OK because it's worth way more than the time I spent on it. The book is very informative, educational and extremely useful. It has given me a real insight into share-trading and a lot of information and strategies in order to become a winner in the market. I am going to sum up the important rules he pointed out and apply them in my trading.

*This entry has been corrected by Gori.

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I wish I could read faster!

I've been reading a very helpful trading book for the last few days. The book is sooo good. (×so) I really want to finish reading it today and put all the methods I've learned into practise. Having said that since it's a pretty thick book (350pages) and I am reading slowly, digesting the contents so it will take a little longer ( ×more days), which is a bit frustrating!

*This entry has been corrected by Gori.

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Strong determination!

I had a nap for about 2 hours and I feel better. The Skype session has been postponed until 21st. So now I am going to do some share study. Gori and I have been working on sorting into watch lists, each and every share in the Australian Share Market based on their characteristics and prices. We gotta finish this off this weekend in order to start trading next Monday!!

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I couldn't get to sleep last night.(1/12)

Morning. I stayed up late last night working on making my original trading plan worksheet on Excel. It took me more than 3 hours to finish it, but I am very happy with the result. I've been studying share trading and have learned a lot. I've working on making my own rules based on my experiences (mainly failures^^;) and the knowledge I've gained. I feel that everything is coming together and it's very close to fall into place. I was so excited about it that I couldn't get to sleep last night. So I overslept this morning!

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Paper trading

I was working on analysing the share trading chart until just now. Today I am doing some paper tradings, which are virtual tradings. One of the shares I'd planned to buy in advance has been virtually executed. I wonder how it will go. I am going to treadmill from now!

*This entry has been corrected by one of my lang-8 friends.

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I had a quality time with Gori's mum.

I just got back from Gori's mum and dad's house. I am glad I asked his mum for help in terms of share trading. I learned a lot from her and spent a quality time with her. As for the muffins I'd made, they tasted alright. His dad has a sweet tooth so I left them for him. I hope he enjoys them.

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Long way to go?

I studied share trading by watching a DVD. There were some things I didn't know or I was iffy about. They haven't sunk in yet so I need to go through them a few more times. I'm sure if I master them, they will help me a lot.

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Chicken-hearted

I've been watching the share market but I haven't made any action yet. That's mainly because I am expecting some books on trading to come from Japan, so I want to read them first before I make a move. But I also feel that I might be kind of chickening out.

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I'd better wait and see

Today's share market is kind of mixed. There are several stocks I have been keeping an eye on but they are not making any definite action at the moment. Overall share market has been going sideways for the last couple of months and I learned that it's difficult to make money in that kind of bearish situation. I wonder when it will start to pick up. Has it made a breakthrough yet? I doubt it. I'd better wait and see.

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