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| Monday, December 10, 2007 |
| Stronger Mental Strength |
One month after my last post, I have trying hard to acquire more mental strength. During the recent correction, as the price always dropped more than the recovery, I found myself not decisive in cutting my losses. This is unlike the previous corrections whereby they are more definite.
I have incurred significant losses and I'm really quite shocked by that. However, life still goes on, and what I can take away from this period is that I need more mental strength. There are situations whereby I cut loss when it still hasn't reached the trigger and there are instances whereby I held too long when I should have cut. It is actually a very definite action yet I hesitated time and time again.
Recently, I made some trades and some of it are losing trades, which I cut. The positives are that I am more firm now. I do hope I can keep up my current mentality while of cos having some good runs later. |
posted by Nenix @ 2:50 PM   |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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