Wow! I’m getting more and more visitors to my blog although I don’t update it frequently. Ya, for those of you who return back often but just to get disappointed at no updated blog, sorry about it.

I’m getting ready to go out now but realise that there is a comment left on my blog. It’s quite interesting and that hold me back for a second to attend to this first before I move on.

Joy says:

I am not a student of freely method, but I am a forex trader. I am wondering what is your investment yield a month?

Investment in forex or stock option is not based on a single trade. But it is a long term investment. You may get the money fast, but you may lose it very fast as well. It is not how much you earn in a day, but it is about how to minimize loses.

My yield is more than 100% in a month. And you?

Well Joy, thank you for the above comment.

I reckon that trading is not based on a single trade but I “shall not” agree with you that it is a long term investment. If you read on my previous post, I am a trader myself and that is my true identity. I don’t care whether the market is going up or down and as long as the opportunities exist, I’ll be doing my very best to capitalise on the momentum on the day itself.

One of the major mistakes amateur traders made is they mistakenly applying the investing strategies on trading, especially on options trading. That is a bad mistake as options are subjected to time decay where stocks are not.

Yes, sometime I get my money fast, from a range of between a few minutes to a few hours, but I also exercise money management principles on each and every trade and I will do whatever it takes to keep my losses as small as possible. I do have losing trades but so what, it’s part of the games, isn’t it?

Well, 100% return seems to be unattainable to lots of people but it’s achievable in options trading. However, one should not claimed that it’s “do-able” each and every month. For me, it’s kinda impossible to achieve that every month and what I’m looking for now is more towards consistent income. For me, percentage gain is not my top priority anymore although I’m still looking for every possible way to beat the USD 55k record using minimum amount of money.

Well, to be honest with you, I missed that on RACK due to one “careless mistake” by a friend.But who cares, opportunities are out there every night and every where. I believe I’ll achieve that very soon.

One more thing, I really need to get your mental right on trading. Trading is about winning and is not about minimizing losses only. I simply can’t imagine myself going out into the market thinking just to minimize losses on each and every trade without thinking of winning. You gotta focus on the right thing.

Remember, whatever you focus will expand and that’s the law of attraction. Focus to win and exercise care using conservative money management. With that, you shall be well taken care of.

My last piece of advise, plan your trade before you trade and stick to it. That’s how you can focus on winning with all your stop losses well defined.

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