For those of you who know me long enough, you will know that I was a forex trader about one 1/2 years ago. I love it, actually. The thrill of growing money by applying your trading knowledge and getting in touch with financial news. The fun of discussing all your trading activities with your buddies and also blogging about it. Despite all this, I stopped trading.

So, you might ask me this question – what happened?

Well …. since I started my new business, I haven’t got the right emotions to trade. I didn’t have the luxury of time to do so during the first few months. After putting it aside for months, I find that I’ve lost confidence in trading and also didn’t have the time to pick it up.

Will I continue to trade?

Yes. I might take it up again when I have more free time and less emotional. These days, it seems that I’m constantly riding on an emotion roller coaster. Not that it’s a bad thing, just that it’s bad for trading. My sifu, Koon Lip, always preached that we have to control our emotions when trading. For me, after many trials and errors, I realised that I tend to make silly mistakes (exiting a position too soon, increasing stop loss unappropriately) when I get impatient. My impatience comes from my emotions. When I make silly trading mistakes, I get more emotional. It’s a cycle. I’m waiting for the right time to enter the market again.

Meanwhile, I still keep in touch with my trading buddies and I am happy to know that some of them have improved their skills. I’m not going to lie. Some of them have stopped trading too. Trading requires a trader who is in the right mind. Otherwise, it feels a lot like gambling.

A few of my friends have changed brokers and recommended me to do so too. The latest preferred broker is Admiral Markets. Check it out by clicking the logo below.





I have USD50 live accounts to giveaway to 5 pax. Please let me know if you are interested. Hurry! First come first serve only.

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