A Journey to Master Forex Trading (FX Trader from Singapore)

Thursday, December 4, 2008

Introduction

I have been trading Forex for the past four years (since 2005). So far, I have busted 2 accounts, lost more than $40K SGD. I have not made money consistently since I start trading Forex.

Forex trading is my passion. From my experience, if it is as easily to lost the money then it must be easy enough to get back my loses and a huge potential to gain more. Maybe it is my wishful thinking. But I have to try and convince myself.

Main part of my personal wealth is in Properties (houses in Australia and apartments in Singapore). I have invested substantially in time and money in learning and trading Forex. This is one skill I want to master. My ultimate aim is to live on income from Property investment and profit from trading Forex. I want to supplement my income trading Forex when I retire.

This is my plan for this Blog:

Objectives
  • To systematically record my Forex trading journey
  • To master consistent and profitable trading Forex
  • To benefit visitors to this blog to inspire and replicate my success; and learn from my failures
Planning
  • Structure the blog to record meaningful information
  • Identify the key information relevant to improve and master Forex Trading
  • Place holder for lessons learn

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