New Year is here! Year 2015 was the most difficult year I’ve
experienced in my trading career. For example, years 2007 to 2014 were easy for
those who cut their losses, ran their profits and employed sensible position
sizing methods.
In the year 2015, the months of January, February, March,
April and December were good, while the rest of the months were extremely
difficult. Most market wizards posted losses for the year, though their
investors know that it’s normal to have a losing year, for a winning year is in
the offing. Certain market wizards announced profits – big or small. Many
unknown private traders also made decent profits last year, and I personally
witnessed some accounts histories. Needless to say, majority of traders didn’t’
make profits last year.
It’s difficult to keep one’s chin up when the going is
tough, but that was what I did last year. The going was tough for several
months, but I nearly met my annual target. I’m thankful for what the market
gave me, though it was a bit below my annual target. I’m convinced that this
year would be better than last year. So, be prepared to take advantage of great
movements in the markets.
Reactions from
Traders (2015)
As you know, I’ve been writing helpful trading articles to
help traders in the areas of strategies development, trading insights and
mindset, risk control, money management, traders’ bios, market analyses, etc.
Some people found my articles very useful for their trading. Nevertheless,
certain people were busy leaving negative comments, discouraging others and
using put-downs while they’d little to do in helping traders who desperately
needed help. I’d like to remind you that there’ll be people who’ll criticize
you no matter what you do.
What someone finds useless can be indispensable to other
people.
Below are some of the comments from those who read my
articles last year. The comments were taken from those who sent me personal
messages, not from those who simply replied to my posts.
Reactions from
Traders (2015)
“Wow! Amazing articles. Thank you so much.” – V. R.
“Dear Analyst, I was very interested to read your excellent
article on this forum… Thank you very much for sharing your very interesting
article. Yours sincerely.” - I. M.
“Thank you so much for … the article.” – T. T.
“I read your post, really good job and I agree.” – H. Rob
“Hi Analyst. I enjoyed your article of June 2015.” – K. J.
“Over all I am sorry to say I was disappointed with some
contents of the articles, as I was expecting to learn some useful concrete
facts on trading strategies/methods. I found the content of the 'Lessons', is
too generalized and found little to apply to my own day to day trading.
The theme of not giving up when things have not gone well
provided so degree of solace but this alone is not a technique to improve one’s
trading strategy and I would have liked to have had more information on how
these super traders have achieved their success, i.e. what markets,
instruments, stop loss use, market entry/exit
points. Perhaps you could recommend further reading to such needs. Yours
sincerely.” - P. B.
“Hi Analyst, I appreciate your prompt reply and thanks for
the links you've included. Yes please give us articles on trading strategies.
Such publications would be probably sought after by newbies trying to make
headway as traders. Good luck” – L. C.
“Hi my name is Danny. I read your articles in some magazines
recently and was very excited about your articles. I'm interested in learning more about your
systems. I'm just in importance of a position size and I'm looking to do a
swing trade using the daily charts. Are
there any tips or advice you can give me? I too am a student of van Tharp
institute! Thank you.” – D. C.
“Hi Analyst. This was very informative! I had been
contemplating about opening up my own trading accounts because I am interested
in speculation but I realized things are not the same ( I was trading in a
friends' account and she had been losing a lot) . So she wanted me to trade for
her and my winning has been 70% but I feel like I am gambling, luck eventually
runs out. There is no finesse to it and even though you try your technical
analysis no one can predict a price movement in the next 30 seconds. Thanks for
the read! Warm regards.” – Z. A.
“Hi Mr. Analyst. I am a newbie in Forex and follow your
analysis quite regularly and find it very educative. May I kindly request you
to send me some analyses for the major currency pairs which shall enable me to
perform better in my trades? I will be ever obliged if I can be in your group.”
– H. D.
Conclusion
You can’t get an answer unless you ask a question. I really
appreciate those who sent me messages, both positive and negative. Traders who are commended for their
creativity and perseverance rather than simply for their talents come to
realize a vital truth – that acquiring trading skills require patience and
effort. They know they put in the work needed to achieve desired result… Even
when they come up short, they don’t view themselves as failures, but as
learners. You can’t win all the battles in the markets, but it’s great to know
you’ve fought in good faith.
I assure you that I’m going to post superb trading articles
this year, which would really help you achieve your aim to become a
persistently winning trader. Just watch out for them.
May you have a fulfilled and prosperous trading year.
I’d like to conclude this article with the quote below:
“I don’t have any daily/weekly/monthly goals
anymore. All I look at is what I
achieved over a year. Why? Simply because I realized it’s almost impossible to
reach a monthly goal on a persistent basis. The markets might give you a hard
time for months, and then you make it all within a month or two. It’s better to not care for short-term
results, which is difficult but possible, if you keep the long-term in
perspective.” – Marco Mayer
