Sunday, March 23, 2008

Trading Is Not About Winning or Losing

I had a talk to a very close friend of mine. He is a very successful business owner with a very wide range of business. He built everything that he own now for only 3 years. He is a multi-millionaire and live his life the way he wants it to be.

He shared few words with me, he told me about his last failure, he lost an owed about USD 15 millions plus another 2 mio of his own. He almost give up in business, with a good bachelor degree that he graduated from a high reputable university he surely can get any job in his field with a good pay. He almost did that. But he refused to give up. This is a very typical story about a successful man. But his words to me really touch my feeling as it also stated by Bill William, the Chaos Trading inventor. "That failure was a process, my previous victory was also a process, if you focused on it you wont get yourself anywhere". That's the exact words from our Mr. Bill William, we should see the profit and lost as the process for us to be a good trader, the ultimate trader.

When talk about the process, only our own self can judge either we are following the process with the right track or not. Other people can't help us on this. People will judge us base on our contents (result). But only your own self can judge is the process running as it suppose to be? Are we trade our last mistake or avoiding it? This is the purpose of morning pages, write down everything of your thoughts, to see either the process to be the ultimate trader is running or stuck.

Tuesday, March 18, 2008

FOMC Decisions and Effects

6:32 PM
FOMC Rate decision comments (1-4)): The fact that the Fed is only cutting 75 bps. (to 2.25%) could lend some support to the extremely oversold USD. This is despite the fact that US Secretary of the Treasury is stating (correctly) that the US economy is in sharp decline and despite the fact that the Fed believed in was necessary to bail out Bear Stearns last week.
6:32 PM
FOMC Rate decision comments (2-4)): We put out an FX Trading Idea this morning, recommending to short EURUSD at the break of 1.5683 offered, targetting 1.5580 and applying a stop bid at 1.5730. We believe there should be some consolidation in the cross around 1.5150, if the cross goes that low.
6:33 PM
FOMC Rate decision comments (3-4)): Stocks have been trading massively higher across the board, lead by especially the financials and transportation sectors. Remember, any rallies will be short-lived. The upside will fade tomorrow or Thursday. We maintain that Financials are a sell and that the S&P500 should test 1,000-1,100 within 2008 or 2009.
6:33 PM
FOMC Rate decision comments (4-4)): Fixed Income should also see some support here and continue higher, as the Fed is apparently taking inflation worries more serious than feared among fixed income traders.
6:54 PM
FOMC Statement comments: 1: With wording like "The outlook for economic activity has weakened further" and "Financial markets remain under considerable stress" etc. the Fed is clearly recognizing that something is wrong in the US economy. This action will not alleviate the problems. The problem is too much debt and too much uncertainty in financial markets
6:55 PM
Fomc Statement Comments -2: This is just round two of the recession that began in 2000 and was prolonged by cutting rates aggressively in 2000-2002. This time, however, the Fed will not be able to stimulate US consumers and Corporates to take on additional debt.
6:55 PM
Fomc Statement Comments -3: Stocks are falling after the FOMC rate decision. It seems that stock traders were looking for more and are using the lack of the last 25 bps. cut as an excuse to sell some more. An ugly sign of weakness. Look for stocks to end higher today, but sell rallies tomorrow and the rest of the week
6:56 PM
Fomc Statement Comments -4: We especially expect Financials to (continue to) underperform. CDS premiums for homebuilders have gone through the roof. These should also see additional (strong) downside.

Saturday, March 15, 2008

Be a Trader: Is it just an overnight job?

Many people trades, many people became technical analyst after attending any short-course or a seminar on "How to be a trader?". But most people failed to be a good trader or at least to be a trader. I always highlight to my friends it is easy to train your brain (get the knowledge) but it is very hard train your heart. We always refer our feeling and emotion as heart, it is actually the sub-conscious mind.

The "heart" can only be train through repetition of something that we want it to be trained for. You have to do the repetition over and over again. In my home country, to train a soldier they start at a very young age of 13 YO. Why should we start that early? Is it very hard to gain all the knowledge to be a soldier, seems to be it is harder than to be a Medical Doctor. But this is not how to know course, it is how be be.

If you want to know how to trade, it is very easy. But if you want to be a trader, it takes a lot of commitment in time and effort. I told you the most important matter in how to be is repetition, but what you have to repeat?Is trade that you have to repeat? If your last trade was lost all you going to repeat is losses. Please refer to my older post.

Friday, March 14, 2008

Your Inner Self (Trader)

I AM that inner self of you that you cannot see (or don't want to acknowledge) because of your boundaries, the barriers placed to the concept of your infinity and innocence, the pre-conceived ideas of who you think you are, the illusion you think you are that has been built up by your pre-conditioning, your genetic heritage and with everything that has happened to you since the time of your conception in your mother's womb.

In your mind, you judged yourself unworthy. You found yourself guilty of being unworthy and thus, needy. Everything you think you need to learn, on some level You already know.

You forgot that and in the forgetting have handed your power away to the gurus, masters, teachers, priests of what is sold as Religion and Spirituality.

The endless search for fulfillment, for happiness, for material possessions, for partners, that you have embarked on is because of that judgment. You had that feeling and now that feeling has all of you.

Judgment arose from your need to make a choice, whereas, in reality, there isn't a choice to be made. I, the real You, in the infinity of innocence, your Inner Self have no free will.

The endless search for fulfillment, for happiness, for material possessions, for partners, that you have embarked on is because of that judgment. You had that feeling and now that feeling has all of you.

Judgment arose from your need to make a choice, whereas, in reality, there isn't a choice to be made. I, the real You, in the infinity of innocence, your Inner Self have no free will.

Free will is an invention you made in order to justify your need to choose. From that need stemmed Your judgment of You.

It is only the ego that needs a name, or needs to be named. I come to you as You, the Innocence that you really are. I, in Essence, am Your Essence - the Living Expression of the Tantra or Union of all of the personalities that make up you. I AM your Inner Self.

Just as you denied Me, the Love you are, You denied Your Wholeness, you denied your Worthiness, you denied your Divinity. You made every effort to forget, particularly because society judges that if You recognized your Truth, You may be persecuted.

When you look to Me, when you enter into communication and union with Me, many emotions and feelings are aroused as you are confronted by those aspects of you, that, through judgment, you either love or hate, accept or deny, trust or fear. The infinity of innocence does not know judgment, does not know fear. I do not judge your reaction to Me.

I AM here to awaken you to Your possibilities. I AM here to show you there is another side to You that, deep down inside, You know about, but you have forgotten. I AM here to re-mind you that the voice of your Inner Self, which you deny, is very real.

I AM here to re-mind you that you do not need approval from others, from your parents, from your partners, from your friends, your peer groups or from your society, to be the True Expression of who You really are.

I AM here to awaken You from your imagination and your dreams to your reality. I AM here to awaken You to other possibilities about your existence on this planet which differ from the ideas you may already have. I AM here to expand Your horizons, to open Your eyes, Your ears and Your Hearts.

As I do this, your little self-sense, your ego, your mind, because it will lose its identity, power and control, will hate and fear this more than anything else. That is your personality. So I will accept that you will judge Me, your Inner Self.

I am aware that it is by your own reflection, by what you think is your personality, that you will judge me, just as it is through what you have been taught that you have judged your-selves and everything and everybody around you.

Your judgment of yourself is the root of all of the dis-ease, all of the dis-harmony, all of the doubts, all of the uneasiness you now feel in your body and your mind. You judge yourself. You are the only judge, jury and executioner of you.

Everything that has happened to you in this lifetime is not a misfortune, mistake, error, or sin. You created, consciously or unconsciously, everything that has happened to you.

There are only rememberings. You came here to remember so you could evolve. You set all of the circumstances of your life patterns around your need to remember . including choosing your parents.

That is the simple Truth of why You are here.

You came here to learn the lesson of paradox, the lesson of separation from Source, God, Great Spirit, whatever you will call your Inner Self. That is what is sometimes referred to as 'Original Sin' - which is nothing more than "missing the mark".

You forgot that ..
I AM you .. I dwell .. inside you .. as you .. not somewhere "out there"

You keep repeating your patterns because you, in your mind, judged yourself that you have not learned the lesson well enough, that you did not achieve Wholeness within your Self. You created that separation and with the separation, all of the choices that you are faced with, all the decisions that you 'have to make'.

There is, in reality, only one choice to be made by the little you, the choice between Evolution through acceptance of your innocence (which you might call Love), or a life path through fear that moves from one crisis to another.

You forgot that your Inner Self is Love, bringing Light into Life. You forgot that You are a Spiritual being having a Human experience. You forgot that, what you can see in your physical reality, is only a tiny part of all that You truly are.

What your mind thinks, is the sum of all of the conflicting information that has been fed into it from the time of your conception.

You, your mind, thinks that is all you are. That is your ego, your personality. That is your illusion. You, your mind created the illusion and the whole of you now believes it. You think that your little you can move in the vastness in a way that the vastness approves of. That is your sense of separation and it is all in your mind.

Because that is what you think, that is what you have become. The judgment of your separation has manifested in your physical bodies and is trapped there because you denied your self judgment, you denied the guilt which you inflicted on yourselves and you take on the judgments of others. That is the only basis of all your fears.

Fear is your Lack of Love of your Inner Self,
the parasite that lives off you because of your self judgment.

So that tape will keep repeating itself until You take a leap in Faith and accept Me, until you wake up to the fact that there is more to you than what you can see through your conditioned and self imposed tunnel vision.

All You have to do is to allow the possibility. Allow the possibility that there are no boundaries to You. Create the intention to discover Your limitlessness and Your power - the fact that You are in charge of You. You, your mind, closed the door. Only You, your mind, can open that door.

I AM always here. I HAVE always been here. I WILL always be here.
I, your Inner Self, am not separate from you, nor from anyone or anything.

All You need to do is accept my existence, in silent meditation or in prayer, with Your Heart. When You open the door, you will remember. You WILL discover the Love You really are, the Love that You have been looking for all of your life.

Will to do MY Will … you will remember how to heal yourself .. Right use of WILL show you the way for You to take charge of your life .. I WILL show you the way for You to find Peace.

Right Use of Will can guide you to move in the vastness in such a way that the vastness approves of and that You can create Your own reality as You want it. The only way that you can heal another, or that you can heal the planet, is by healing yourself.

Every one of You that becomes, in Your Consciousness, in Your Awareness, a point of Love bringing Light into Life, will become just that. Just as many lighted candles more brightly illuminates a darkened room, so the more of You that wake up to who You truly are, brings more Light into this Planet.

A tree in a forest is perfectly content in its state of treeness.
Just as there are many trees and species, each dependant on the other to make up the macrocosm of the teaming life of the forest,
each individual living in harmony with the other,
so it is perfect for each of You to be different.

You do not have to do a thing. You do not have to change your lifestyle, or give up your jobs, or join a commune.

All you have to do is to be the Love and Light You are as the expression of your Inner Self.

All You have to do is make it real - to 'real-ise' the Infinity of Innocence, the Worthiness, the Vastness, the Love You truly are .. to have the intention.

Re-member, accept My existence and allow help to happen. You, in your body are an expression of the innocence of the One Fire - Wholeness.

Do You dare to be the True Expression of the Inner Self You truly are? Do You dare to allow each and every living thing to be the True expression of who they truly are?

That is the true definition of Love. Do You dare to be the Lover, the Beloved and the Act of Loving, combined, One?

Who I AM .. is the innocent - the One Fire expressed in all Being.
What I AM .. is your Inner Self is your inner Trader

Thursday, March 13, 2008

Trade Daily Update

We had an entry ealier this day on USD/JPY. It shows the result very fast for today. I got 46 pips just within 4 hours (this moment). I am not hoping the pair to go any higher within this next few hours. But, this is the best position if USD/JPY started the uptrend soon.

Tuesday, March 11, 2008

Do Not Overwhelm in Chaos

Chaotic trading really can boost your trading confidence level into a very high stage. One of a friend came and met me last night at my hometown in Malaysia, He told me he got USD1500 overnight using my method. I asked him, which method you are talking about? He told me about the 3 wiseman (chaos technical analysis). Wow!! I congratulate him and felt really proud of him. The I asked him again how many pips is that, he told me it was 300 pips. Meaning 1 pips is equivalent to USD 5. I was really glad to hear that. But my final question to him really made me disappointed, that question was, how much was your capital before? He told me it was $800 before that trade.. OMG this guy is really crazy.. He told me that he felt so confidence with the techniques.

That was another successful story to tell about using Chaos, he might be crazy or he is really extra-ordinary trader, supernatural trader who really believe He can do a miracle. I am 100% disagree with anybody who really gamble their money. But as we discussed before it is really about our thinking. If he did not gamble but really with 150% confidence level and reached the supernatural way of trading, I will be very-very glad and wish to be somebody like him.

PS: Check this blog out frequently, I am doing video shoot to teach al the techniques.

Thursday, March 6, 2008

Everyday is A Good Trading Day

Is that really true? Everyday is a good trading day. Ask any of pro-chaos trader. They will have the same answer as mine. We always love the market, we always dance we the market and we always even smile in front of our computer for the market. Market is just like the girl of your dream. You cannot blame her when you dont know how to react to her action. Market is not some creature that will obey on all of your desires, but remember you are the one who made decision to dedicate your life to her.

Girls, they are sometimes adorable and some other time annoying. But I still in love with them. SO, I have to train myself to react accordingly to their action. If I react wrongly, she might leave me. Because she is very independent girl. She never depends on me to live. I am the one who depending on her. Fortunately for this few months I react accordingly to whatever she wants me to react. SO, I got all her love. I am deeply in love with her and I dont want to get hurt if she ever leave me.

So, how to act accordingly? The answer is very simple use CHAOS TRADING . The answer to know what action the market takes so that we can act accordingly. Chaotic trading let you know either the market is trend following, reversing or ranging and it also tells you how to react under the 3 circumstances. I will tell you about the 3 circumstances later....

Monday, March 3, 2008

Trading is Fun with Chaos

It has been a while since my last update on this blog. I am a bit busy teaching Chaos Technique to a few friends. I love teaching Chaos as it would remind me to my master purpose to be a great trader. When we teach we going to learn twice compared to when we learn. Chaos is a very simple technique on market analysis. It focus more on your self analysis, which make it very interesting and profitable. If you would like to explore about the market and hoping to get some profit it is very impossible, you have to explore your own self.

Last week the FOREX market was very trendy a few pair made a rally of 700 pips and more. So, was everybody made profit? The answer is no, some people made more than 2000 pips in total some even double the account but some people just made about 50 pips and some even lost. What went wrong? was it the market? Off course the answer is no, not the market's fault. the market was very generous to give away up to 700 pips in a beautiful trend.

The answer is yourself (if you lost). That the only thing that went wrong. You were not prepared as a trader yet even worse you might be a gambler. Most of the people who lost last week told me that they thought the market is already overbought or oversold. This what I told them "Market never be overbought or oversold, it's in that place because everybody think it should be there". It is very true or else the market will never do all time high or low. Using oscillator will never tells you about OB or OS. The market only going to reverse when there is enough sign that buyer or seller losing their strength. One of a good sign to tell this is Divergent Bar. I dont have to explain more about divergent bar, you can google it and there is a lot of article on it. One of the Chaos way to trade is using this sign.

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