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Weekend brain food V
By Rainbow Coin  •  September 5, 2019
I know it's a little early for weekend but since the post is ready I shall just share it. August was a turbulent trading month for me which started off with a big plunge to account value and it finally ended with a grand $0 gain / loss for all my time and effort. The plunge was because of entering a trade too early and I hedged my position too late. Given the volatile market these days, I set a 'take profit' this round and locked in some profit before the market closed over last weekend. (Now with my feet in the US market, I have to take note of its public holidays too, eg. first Monday of every Sep is labor day.)

Trading outcome is heavily influenced by our money and mind management - stay calm and execute with discipline. Method is just a theory without the two.

Just an idea -

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By Rainbow Coin
I began exploring the financial world in year 2010, hoping to get out of the rat race and be financially independent. 2010 was the aftermath period of the Lehman crisis when a pretty shaken up market was struggling to recover. On hindsight, that was the perfect time to catch multi-bagger stocks should I be a veteran or at least had some basic knowledge of picking up 'gems'. My learning curve was steep then, as I have absolutely no friends or relative who could shed some light on what's investing about.
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