It seems to be a frustrating month for me. A few screw up and now I am now in my trading – again….although I may still end the month with a small up, but this is cold comfort as I need to make 2.5% per month. I think I still can make slightly more than flat this month, but will need to take additional risk.
The mistake made in this month is that I did not get out of my short call option when the indicator turned. If I had stick to the 15% margin, then I should be fine. But I was more aggressive and I should have gotten out of my more aggressive position. Then I compound my mistake by being too aggressive on the short call again. If I had stick to my rules, I believe I should make more, although I may not hit my 2.5% target because of market condition.
I have to succeed in this trading business, as failure is not an option.
Looking at others like my wife, brother, brother-in-laws, they are all traveling for business. Me? Everyday sits in the office with nothing much to look forward to except my Japan trip. If I can make a monthly profit of 7k, than I can even afford to travel once every 2 months or even once a month. The other reason is that if I were to lose my job, I will really be in deep shit. I really need to build up this thing so that I can still earn a living regardless what happen.
I need to be financially free, to do what I want to do. Now, I have to consider, and consider hard if I want to go for ONJ’so concert…… this should not be the case!
I also owe it to my wife that I should give her a good life.
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