In system we trust...

1. Trusting the system is the most important thing in trend following trading.

2. Trust will make you to take action regardless of how robust the market situation.

3. Trusting the system is not something that can be developed overnight

4. Based on my experience, I need 1 year to feel comfortable with my system.

5. During this one year period, I am trading demo account using same number of pairs, same trading size.

6. After one your then I know the behavior of my system after going through the tough time in the market.

7. Anyway, after having the system then trusting the system, there's one more important element that will make you survive & make money.

8. That important element is "Money Management" , I will explain how money management play vital role in trend following trading in my next post.

Taking every single signal from system

1. You will be successful in trading if you trade base on signal from the system.

2. One more thing, is to take action from every single signal from the system without exemption.

3. Nobody have an idea which signal is actually a winner.

4. Your ability to execute the signal from the system is actually a reflection of your trust to the system.

5. If you don't trust the system then don't do live trading.

6. I will share in the future on how to build trust in your system.

Coach/Mentor in trading journey....

1. Today I met Michael & Vivian, they are my trading coach & person who guide me to be trend trader (there's one more guy actually, Jeffrey Yong).

2. Michael is a pioneer & most experienced from them all.

3. From them, I unlearn & learn everything on trading.

4. From them, I start my journey as trend trader.

5. I learn on phychology of trading,principle of "TREND FOLLOWING", trading system, entry and exit, what to trade, money management and etc.

6. From them I meet many other trend following traders too.

7. They are coach who trade their own money, they walk the talk..

8. Having coach/ mentor in trading is very important in your trading journey.

9. And finding the right and genuine coach is tough, and many traders lost their whole capital before they find them.

10. In the future posting I will share the criteria of genuine coach & fake coach.

Full time trader...

1. Every trader have dream of being a full time trader, where he/she does not have to do other things except trading.

2. I would like to put term full time trader as similar as reaching financial freedom, where you need to determine your lifestyle & minimal monthly cash required.

3. Let say you need $3,000 per month, it means you need total $36,000 per annum.

4. Since with "TREND FOLLOWING" trading you can expect between 50 - 150 % returns per annum ( However, always remember, market sometimes can give less and sometimes it can give more too)

5. You need at least $100,000 then on the next year your capital will grow to $150,000. Where you gain $50,000 from original amount of capital.

6. From $50,000 use only $36,000 and balance of $14,000 to be added back into trading capital.

7. With this approach, you are using your money for a living from last year gain to be used for the current year. While At the same time increasing your trading capital so that you can increase your trading size.

8. There's no such as daily or monthly withdrawal. I will share later why mentality of daily/monthly withdrawal is for losers.

9. "TREND FOLLOWING" trading is about focusing on current action & taste the fruit on the next year.

I trade in portfolio of currency pairs...

1. Trading is one of the most emotional game, it's torturing & painful to those who  trade wrongly.

2. What is one of the important element in trading?

3. One of them is, "TRADE IN PORTFOLIO" or trade more than one stock/currency pair in your portfolio.

4. I use to to trade only 1 commodities at one time, and the emotional stress is so great due to waiting, focusing, hoping for this single instrument.

5. As a result I exit prematurely & definitely with no monetary gain.

6. Not only that, the risk is also great when you trade on single instrument. Your risk is not well spread.

7. Now with "Trend Following", I trade 20 pairs of currency. I have peace of mind in trading, I am rewarded financially too.

Trend trading is a game of waiting...

1. Trend trading is a game of waiting, and only those who wait will emerge as a winner.

2. Waiting for what?

3. Definitely waiting for the odds to be in our favor

4. When are odds in our favor?

5. Odds are in our when equities curve is in the drawdown between 40 to 60 %.

6.So what should we do when odds are not in our favor?

7.The answer is WAIT!!!

Expectation on trading....

1.Everything we do, will always come with expectation & same goes with trading.

2.I used to have ridiculous expectation on trading especially when first introduced on "Day Trading"

3.Until I am adapting "Trend Following", I realized that Preservation of Capital is more important than return.

4.There should be no expectation at all in trading since it will create stress & emotional torture.

5.Always remember Market Adversity that it will always want to hurt any trader financially & emotionally.

6.Always remember that if market give you 20% then it is much much better compared to any return offered by fixed deposit, mutual fund, etc

7.However historically "Trend Following" trader usually get the return between 50 - 150 % return per year.

8. Some says 50% return per year is tiny, however we must look from different perspective.
    Eg.$10,000 capital with 50 % return will give you $1,297,463 in 12 years time.

9.If some says 12 years is such a long time, then think again.. Whether you like it or not, time will pass by & you will reach that 12 years.

10."Trend Following" is a philosophy that not everybody can follow, however those who can will accumulate wealth over certain period of time.