1.Trading is one of the best ever thing that I discover in my life. There were stages of event in my life which lead to what I discover now.
2.At 17,I was already obsessed with the power of compound interest. I read a lot on mutual fund,unit trust, and stock market.
3.After my SPM examination, I managed to convince my dad to open a trading account with local stock broker. My dad convinced my mom to give me $5,000 as a capital for trading stock.
4.Along the way, I read a lot of books written by Larry Williams and Jack Schwager. Larry's book is more on his techniques in trading futures and commodities.While Jack is concentrating on bibliography of famous traders and speculators. I even read items written by Victor Niederhoffer.
5.Later I opened futures trading account and started trading Index Futures and CPO. My feeling on that time, I felt like getting closer to be a millionaire.
6.Although I was still at University, my obsession was so deep and I spent most of my time at library reading books on trading. Not only that I start to record daily price of CPO and Index futures and develop my own technical chart.
7.I was managing my own account and also my uncle's account. However the accounts got burned when I asked a broker to trade for me. It was a bitter experience and great learning curve
8.After the losses, I no longer trade but just doing a lot of demo trading. This time I was opening a demo account for currency trading.
9.The concept of 24 hours non stop market is a new attraction for me. Again, My account got burned and the journey to wealth looks bleak and just a fantasy.
10. As time goes by, I was busy with my work in Telecommunication company and move to a new place in East Coast of my country.
11.However one day, when I start to implement "Trend Following" in my trading then it had change my life forever. My 1st year result return was 50% (despite some initial indiscipline on exit and profit taking).
12.I will share further my experience in the next posting..
