Open trading account 
Dear Fellow traders,
I have to admit that I am a short term trader, which I normally never hold an open position for more than 2 days. From my previous month contest experience, i realized that I make too much mistakes by taking higher risk especially the final week of the contest when I was in the top 5 position standings. Of course I was greed and eager to expose my account with higher risk due to desire to be on the top position. Ended up losing everything and not even able to stand in the top 20 position.
From now on, I use a different approach in this month contest. I will set daily goal of profiting x amount of pips everyday. I will not be competing with other traders, so i just keep on maintaining my daily goal target and if I able to do that for the next 3 coming weeks,
I think I be able to stand a spot in the top 10 position. I think this is the right way for me to trade. I should not always compare my standing with trader above me as this will keep me trading and over trade regardless on whether the timing is right for me to enter to the market.
Trade with care!
best regards,
kkchat
I have to admit that I am a short term trader, which I normally never hold an open position for more than 2 days. From my previous month contest experience, i realized that I make too much mistakes by taking higher risk especially the final week of the contest when I was in the top 5 position standings. Of course I was greed and eager to expose my account with higher risk due to desire to be on the top position. Ended up losing everything and not even able to stand in the top 20 position.
From now on, I use a different approach in this month contest. I will set daily goal of profiting x amount of pips everyday. I will not be competing with other traders, so i just keep on maintaining my daily goal target and if I able to do that for the next 3 coming weeks,
I think I be able to stand a spot in the top 10 position. I think this is the right way for me to trade. I should not always compare my standing with trader above me as this will keep me trading and over trade regardless on whether the timing is right for me to enter to the market.
Trade with care!
best regards,
kkchat
