Thursday, 23 June 2011

Looking Back To See

I can't believe I've written so many posts to this blog. What started out as part of teaching Kiki how to trade has taken on a life of it's own and has impacted more people than I could have imagined.

Apart from the official students, I have received many many emails from people that describe how the blog helped them get to CP. Terrific and congrats to all of you in achieving such a life changing result!

Those of you still on the road there, I say this: IF (big IF) you have the passion then keep on working towards your goal. With all the technology available today, getting to CP is possible while still holding down a job and without risking any capital until you are CP in SIM. This may be "normal" to the newest generation but it is certainly a quantum leap for those of us who started trading in the fourth quarter of the 20th century, risking and losing money on a daily basis to learn our craft.

CP is not a dream, but can be a reality. The proposition I put forward at the beginning, that most people can become CP if they are properly capitalised and have the discipline to follow a structured methodology like mine has been validated by both students and readers. Many people have been very successful. Not everyone has been successful, yet.

Today, the Euro future was for sale all day. I'm still short after the pic below. The market was a trend day down and had no real rotation. The chart is a 5 tick box Renko. The Renko seems cleaner than the range bar at the moment, as there are no wicks.

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