24th October 2017 - I like to type

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We are but a minuscule dot in the observable universe. We amount to nothing. Even einsteins equation don't amount to anything. We exist momentarily and then there's nothing.

Man doesn't have to abide by the system man has created. Most men/(women) do but it is not a compulsion. It is not a compulsion if you're financially and socially free. You can choose what you what you want in life and live one that mounts to something but inevitably it will all be nothing. You can do nothing and do something. It doesn't matter. It's all just momentarily.

Okay! That was deep shit. I'm high on two pints of Bira and just watched "Goodbye Lenin." Ja man. Es war ein sehr interasannt Film. Made me realize how vague I'm thinking about the world and the things around me. I used to be much more than this. I guess it's time.

Okay! Coming back to ground zero and life. Today i made two trades with a overall profit of Rs. 440 (6.7 dollars) and minus the comission which totals to Rs.-60. I lost 60 rupees, but big deal! I got to learn something. Here are three tips I could take from today's trading session

  1. Learn to exit a position if you're day trading. (Swing traders can stick to their game plan but it's kinda risky for day traders)
  2. Take a profit of Rs.1000 always if you think there is a hammer doji or a shooting star doji formed. (otherwise hold if ema is up or down, there will still be more upside and downside)
  3. Trade only Bank Nifty till you break even or even come out on top. (Don't get tempted and stick to your game plan)

How to Day trade book is helping a lot. The author talks about VWAP (Volume Weighted Average Percentage) which I haven't incorporated yet but I'm still learning.

Moving on to other things in my life. I would like to replace my first language 'English' to Deutsch soon as I feel I can express better in german once I get better at it. English has constrained me as a person and made me weaker to my social counterparts in India. I think I'm good for the day.

Cheers
Cobi

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24th October 2017 - I like to type | Ecency