Yes, I know. I have neglected this blog for too long. I am still on a break from trading. I am waiting till I have enough spare money to put into my trading account so I can start trading again with a significant sum. Trading with a tiny account, as I had learnt, does not leave any freedom to take risks and then you can lose very quickly.

Currently, I am busy writing my first eBook. I have promised to do so long ago, but kept procastinating the actual job. Now I am working on it, and hope to put it out real soon. I hope I can get proficient in writing eBooks so that the next one will not take me so long.

I got the following request by email (from Dr. Harlan kilstein), and it seems to me important enough to repost here:

My friend Dr.Mani, the heart surgeon and infopreneur, is
launching his second book on February 14th, 2011 – as a
Kindle ebook on Amazon.com

Dr. Mani is a cardio surgeon in India and does heart surgery
there to save lives.

He does not take a fee for surgery.

He’s one of the good guys.

He asked me to help him promote his book today.
Because Valentine’s Day is all about hearts. And Dr.
Mani really mends broken hearts.

He wrote a book called “47 Hearts” and is giving all
the profits to fund life-saving heart surgery for children
from under-privileged families.

To build buzz for the launch, Dr.Mani is doing something
just a little bit different!

He’s Giving Away 1,000 Copies of “47 Hearts”
– for just $2.99 each!

If you recall, the print version sold for $24.95 – so
this is a great deal. PLUS, if you buy your copy on
launch day (February 14th, 2011), Dr.Mani will give you
gifts worth $150.00 – just for ordering one Kindle edition
of “47 Hearts”.

Yes, that’s an insane offer – and one that’s hard to
resist.

All he’s asking in return is that you read the ebook -
and then tell one friend (or ten) about this deal, and
invite them to order a copy on February 14th.

* You can post it to your blog.
* You can tweet it on Twitter.
* You can publish it on your website.

Or you may just forward this email to a friend.

If that sounds like a fair deal (and after reading the
book, I promise you it is!), then hurry to this site
and claim your copy of the ebook –

You don’t even need a Kindle to read the book.
You can get a Kindle reader for your computer
or SmartPhone.

http://www.ezinemarketingcenter.com/47hearts/
Only the first 1,000 will get in at this rock-bottom
price of $2.99 – after that you’ll have to pay more!

Don’t wait and lose out. Rush over to Amazon.com and
place your order. Or use the link below:

http://www.ezinemarketingcenter.com/47hearts/
Let’s support one of the good guys of the Internet.

Dr. Mani is one of them.

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I did it! I quit a losing position of one contract with a loss of $50, without moving the stop-loss or adding more contracts for “averaging out” or any other such tricks!

Those who are not following my blog for long may not know, but I have been struggling with my bad habit of moving the stop-loss further away when the position was losing, and also the habit of adding new contracts to losing positions without enough planning. Well, today I let the position lose on the original stop-loss point. Shortly after I had tried going into another position but then saw the market was still going against me so I quit immediately. The final position was a good one, so that my bottom line was of +$37.5. Since the whole process used about 5 contracts (I lost count of the contracts somewhere along this process), the net profit had this been live trading was close to zero, but I don’t mind. The important thing for me today was my acquiring again this ability to let a bad position go, quitting it when the loss is small. Moving the stop-loss or adding more positions can often give the position a new chance and end in a profit, but as I had learnt in the hard way, when it does not end in profit, it ends with a very bad loss which can erase the profit of many days.

I feel now more prepared to go back to live trading. I hope to do that soon, acharey hachagim as we say in Hebrew, after the holidays. I hope to be back trading in the last week of September. Good luck to me!

I had another small profit today. $50 on 2 contracts. Not much really.

On the first position I could have gotten more. I quit too early, with only $37.5. In the second I position I think quit just on the right time – just before the market turned around and potentially making my position a losing one.

I don’t mind having for now only spoon profits (see my last post if you do not know what I am speaking about). I only wish I could stay away from the bucket losses!

It takes so much time to get back from a vacation! So many things to put back in place (and I am such an untidied person), and I need time to rest and readjust! Just going over my email takes over an hour.

Between everything I had to do I didn’t have much time to trade today. I did $50 over one 2 contracts. Not very good, but at least it is a profit. The internet connection also wasn’t very good, which is frustrating as I have just now upgrade my internet connection.

The book I mentioned here, about the psychology of trading, has arrived. Now I have to find time to read it. Of course, I will write about it as I read.

Hi Everyone,

You are probably wondering where I disappeared to. Sorry I forgot to post here that I am going on a few days vacation. I went camping with the kids. The heat and humidity was unbearable, but otherwise we enjoyed ourselves.

Anyway, we came back late yesterday night. We actually had a flat tire coming back, so this made our journey back longer, and we came in very late. I will post here again later today or tomorrow when things are back to normal.

How do you like the new look of this blog?

I decided the old one gave a dim impression, and was a bit depressing.  This theme has more happy colors.  I don’t like the business men on top:  It sends the wrong message, as if the work of trading belongs to men only, with no women around.  But overall, this theme is happier, so I am having this one for now.

I have to do a few more changes, as giving the ads a more appropiate color, and also the registering to my newsletter doesn’t fit.  I’ll do it over the next few days.  Anyway, I am excited about his change.  Congratulations to me!