Be yourself; everyone else is already taken. ~Oscar Wilde
Since I was 16, I have been trying to earn money by trading currencies and commodities. In a matter of few days, I will be 26. Yes, it has been almost 10 years since I was first introduced to the financial markets. Truth is: I have never been a consistently profitable trader. Infact, an even more important truth is: I have never been a consistent trader at all.
Yes, I am a failure in financial trading. But even in 10 years of failure, I never gave up.
To make things worse, I am highly qualified in finance. I hold prestigious degrees in finance from very recognizable institutes. I am also pretty successful in my day job (which is also linked to investments and finance; but not trading). Despite extensive knowledge of financial markets and investments, I have not been able to beat the game. I know exactly know the problems which keep me away from becoming a good trader. I am not disciplined in my trading approach, I am lazy to learn new stuff and sometimes I am just to comfortable to actually work hard at it. I know my weaknesses and I also know if I work on them, I can do what I wanted to do all along.
The reason I started this blog is because I am sick of “wanting” to be a successful trader and not being one. I want this blog to be my source of inspiration and determination. I have kept my identity ‘anonymous’ so that I can be truly honest with myself. I can write things which I cant say in public due to my work image. I intend to describe in detail all my efforts to become a consistently profitable trader. This will be my trading journal. It will help me to be what I am.