hello
mm... is now a time where market hit a bottom? STI 1 year ago was almost 4000 and now it is 1600 ++. oh my god that is almost like 50% drop in 1 year time. everywhere i go people are talking about buying stocks. in the food court, in the lift, in the tennis court, in the tennis fourm, even a 24 year old young ah beng talks about buying shares, my father says to go in buy a few blue chips if i got money. haha seems like everyone talking about buying shares now. yesterday night my father was talking to my sister and johnny about buying stocks. i usually dun talk abt my trading with my family memebers esp my dad, he wont know what i am talking anyway. older people says trading is gambling and no good. but yesterday he mention he will have some money and he looking to invest. well then i got to stop him from touching stocks. he dunno his son is a active forex trader. well i dun really consider then i am a expert in trading. all i do was just stealing and taking works from other maths trader and expert programmer. i did not invent or do any sort of maths trading calculation. all i did was copy their good work. i did not code and expert advisor. all i did was steal their expert advisor coding. anyway dun think i am a great expert trader ok, i am just a simple average joe. just a young kid hopping to grow my money slowly and safely.
anyway i promised to let you guys know more about K GRID.
after trading for almost 1 year, this is what i had learnt about the forex market
1. i dunno which way market will move
2. i dunno how the market move
3. i dunno when the market is going up or down
4. i dunno who cause the market to move
5. i dunno why the market move up or down
basicaly i dunno anything about the market
however i do know
1. the market move in waves, in all the timeframe, 5 min, 1 hour, daily, etc
2. money management is important, it is in fact the holy grail of trading.
3. high risk you risk more you also gain more. low risk you risk less you also gain less. if you can win 5000 a day, you can also lose 5000 a day.
4. greed and under capital is the reason why 95% people lose.
if we all know that nobody can predict the market, why do we all try and predict it?
almost all the system is predicting the direaction of the market based on funtementals or technical. however we all know that such bullshit dun work on a consistent basis, why so many people still trade that way?
oh this is how K grid comes about. we do not predict the direction of the market, we do hedging, we buy and sell at the same time, yes i agree we win one we lose one. at most only win a bit. but the impt thing is that we win and that is the most important month after month. you must remember why we hedge that is because we dun predict. and we martigale out of the losing side of the hedge. thats it, simple hehee. thats is K grid in a nutshell.
i been testing K grid for a month now and it has open level 64 (level 6 for starting 2 lot )for 2 times. wah so scarey leh if real money. so fast open level so high already. i think if real money account i only dare to play level 1. the first time level 64 closed with profits. if this time level 64 closed again with profits. i will start my K grid. wish me luck guys!