As promised, I will do regular update on the capital account of Ninja Master Fund, which i use mainly for the "fire & forget" strategy.
My previous update was here and i started this account on 1 April this year with $100,000.
As of 30 Sep 2013, after the 4 trades in Sep, the capital account increased to $109k. Let's see if i can hit $120k within one year and the return would be 20%.
One thing you may want to take note is never force a trade. When I look at a chart and the chart doesn't shout "buy me buy me" to me, I will give it a miss.
The problem with new traders is to "overtrade" when they are on a 'winning streak'. In other words, taking a trade even when it is not compelling to do so or the risk-reward is not too good. You will have to learn to overcome that "trigger-happy urge" to prevent over-trading.
I will continue to share my trades if i see some compelling setups. I will be busy travelling again in Oct and Nov... :(
Happy trading ^_^
