Saturday, July 5, 2008

Introduction

Hello,

My name is Peter. I am writing this blog and all subsequent blogs in an attempt to be accountable for my trading results. These blogs will include my thoughts on the market landscape, all positions I have undertaken and the reasoning behind them and any miscellaneous thoughts on trading and life.

I have been trading, on and off for the last three and a half years with varying levels of success - I am yet to post a net annual profit. In saying that, I would like to thank the market for the lessons learnt and promise myself not to repeat them. These lessons will be published in subsequent blogs as required.

I am a chemical engineer by education, however, I fully realise and understand that one's background is irrelevant in this industry. All that matters in the end are your results.

I am currently living and working in the United States. I've moved here from Australia 9 months ago. My expected return date is September 09. These blogs will provide an insight into my journey in obtaining my short term goal and beyond - to become a full term trader (or rule follower) upon my return to Australia.

Coupled with the intention of becoming more accountable, I also want these blogs to provide other traders with information and a forum where they may exchange information and experiences. We are all on this journey of life together.

Let the journey begin, and for those of you that join me..... WELCOME!!!

I will be signing off on all my blogs as Condor - For those of you familiar with options, you will know that this is one of many option strategies. Personally I am yet to use condor strategies in my trading - Another goal of mine is to become comfortable with many strategies and to implement those stategies depending upon market conditions.

Thank you for taking the time to read my first blog.

Have unwavering faith in ABUNDANCE!!!

Condor

No comments: