The First Rebirth

IMP Ipit Mode / Investor Mode

 

It was December 7, 2016 when I finally sold IMP at -42.79 loss leaving my port damaged down to  75% of my total capital.

It is not my first time to cut my losing trades. But this is one of the biggest cut I had during my first year in the market. I had my cut loss but I always tend to make exemptions. I adjusted it more and more. Then the time comes when it was to big for me to cut.  Hoping that it may still go back to a price that can make my position break-even or even gain some more. I waited for a month, then two and then comes the last month of the year when I realized that I finally need to let go.

I have made so many mistakes in just months of trading. I need to let go. I need to move on.

I said to myself that before the year ends I will push the reset button and also reset my trading log for all the bad memories that I had. I will not think of the hard earned money that I loss. That I will do my best to protect my capital and make it grow bigger. Then to my surprise, hitting that reset button work wonders to my port.

Here is the summary of what transpired during the first week of 2017.

Port Snap January 4, 2017

Port Snap January 5, 2017

Port Snap January 6, 2017