New Year Resolution

Looking back 2020 was eventful year, yet taught me many valuable lessons.

I started to learn option trading in the early this year.  Attending the options classes, watching online video and reading many books , yet made many mistakes and incurred loss especially during March melt down.  

Those learning turned out to be essential parts of my trading journey.   I start to realize the importance to determine the suitable trading edge, trading strategy, then trading plan and trading journal. Like all business, without plan, is plan to failure.   In the process of developing plan, one is able to find out the way that is best suitable to him/her

In July, I started to develop my own trade strategy, and business plan, following the detailed trade journal , I was able to see which strategy work best for me.

As the year ends,  I am happy to see the fruitful year of learning. I currently manage two accounts, the following shows the performance of 2020.

Now at the first day of 2021,  I plan to make the following resolution.

1.  Further fine turn the trading plan and strategy;  to focus on the strategy selected
2.  Aim for 10% annual return.$3000/per month income from trading.
3. Aim for scaling up by teaching others to learn the same process and strategy
4. Make time for exercise and writing. 
5. Make time for children.

Wish 2021 to a blessed year for All