Freddy's Blog

December 2014...

2014-12-26T22:42:00.001+08:00

This month had really been a hectic month for me with many ups & downs emotionally and physically...

There had been many long days as well as some late night, providing full day training as well as late night parties... Not that I am not used to the long working hours and late night party, just that it come with some matter of heart that bothers me lots... I had been lucky to have my Shanghai Dealers in Singapore and providing me with many opportunities to just catch up with them and kept my focus elsewhere, but nevertheless, anyone and everyone going through this issue will understand and realise that it still creep back immediately once you are done with the party and get together.

Indeed, I am a victim to this as well... As much as I wanted to move on and forget it this matter, it does constantly come into my mind and haunt me. Again I was lucky to have been able to have true friend like Say Wee and Cyrene who could provide sound advice to help me come into acceptance and move on bravely. One provided company and join me for a few beers while the latter provided me with such true and honest advice that I could move on after having accept the fact.

So now here I am standing strong again, ready to move on into the year 2015 and realigning my focus back to my career and to create wealth as well as find success...

Following photographs to honour my Shanghai Dealers...

First Dim Sum Supper @ Geylang

Karaoke Session @ Tang Music Box, Clarke Quay

Impromptu Drinking Session @ Haji Lane

Dinner before the team fly home @ Beach Road

This team of Shanghai Dealers are my first fruits of my training assignment and they will always hold a special place in my heart. Though I always show a cold front and seem to be heartless as well as emotionless, but truly, I cared for everyone single one of YOU and wishes sincerely that all of you can find success in this rewarding career. Gambate...

FX Dealers get together...

2014-12-26T22:24:00.000+08:00

Sunday, 23 Nov 2014, our dealers (internship) from Mumbai arrived in Singapore for a month long training.

Monday, 24 Nov 2014, the dealers from Shanghai arrived too...

Having flew in late Sunday night and arriving in the early hours on Monday, they were checked into their home for the coming month @ Lofi Inn Hamilton, while the Mumbai Dealers stay in Phil Inn located in Little India. After the short rest, everyone gathers in FXCC getting ready to be briefed on their programs for the coming weeks.

After the short brief, everyone went to the dealing room and get ready for their first trading session in Singapore followed by the many training programs the training team had lined up for them. Of course, there are also many gatherings as well as parties coming their way...

Lunch with Chief @ Level 33 MBFC

Karaoke session at Cashbox @ The Scape

Over one of the weekends, off to the Universal Studio Singapore (USS)...

With all the hectic training programs as well as all the fun times, time sure passes by like a blink of an eye, Farewell party at Chief's Penthouse @ Sentosa Cove...

Indeed, time passes by so fast that before we knew it, one month is over... I truly and sincerely hope that everyone of you had enjoyed your trip to Singapore and most importantly, everyone of you had learned something from me or from the training team. Continue to work hard and till we meet again soon...

Happy 49th Birthday Singapore!!!

2014-08-10T19:21:00.000+08:00

Been quite a long time since I did any post in this blog, haha... been busy lately, but seriously the real reason is just that I had been extremely lazy haha...

How times fly past us, with a blink of an eye, it had been 6 years since I started this blog. Yes, you got it right, I started this blog with the first post on Singapore National Day too...

This year had been a special one as it was my first time away from home during National Day. I am currently in Chandigarh, India conducting briefing and training to the India Colleges to recruit Trainee FX Dealer, as well as setting up our UTC in India. Anyway on Singapore 49th Birthday, I spend my time with my colleagues here in India together with me going up Kasauli Hill and enjoying good Inidan local food. Below are some pictures taken during the day trip...

First destination, or meeting point... The blue dot is where we are...

And a panorama view of the lake...

See that little frog on the extreme left of the picture? That's a dustbin...

After meeting up, we move on to our destination, Kasauli Hill... And our first stop after almost 2 hours car ride...

This is what we had as finger snack before having some maggie noodles... They were fried vegetable, On the left picture you can see that its a fried potato. After the short break, we have another 20 minutes ride to our destination for a proper meal before proceeding further up the hill...

After another 20-30 minutes of bumpy ride, we finally complete our car ride and commence walking to the "peak". We were greeted by Mr. COW along the way.

Along the way up, we we see the above sign to inform us of the altitude we have reached and as well as to remind us to keep the area clean and do not litter...

The best warning sign have to be this.... haha...

Height and view at the "peak"....

Not to forget the location, with the help of GPS...

More pictures taken along the way up and down...

After the hike, we went to take a look at the market but was already too late, as most stores had already closed. Hence we continued our long ride back home... Which was like almost 3 hours ride back...

FINALLY, NOT TO FORGET... HAPPY 49TH BIRTHDAY SINGAPORE!!!

27-29 Dec 2013 Ronghui & Sheany Wedding Celebration

2013-12-30T13:49:00.001+08:00

After much co-ordination and even a recce trip a few weeks back, finally the day arrived for all of us to travel up North to celebrate our friend, Ronghui's wedding in Segamat Malaysia. The gang met up at the bus stop outside Asia Pacific Breweries at 9.30pm before proceeding to clear the custom and Tuas Checkpoint.

After meeting up at the bus stop, Car 1 driver, Yingshun with Ruilong & Ronghui's brother, Car 2 driver Junwei and his family (Ginny and little Evan) and Car 3 driver Edwin and his family (Yvonne and Raynie) with me. The custom clearance was done in quick time though there's moderate traffic. We proceed on to our first re-org destination, a petrol station after clearing the toll in Malaysia. After a short toilet break, we proceed on without break to our destination in Segamat. The entire journey took us 3 hours before we finally link up with Ronghui, the host for a light supper before putting up at a holiday house, Homestay.

With each family in one room, Ruilong and I stayed in one room and we had to shift the bed so that I do not have to sleep directly under the aircon blower. After settling now in our home for the next 2 days, we have some locally harvested durian before quickly calling it a night so as to prepare ourselves for the long day.

Woke up very early in the morning, about 7.30am and get ready to proceed for breakfast. Ah Gong Bak Ku Teh was our breakfast before proceeding back to the Homestay and while the little one rest for the luncheon later, the ladies went for some relax time at the saloon.

At the restaurant before the luncheon starts, Mr Ronghui with his mini bow tie, courtesy of Kieran.

The kids in support, getting ready for their walk-in...

The newly-wed couple with the little ones before starting the luncheon.

A five seconds kiss and a song by the couple for all the guests at their lunch reception.

After the luncheon, we proceed back to the homestay before deciding on our next programme. However, as the little ones are tired and would be difficult to bring them out, the parents decided to just stay in the holidays house and enjoy. A food party was just out to get dinner back for all, while the host again proceed to collect the durian ordered. After dinner, the much awaited highlight of the trip was about to start... fireworks...

The young ones experiencing their first with fireworks, smiling faces over all their faces...

And even the adults can't wait to get their hands on the limited supply...

And finally the grand finale to the fireworks playing... 188 shooting fireworks...

The little heavy box that made all this fireworks possible...

After the delightful fireworks, it's bedtime for the little one and before that, it's milk time... And they will always look for their favourite babysitter...

New found friendship between the two young boys, before parting our way... home...

Bellroy Travel Wallet - 26 December 2013

2013-12-26T21:18:00.001+08:00

The Mont Blanc wallet I bought a few years back, cannot really remember when I got it, but I think it should have probably served me for a good 6 years at least.

I had wanted to send it in for servicing for quite a while but finally decided to get a new one instead. Nevertheless, this wallet had served me well and had definitely been worth the brand and price that I had paid for.

Did a search on Google for a wallet shop in Singapore near my place before leaving my house for it, but instead was attracted by this and the rest is history.

Bellroy Travel Wallet video clip

The Bellroy Travel Wallet

Can you spot the different? The one on the left is without passport while the right one has my passport in it!!!

Though a bit long in length, it allow one to keep the passport in it as well as air ticket and boarding pass. It also has slots for often used cards and the in frequently used ones. It also come with a micro pen for used in filling in document and custom forms.

And finally, in the book of instruction, the last page is the commonly used words in different countries...

Don't believe me... cause I dun believe it myself...

2013-12-25T15:51:00.002+08:00

No one is going to believe that I walked Orchard Road from end to end, to be exact, from Orchard Tower to Plaza Singapura on Christmas Eve ALONE!!! But the truth and fact is...

I really did that and it was the longest walk I ever had, largely due to the crowd and construction site at the area only worsen the situation. Along the way, I took some pictures of the Christmas lightings and decorations that the shopping malls had put up.

The first shot taken at the cross junction at Lido. Lido is going through a major revamp / renovation...

The spiral Christmas Tree just outside the side entrance of Marriott.

Taken outside Paragon.

Taken at one of the junction, the ribbon on the lamp post...

Shopping Malls (Center Points & Orchard Central across the street) decorations...

While walking through the crowd, I am also constantly looking for a place to chill out, which was my main reason why I was there in the first place. However, it's either too crowded or I simply dun like the place. Hence continued walking until the Hawker Centre opposite the Grand Hotel and had my dinner there before continuing the journey down Orchard Road.

Finally, decided to catch a movie and check my iPhone for availability. Watching movie alone had always been convenient as you can simply slot yourself into a single seat. Decided on the show to watch, I moved on towards the cinema, Golden Village @ Plaza Singapura.

The final two pictures I took, before getting into the cineplex at Plaza Singapura. First one is of the Istana Park opposite The Istana Entrance and the other is just outside the entrance of Plaza Singapura.

And this is the Chirstmas movie I watched! 47 RONIN...

It's a movie about 47 samurai who, upon the death of their master became lordless samurai (ronin) and how they found purpose and reason to fight and avenge their death lord. Interesting movie with a bit of Japan history lesson within.

AND THAT'S XMAS 2013 FOR ME!!!

FX Invest Club - By Invitation Only

2013-03-21T04:47:00.002+08:00

Wow, I can't believe how time really FLY!!! It was almost a year since I last updated my blog. Hopefully, I should be more active from now on and have my resulted posted on a weekly basis.

Had been really busy with the development and growth of my company and it's getting really exciting for us this year. I really hope most things progress smoothly and allows all of us to benefit from it.

And so the result for the FIRST day of trading for FX Invest Club...

Updates on Dreams & Goals Redefine

2012-04-22T00:47:00.002+08:00

With reference to the entry on Dreams & Goals Redefine, first quarter of 2012 had past and below is my comments and update.

Q1 2012 target - FED INVESTMENTS PTE LTD equity had been increased to $30K. Though the deal is closed, the fund is not in yet hence I can only consider that it is half met. Nevertheless, I am starting to work on my Q2 target of $50K.

Dreaming of having an increased constant income of $3000 continued to be a dream. It wasn't as easy as I thought. Firstly, it was the commitment I had, to continue with my primary task and secondly is my focus and concentration required during trading. Hence, I had not really started trading the company account. I rather be safe then to be sorry, in any case the first dividend payout had been made on 17 Apr 2012 (2% + one month prorated).

I am also trading the new KPI index and matrix to gain confident and consistency. Not too sure whether I will trade my company account once I meet the professional level. Maybe I rather wait for the RiceBowl (trading platform) to be launched and tag the Chief. With the RiceBowl, I may even be trading Six Capital, FED INVESTMENTS and my personal equity, all at the same time.

Meantime, I shall just concentrate on growing the company equity, towards $50K equity, target for Q2 2012. As for the income part, let's just put it on hold and let's nature take it course.

Gambate!!!

PUT THE GLASS DOWN!!!

2012-02-21T01:37:00.001+08:00

Put the Glass Down When you leave office today.

... Study this small story. Hope... that makes a BIG change in YOU.

A Professor began his class by holding up a glass with some water in it.

He held it up for all to see & asked the students

“How much do you think this glass weighs?”

'50g!' ....
'100g!' ..... '125g'

..the students answered.

“I really don't know unless I weigh it,”

said the professor, “but, my question is:

What would happen if I held it up like this for a few minutes?”

'Nothing' …..the students said.

'Ok what would happen if I held it up like this for an hour?' the professor asked.

'Your arm would begin to ache' said one of the student.

“You're right, now what would happen if I held it for a day?”

“Your arm could go numb, you might have severe muscle stress & paralysis & have to go to hospital for sure!” … ventured another student & all the students laughed …

“Very good, But during all this, did the weight of the glass change?” asked the professor.

‘No’…. Was the answer.

“Then what caused the arm ache & the muscle stress?”

The students were puzzled.

“What should I do now to come out of pain?” asked professor again.

‘Put the glass down!’ said one of the students.

“Exactly!” said the professor.

Life's problems are something like this.

Hold it for a few minutes in your head & they seem OK.
Think of them for a long time & they begin to ache.

Hold it even longer & they begin to paralyze you.

You will not be able to do anything.

It's important to think of the challenges or problems in your life,

but EVEN MORE IMPORTANT is to

‘PUT THEM DOWN’

at the end of every day before You go to sleep.

That way, you are not stressed, you wake up every day fresh &

strong & can handle any issue, any challenge that comes your way!

So, When you leave office today, Remember my friend to …

PUT THE GLASS DOWN TODAY!

Dreams & Goals Redefine

2012-01-19T01:13:00.000+08:00

This had been on my mind for quite awhile already. Each time I sat down, I will always have an inner feeling that tell me that I'm not ready to pen this down. Indeed, I have to agree that this will seriously take me awhile to complete.

Had a chat with Colin today (16 Jan 12) and his proposition make me think harder and deeper into what I really wants to accomplish these few years on. Hence, I start to pen down in my iPhone, my thoughts starting 16 Jan 12. Let see how long it will take me to complete this entry.

His proposition - Good Debts. Get a loan and fund my trading account with $10K. Looking at the interest rate, generally it should work out to be about 2% or lower each month. Trade on what we had learnt, we should be able to do well, just stay discipline and dun ever fight the market. Get the direction right and follow what the master say. It's possible to double your account in 2-3 weeks time. Look good and sound simple enough, for we do really have the master with us. In fact, it's not one but two masters leading and coaching us.

I had been working for Six Capital Pte Ltd for almost 2 years now, and had learnt pretty much about trading as a profession as well as a business. There is definitely more to be learnt but it is also time to step out and put all the skills together and crystallize them into action plan.

Dreams & Goals redefined - With FED INVESTMENTS PTE LTD incorporated on 11-11-11, I will need to used this coming months to build up my equity and at the same time continue to constantly perfect my trading skills. My goals is to stabilize and be able to get constant income of at least $3000 by the end of 2012 Q1.

2012 Q1 target

1. Equity >= $30K

2. Monthly income of $3000

After Q1 target is met, I shall set my next equity target higher and have a higher monthly income. With the grow in my monthly income, I will need to focus into managing my finances, i.e. reducing my debts.

2012 Q2 target

1. Equity >= $50K

2. Monthly income of $5000

3. Reduce personal debts

4. Improve / increase my Saving

Realizing my Dream - With all my goals set and put into action, the next step is to start developing my property portfolio and create another line of income through rental. Such portfolio will take many years to build, nevertheless it's better to start late than never. Here, I will just set a general timeline for myself and be as realistic as possible, kinda act more like a guideline.

1. First private property - either for rental or for my own can be decided when the time come. I'm looking at end of 2013.

2. Second and subsequent property at the end of each year thereafter. My dream is to have at least 5 private property, one for myself and the rest for rental.

HAPPY NEW YEAR 2012!!!

2012-01-01T03:18:00.000+08:00

Happy New Year to all my friends and readers. Time had really passed by like a flash, looking back, it was just like yesterday when I set some goals for myself in 2011. Now 2011 is history and it's time to reflect and set some new goals for 2012.

Nothing much had been accomplished in 2011, but definitely it had been a fruitful year in building my foundation and getting my career as a professional trader a good head start. Towards the last month of 2011, I finally had my first step towards being a professional trader. FED INVESTMENTS PTE LTD was incorporated on 11 November 2011. Thank you very much to those who had showed their support and FAITH in me.

In the year 2012, I am going to focus on my company growth and eventually making it become my main income stream, targeting at least $4000 monthly at the second half of the year. Currently, I still have a monthly paycheck and hence there are tasks that need to be completed. With my monthly paycheck, I hope my company will be able to provide me with an additional $2000 income monthly. If everything goes as planned, then I should soon see myself focusing 100% on trading.

Hence, resolution for year 2012:-

1. Trade daily to acquire confidence and skills competency.

2. Expanding FED INVESTMENTS PTE LTD.

Wish me good luck and HAPPY NEW YEAR to all.

Christmas 2011 - Movie Marathon

2011-12-25T16:35:00.000+08:00

Have the whole day to myself since it's an off day from work, hence decided to have a movie marathon and decided on "We Bought a Zoo", "Petaling Street Warrior" and "Sherlock Holmes" in that sequence. Planned the timing before heading to NEX, my current favorite cinema by Shaw Organisation, it is also mainly because of the location from my home.

Very good show indeed and definitely worth a second watch for me. Just the type of movie I like and it's funny too, the whole cinema was laughing out loudly. Trust me, it's >100% worth the dollars, so catch it ASAP.

I watched this movie mainly because of Mark Lee, kinda supporting his production, but I also not too sure whether this movie is his production haha... Anyway, not really worth the dollars to watch on weekend, pretty crappy and most of the time you also won't understand their joke or 笑点.

Out of the three movies I wanted to watch, I only manage to catch the above two movies, as Sherlock Holmes: A Game of Shadows was full house and I won't wanna waste 2-3 hours waiting just for the next show, and it also occur to me that I can always come back and watch the next day, Christmas Day. And so I went to my handout, O Bar @ Upper Serangoon Road and spend the rest of my Christmas 2011.

相由心生境随心转

2011-12-25T15:24:00.000+08:00

First time I held my iPhone for 1 hour 13 minutes to watch the following video. It is about how the nature and environment react to our internal thinking and conscious. Do watch it when you are free.

FED INVESTMENTS PTE LTD

2011-12-04T18:59:00.000+08:00

Finally incorporated on 11th November 2011 (11-11-11), the trading account had also been created and the first trade was taken on 1st December 2011. Trading report for the day is shown,

As you can see from the trade details, my income for the day was shown in the Gray highlighted column. Wasn't my best trading day, as I was having the mix feeling of trading personally and trading professionally. However, towards the end of the trading session, I manage to pull through with the right mindsets.

Friends interested to invest in FED INVESTMENTS PTE LTD, do drop me an email. I am offering a minimum 8% return and your capital is protected.

Singapore 46th National Day

2011-08-09T23:43:00.000+08:00

Happy 46th Birthday Singapore!!!

The National Day Parade had been great, I watched the whole show on TV at home. And decided to pack and re-arranged my room after the show. Just have the momentum to do that, also dunno why... Kinda xin yue lai chao, haha...

Anyway, been trading for awhile since I last blogged, but seriously speaking I haven't been constantly trading as I had been really busy. However I had start trading again recently and with new principle I set for myself. My target is to grow my account 5% every month.

If I am consistent in doing that, most probably I will have the confident to set up my own investment company and find shareholders for fund to trade and make a profit for them.

So far so good, I am doing well, wish me luck and wait for the good news. ;p

Yet another week had past...

2011-06-11T23:47:00.001+08:00

Time sure past in a flash when you are busy and have alot to do...

After a busy week, I went to watch KungFu Panda 2 and Pirates of the Caribbean on Stranger Tides. The shows doesn't come easy actually... I went to Orchard Cineleisure and it was full as well as sold out for the shows that I wanted to watch, so I had to walk to The Cathay and the next timing show was also sold out. Nevertheless, decided to queue for the next show, which mean I can only catch one show. Finally during my turn, I was told that there are still scattered seat available so I took it up, anyway I'm alone as usual. So, it was KungFu Panda 2 first, followed by Pirates of the Caribbean 4...

Enjoyed both shows and took a cab home after midnight... Had a good sleep and wake up earlier on Sunday to attend Noreen's Wedding at The Capella in Sentosa. Did not manage to catch Grace in advance and had to make my way to Sentosa, by cab because I was still late ;p

Enjoy the wedding lunch with the company of Grace and Edwin, been a while since I met the two of them. The lime light of the day, Noreen, I am very happy for her knowing that she had found that Mr Right in her life. Took a few pictures together and had her solo shot to track how long she will stay that slim... haha... She was slim when I knew her lah actually... just that during the period when we did not really contact she other, her 身材 really 走了样 hehe... and imagine when I met her just few weeks ago, she was still.... and now...

The following week was again hectic and in fact many unpleasant things happened too. I lost my temper, showed attitude and many many unpleasant things... All because of the stress and the hectic at work plus matters at heart. I could had handled all those stress well, but judgement was clouded because of matters at heart, as was told to me by my friend, I will not be naming him here so as not to complicate matters, just in case.

I was glad to have him telling me what he had told me and also the extra sharing of my bazhi... I learned alot about myself as well as what I need to do. Nevertheless, all those sharing still did not stop me from wondering and thinking in the night. However, it put it to myself that that was going to be the last night of insomnia or at least late night. It took me some courage and I wrote an email to the party involved asking for her understanding and forgiveness. I hope for a reply but till now did not receive any, but it's okay as I felt better and things are also better then last week.

Though I still feel the burning pain in me sometime, I tried not to be bothered by it and also learnt to be slightly opened about it. In that week, I also took the bold steps towards being smoke free. Having know that I am not going to succeed by myself, I decided to call QuitLine for help. I am determined and taking progressive to quit my smoking. Target had been set and put in place, execution had been enforced as well, now I just need to stick to plan and carry it out religiously to ensure it success.

Of course, I will also need alot of support from friends and love ones. Most importantly, the best support will be from you. I dun think she will be so free to drop by here but if she does, please let her know that she will give me the best support not only in quitting smoking but in all things...

Gambate!!!

14 May 2011 - What a rare saturday!

2011-05-14T21:54:00.001+08:00

Saturday 14th May 2011, a very rare saturday for me since it was only 3 hours of work and spend sometime with groups of friends / colleagues. Anyway before I continues with my saturday, I shall start with Friday the 13th...

Interestingly, while recalling the events for put into this entry, I realized that first time ever did I felt this way. I am not superstitious, it's just coincidental and most probably I can get to blame it on the day itself - Friday the 13th.

I got home from work on thursday night, reaching home at about 1am, meaning it's already Friday the 13th morning. I realized that I had left my keys in office and had to call to wake up my family to open the door for me. What a way to start this Friday the 13th! As usual, I did not wake up on time the following morning and had to get a cab to work. Best of all, I had my biggest lose of the week, giving back all my profit made the past trading week to the market. Now I have to start from scratch again. :(

So is it really because it's Friday the 13th?

Nevertheless, I had a great saturday having to work only 3 works and get to catch a movie at The Cathay with FDO, YIN and VAN. After tidying the office, we took a train to The Cathay and meet up with YIN before proceeding for our lunch at Popeyes and watched the movie Priest.

The movie wasn't really fantastic, maybe our expectation was too high. After the movie, we went to Plaza Singapura Swensen's for ice cream before parting our way home. I went to Sengkang - Jalan Kayu to meet up with Ronghui, Yingshun, Petrina, Edwin, Desmond and his wife for dinner. Mikaela was the only kid and I took a few photo of her, an usual thing I do whenever I meet up with them. Looking at the photo, you really see how fast they grow up and also realize how fast time has flies pass.

After the dinner and drinks, went home and I ended a great saturday. Having a good ends to this rare day, let me add on another piece of good new. After having working so hard for the past year and seeing the company growing and finally expanding, I am also finally getting offered for a regular employment with basic salary. After having almost a year of hourly rated, but I kinda like this way of rewards, you are being paid for what you worked for and I get to maximize my salary as well, haha... Anyway it's a good offer and I am happy with what I am doing, of course I am also planning of something and hopefully being able to put it into execution soon. Also not forgetting, I am trying hard cutting down on the number of cigarette I am smoking each day and hopefully totally quit by the end of the year. I am not forcing myself as I know cold turkey is not going to work for me anymore, hence will have to do it the right way and slowly get it out of my system.

Trading as a profession / asset class

2011-05-02T00:31:00.000+08:00

What so great about trading FX as a profession / asset class? Apart from being able to earn quite a bit, of course it have to do with my passion. I have a great passion in FX trading ever since I started. Taking up a course with FX1 Academy and thinking that with what they taught in one full days would make me trade and earn money was naive. Nevertheless, the exposure and opportunity that was created had gave me great insight and eventually something I build on for my future. I chance upon the trainee dealer program by Six Capital PTE LTD a year ago and after attending their talk, I see a different light on trading FX professionally.

How many such chances do we have to learn this skill side by side with someone who was a Chief Dealer with big banks before?

Many had the wrong idea of trading FX for a profit, such as letting your profit runs cutting your losses fast, using indicators... Not that all these sayings are wrong, but the fact that traders don't write and writer don't trade does tell me that we cannot believe everything we read from books or net.

Taking small and consistent profit is very much the key to success in FX trading. Pick this skill of SPOT FX trading and use the profit take intraday position and strategy position will help you make hugh amount of money. I had not been focusing on my SPOT trading but currently experiencing strategy position and learning intraday position taking. Following the strategy had help me make good profit and grew my account equity quite a bit.

Having to explain why one should be a professional trader is difficult, maybe I am just not a good writer, have language problem, does not know how to put them into words. But I guess the key motivating factor now seem to be the amount of money I can earn by trading not just my own money but other people money as well. And it is by trading other people money that will help you to make the most money.

First Blog Entry of 2011 - Run 350 & Movie Marathon

2011-05-01T16:58:00.000+08:00

Wow!!! It's almost 5 months since I last posted an entry here... Obviously I had been busy or rather lazy, busy working on my resolution set out to be accomplished in 2011, lazy for having worked so hard everyday and just want to take a break when not working.

Anyway finally I took up my running shoe and went for a run on Sunday morning in support of a Green Project by Singapore, Run 350.

Woke up and took a ride with Yingshun, Ronghui and Youxing to the starting point. Parked at market street and took a walk over to the starting area, marina promenade.

Getting ready for the run...

We had past our flag off time and many were already getting ready for the next category to be flagged off. We continued on to the starting point and race off... The run route was good as I get to pass by places I had not been to yet, MBS and the link bridge linking MBS and Marina Square...

Link Bridge

Singapore Flyer & F1 pit stop building

Marina Bay Sands

All in all, I completed the 10km run in 1 hour 15 mins thereabout. Quite an accomplishment actually, taking into consideration that I haven't been working out for a good few months... After the run, we took a ride to Joo Chiat for our breakfast before returning home.

Taking a breather

Race Bib & Medal

=====================================================

Been a long time since I watched a movie, and once I started, I just can't have enough of it haha... The first movie I watched was the World invasion, Battle LA, good action movie. Last night I went over to The Cathay after work and watched THOR in 3D. The movie was great and having it in 3D is really fantastic. After the movie, it was still early and I decided to watch Arthur. It wasn't as good as expected, yes it was funny but I think the storyline was a bit rushed at the back probably due to time limitation.

More movies coming up... Pirates... Fast & Furious... Kungfu Panda 2... many mores!!!

2010 Reflection & 2011 Resolution

2010-12-20T18:43:00.001+08:00

The end-of-the-year is coming again at a blink of an eyes.

Time to do some reflection and set goals & resolution for the year ahead...

What had I accomplished in the year 2010? NOTHING!!! OMG, seriously speaking, I had not really accomplished anything for the past one year, apart from setting the ground for my "future". Good and bad, depending on which angle you are looking at. I am no longer as young as before and having to build and set my footing again at this age hadn't been an easy task. Nevertheless, I had to stand firm and keep moving ahead so as not to fall too far behind.

With what I am currently involved in and working on, I am quite happy and optimistic. I just hope all is not just a dream. Remembered "DARE TO DREAM", but please be realistic and set goals that are reachable but also scalable. I am seeing the expansion of my company coming true and hopefully I will also get to expand on my capacity and of course get a better pay check every month. And this is going to take quite some time to build and I cannot just sit and wait for it to happen. I was told to keep an open mind for other opportunities, and my reply had always been "okay". And I dunno whether it is right or wrong, good or bad, maybe if I become what I want to be is right & good, but if I do not then it wrong and bad. Wouldn't that be too late then? I have no comments, all I know is I am following my heart and having hope that I had the right judgement and insight. It's a bet no doubt!

What's in for 2011? At the end of the year 2011, I am going to come back to this blog entry and take a note of what I had resolute and whether I had accomplished them. In order of priority,

1. Expand with my current company and continue grow with it.
My company is going through expansion and I am more then ready to grow with it and of course get promoted and have a bigger pay check. Contribute my best effort and of course to benefit myself in term of character building and skill enhancement.

2. Produce better trading result.
Not necessarily need to produce result that are meeting the benchmark set for employee traders, but more for myself. Of course meeting the benchmark constantly and getting employed as a contracted trader would be a dream come true, but I rather take it one step at a time. I just want to be profitable every month consistently and constantly. Increase my confident in myself in trading and to be able to trade larger volume, hopefully the profit gain could supplement my income SLIGHTLY. Just how slightly is good enough? Most probably to afford an extremely good meal would be great!

3. Become debt free or at least cut them by half.
With what I am getting every month currently, it sound like a mission impossible to me to accomplish this resolution I set for myself. But with my search for extra income stream apart from my "full time job", I am quite sure I would be able to make it or at least reducing it to half the sum now. If I manage to cut it by half, I would have been extremely delighted and pleased with myself.

Imagine, in simple calculation, which all banks or institutions will used, it would be taking me more than ten years to clear my debt. Hence if I am able to clear it by half, shouldn't I be extremely pleased with myself? Of course, hard work and effort come with it, and if I make it, I am very sure many people is going to ask me of my success methodology. Before I reveal it, I think it's only right and ethical to test it out myself first. Once I get the result and start to reduce my debt month-by-month, week-by-week, day-by-day, then it's time to share my success with all my friends and eventually all that are in need!

Resolution for the new year (2011) hadn't changed much compared to this year (2010). I had spend half the year (2010) searching myself and understanding what I had really wanted deep in me. In fact, what you really wanted had always been inside you, but we always fail to see it clearly until we do some serious soul-searching. Now that I had found it, I told myself not to give up, no matter how hard the path ahead is going to be. Of course there will be challenges that will set you back so as to make you give up, but as long as WE PERSEVERE, SUCCESS WILL BE OURS!!!

Never know that my secondary education motto will come back and haunt me for a GOOD PURPOSE, and I thought I learnt good experience when I was in the RSN, coming out of regular service with DARE TO DREAM!

In summary, it's...

DARE TO DREAM

AND

SUCCESS THROUGH PERSEVERANCE

THAT WE FULFILL AND LIVE OUR DREAMS!!!

Trading Result for December (1-9 Dec 2010)

2010-12-10T02:34:00.005+08:00

It had really been awhile since I update my blog with my trading result, especially so after I joined Six Capital as a Trainee Dealer. Sad to say, I had yet to meet the benchmark to be hired by the company, but as many who know, I am currently employed as their Executive Officer looking after their trading operation and some Administrative task. I enjoyed myself doing all the task I am put in-charge and also at the same time making progress in my trading skill. I never thought I was a slow learner, but when it come to trading, I really have to admit that I am not only a slow learner but an extremely slow learner, haha...

Nevertheless, no matter how slow l am, I still see progression in my trading and that matter MOST! I am improving... From trading DEMO with daily losses to LIVE trading with still daily losses, until now I am seeing more profitable days and they are consecutively.

This show my accumulated result for the month of Dec 2010 from 1st till 9th

And these are my daily result... (the two empty lines are weekends)

Seriously, nothing really fantastic here but it's just an encouragement for myself that I am progressing slowly but moving forward toward being a professional trader.

I had these thoughts before on if I do not make the mark but a long time, what would I do? I had make plans for myself and I will discuss about this in another entry. I am also currently trying what something to supplement as my secondary income. Many will say I am crazy when they find out what it is, and nope, I am not revealing until I made my success...

"Success through Perseverance"

Mey reminded me Bedok Town Secondary School motto, dunno whether I had remembered it correctly haha... but should be correct no doubt, even if it's not, shouldn't be too far off.

Compared to months ago, I am definitely better off now seeing the light at the end of the tunnel and walking and moving towards it. I am very sure one day I will reach the end of the tunnel and be embrace by the warm light over the other end.... ;p

FOUR Levels of Wealth

2010-11-29T02:47:00.001+08:00

There are basically four levels of wealth you must aim to attain.

Level 1: Financial Stability
The first level of wealth is known as financial stability. This is the most basic level of wealth that you must first attain. You have achieved Financial Stability when:

1. You have accumulated enough liquid assets to cover your current expenses for a minimum of six months.
2. In addition, you have life and hospitalization insurance to protect you and/or your family's lifestyle should you be permanently disabled, unable to work or if you pass away suddenly.

When you have attained this first level, you will have the peace of mind that should any unexpected challenges befall you (like retrenchment, business failure, pay cut, death or disability), you and your family's lifestyle will not be compromised. Or worse, you or your family will not slide into debt.Once you have achieved this, you must then aim to achieve...

Level 2: Financial Security
You have achieved Financial Security when you have through the investment of time, money and ideas, accumulated a critical amount of Positive Cash Flow Assets that generate enough passive income to cover your MOST BASIC expenses.

In other words, when you reach this level, you can stop working and maintain a very basic lifestyle. It also means that if you continue working, all your active income can be channeled towards your investments and this will further compound your assets and increase your in-come streams.

Of course, we shouldn't be satisfied at being at this level. Once accomplished, you must then aim to go for...

Level 3: Financial Freedom
Many of us have heard of the dream of achieving financial freedom but what does it really mean?

Well, Financial Freedom is when you have through the investment of time, money and ideas, accumulated a critical amount of Positive Cash Flow Assets that generate enough passive income to sustain your CURRENT LIFESTYLE.

When you reach this level of Financial Freedom, you can choose to stop working and still maintain your current standard of living...indefinitely! Finally, you must aim to achieve...

Level 4: Financial Abundance
So what is the ultimate level of wealth you can achieve?

Financial Abundance is when you have through the investment of time, money and ideas, accumulated a critical amount of Positive Cash Flow Assets that generate enough passive income to sustain your DESIRED LIFESTYLE. Your desired lifestyle is the amount of monthly expenses it will take for you to live the life of your dreams. This is totally subjective depending on the lifestyle that you desire.

If your desired lifestyle is to live in a 20,000 square-feet bungalow with a swimming pool, send your kids to the best schools and drive a Mercedes Benz S-Class, then you could be looking at a monthly lifestyle that'll cost a cool $50,000.

Of course the more luxurious your desired lifestyle, the longer it will take for you to achieve financial abundance. The moment you reach the level of Financial Abundance, you will be able to choose to stop working and live your dream lifestyle indefinitely.

Again, most people who do reach this level usually love what they do so much that they keep on working for fun, channeling 100% of their active income towards charitable causes and further compounding their wealth.

With the right strategies and plans in place, you too will be able to achieve this ultimate level of wealth.

Improving your Trading Game

2010-11-11T16:37:00.000+08:00

Someone left a comment for me asking where I had been and been so quiet for such a long time. Oh well I had been trading and training hard trying to attain my goals. It had been a journey filled with challenges. Nevertheless, came across this articles in TFJ recently and find it may be useful for those out there reading my blog.

Issues to consider when improving your game.

1. The effect on important others in your life
2. Your resources
3. Trade-offs
4. Where to make those changes

Potential areas in which you can improve your game.

1. Knowledge of the markets and learning technical skills
2. Psychological skills
3. Adding or deleting strategies
4. Adding or deleting market
5. Changing your level of risk
6. Changing trading time commitment

I am in fact developing myself in the (1) and (2) area. It's difficult and full of challenges, but I am pressing on and trying harder everyday to better myself for a brighter future in time to come. ;p

快乐少林 Samsara - The Shaolin Legacy

2010-06-23T13:09:00.000+08:00

Received a SMS from Ruilong on 18 Jun 10 whether I am available on Saturday 19 Jun to watch Samsara - The Shaolin Legacy at The Max Pavilion @ Singapore Expo. He won the free tickets at his workplace when MediaCrop VizPro International when to promote the event. So we arranged to meet for lunch before proceeding to watch the show.

The Tickets

Some of the items on display for sales

Requesting for donation

The stage

The performers - General Heng and General Ha

Overall I felt the show was not really worth the price of the tickets, luckily ours was free ;p

I find the entire show rather dry and in fact seem to be rushing through the story due to the limited time they have. The only creative thing was that the two Generals will come down from stage and interact with the audience during break time.

After the show, Ruilong and me went to SAFYC Changi to look at the Carnival by the Straits. The moment we reached, it started to rain, so I did not take any pictures with my iphone. Had some food from the stalls there and I took the chance to catch up with the staff there, managed to spoke to Gary, Sharon, Sunny, Rose, Alice and Mr Sim. Also managed to catch up with some of the members who were there, such as JJ, James and Victor. We took the transport out and had our dinner at Tampines before heading home.

Three Trading Principles

2010-06-23T12:30:00.000+08:00

Three Trading Principles to aid in your success as a Trader.

Read this articles in June issue of TFJ and the 3 principles that can aid in anticipating and avoiding mistakes are:-

1. Probability
Traders must train themselves to think in terms of probability for three very important reasons:-
a. No one knows 100% whether a trade will be profitable or not.
b. No one knows how much money will be made or lost on a trade.
c. If a trader does not control the profit outcome and does not know with 100% certainty which trade will work, he should spend 100% of his time concentrating on the only element of trading that he can control - the risk.

2. Self-Discipline
Discipline is a two part process:-
a. Preparation - mental preparation, technical preparation, fundamental preparation, etc.
b. Execution - Risk control and profit protection.

3. Responsibility
Adopt the attitude that he is responsible for his trading. The market, the brokers or computers are not responsible - only the trader.