14 May 2011 - What a rare saturday!

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

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

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

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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!!!