Friday, October 31, 2008
FOB's Fleet People's Day 31 Oct 08
FOREX trading 30 Oct 08
FOREX trading 29 Oct
Wednesday, October 29, 2008
FOREX trading 27 Oct 08
Monday, October 27, 2008
FATS and my FOREX trading strategy
New strategy : I decided that I should have a daily target and having decided to take it slowly, a weekly profit of 25% would be sufficient. Also taking into consideration of not risking more than 5% of my capital for every trade,
BTSS visit and breakfast with MW
Even the main entrance had shifted to face the road now. As it was a holiday, we were not able to go in, only stare at the main building from outside.
Shy away from my camera haha...
After the BTSS visit, we went over to Bedok Interchange for our breakfast before going out separate ways. MW and her friend will be going back to KL this evening at 4pm. Bon Voyage...
MW Meetup and RH Send off - 26 Oct 08
Went there via Mass Rapid Transit (MRT). In such times of bad economics, I should save more on transportation and reduce frequency of taking taxi. ;p Actually is I loves taking bus and MRT more than taking taxi, also I have alot of times on hand. It was my first time taking MRT to the airport. I was greeted by long elevators when I exited the station...
YX and YY arrived after I am done with my dinner and YS and PO came with baby MO. RH was the last to join us as he had to check-in over at Terminal 3 first. All had arrived, but MW was not where in sight. Well, she had earlier informed me that she can't join us as she have a family dinner to attend. A meetup arranged for her and yet she cannot make it, haiz...
YX and YY decided not to order their dinner since MW won't it joining us at Swensen's. They decided to go over to 511, our usual supper place for their dinner / supper. SS and his wife-to-be decided not to join us as they were tired after shopping in Chinatown the whole day before meeting us to prepare for their wedding in Jan 09. The rest of us less RH left for 511. Once there, I took a few photos of baby MO before she left.
Just a few of her photos, the rest are uploaded in my FB account. ;p
Saturday, October 25, 2008
What a Friday!
When the game start, I thought my lucky haven't returned. Into the second round, I tried and won on thirteen wonders! OMG!!! One hand like that is SGD624... Phew!!! Thereafter, my cards was much better but was not able to finish on time, as in the other players was faster. We finished the game at around 3plus in the morning, I took a ride with AW to thomson before catching a cab home.
Gotta prepare for duty tomorrow evening...
FOREX trading 24 Oct 08
Friday, October 24, 2008
T.G.I.F. (Thank God I've Forex!!!)
1. MAKE MONEY IN A BULL (RISING) OR BEAR (FALLING) MARKET - Traders have the flexibility to engage the market and make massive profits regardless of whether the currencies are strengthening or weakening.
2. SIZE - FOREX is the LARGEST financial market in the world, trading at a staggering 3 trillion US dollars in a single day.
3. 24 HOUR MARKET - FOREX trades 24 hours a day, 5 days a week. This makes it possible to set your own trading hours. If you trade part time and want to place your trade at 3am, log into your account and trade. If you are a full time trader, the same applies. No other market lets you pick the hours you trade.
4. SMALL TRANSACTION COSTS - There are no commissions charged on FOREX, only a small transaction fee. This is not possible in any other market, as brokers charge a commission on each trade in all other markets.
5. FREE DEMO ACCOUNTS, NEWS, CHARTS AND ANALYSIS - Most Online FOREX firms offer free ‘Demo’ accounts to practice trading, along with breaking Forex news and charting services. These are very valuable resources for traders who would like to hone their trading skills with ‘virtual’ money before opening a live trading account.
6. SUPERIOR LIQUIDITY - With 3 trillion dollars changing hands every day, the FOREX market is extremely liquid. Whether it’s 6pm or 6am , somewhere in the world there are always buyers and sellers actively trading foreign currencies. With the click of a mouse you can instantaneously buy or sell. You are never ‘stuck’ in a trade. All trades are settled in cash.
7. HIGH LEVERAGE - FOREX investors are able to trade foreign currencies on a highly leveraged basis – up to 400 times their investment. For example, an investment of $300 would allow a trader to control up to $120,000 of any particular currency. Leverage gives the trader the potential to rapidly increase the size of his account and at the same time keep risk capital to a minimum.
8. LOW ACCOUNT MINIMUMS - Individuals can open a live trading account with as little as $300. Budding traders can choose to start small and grow the size of their account as they learn.
9. ONLINE ACCESS - All you need is an internet connection via a computer or a mobile phone, and you are instantly plugged into the FOREX market.
10. LIMITED GOVERNMENT REGULATION - There is limited government weight in the FOREX market because there is no central location or exchange.
Hence, don't you think that FOREX trading is your only answer to your search for Financial Freedom? Interested to learn more about FOREX trading? Leave me a message with your email address in my cbox. I will get back to you and link you up with my professional FOREX trading mentor!!!
FOREX trading 23 Oct 08
After this few months of trading, I think its about time I come out with a strategy that will help in growing my account back to positive zone. I used to have a strategy when I was trading DEMO, but it always goes off track because of the urge to get myself proficient with the method. Now that I'm playing with real money (hard earned cash!), I guess I better be more careful and manage them properly and carefully. As you can see, I had already deposit for the third time already. I ought to save more to prepare for MHDS trading. The FOREX Automated Trading System (FATS) I had mentioned in my earlier entry. November is coming and I should be starting on the FATS DEMO by the end of next week.