Wednesday, October 28, 2009

hmm..

2 place to decide to be at 12 midnite
one of peace & breeze. one of noise & chaos
hmm or maybe i shud just stay at home..

ahhhh where should i be. LOL

Friday, October 23, 2009

Loss

i had this nice idea/intention which i wanted to do so for upcoming bday celebration
but i guess no luck to do so.. not this time. sigh :( :( :(

anyway, i just EPS-ed $1000 into the CDP account.
(recalled that i mentioned i was prepared to lose as much as this amount for one trade)
i didnt though. but its kinda stupid to think the way i think now

Can i still feel happy when i lose money? i think i can afford to do so very soon
lets say, 500 bucks in just one shot, gone with the wind like that?
i recalled just joking about it ytd nite, that 2 x 500 can buy one LV bag?
well i think its coming true. hahahahaa

i've won a bit b4, enuf to cover at least my all sch loan repayments for half a year now
now its time to lose a lot more. to learn?
sumhow i hope i got over the psychological barrier of handling "big" money losses
well its not really big after all, but still big
LOL "not big but big amount", another of my funny thinkings

for the soccer stuff last year, there was once i couldn't sleep well for 2-3 days
and the amount involved was even less. i think only 300+ for a few teams then
now its hundreds for just 1 company LOL. i guess my fear is reducing! =)
there was one time i lost 100+ in buying 1goal/2goals for 8 champions league games
NONE scored 1- 2 goals. i remembered that clrly.
eventually, I ditched that for the "draw system" which is way better. =)

for now, im pleased to know i have just lost about $300-400(admin charge) for Cosco
really pleased. cause i had the chance (i always had) to make a small profit of $200-300
but i do not know if it was greed or pure optimism or confidence in the chart reading i learnt
then some corrections had to take place, and i didn capitalise on my win
and by then the price corrected and fell. LOL

COSCO corporation. Fark you. u had to realise the wrong news at the wrong time hor..
i will do WHATEVER it takes to be a master at momentum trade on stocks like you
__


this has to change, i've no doubt about my ability to pick potential stocks by now
almost 80% of the stocks i shortlisted (but didnt buy =/ ) have gone up much in value
eg. China Eratat has risen almost 100%!!! it was 0.125 and now its 0.26++!!
or China Sky was once 0.150, now its 2.30++ !!!
the only question is using which method, and timing of exit (after $x of profit etc)

i guess even if have to lose 2k, 3k (as long as i still have enough left to pay my sch fees)
it should be fine. i will handle much much much more money in future
therefore, i think these small amount lost are like real-life fees
real-life fees for developing my own risk management mantra/model

for now i'll treat it as "instead of saving 700 per month"
its as though im saving 500 per month.
OR

i just spent 500 paying for a stocks lesson
(while others spend hundreds on "assets")


thats a more positive way to think ;)

Friday, October 16, 2009

momentum trading

my first big investment move.
lets see hw risky is risky.....

momentum trading on the go.
trend checked and money input-ed
either i win or lose.
im prepared to lose, let say 1000 for this one trade i will
now lets see if i will really lose... haha
no im not mad, im treat this as a learning opportunity =)

learning to handle money, with a certain risk management style
nono, should be, developing my own risk management style
to ensure i lose minimal and gain more than i lose.

Target setting-> minimum standard i now set:
earn enough extra to cover my mthly sch loan repayment of $190

(i have already done that for the past 5 mths)
this will be chicken feat soon...
it beats, for eg, having to teach tuition for 4 sessions a month for 1 student!

Its a Rat Race

sometimes it feels tiring, to drag my body to sch
im glad the weeks over. no thanks to the boring lecturers

todays PBF lecture was monotonous as usual
thought the lecturer did hit some points
it just kinda baffles me. this lec, can say syllabus-wise she's quite knowledgeable
but why is she the way she is now? still a lecturer?

a lot of concepts and theories, but hw issit so that...
all yrs of teaching/knowledge gained din allow her to break free frm the rest
the kind of rat race that everyone is in.......that robert kiyosaki talked about
a world of people trying to outsmart people

i wonder where i stand now. and where i will stand 3 yrs later
this being e 1st year, its easy to say "oh good that you've started some action"
but sumhow i think this is rather not enough still.
i read quite a few books and online tutorials from investopedia
and actually bought stocks already, the fear of putting big money is certainly gone
but it only meant i had some beginner luck as well as some small net profits

but how to consistently earn from market??
especially for day-day or contra style.
technical analysis, i need to zoom in on it. and make it my strength,
i need to explore CFD fast. and options. explore as in BUY IT MYSELF
it certainly doesnt help that im also putting some money on soccer.
this cash liquidity issue will be a pain....

Monday, October 12, 2009

monday

mondays coming soon -_- working nights! hahaha.
oh well, i hope no monday blues mood tmr
yeah it sux, to have lesson after work on the 1st day of the wk
=/ ROAR!!!!!!!!!!!!!!!

or maybe i shudnt complain. 3 yrs only.
=) i edge 1 day closer to graduation!

Monday, October 5, 2009

All the best, Mark-Num

Its been about 2 weeks since Mark, my lunch kaki left
wonder how is he nowadays. havent heard from him much
i would say i am rather blessed, as my this is only but my 1st full-time job
compared to biao(aka kahseng) i probably have a much better environment
(apart from the known fact that my workplace is So Near!)

perhaps i would like to thank God, if there is, (freethinker)
ok, for those who believe, i'll say "thank God"
for those who dont, i'll simply go "thanks for everything"
the past 1 year certainly has been fun-filled and not boring
haha, maybe thats why my PSP was lost (lunch kakis will know why =x)

anyways, i think Mark has contributed tremendously to the fun
he was a real happy-go-lucky despite his fierce exterior when he stared
being Philipino (no pun intended), like what i heard about one statistics,
its quite true that they are the least worrisome of all in Asean.

in the sense that they are not gan chiong like singaporeans.
they are very relaxed and know how to talk/humor.
he and his "Mark-Num" instead of Magnum,
and his "Au-Goose" is his most well known trademark
this due to his American slang/pronounciation, hahaha
and the way he imitates is also very very funny =x
this stupid moron, i shall remember him! hahaha
anyways, getting late, shall add-on a pic to remember the happy times
Cheers~