I am not a fan of fiction books but I love stories. One of the easiest ways of going through a story is to watch the movie adapted from a popular fiction book, and Life of Pi is one of them.
The story is about a young Indian boy who called himself “Pi” after his real [...]
Some years ago a friend of mine, let’s call him R, purchased a condominium unit in the east. It was a two bedroom unit located on the 9th floor, right next to the mrt station and a short commute from where he and his girlfriend would both work. He had seen a number of units [...]
I have always enjoyed my supper sessions with old friends. We have seen each other through the heady teenage years and nothing beats washing down stroke-inducing pratas with a milo-dinosaur at our neighbourhood joint.
We would speak with candour and wit. The conversation would be as fickle as a thirsty mosquito in a roomful of human [...]
Nobody likes to talk about their mistakes. Neither do I. But I would like to use my recent mistake as a lesson for everyone.
Before Chinese New Year 2011, my colleague shared with me two stocks that he think is worth investing. I took a look at the chart and found something striking – there was [...]
I have learnt two methods to trade and invest in the stock market. After using both methods for some time, I recognised the period each method would perform well.
Let’s begin with investing. I have learnt the method from Dennis, and he taught me how to buy good stocks cheap. I can buy something with potential [...]
I have been doing “Lessons Learnt as a Trader” series, but now since I have been investing, I should start a series for investing lessons so as to document and consolidate my learning journey.
Buy low and sell high
To make money, one has to buy low and sell high. This is a simple principle that people [...]
I have slowed down my trading pace recently. Taking a step back and review my trading behaviour and psychology. It was apt to pick up Conrad Alvin Lim’s “Secret Psychology of Millionaire Traders” from the library to aid in the analysis of myself.
Find Reasons NOT to trade
I confessed I am a compulsive trader. I am [...]
Learning is a continual process, not only because knowledge is limitless, but the environment always changes. I think it is important to capture and consolidate what I have learnt as a trader. So I will be starting a series of “Lessons Learnt as a Trader (so far)” to do just that.
Focus on potential loss, not potential [...]
It’s only been almost 2 years since I began trading and I must say I am still learning how to trade. I have summarized the lessons learnt so far in my trading journey:
Be patient and wait for the best opportunity to place a trade
Trading is really a patient game. It is not as quick as I imagined in the first [...]