Wednesday, November 25, 2009

Up-date - Wednesday

Wah....it was a while since I last up-dated here and lots of things have changed. Work is still tough....cannot enough headcount but work must still be done. So....it is tough for everyone, but for myself the added stress is the expectation is not reduced and due to the ramp-up....it is like in HELL. Pressed the workers too hard...they just go on mc which is still easily available from the clinics. So...just gotto managed the workers and boss's expectation carefully.

I went thru the 8-weeks Forex course which just ended on last Monday....but since I signed up for the extended 6mths course, I still have to go every Tuesday's afternoon for the next 4 mths.

For the T3B - Wealth Management course, I went for the 2.5days course ( Sat, Sun and Mon ) and really enjoyed it. This really gave me my confidence back for stock trading
and this time....I'm really confident to make money. If not...then, even I mati I won't be missed. REALLY!!!! becoz the method must be strictly followed....no need to be too smart esp for when to buy and sell. Just a simple rule....buy at break peak, and sell at break trough. No break...no buy or sell. SIMPLE right???

My opinion for the courses....Forex - this is something totally alien to me but since I go with an open mind, I have no regret to spend the money for it anyway it is just 2mth's old....gotto go for another 4 mths to really judge whether or not it is right for me. The fee was 3.3K then money needed to fund the account with Onada for trading. That's another few more thousands.

As for the T3B one....even just after the 2.5 days thingy, my confidence for the whole method thingy is really sky-high even that I have not open the CFD - DMA to actively trade. I have done the back testing....and side testing and at the end of it, still considered this one really worthed my while and expense. Not cheap......
just be the course it is already 3.1K plus another 600+ for the trader screener's software. Then....for the CFD-DMA account, gotto pay for the Reuters' data feed and since I opened 2 trade areas ( SGX and Hang Seng ) that would be another 100+ every mth which can be off-set if I have a minimum of 4 trades per mth. Then the funding for the account.

In total for the 2 courses and funding plus other expenses....already set me back by 25K. Well...most ( 70% ) of it went to the funding part and this is still part of my inital layout for trading. Will have to add....as I trade more that is if things went well and smooth for me. I will also be a full-time trader....meaning I hope this will provide me with a steady income every month which is about the same as what I am getting now. I want to quit my other part-time jobs...insurance and house agent. So much attention and time for so little income and yet....kena lots of stress and pressure from clients and bosses.

Hopefully too....if everything goes as plan, I maybe go for a simple job with a small pay just to take off some of my free time. Man with lots of free time....will be tempted to do other foolish things hahaha.

2 comments:

wINtoTo N aLSo 4D...yEAh! said...

crazy....time calls for crazy thots!

wINtoTo N aLSo 4D...yEAh! said...

yes....even flood at Bt Timah area esp near the big canal.

I was sleeping on the day the rain came.

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tO hAVe FuN wiTH mY liFe aND aLsO wAnT mY loVED oNeS tO hAVE tHE SaME tOO. :) bUt iN rEAL LiFe tHaT sHouLd bE sOOn.