Friday, October 17, 2014
Tuesday, October 14, 2014
Can you spot the leopard in the picture?
Confirmed it's not a trick.
If you spot it, please don't spoil the fun for others in the comments section.
Just say you found it or can't find it.
You can pretty much throw pattern recognition out as part of your technical setups if you take too long a time to find the leopard.
There are other technical setups like counting waves, Fibonacci sequences, oscillators, and other myriad voodoo techniques.
Some people just aren't wired to see recurring patterns.
Self knowledge means we don't set ourselves out to fail by using tools not meant for us.
Want to learn more about yourself?
Come visit us: Personal Financial Investment Seminar
Sunday, October 12, 2014
Long time no speak Hokkien liao.
I grew up in the 70s when Singapore was a Hokkien and Ang Moh world.
For those investors/traders who started their journeys after 2009, you may only know a higher high and higher low market.
Life is easy. Just buy the freaking dip and average down. Wait long enough you'll be made whole again!
That's why for the newbie, your strength lies in not knowing what cannot be done!
(By being all-in, you most probably have beaten most veterans in % terms.)
I still tak boleh tahan CW's many powerpoints (especially those on targets and goal settings), but this one I like:
STI major data points
You know what they say - if you can't beat them, join them!
So to help those who started after 2009 get some perspective on a macro level, here's my complementary chart to CW's:
This chart is not to aid you in your buy or sell decisions.
It's more a gentle reminder to those with a day job, with housing mortgage, children to feed and educate, 2 sets of parents to take care, etc....
If you are a landowner, and you know one shepherd is busy doing "his own thing" on the side, and another shepherd is working diligently taking care of your flock, who would you retrench in a recession?
Bet you didn't see this coming. Did you?