[Trading Portfolio] 2024 Week 37
Lost 74.61 USD this week, mainly due to the short squeeze on gold on 12 September 2024, Thursday. Gold disgustingly broke the all time high and reached a new record of 2586.05 on Friday. I had to top up another…
Pencil Leads
Sell The News
‘Sell the news’ is a term we often hear in the trading and investment world, where once a particular positive result has been confirmed, people start selling or dumping the asset involved. It may seem very strange to many new…
[Trading Portfolio] 2024 Week 36
Nothing much this week. Disappointed with how things are so far, but can only blame myself for being unskilled in short term trading. Gold is still within that irritating range, with the market most likely waiting for FOMC announcement 2…
[Trading Portfolio] 2024 Week 35
I top up another 500 USD this week just to be safe, as the XAU remained high but my DOT fell to a low. I had enough money to tank, but I wanted a good night’s peaceful sleep. This week’s…
Run Your Life Like A Country
A country is a collective of humans, run by supposedly the top minds from among them. Hence in many ways, the behaviour of countries are often very similar to the behaviour of a human. There are successful countries, and there…
[Trading Portfolio] 2024 Week 34
This week was another bad week, with the DXY plunging even further. The GBP shot past 1.32 and the XAU broke the all time high to 2531. I did not enter new trades because I was unsure whether the new…
[Trading Portfolio] 2024 Week 33
This week was a mixture of happy and ‘horror’ week for me. At the same time, I will start being more transparent and open up even more of my portfolio. Today I will open up my trading portfolio for all…
Run Your Household Like A Company
The company is a for-profit organisation set up to conduct business with an ultimate aim to earn money. Money is priority, and while staff welfare and corporate social responsibility varies across a wide range, ultimately has the end result of…
[Trading Portfolio] 2024 Week 32
Been very busy this week, hence the later than usual update this round. Have exited my GBP short grid with a healthy profit. But I do not think I will be shorting it again any time soon, unless GBP goes…
Do Not Be In A Hurry To Invest
Many young adults make the mistake of being in a hurry to invest. They have read books and gained knowledge elsewhere about the power of compounding. That time is needed to accumulate wealth, and the earlier they start, the better…