[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…
Pencil Leads
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…
[Trading Portfolio] 2024 Week 31
GBP/USD has been falling over the past few days, to the point I almost was able to close the GBP/USD grid. Unfortunately at the last minute, things did a u-turn and the GBP went up against the dollar again. The…
[Trading Portfolio] 2024 Week 30
The profits for this week is 66.60 USD. It could have been another 50 USD but things do not always go according to plan. XAU nearly hit my take profit point but u-turned at the last minute and rose all…
China’s National Team Gives Up
In the Chinese stock market, there is such an existence called the National Team (國家隊). The National Team has interfered in the financial markets at times when necessary to support a certain stance and of course to give confidence to…
[Trading Portfolio] 2024 Week 29
This week seems like a normal week finally. Over the past 5 weeks, the first 4 was stagnant. The 5th week when I made some adjustments to my strategy, everything bulldozed in the reverse direction. This week a correction took…
[Trading Portfolio] 2024 Week 28
Terrible days this week. Yes we know there are winning streaks and losing streaks, and I have heard of successful traders going dry or at a loss for half a year and more. But this is also quite hard to…
[Trading Portfolio] 2024 Week 27
One straight month with no profits, but this week I have made certain changes to my strategy after monitoring and cooling off for 1 month. GBP/USD I have opened a grid to short the pair starting from 1.27. It is…