No new trades this week as I am still being careful. Gold hit 3000, much to my dismay. Been monitoring Occidental Petroleum (OXY) for some time, of which Warren Buffett’s Berkshire Hathaway is the largest shareholder. While has has preferred…
Nothing much this week as things are very unstable. I just want to close a few existing trades right now to reduce risk, although it may take some time as I am quite in the red for these trades. Let…
Family investment wise, I made a mistake buying Sinopec on the Chinese stock exchange, when I should have bought it on the Hong Kong stock exchange. The H shares are better than A shares. Simply put, for the same amount…
Short term trading wise, things did not go too smoothly this week. Multiple trials keep failing, and I only managed to breakeven for quite a few of them. The good thing is, overall I still end up with 48.61 USD…
COFCO Sugar Holding Co Ltd is a Chinese stock listed on the Shanghai Stock Exchange, with a stock code of 600737. At first glance, this company is nothing noteworthy. It deals primarily in sugar, something common and somewhat necessary in…
Lost 200 USD on a gold trade this week. Decided to give up trading gold for now as I have to admit that I do not understand this metal at all. Multiple wrong trades and assessment has made me doubt…
The fractional reserve banking system is a standard banking system in the modern day economy. However, it is a system designed to reap off the wealth of the masses without them realising it, of which one of the impact is…
A blood bath straight out from Monday as crypto tanked in the early morning. Approximately 1 million traders were wiped out with billions of losses. I managed to survive with a 3000 USD top up, incurring a 109.53 SGD admin…
Education is important, that’s what our parents told us. With good education, we will be able to get a good job, followed by a decent salary, and by consequence a decently good life. How well you study determines how successful…
387.18 USD of profits this week. This week I experimented on a few trades, which did not go well. The good thing was when I experimented, I tried to make it such that if it was a failure, I would…
A very frustrating week. Due to my control errors, I accidentally closed 2 trades which I did not intend to. This sank my profits down to 44.99 USD this week, almost making my whole week’s worth of effort go to…
In the crypto world, there is a concept of funding fees for those who dabble with futures. Futures are contracts to buy or sell a certain asset at a future date. However, in crypto currency, most of the futures are…