[Trading Portfolio] 2025 Week 07
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…
Fractional Reserve Banking System
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…
[Trading Portfolio] 2025 Week 06
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…
Of Education And Examinations
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…
[Trading Portfolio] 2025 Week 05
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…
[Trading Portfolio] 2025 Week 04
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…
Crypto Funding Fees
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…
[Trading Portfolio] 2025 Week 03
340.95 USD profits this week after a 60.30 USD loss caused by my own careless mistake in terms of lot size for my GBP/USD trade. Exceedingly frustrating, as it caused a further blemish to my records yet I did not…
The Cost Of Education
Education – something important to all children and something taken to the extremes in Asian families. Not only do many parents expect their children to score with flying colours, they expect their children to enter a good university, graduate with…
[Trading Portfolio] 2025 Week 02
This week is yet another boring week for cryptocurrency, which is like half dead and unable to break through to new highs. DOT remained stagnant at a very low price level despite BTC setting a new all-time high some time…
[Trading Portfolio] 2025 Week 01
Long term stock investment wise, I had sold off all 400 shares of Sheng Siong (OV8), a Singaporean supermarket chain and used the money to buy 1000 more shares of Three Gorges Renewables (600905), which has fallen in price again.…
Say No To Gambling
Recently I watched quite a bit of gambling Youtube videos, where Youtubers would publish videos of them gambling on various physical casinos or online gambling sites. The videos would usually show them winning big or earning easy profits. Sure there…