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…
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…
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…
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…
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…
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…
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…
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…
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…
I surf the personal finance / FIRE forums frequently, and one question that often pops up is: How do I get started on my investment journey? Usually asked by the very young people, sometimes even before they hit the legal…
This week has been another frustrating week. Gold and silver fell slowly over the first few trading days, to the point that I was hopeful it will trigger the closing of my remaining silver trade and the taking of profit…
This week has been a more exciting week for my long-term investments, but a very frustrating and annoying one for my short-term trading portfolio. On the investment side, the Chinese stock market took a significant hit, and prices of stocks…