Trading rules

Rule No. 1. Focus on doing a good trade, not on making the most money.

Rule No. 2. Take action on confirmation signals and not on possibility signals.

Rule No. 3. Long an up-trending counter and short a down-trending counter.

Rule No. 4. In a bull market, buy fast and sell slow. In a bear market, buy slow and sell fast.

Rule No. 5. Take action near market closing, unless signals are strong with high volume support.

Rule No. 6. Select strong trending counters and avoid counters with inconsistent chart pattern formation.

Rule No. 7. Enter near the 20 Days Moving Averages, the nearer the better.

Rule No. 8. Have the stop-loss below both support and 20 Days Moving Averages.

Rule No. 9. Exit on triggered of stop-loss or confirmation of reversal signals.

Rule No. 10. Never risk more than you are willing to lose.

Rule No. 11. Enter before breakout, exit after breakout.

Rule No. 12. Action must align with market sentiment.

Attended 2-day Nacli program - partner in harmony (part 2)

For past 2 days, we visited a few places which I never visited before: Sikh temple at Gurdwara Sahib Silat Road (http://www.sikhs.org.sg/), Chinatown heritage center (http://www.chinatownheritagecentre.sg/), thian hock keng temple (http://www.thianhockkeng.com.sg/home.html), Peranakan museum (http://www.peranakanmuseum.sg/home/home.asp), and Fuk Tak Chi museum (http://www.fareastsquare.com.sg/home/index.aspx?key=fuktakchimuseum). It really interesting trip and enrich personal knowledge about these religions and past history, I believe if it wasn’t organsied by Nacli, maybe I have no chances to visit these places.

 

By the way, in partner in harmony (part 1), I remembered that we visited a few places: Muslin temple at Clementi, St Andrew's Cathedral Church at Cityhall, Hindu temple and The Buddhist College of Singapore.

 

Booked air ticket from Zuji.com

A few days ago, I booked a return air ticket to Shanghai via China Eastern at S$523 from Zuji.com, this is the second cheapest I could find and it is direct flight. The cheapest one is S$511 and required a transfer at Philippines for half a day; I just felt it not worthy. Today another colleague introduced me another website airfares.com.sg, and from there, I can get the almost same air ticket at S$640 via Singapore Airline, maybe I will try that for my next trip.

 

Weight management

Target: 65 kg in 2 years.

Jan 2011:   77 kg
Mar 2011:   76 kg