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This website created for sharing my personal journey in Singapore, no specifici purpose. You may contact me via wechat: yuehai021.

Showing posts with label Investment and Education. Show all posts
Showing posts with label Investment and Education. Show all posts

Monday, March 19, 2012

Jim Rogers' Keys to Success ( "A Gift To My Children")

1. Do not let others do your thinking for you
2. Focus on what you like
3. Good habits for life & investing
4. Common sense? not so common
5. Attention to details is what separates success from failure
6. Let the world be a part of your perspective
7. Learn philosophy & learn to think
8. Learn history
9. Learn languages (make sure Mandarin is one of them)
10. Understand your weaknesses & acknowledge your mistakes
11. Recognize change & embrace it
12. Look to the future
13. “Lady Luck smiles on those who continue their efforts”
14. Remember that nothing is really new
15. Know when not to do anything
16. Pay attention to what everybody else neglects
17. If anybody laughs at your idea view it as a sign of potential success

Friday, November 25, 2011

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.

Sunday, April 4, 2010

Investment wisdom

Rich people constantly learn and grow.


Poor people think they already know.

At the beginning of my seminars, I introduce people to the three most dangerous words in the English language: "I know that."

So how do you know if you know something? Simple. If you live it, you know it. Otherwise, you heard about it, you read about it, or you talk about it, but you don't know it. Put bluntly, if you're not really rich and really happy, there's a good chance you still have some things to learn about money, success and life.

When I was broke I was fortunate to get some advice from a multi-millionaire friend of my father's. He said to me: "Harv, if you're not as successful as you'd like to be, there's something you don't know." Fortunately, I took his suggestion to heart and went from being a "know-it-all" to a "learn-it-all". From that moment on, everything changed!

- T. Harv Eker



Rich people manage risks.

Poor people avoid risks.


One common saying when it comes to investments is “The higher the risk, the higher the return”. This is also true in terms of acquiring wealth. Nothing is guaranteed in this world except change. But most of the common people seek for a certain thing that is guaranteed. That’s why they end up being an employee for the rest of their lives, because they are guaranteed to be paid with their time of duty in exchange with their freedom.

People with rich mindset know how to handle risk. They take every opportunity that they encounter regardless of the cost and odds as long as they see a possibility of a great success. They work it out & do some action! When they lose in the business, they lose money, but they earn financial wisdom. They gain experience in which they can use as a big tool the next time they try again.

- T. Harv Eker

Monday, February 16, 2009

Notes from trading seminars from SGX

3M: Method, Mind & Money management;

All about greed & fear; Obama vowed to crack down on 'greed culture';

3 participants: Institute players (industry knowledge & size), floor traders (speed & control, using technical analysis) & retail speculators (most of them don't how to sell and don't follow the trend);

Priority: long term survival; steady growth of capital; making high profits;

Successful behaviour for remisiers: competent, sound integrity, sound mind, resilient & effective communicator;

What does a remisiers provide: literacy, confidence, feel & collective experience;

Key fundamentals to be becoming a successful trader: understand risk, cash flow and plan long term survival; develop a discipline for stead capital growth; develop a trading system or methodology;

DEEP (Direction; Entry; Exit; Position sizing)

Sunday, November 2, 2008

源自巴菲特的名言

人生如滚雪球,重要的是找到很湿的雪和很长的山坡。