www.ChartingAcademy.com

2011 has just passed and I am sitting down here reflecting on what had happened for the last 1 year. 2011 had several memorable events that had happened to me and I would like to share it out with everyone here.

I started the year with motivation knowing that 2011 will be life changing year for me. In April I decided to quit from a freelance trainer in ChartNexus after been with them for more than 2 years. I felt that I could reach a bigger audience by doing it from YouTube and sharing it out with everyone for free, but I guess that is not the company policy. Therefore given that choice, I rather strike it out on my own. Why the drastic decision? That was because in June, I celebrated my 40th birthday. To me, 40th is like a younger generation 21st birthday. If I don’t make a change this year, I guess my destiny will be fixed for the rest of my life. I rather chase after the unknown rather than having a routine. Doing it for me for free in YouTube is much better than doing it for free for someone else.

But it is easier said than done. I build my first website http://www.sgxstocks.com without much website building knowledge and as you can see, it is really bad. I got very frustrated because there are so many things I want to do but I just do not have the skills. After enough frustration, I enrolled in an internet marketing course under Teddy Wu and it is there I learned that there are lots of widgets, and it is just not necessary to learn html programming to get things done. Thanks Teddy for opening my eyes to internet marketing. And from there, this website ChartingAcademy.com was born. Main reason why I created this website is for traders. I realized that there are a lot of information out in the internet but it is very frustrating for traders to figure out what it means, how to apply it in the real world, especially for those trading Singapore stocks. Initially I came out with YouTube because it is a lot easier for me to explain and for traders to understand what technical analysis means and how it applies to stocks, not only in Singapore, but also to forex, futures all over the world. And from there, weekly Thursday morning webinar was born so that there will be interaction from fellow traders and the rest is history.

I would like to thank you for supporting me for 2011, and I hope you will continue to support me and share my website with your trading partners. Moving forward in 2012, I have lots of plans and all of it is for you as a token of appreciation from me to you. I started the email alert is also for you as a way to get information out to you as soon as I spotted it. But do take note that I do not want to abuse this “alert” by sending it out everyday or every week. Only when I feel a need, I will send it out because if I send an alert out to you everyday, you will get numb. But do remember to read the rules of trade before you make your decision. And please, please do not show hand just because I mention a trade worth taking because I will cut loss if it hit my cut loss. I am not perfect which means not all my trade are profitable. All I want to make sure is that the profitable trade is a lot more than the losing trade.

Project 7 is already in plan and it is also for you. And it will be a surprise, ke ke ke.

As you can see, I am so looking forward to 2012 because there will be wonderful trades coming very soon and let us all huat together. I am an open book and will always constantly update my profile so that you will know what I have in mind.

Therefore, HAPPY NEW YEAR and wish everyone a very huat huat year and make 2012 a year to remember!!!

STI today did a major movement. It was down a whopping -2.8 points… That’s what happen when Dow Jones, FTSE, HSI, major markets around the world are closed. Straits Times Index does not dare to lead until big brother opens for business. Anyway, it is just a continuation of previous upmove and been looking at charts just now, there is nothing to see except to highlight that Hyflux moved after it was mentioned in the YouTube. If you have not watch it, now would be a good time to watch it. Although there will not be much movement in the last week of the year, I am getting excited as I know, January and in fact, 2012 will be a good traders year. I am so looking forward to 2012 after this “calm before the storm” week.

Do remember to sign up for the email alert if you have not. I have decided that if an alert went out, I will not resend it to those that sign up after the alert is out as it would not be fair to those that sign up earlier. They will get the next alert onwards. Like I said, membership has its privileges. Nothing much to alert now as there is nothing much!!! Why bother to alert when there is no alert, right? It is all getting ready for 2012.

Therefore, do remember to let your friends know about ChartingAcademy and I will be extremely grateful.

Thanks.

Note: I previously posted this on Facebook on May 12, 2011. I decided to put it in this website so that it can be referenced in the future. For those that do not know me before, I love to do presentation especially in front of a crowd. The bigger the crowd, the more “drunk” I get. This was written 1 1/2 month after I was given the choice to present in front of a crowd or do it for free in front of a webcam.

Today, Singapore banks volume surged as Bloomberg came out with such a wonderful report. Ever wonder why? What is buy on rumor, sell on news? If you are a retail investor, wouldn’t you read this news and rush out to buy bank stocks today? You will congratulate yourself on a good investment done. But if I am a syndicate player, wouldn’t I know that today, there will be a lot of people buying banks and it is the perfect time for me to offload my banks which I have been holding and find ready buyers everywhere? And if banks do go down the next few days, the retail investor will hold on as it is the best banks in the world. And this is how a long term investors are being born. If one knew chart reading, there is so much information that you can find out from charts.

Ever wonder why 90% of people lose money in trading? That’s because they only want tips. Even though they mention that they want to learn, and will learn everything that is being taught diligently, deep down, they still want tips. That’s why there is always old blood being washed away and new blood flowing in. Welcome to the world of trading. It is a dog eat dog world in here. Not everyone wants to face the truth because in order to be successful, it is not what stocks to buy. In order to be successful, one has to face oneself and face the reality.

I can only help but the ultimate responsibility is only oneself. Like they say, “You can only lead a horse to the pool. You cannot force the horse to drink.”. For those who knows me and have been reading my posting previously in the other forum, you will know once in a while, I will be a little bit long winded, but sometimes, best lessons are from the heart. Some asked why am I doing this in Facebook? So, let me share with you my reasons. Chart reading, if you do not practice it all the time, it is a skill that can and will get rusty. And after doing previews for the other company for almost 2 years, I get to see many crowds and it is always very painful to see them losing money unnecessarily. If I can help at least 1 to trade right, I considered that as my reward. That’s why I came out with the weekly video, so that first, it keeps me sharp by looking at the charts, and most importantly, second, it allows the public to feel what the market is doing instead of looking at a “dead” chart and have to wonder what it means. Will I make money out from the video? Honestly, no idea. My objective is not making money but if someone is willing to sponsor me, it is something that I may consider. I have been given a choice to choose the video or the company, I choose the video. Call me dumb or naive, but I feel a greater calling out there. Either that or it is my mid-life crisis calling. My wife says that this is the year whereby either I become blue chip or penny counter. People go for motorbikes or leather jacket, but I choose to become a weekly 10 minutes of fame.

Therefore, my mentor Tony Robbins always say, live with passion!