Saturday, October 24

Well well, what a world of difference the management doctor made. This Dr. Wong gave me the assurance that not going for jaw surgery is a totally fine decision. He said things like, "Generally the take-up rate for this jaw surgery for guys are low. They can live with the discrepancies unlike women." He also mentioned about the surgery, "SGH would cost about $5,000 while private surgery would be $6,000 to $9,000. You'll stay in hospital for 3 days and MC for 4 weeks. Most patients will experience numbness in their lips and most will only get back half of their lip sensation. But they will become used to it."

So many phrases and thoughts were flashing through my mind this morning.
"God can see all the things that are happening in your life right now."

From yesterday's cgm, "What is your promised land? What is the point of getting to  the promised land if God is not going there with you?" This line struck me hard. Yes, I might eventually get millions from my trading, but what is the point if God is not there with you anymore by then?

"To hear what God is saying to you, you need to know the word of God. That is, the Bible."

Tonight, I'm going to draw up a battle plan for next week's test monsters.

Tuesday, October 20

Today has been my worst day in months. My nose was dripping profusely the whole day, and I even had to get through a 3-hour lab session. Right now my nose feels so sore. But there was a silver lining from God though. I did better than I prayed for in my second maths quiz. It was a killer quiz, as you can guess from the stats I retrieved from my professor.

As you can see the rest of the 2 classes scored mostly around 30s and 45s.

I prayed for at least 60 and got 75! My result literally came out and shocked me. There were 2 questions worth 50 marks each and 20 marks for a bonus question 3. I did not even do the bonus question at all. I was quite sure I nailed the 1st question at the head but I did a very different method and calculations for 2nd question which lead to nowhere when the time was up. I thought I was a goner for question 2. But hey in the end got 45 and 30 marks for that 2 questions ;)

John 15:7 "If you remain in me and my words remain in you, ask whatever you wish and it will be given you."

So friends, what are you believing in God for today?

Saturday, October 17

Just got back from bbq with cell group at joseph's house in serangoon. Taking the public transport there and back is really tedious. But i feel genuinely glad to fellowship with them. And I made friends with two Koreans ! One of them is even studying in NTU as exchange student. Thank God for these developing friendships. Even though I'm such an introvert, so many new people just cross my path ;)

Friday, October 16

Here's a good one from me. "If yawning was a sin, I may have visited hell a thousand times." I just yawn uncontrollably sometimes. And the worst thing is, I actually know yawning is a habit and not a rightful way to show that I am tired. I saw a scientific report which found out that babies under age 2 (i think) do not yawn at all. But after that age, they learn it from the people around them, especially their mums and start yawning. So, it is only(not) human to yawn. But to feel tired, of course it's human.

I've just finished a long day. Studied so much after school today at the biz library. I learned something new today. You can't get a study room at the biz library unless you are a final year student or post graduate!

Yeah this week has been great. Kept my hands off live forex mostly this week. Going big Jo house for bbq. Jo=big=house. Haha. It is equivalent. See y'all !

Sunday, October 11

"Giving up" really dawned on me just now while I was trying to start my physics tutorial. I initially thought I still have next week's tutorial to finish and yay I'll be on good pace with my tutorial already. But I got a shock when I saw that particular tutorial sheet was scribbled. That means my tutor had gone through that, albeit not all the questions. Damned, hate the "currents of the world", I hope I can get a job with an exorbitant pay in future so that I don't need to give a heck about chasing paper qualifications or sucking up to the boss for a promotion.

On the brighter side, I have completed and submitted my lab report last week. That is a major burden gone. And completed my maths tutorial for this upcoming week ;) Time to go make up for lost time.

Saturday, October 10

Aha today I got mood to blog. Actually no. I'm starting to feel an onset of sore eye. I hope it did not come from Melissa, whom had an eye infection and I grabbed her hand during service just now. No please no.

Okay I just want to talk about my forex trading first. You already knew from before that I lost more than half of my capital due to my greed and "God knows what came onto me". And it happened again this week. I traded upon an important news announcement (called the US unemployment rate). I lost USD49 on that. You may think it's small money. Right. But when I have only USD220 left in my account. That is a suicidal trade. I told myself I would not risk more than 2-3% of my capital on any single trade. But as you can see, I was gunning for a desperate attempt to pull my balance up back to where I would feel comfortable enough to sleep well for the night. But ummm long story short, I told a very short term trade on friday with a super-sized lot(that could be suicidal again if it lost). Luckily, it was a winning trade and it hit my target profit and I netted USD 33.60. Another trade gave up USD 13.75.

I guessed, after all these stupid trades, I will gain some precious and not to mention expensive lessons as a live beginner trader.

Okay, now is time for some deep thoughts I have about trading the markets. I read from somewhere in the past (yeah I really did borrow more than 50 financial books from the library) that the markets are called a zero-sum game. Because whenever a investor or trader loses, someone else in the other side of the world or whom takes an opposite sided trade wins. For forex markets, the biggest players are banks. I supposed they are tasked by the government to monitor the local currency and keep it within a range that is good for the economy. I can't say banks always lose, but it is obvious to say that they hold the largest trades and could potentially lose big. Sure, banks definitely got the state-of-the-art technology to sniff out the word out there, but there's no guarantee in trading. Especially when you are forced to handle huge trading sizes. It is difficult to get in and out of the market. 

So I kept asking myself, so all in all trading the market is like a tug of war game between the sellers and buyers. One need to have a proven strategy and periodically change the trading idea to win most of the time. Then it raises another question. If more and more people gradually win more than they lose(assume that increasingly number of people attend trading courses), then who are the ones who genuinely lose? My answer is those newbie traders who think they know what they are doing, but ego eats them and their profits...

I have an advice to those who intend to buy those unit trusts, or mutual funds as they call it in the US. Nobody cares more about your money than yourself. Do you think that person who sold you the unit trust package cares about how much you can earn for yourself? He/she is actually thinking how much commission that can come from you. And those fund managers? Come on, why do you pay the monthly or yearly fees to them to invest your funds when they can't guarantee profits?

I heard a real life story from one guy in Wealth Mentors. He said he invested S$10k in some kind of investment scheme by ****(the company has the biggest chain of supermarkets in singapore. Go figure out). 8 years after he investing in the late 1990s, he got back a profit of less than 100 dollars. He himself was a very successful trader when he retrieve the money out. And he told anyone from then on who came across him trying to sell him investment policies, "Take a look at my profits. Can you guarantee these profits?

Guys, I'm not trying to stop you from investing your hard-earned money. Yes some investment plans work really well. But unless it is deposit guaranteed, anything can go wrong isn't it? Please do a thorough research on the risks and rewards of whatever you put your funds into.

Bless you all. The phrase that reached out to me this week was, "Don't follow the currents of the world, but the kingdom of God. Not my will, but Yours be done. "