Happy New Year 2009.

2008 has been a bang and exciting year for the market. This year will likely to continue the trend. We will have another shock then will most likely have the stablization. 2008 has been a nice year for me as i learn a lot of insight experience from the market and my fellow traders.

Despite of the bad market. My stock still held strongly against the tide. No doubt some of my stock taken some beat here and there, there are not servere. I closed up 30% last year 2008. I started pumping in money since the last few months of last year to boost up my account. My forex account has been doing great again since the downfall of my unfortunate event or encounter with the last forex broker account. The currently using saxo account is doing great with great security features. My forex account has up almost 20% since i open it in last year October.

For those looking for an answer of how to trade in this kind of uncharted market, I do provide personal coaching. I also provide group coaching too. Till now I only provide for people with a little knowledge which mean they either attended Wealth Academy Investor or Wealth Academy Trader program. So do apporach me to book for your personal coaching.

My personal take for the year 2009 will be down for the 1stQ and 2ndQ. Then it will start to recover for the 3rd and 4th quarter. Several sectors looking good and healthy are commodity, Infrastructure, Health Care, Old school Finance insitution, Housing and Transportation.

Lookout for the January Effect as it work tremendously last year. This year will most likely follow the same pattern too. The January Effect basically is if the month of Jan the market ended up, the rest of the year the market will ended up too. This is even so if the first 5 days of the Jan is positive. There are several ways to protect the stock. Like buying a put options to protect the stock or just by selling call you might be able to collect some rental to par off the paper losses on the stock.

This year i will kick my butts and serve you guys better with good information and tips here and there. I will want to start making a point to post something useful for you guys daily and kick start this blog.

I want to thank all of you for reading and supporting my blog. I will continue to serve you guys with Good information and grow the account with me.

I have been looking at the history of wall street through reading books. I notice that most of the rich people made their money when the market is at extremely dire environment. This is where most of the average people are scare of investing in the market. As i ponder about why do the rich dare to buy in this kind of environment, one of the phrase suddenly pop out to me …

Buy Low Sell High

I always wonder where can we find cheap and good healthy stock? Well it is pretty obvious to me now. It is at this BEAR market where I can find cheap and healthy stock. Those company that are going to survived in this current situation will come out stronger than ever. They will be the major market leader in their own sector. I can really see the future of Citigroup, JPM and BAC. They will be the 3 strongest bank in US.

Why is it so difficult to buy low sell high ?

This is because people including myself is driven my emotion. Emotion will mask our sight. We will become myopia or short sighted. I have ask my student recently if they would buy into this market. All of them give me a no answer. I expect this answer too as most of them is being control by fear. Fear that the market will be gone and their hard earn money will go into the drain. Most of them already being affected by the downturn of the market as they have started to invest when the market was very bullish. The emotion of losing money is too great to handle and people tend to want to do something when things are not going the right ways. So many of them start to sell their stock even if the value is already down by half or more.

Then i ask them again if they would buy into this market if they have cash available to invest for 3 to 5 years and they did not get affected by the downturn of the market. Well majority of them say YES!!!

Gold is a safe haven now ?

Personally i do not think that Gold is a safe haven as they are already at such a high price. No doubts gold will be a safe haven for a few months but definitely not for a few years. This is because if you buy at a high price, then most likely you are going to sell low.

Conclusion

I feel that the stock market especially US MARKET is the best investment opportunity NOW. The reason is the stock market is at a super CHEAP SALES NOW. This crash does not come easily. As long as you have the capital to invest and do not need the money, then i will recommend you guys to invest in stock market. If picking individual stock is risky to you then just buy the index ETF or the sector ETF. Then the risk of individual company being bankrupt is greatly reduce.

Be prepare to see the potential growth in at least 5 years.

Good Lucks Guys and happy shopping

cheers,
lawrence

Today i went down to Suntec City in Singapore for the Invest Fair. I was at the Adam Khoo Booth helping Conrad to promote his course and give awareness to the public. I got to interact with quite a lot of people. I love to interact with people (stranger) to find out what they really want in the market.

I guess many people get out off by me when i tell them the truth in the business of trading/investing world. I told them that at least they need to practice for 6 months to 1 year in order to be profitable. Most of them will quite disappointed and give me the “Sian Look”. This is because i think a lot of people are looking for quick and sure fire method in making money. People have the wrong concept that the stock market is a place with EASY MONEY …

This is absolutely not truth!!! part of the fact is that there are many so call gurus selling dream to people instead of teaching them the real stuff. Sad to be said … Reality is hard to accept and sometime it may seem to be a crush in the face. I rather put people off then killing them in the market.

People who really succeed in this business will have these following qualities …
- Discipline
- Passion
- Fighting Spirit (Never give up attitude)
- Patience
- Hardworking
- Strong Believer in yourself

Discipline is the key factor towards the success of trading/investing. Lack of discipline will result a bigger loses when you hesitate in cutting lost or when you enter a trade too early. Discipline no doubt is the bigger key deciding factor in any kind of field.

You need passion to drive you towards the success that you are hunger. You need the passion to do the boring job yet very rewardable at the end of the trading journey.

Tough time come you need to press it on. Never say quit attitude!!! Most of the Good Trader or Investor will experience a major downfall before they succeed in this business. If they did not fight back again then they will never succeed. Once again tell yourself press it on till you succeed.

Many people including me lack the virtue of patience. Trading and investing require plenty of patience as most of the time we are waiting at the sideline and let the newbies to kill each other. Once the market decide to go in the trend then we as a professional trader and investor will act upon it very fast. Being Patience alone will save you plenty and tons of money.

The more sweat you put in the greater reward you will get. Then again if you are doing the wrong thing every time again and again, this mostly likely tell you that your system of trading is not working and thus you need to change. There are a big different between hardworking and just stubbornly sticking to the failed plan. If the system of yours is CLearly not working after you put in months of efforts then you should just change your strategy.

Last but not least you need to strongly believe that you will be able to take money out of the market consistently. Believe that your Tested system will be able to last as long as the market condition do not change much.

Is there such a thing, program, software, book and even system that will 100% guarantee of making YOU rich? 

There will always be people asking me about will this or that trading strategies or even system 100% work? It is pretty normal that You are seeking the Guarantee Protection of making money. It is a good practice too as You are cautious to every investment.

Then again think carefully … Is there really such a magic formulae?

BEWARE WHEN A PERSON PROMISE 100% GUARANTEE OF MAKING MONEY!!!

The truth is there are no sure fire stuff in this world that will make YOU an instant millionaire. It is through tremendous hard work and sweat that will make YOU a millionaire. It is through the old age of wisdom from the REAL Professional in the relevant field that will GIVE YOU the PRICELESS knowledge of making money.

Knowledge is the path towards becoming millionaire.

Recently I have just launch an Educational Trading Tools website www.patterntradertools.com. I did not claim that YOU will 100% guarantee of making money. Though this claim can attract plenty of gullible people who are seeking to make a quick fortune, I just did not put it as i do not want to give people a false hope.

I truly believe in hard work and plenty of practice. Thing that come easily will go off very fast too. Only through hours of hard work that YOU will taste the sense of achievement. If YOU ever been to the www.patterntradertools.com to look for a product that i recommend, never ever think that the product will help YOU become millionaire instantly.

Instead those Education Trading Tools will help YOU to reach YOUR million dollar dream a step closer and will definitely give YOU the priceless knowledge in acquire tons of cash. Those Educational Trading Tools will speed up the process of learning.

Do not get fool by those 100% guarantee of making money products!!!

Good products will help YOU to gain PRICELESS knowledge in the shortest time.

Nothing can help YOU if YOU want to take the easy path …

So once again … Is there such a thing, program, software, book and even system that will 100% guarantee of making YOU rich?

If there are such a program, please let me know … thanks
 

I got inspired by this guy, Nick Vujicic a few months ago. I did post a clip on him before my blog got hacked. I want to share with you guys how Nick Vujicic has make an impact on my life. 

This is a guy who born without limbs and arms. He has to fight the disability since the day he saw the daylight. He did not give up and continue to live a normal life. He did not blame anybody and yet he thank God for the life. He know that everything happen for a purpose even though he did not know the purpose when he was young. He has faith in God.

What really inspired me was the way he lead an normal life. He do all the stuff all by himself like cooking, bathing, surfing the net, get to town, swimming, playing football and trading TRADING. Yes he is an option trader. He is a professional option trader. He make a lot of money from option trading. 

Whenever I feel lerthargic, I will look up to him and watch his clip. If he can do so much things without limbs and arms, I think we can do more things as we are blessed with both legs and hands. 

Everything Happen For A Purpose …

Things or Events happen for a purpose. It is normal for every human being to feel sad or low or blame others for the event occurs to us. Well we cannot control the event. This does not mean we cannot control how we feel or think. We cannot control the market, we can control ourself and let not being carried away by the market. 

Look at yourself … How do you react when you lose money? Did you blame the market? Did you blame the people around you? Did you give excuse? How do you react when you make tons of money? Did you bless the market? Did you thank the people around you? 

We have to take control of ourself especially in the dog eat dog stock market. This is a place where you will discover your true self. 

So I would like you guys to spend a couple of minutes watching this short clips … 

A longer version of the last speech …

http://www.crystalcathedral.org/hour_of_power/videos/nick.php 

I have upload some of the previous articles. I have arrange them accordingly to their category.

Trading psychology provide some nice insight of human behavior in trading. It also show us how the emotion will affect the trades. 30% of the trade is determine by the skill but 70% is determine by the state/emotion of the trader.

Options provide some interesting articles.  Myths of option will be covered and what is an option and many more. Everything that you need to know as a newbies about option will be there.

Online Brokerage shows us 3 different kind of brokerage. The different between IB, OX and TOS. Please take a look at it before you decide which platform is more suitable for you.

There will be more stuff being upload for the next few days. So keep a look out at it. It is a good time to read through again for whatever stuff that you guys have miss out.  I will leave out all the daily trades post as i find it quite meaningless. I will post the big trades that i learn most from it. Meanwhile please enjoy the new layout and the articles and post that i have uploaded.

I’m glad that a lot of people has step up the security of their blog. Through my incident quite a lot of people has been backup their materials.

I’m looking forward to write good stuff for you guys.

Cheers,

Akalawoo

I want to thank the hacker for hacking my blog. Previously my blog articles are quite messy. I did not organize properly. This time around i can properly sort out all my articles and post. I will put them into properly categories. I will restructure the layout of the blog to provide better information for you guys. Therefore i need some time to sort out everything. I will be quite busy for this week as i have to run the wealth academy event in Singapore. My blog will be up by end of next week 9 march 2008.

I wanna thank all the faithful reader for visiting my blog ever since i started in last year October. I hope you guys will continue to support this blog and do drop by by 9 of march 2008.

Thank you very much,
Lawrence (Akalawoo)

My blog has been hack on 26feb 1am ++ SG time … I will get back as many pass article as i could … Please give me sometime to sort it out