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 

Im not sure if you guys know how do i make money from the stock market. Im quite sure that a lot of people think that i make plenty of money from Strangle/Straddle Google.

Well I do make money from GTS but i can’t make money everyday from this strategy. It is not everyday sunday as you need to wait for the right IV and opportunity for you to enter this trade. The risk to it can be quite high if you do not have the knowledge in constructing this strategy.

Today i shall reveal to you guys my bread and butter way of trading. As you can see from the topic above, it is none other than Day trading or Scalping. I have make tons of money from using this way of trading style. I can easily take home US50 everyday scalping the same stock. The stock i scalp is … Goldman Sachs (GS).

What are the differences between scalping and day trading?

The main different is time. Scalping is a faster action than day trading. Well it doesn’t really bother me as i enter base on technical and exit base on technical too. Sometime if i buy and close early, it will be a scalp, otherwise will be a day trade. This is because i would love to maximize the profit.

I hearing something from you guys out there … Hmm Is it dangerous? It is very dangerous if you do not know how to handle YOURSELF. Yes the answer is yourself. Scalping or day trading is a very intense game. You have to stick to the screen like a glue. You need to have a steel of nerve and you need to be multitasking too. The most important thing is you need to master yourself.

Why do i keep Saying Yourself?

Trading is all about mastering oneself. This is because trading is all about psychology. The market is make up of human. Human being trade due to greed and fear. Scalping or day trading is like having the fear and greed coming to you at a GREAT PACE. You need to react fast or else you will get slaughter by the market.

The reward of day trading and scalping is enormous yet it can be quite tiring. Someday you might just waste your time seating there looking at your computer without any trade.

This is the main reason why i want to move on to swing trading and do something that is passive income as i let the money do the work rather than i do the work, even though i have make consistent money through scalping or day trading.

Well i know that a lot of people still do not know how I day trade or scalp. Here is a simple illustration … I will setup my trading platform before the market open. I will observe the market once it open till around 10+. Depend on the market condition, i will usually scalp GS at around 10+. Usually i will scalp GS when it has clear direction. That’s mean it is either going up or going down. I will only do it once GS start the trend or having a pullback.

The trick to scalp or day trade is to have patient. Do not be the first to go into the lion den. Ride with the trend or wait for the pullback. Just yesterday i make 25 bucks on GS with 1 contract. I close the trade early as i need to visit the toilet. If not i would be able to make 100 bucks ++. This is because as i puke in the toilet, GS puke too … HAHA …

Okay enough of my nonsense …

I would love to leave with you guys a parting note for today …

It is wiser to lose a battle than a war

Today headline in Sunday Times caught my attention. 

Pay $4k for ‘get rich’ trading tips 

Do you really believe in get rich quick scheme? 

Do you really believe it is so easy to make money without putting in hard work?

If your answer is YES then i have to tell you something that really blow off your mind. 

There are no such courses or seminar in the world that give you the SURE WIN method of making money. You wont make tons of money just by attending seminars or workshop or even reading books. 

Will you be able to learn cycling just by reading books or attending cycling course without yourself riding a bike? 

The answer again is a BLOODY NO NO … So how would you be a successful trader or investor without gaining the experience you need by trading day in day out or a seasonal investor. Do you still remember the time that you fall down when you first riding a bicycle? Oh i think is yes … 

Have you ask yourself why do you need to fall before you start to learn how to cycle?

The problem with human being is we will only learn something through hard experience. This means that we WILL LOSE MONEY first before we learn how to MAKE MONEY. No doubts some of you will make tons of money at first. But i guarantee you that you will lose back all the money if you do not have the basic grounding of trading or investing. 

I have a student that make tons of money during the year of bull run which is around in the year of 2005 to 2008. He made plenty of money during that period of time. Only recently during the bear market, he lost everything back to the market + incur more loses within 3 weeks time. 

All i have to say is … Do not cheat yourself that money is make easily … and by attending some so call good course you will make money within a few days. Trading is a skill that need time to master. You can ask any musician how long did they master their own instrument. The answer will most likely be i haven’t master anything yet even though they spend years after years of practice. 

So once again do not kid yourself … 

I always wonder why when people attend trading or investing course, they will want to make money after the courses but when they attend marketing, financial and IT courses, they will not want to make money out of it. 

Aren’t it the same? You are paying a sum of money to learn the art of the game or the knowledge of a certain field. Why are there such a big different in perspective? 

So next time when you want to attend a course or even choosing a degree to learn, ask yourself if you are really interested in the topic or you just want to make money out of it. 

Ask yourself these question especially when you want to join a trading and investing courses …

Did the course teaches you the art of something? 

Did they teach you how to fish instead of giving you the fishes? 

Did you think logically before you sign up for the course? 

Did you really think that the course is so special that they promise you everything where people like Warren Buffet in trading, Thomas Edison in inventing and even Beethoven in music spend years after years to perfect their own field of art?

Think for yourself and make the wise choice … 

Have you ever wonder what is the best investment vehicles in the world?

Often i heard people say that real estate is the best investment because houses will always appreciate in long run. Some people say that the stock market is good as long as you buy and hold for long. Some of them say invest in commodities like gold and oil as they will always go up too. Some of them say invest in mutual fund or exchange traded fund.

I also get to hear from the other group of people. They say that invest in stock, mutual fund, real estate and other vehicles is very risky. Some of them say that they got burn from stock market and some get burn by the housing loans.

So who are correct?

Well i believe that all of them give “sound” advice. All investment vehicles in the world is good and excellent IF YOU KNOW HOW TO USE IT.

Let me give you an example…

I do not have a car license and i have not drive before except in the video game center. If you ask me to drive a real car, most likely i will crash the car. Therefore driving a real car is Dangerous to ME and also might cause harm to others.
This is very true in trading world or other investment vehicles. Car license is just like the investment education and the car is like the market. Without proper education on the investment vehicles that you are going to invest is equal to give your money away.

The Best Investment in The World IS YOU … INVEST IN YOURSELF FIRST … YOUR BRAIN …

People tends to blame the market, blame the brokers, blame the guru and blame everybody except themselves. People tend not look at themselves to realize that they are the one who call the shot on purchasing the investment.

You have to take charge of your living. Take charge of your decision. If you have no time to invest yourself then better not invest in the market. If you want to let “people” take charge of your Money then you have to prepare for the lost.

Always ask the Professional (brokers, financial planner and other gurus…) to Guarantee of the Return that they promise to you. If they are able to promise you a fix return then most likely they are good. Always do your due diligence.

Trade Safely and Invest in Yourself