Sunday, February 1, 2015

Back in the Saddle

Yes this blog and myself is still very much alive and kicking despite the lack of updates. I'll keep this update a very short one.

Plenty has happened in the past few months. The highlight was of course the SRDC Worldwide Bootcamp that happened this past October in Phuket, which saw the launch of the AMG500 technique. It has allowed many traders in the SRDC community to trade with higher frequency and accuracy.



I'll let the results speak for itself. Here's just a summary of one of my trading accounts for December 2014 and January 2015.

December 2014
Trade 1: 410 pips
Trade 2: -390 pips
Trade 3: 570 pips
Trade 4: 590 pips
Trade 5: 300 pips
Trade 6: 600 pips
Trade 7: 330 pips
Trade 8: 620 pips
Trade 9: 700 pips
Trade 10: 780 pips

Win/Loss Ratio: 9:1
ROI (Return on Investment): 45.10%




January 2015
Trade 1: -900 pips
Trade 2: 220 pips
Trade 3: 830 pips
Trade 4: 100 pips
Trade 5: 630 pips
Trade 6: 710 pips
Trade 7: -20 pips
Trade 8: -300 pips
Trade 9: 350 pips

Win/Loss Ratio: 6:3
ROI (Return on Investment): 16.20%



January was abit more careless. Despite the mistakes, still managed to achieve a decent 16.20% ROI. Wrap your mind around that, what's your bank giving you on your deposit per annum?

What's a pip you ask? Put simply, a pip can equate to $0.01, $1.00 or even $10... So whenever you here a trader say he made 300 pips, if in the case that a pip is $0.01, its $3.00. When its $10 per pips... that's $3000! How much are we trading on per pip? Well... that's for us to know and for you to find out!

There's plenty more development in the SRDC community at this moment. There's certainly an air of excitement surrounding SRDC like never before. More updates on my next update. Wanna know what all the fuss is about? Come join us!

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Thursday, April 10, 2014

Back to Basics

Given advanced techniques, we tend to overlook the basics, which is a grave mistake. I've recently reverted back to the basics in my trading set up. After a couple of reviews with SRDC Chief Instructor aka Iceman, he's helped me and a couple of other traders fill in the gaps in our understanding of the basics of A300. Here's a quick update on my trades for the past 2 weeks to 3 weeks.

Trade 1, 24th March 2014, 460 pip harvest

Trade 2, 28th March, 300 pip harvest
Trade 3, 10th April 2014, 510 pip harvest

That's an accumulated harvest of 1270 pips in a span of 18 days. With SRDC's suggested money management, you're looking at an estimated ROI of almost 13%. I need to stress that these 3 trades were just using SRDC's basic A300 set up! We're just scraping the surface of what the SRDC system is capable of!

I'd like to take some time to talk about trade 2. Now some of you who follow me on facebook will know that I've recently been to the Singapore International Coin Fair on the week of the 28th March. Even whilst I was in Singapore, I managed to catch a delayed A300 entry with minimal analysis! Trading has never been simpler.

As always, big thanks and gratitude goes out to Sensei Orange Roshan for sharing these trading set ups with us. I'd also like to send out my appreciation and thanks to Chief Instructor Iceman for taking the time out of his busy schedule to review the basics with us. More pips to come!

To check out all my updates from the Coin Fair, head on over to the Lim's Precious Metals facebook page. www.facebook.com/limspreciousmetals
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Thursday, March 20, 2014

Big Phil

I'm back for a quick update on what's happening in March. Here's what's happening on the trading side. Its been a nice trending month in March. Nothing too spectacular for my harvest. Was a little disappointed that I missed certain obvious trades, but was nonetheless happy and grateful for whatever pips I bagged.


I've attached snapshots of the 2 trades that I took so far this month. A total harvest of 1130 pips. Using SRDC's suggested money management system, that's a return of 11.3%. I'm starting to sound like a broken record, but find me another financial instrument in the market that can give you this kinda returns in a month, let alone 2 trading days! I've always been very conservative in my trading, you'll hear from more spectacular traders in the SRDC community. (Yes, 10% ROI per month is conservative)

On another note, I'm super excited to be heading to Singapore next week for the 2014 Singapore International Coin Fair! As many of you know, I'm also involved in trading investment grade precious metals. There's something which I'm particular stoked about seeing at this fair. I believe I should let the picture do the talking.


What you're looking at is a 1000 ounce gold coin from the Austrian Mint. It weighs a mind bending 31.1 kg and costs over sgd 1.7 million according to today's price!

I'll end my post today with a link to other SRDC Worldwide community bloggers. Once again, I'm forever grateful and humbled to be part of this great community. The gains I've experienced being in this community extends beyond just monetary gains. As a result of being in this community, I've been self-employed coming out of graduation. I've learnt success principles from the seniors. Believe it or not, from this community, I've learnt how to grow my own fruits and vegetables. (Hope to blog about that sometime soon.)

And as always, I thank Sensei Orange Roshan for sharing these invaluable techniques with us. Does the SRDC system really work? Well, have a look...

Brunei traders


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Wednesday, December 4, 2013

Recharged!

Hello readers! I know its been awhile since my last update. Just wanna let everyone know that this blog is still alive and well. So here it is, a quick update of what I've been up to in the past month.

 Those who know me will probably know that I'm affiliated with the technical charting community known as SRDC Worldwide. There's just so much excitement surrounding SRDC at this moment, especially with our recent annual "Bootcamp" that was held over at Tagaytay, Philippines. More than a hundred traders from over 10 countries gathered at the Development Academy of Philippines. (More on that from my next post)

 Getting back to the purpose of this post, a quick update on my trading progress. I've been working on a set up known as A300e since my introduction to it in July. The potential of this particular set up is out of this world! And to think Sensei Orange said this is merely the tip of the iceberg! In summary, I saw a 20% ROI (return on investment) on my trading account. (How much are the returns on a savings account with a commercial bank?) And this was using a very conservative money management.


A cumulative harvest of about 2000 pips and this was 4 days of trading in November! Even though the A300e set up permits trading on a daily basis, my style of trading has always been a little bit more conservative. I started seeing results on my trading accounts after all the tedious backtesting on A300e. (Backtesting means studying previous data on the charts.) If I have to be honest, I never really was disciplined or diligent on doing my backtest. (And I wonder why I never saw results) Lets face it, nobody loves putting in the work but we all want that mansion or that shiny red Ferrari. But after putting in months of backtest, I can personally say that backtesting is essential towards your success in live trading.
"I hated every minute of training, but I said, 'Don't quit, suffer now and live the rest of your life as a champion.'" - Muhammad Ali

 I wanna end this post by giving thanks to Orange Roshan, the founder of SRDC and the person who made all this possible. The gains I've experienced throughout being in this community cannot be quantified in monetary terms. Thank you Sir for allowing us to learn alongside you as well as the leaders in this beautiful community.

 (If you have no idea what I've been ranting on about for more than half of this post, dont fret! Make a decision to join us at the next SRDC preview and find out what we're all about!)
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Thursday, July 4, 2013

Unlearning

This is just going to be a short post and directed towards SRDC traders in general. Its just something that's been in my mind for quite awhile. The A300 set up was introduced a few months back and the general response is that pretty much everyone has been getting excellent consistency on that set up. Just have a look at all the SRDC trader blogs that are out there!

 When the USU syllabus is first introduced to a trader, its pretty much like a piece of puzzle, your purpose is to put it together and find a particular set up to your liking. There's nothing new being introduced into A300 really. It just takes out all the clutter and keeps trading really plain and simple. Truth be told, when A300 was first introduced I didn't welcome it into my trading set up with open arms. Honestly, I was even apprehensive. But I got to talking with Iceman, telling him how I filtered my A300 trades (or rather lack of) with moving averages and other time frames which are not supposed to be part of the A300 set up. The eventuality of that was I ended up not taking any trades at all! He then told me the purpose of why A300 was ever introduced; it was to prevent "paralysis by analysis", which is a lot of trader's worst enemy! Ever since that counselling session with Iceman, I've been entering into the market with far higher frequency and with amazing consistency and harvest.

 Which begs the question... Is it easier to learn or to unlearn? The students who are just entering (or rejoining) the SRDC community are very fortunate to learn the A300 with a blank canvas. Whereas senior members have to make like brand new traders and forget about all the other techniques swimming around in our head. At the end of the day, to be a great trader, you've got to humble yourself and be teachable. I'd like to take this opportunity to specifically thank Iceman for teaching me to "unlearn". A bigger thank you goes out to OrangeRoshan, because without him there would be no SRDC.

 To all the SRDC traders that are reading this... May the pips be with all of you!
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Wednesday, June 12, 2013

Leadership Seminar

Greetings! So I just got back this past Monday from a short weekend trip to KL. Purpose of visit? Both business and pleasure. Every quarterly, me and brother (also my business partner) along with a few of our associates will attend a major seminar over in KL. We've been asked several times before why we repeatedly spend money to keep going back to these functions. Well the truth is, we don't consider it as "spending" money but more so "investing". See the difference is merely perspective. The other agenda of our trip is of course going on a crazy food eating spree! You'll also see plenty of images of the food we gobbled up! (Which I will upload in a separate post) This trip also provided us a fantastic opportunity to meet up with the principal of our Precious Metals business to discuss expansion plans. The great thing about having mentors in our lives is that we don't have to scratch our heads figuring out what works or what doesn't. A mentor has already been where you want to be, so all you've gotta do is to just trust, listen and follow! She has certainly given us a bigger vision of where our precious metals business is headed.
This past seminar was certainly one of the most emotionally charged ones we've been to in recent memory. (and we've been to a few) It served as a reminder of the things that are truly important in life. The invited guest speaker hailed from India and has successfully built an international business in multiple regions around the world. He held an important corporate position in a little company you may have heard of called "Oracle" in the States, and one day just decided to just quit and return to his home country of India to start building his business which has yielded him no results in the past 5 years straight. Did he know whether its going to work for him? Certainly not, but all he knew was success was non-negotiable. He now lives a life free of financial concerns and travels around the world to inspire others to do the same. He is living evidence of faith in action.
Attendees filling up the hall at Menara PGRM.

Our senior business partner Hj Aman (L) and Michael Kee (R).

The key word is "leveraging".
In our line of business, we also help people attain optimal health and also get paid for doing it!
Business owner, Amit Sondhi in action!
Your emcees for the evening!
What's your excuse?
Other people's opinion about me does not change my reality. How about you? Are you concerned about what others think about you?
Amit Sondhi receiving a standing ovation from the audience!

The speaker closed out the 3 day weekend leadership seminar with an impactful statement, he said that all the attendees of the function had left our loved ones at home for a few days in search of information and knowledge that we can bring back to build a better future for our loved ones. Logically, there are plenty of reasons why you should build a part time business. Things are certainly not getting any cheaper whilst paychecks remain stagnant. Can your retirement fund support your standard of living when you retire? In this economy, is ignorance really bliss?. To me, it is no longer an option to build multiple sources of income, it is a MUST.

 I'll close out this post with a quote from one of my heroes, Nick Vujicic. "Risk, then, is not just part of life. It is life. The place between your comfort zone and your dream is where life takes place. It's the high anxiety zone, but it's also where you discover who you are." Question is, are you willing to step out of your comfort zone?
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Friday, May 31, 2013

The Pips Are Strong With This One!

Today we're doing something a little different. Those close to me will know that I'm a day trader. Its just one of the few opportunities I was fortunate enough to be presented with that has provided me with an alternative stream of income. What's a day trader you ask? Ever seen movies like "Wall Street"? Well its exactly like that! Only less dramatic... much less...

This will be the first of many posts that I will share of my journey in derivatives trading. So without further ado, I present to you my latest entry in the Gold market. Just a few things to note, vertical axis is the spot price of Gold in USD and each candle representing one hour in price movement.

My entry was on the 30th of May 2013. Prior to the 30th, the price has been relatively crabbish so I was pretty much expecting the price to explode at any moment. So upon waking up close to noon, I noticed the price had already broken past yesterday's high (29th May). Fortunately, I hadn't missed the entry. After a brief analysis, I predicted an entry at about 2 or 3 in the afternoon.

(Click to enlarge)

At 2pm, I returned to my charts and at the close of the hour, the entry was proper. A300 activated on a BUY but there was already a fairly large movement before and the price needed to "rest". However, with a busy schedule ahead of me, I decided to just enter by placing a 300 pip take profit. 7 hours later, a comfortable 300 pips was harvested. The price did encounter a slight reversal in between. However, by applying "ambuyat" (not the food, but a technical charting technique), I was aware that it will not go beyond the horizontal line A1. By also applying ambuyat, the day's limit was noted at A2, which was super predictable.

This is my 6th A300 trade, all of which have yielded positive trades. And within a mere 30 days, a conservative 10% ROI (returns on investment) was easily achieved. When you're thinking of venturing into derivatives trading, there's only a couple of simple questions you gotta ask. Is there a proven, predictable trading system that yields results? And is there a mentor willing to guide you along the way? Fortunately, for me it is a solid and resounding YES to both. With SRDC, and the recent A300 set up, it couldn't be easier! I owe a debt of gratitude to the SRDC community ,especially its founder Sensei OrangeRoshan. When you're an SRDC trader reading this post... May the pips be with you!
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