Tuesday, April 22, 2014

My Daily Meal

It's been a long time since I last update as I find nothing much to share on trading except maybe on some traders who have busted their accounts last year.  I see no point in adding salt into wounds.  It's probably the same old lessons about Money and Risk Management.  Trade within your means.

Trading is no longer lucrative, it's plenty of hard work and every trade is almost a gamble.  In my opinion, I always believe the big boys are manipulating the market and with advance technology using sophisticated machines, most traders hardly stand a chance of making it.

During a chat with a Fund manager, he revealed that he pity the small players, as he knows some of these big boys, only a few exceptionally good traders are able to make money. (He is referring to the stock market)

I am hanging up my Jacket, instead of trading, I am looking at investing, having a view over a longer term horizon, it's just too stressful starring at the screens and not necessary able to make some decent money.  There is no more edge and the cost of trading is high.

I have been approached with many type of business proposals which I have turned down, risk taking is no longer my cup of tea any more.  I am looking for something to do, to occupy my time instead of playing Candy Crush the whole day, it can be quite addictive.

I found something recently that fit what I intend to do, small investment in an upcoming Internet Business, relatively low risk to make some daily income for my meals by working 20 minutes in front of the computer.  Starting small to see how it goes and sharing it to grow.

This is not a get-rich-quick scheme.  I am testing the water with a weekly update.

For those who want more information on this, do drop me a mail at dailymeal4u@gmail.com.

No comments: