Blog and Rants

Blog and Rants. Read at  your own risk... :D

 

Real advice for Long TERM investment

I was reading this on news.com.au. This article…is kinda..dodgy to me. Should I sell or hold? Generally the experts recommend that it is better to hold and sit it out. If you sell your shares or investment in most cases you will be triggering a real loss. Remember, at the moment it is only a […]

How the rich differ from the rest

Article from News.com.au. Nothing really new, but it might a good reminder. A common definition (of Rich) is a person with at least $US1 million ($1.2 million) in assets not including the family home. “The rich are normal human beings, but with bigger wallets, and invest in much the same sectors and asset classes – […]

Simple setup , but ‘not-so-good’ trades

I made 2 day trades yesterday. Long EURUSD, Short USDCHF. Simple setup. But, instead of waiting for the planned target, I chickened out on exit. Well… Beautiful charts. [photopress:_USDCHF3_9_2008_1.jpg,full,1] [photopress:EURUSD.jpg,full,1] Side note. If you are not reading this post on tradergav.com, please leave immediately. My posts are stolen by some sissy birds recently. They created […]

New hardware setup

I have not been upgrading my trading hardware for a long time. I used to trade with my laptop and a old 15″ LCD monitor for the past few years. OK, I am a stingy asian man. 😆 . Anyway, I just got my Samsung SyncMaster 2253LW 22″ LCD monitor from ebay yesterday. Cool stuff. […]