FX Trading Self Ban

Thanks to the first and second berserker rages I've had in 2019, plus a few accumulated smaller losses, I've decided to ban myself from FX trading until 1st April.

I went to the extent of setting it as a reminder on my mobile just for the sake of it!

Second Berserker Rage Of 2019

OMFG.

Yet again, after what I did last month!

And this is my biggest loss in quite some time.

Geez.

I really can't stop gambling it seems.

Again using IG Markets, I failed to control myself and kept going on maxed out positions with minimum stop loss in order to get maximum leverage.

Ended up losing SGD2,820.

Let's hope this is the last time I ever fund my IG Markets account.

Sure lose money account!

Hopefully my year gets better from here.

2019 Dividend Accumulator January

Continuing from where I left off last year.

The goal is to earn even more dividends in 2019 than I did in 2018. The total amount to beat is $2,175.12.

Bear in mind that I am currently holding about 40% cash because I think the current situation is rather unstable and volatile, and yet the market continues to defy gravity :( I've actually liquidated many of my profit making counters, including those strong dividend counters. Looking to buy back when the market eventually comes back down. If it does.

Still it has been quite a good month for dividends.

02 January $54.21
02 January $79.97
11 January $21.58
11 January $68.00
31 January $93.24

Total Dividends for January: $317.00

Total Dividends for 2018: $317.00
Average per Month: $26.42

REITs 2019

Thinking of plowing more investible funds into my passive income portfolio.

Came across this table on the Business Times on the flight back from Ho Chi Minh.

But the uncertainty in the markets is giving me the creeps.

My Saxo P&L 2019 January

What a terrible start to my year!

I'm already down $1.4K!

I need to stop trading for a while.

Look at how green it was just 3 months ago!

Ikigai

Ikigai (生き甲斐, pronounced [ikiɡai]) is a Japanese concept that means "a reason for being." The word "ikigai" is usually used to indicate the source of value in one's life or the things that make one's life worthwhile.

Read more here.

SIM INC Youth Investment Forum 2019

I had the honour of gracing this investment event organized by the Singapore Institute of Management's (SIM) Investment & Networking Club (INC) as a panelist. Generally I do not like to take speaker slots, but employment in the industry was something very relevant to what I currently do, and I felt that I could contribute somewhat. If all I accomplished was to change at least one person's mind about his career decision making, in a more realistic and positive manner, I felt this Saturday spent would have been worth my while.

The Youth Investment Forum 2019 (YFS2019) was very well organized. As a panelist the organizers in INC did a very good job making sure I was well chaparoned wherever I went, from the moment of my arrival. The program itself was very well structured as well, and relevant.

The format was fairly simple.

First was a Market Outlook panel discussion.

Followed by a Fireside Chat.

And then my session, which was a panel discussion on Employment in the Face of Disruptive Innovation.

I hope my insights were helpful and positive.

The Trading Losses Are Piling Up

Following last weekend's declaration that I would impose a trading ban on myself, I actually violated the ban.

I went to short the S&P500 @ 2,579 on Tuesday.

I went to short the USDJPY @ 108.12 on Wednesday.

Both are bleeding as of weekend close.

S&P500 is currently at 2,596.

USDJPY is currently at 108.56.

:'(

This is bad.

For the coming week, I would like to stay disciplined with my stop orders and not trade anymore for the week if I get stopped out.

My stop for S&P500 is at 2,640.

My stop for USDJPY is at 109.10.

This might really not be a good trading year for me :(

HUAT AH!!!

One Week Trading Ban

Following last week’s disastrous trading losses, I have decided on a self-imposed ban on trading for at least a week.

Let’s see if I can stick to it resolutely.

This might instill better discipline for me.

HUAT AH!

First Berserker Rage Of 2019

OMFG.

Just as I blogged about trying to avoid it.

I ended up in a trance trying to make money on the latest USDJPY spikes.

I hate using IG Markets trading account because it is precisely when I get into these spells that they allow you to put a 10-15pip stop loss and then release more margin for you to open even more positions.

Ended up losing SGD2,500.

I really should make this berserker rage my first and the last of this year.

Stay away from FX, people!!!

Boo hoo.