Think and Act Differently to Be Rich - Start Taking Actions

I got this diagram from business insiders. Studying all 11 ways of how rich people act and what they dream and do, I must say it's all real and it's starting to get in me. I have certain traits there but I need to practice  certain others in order to be even more successful. I have my own rules for success when it comes to the stock market but it may not be enough as I need more exposure to move to higher level.

I believe the first rule to be rich is to dream and dare to take calculated risks. What other people say is not important but instead what you think is more important. You need to have a dream and a goal of what you want first, and then start implanting some work effort in those dreams with day to day effort, just like how a seed germinate into a well grown plant, some take months while other takes years.

It doesn't matter if the effort is big or small, as long as something is done each day with no time wasted, your effort will be rewarded one day. Some people think they one must do the big things in order to succeed, I can tell you this, the answer is no. One needs quality time and small efforts, just like how a plant needs water, sunlight and nutrients before it's the roots can be steady, fundamentally strong and grow into an adult plant. So don't waste your time and goals my friends, and don't live in other people's dogma. Listen to your inner thoughts and believe in yourself.

Start doing something be it small or negligence and ignore all the noises that are always skeptical and put you down. Think positive and throw away negative. You don't need any powerful connections or influential relationships too. All you need is that strong will power, believe and perseverance and soon, it will all materialized. At least that's how I did it so far. I know it's not easy and you may think is it so easy? My answer is it is simple, but the journey require perseverance and you need to start doing something rather than wait for something.

Ronald K - A Game Changer

Singapore Stock Market - Made $3 Million, Lose $5 Million

It was a lesson learnt in the Singapore Stock Market. It was during one of my workshop that I met up with this gentlemen and it was only just now that he told me his Dad story. So making $3 million and losing $5 million is a bad and sulky feeling but well, the traditional way of trading the market is over. We are no longer in the old warren buffet era or the buy and hold long term strategy, pray and hoping for a better future. The market has evolved tremendously just like how computers do. With smartphones, computers and so many devices connecting the world, the sheer amount of volume in trading has increased exponentially that old and outdated tricks were caught and regulated which deemed useless nowadays.

However one thing don't change even the stock market changes, the human emotion is the ONLY thing that stays stagnant. Fear, Greed and Hope will always be there and if those doesn't change, then my Holy Grail strategy won't change either. To see an uncle win and lost back again, I am more determined to share my secrets and help his son. His father must have a big heart to take wins and losses which gained my utmost respect. I am also particularly delighted that he choose me to coach him. I mean there are a lot of other courses out there and he can chose others, but why me? I don't know either. Could be my trades in the past, could be my skills, knowledge and experience or could it be my confidence? There is only 1 thing in my mind now and that is to help him up to speed and get his trading skills up.

Over the years, I had been doing Contra trading and I know it can make you a fortune if you know how to. I had known many people who did it before and today was yet another classic example. To see an uncle who did it before and use Contra trading in the past to make millions was just amazing. The only thing that changed for Contra trading was in the past people used TV to see teletext for prices and now everything is computerized and charting became so readily available but where it was so scarce in the past that one had to draw charts using hand on a day by day basis. But the question is, with so much tools and information on the internet, why do people still loses $$? I had asked myself those questions in the past and I found a solution. The answer is if you want to make a lot of $$, you would have to go back to the primitive days of trading with lesser information and lesser data. I am writing in the context of Singapore Stock Market.

I know we have macro computers and algorithm these days, but what if I tell you I can be faster than those, would you believe me? Actually, it doesn't matter whether one believe it or not because I have done it so many times already and it's becoming a habit and a second nature to me. At the end of the day, as long as I continue to strive, help more people and make $$, that's all it matters.

Sembcorp continued it's downslide for the first half of the day. Oh well, yet another volatile session for the general market and Sembcorp Ind was whipping up and down for almost the entire day. This hungry student indeed is a true warrior with a no say die attitude. He shorted Sembcorp Ind and it's currently down a bit. I don't care how small or big he trades but more importantly, he executed. I am happy to have him as a student and I will help him on his trading journey. See you soon. :)

Ronald K - A Game Changer

How to be a Millionaire - Remember by Hard

It was another good viewing. Went to look for cheap properties for good value and saw something I really like. Speaking to the agent, it seemed as though the buyer is cutting loss at this current market condition. I won't low ball but I won't put in any good offering price because I know in the next 3-6 months, the price can be cheaper. The stock market move 6 months to 1 year ahead of the physical real world economy so if I can time my entry properly, I won't lose out a lot just like how I purchased my first property in 2009. See my record below.

http://stockmarketmindgames.blogspot.sg/p/track-trade-record.html

As I continue to grow and make $$, I know along the way I may pissed someone off or I may not pleased you. Please do me a favor, do not please me too because I don't need that. I received a quote from my student that to be a millionaire you need certain qualities. Read the attachment above and that's why I made it today. I am not born to please anybody but to do the best I can to my best interest. I only care about the success of my followers and choose to believe me. Continue your journey with me and see the light.

Ronald K - A Game Changer