Sunday, June 24, 2012
God & Traders
Sunday, June 10, 2012
Life. Diablo.
...
Well, not really sucks, but it makes u realize what are the 3 most important things in life.
Gold, Luck, and Companion.
Saturday, June 2, 2012
Come Into My Trading Room: A Complete Guide to (Obscenities Commonly Heard During) Trading
-when rest of the market is moving in favor of our position
"Seh seh seh... siao liao la!!!"
-when the rest of the market is moving against our position ("seh" means dizzy)
"Wa lan eh, seh la!!!"
-when the rest of the market is moving against our position, version 2
"CCB FUCKERS, now gimme 50 cents! 50 cents! Give! Now!"
-when demanding for a miracle
"Please la, Osaka God, gimme 50 cents... Osaka God... 50 cents... Please please please..."
-when begging for a miracle ("Osaka" here refers to the contract we trade in)
"Wa song song song! Heehee!"
-when miracle happens
"WTF?!??"
-when in disbelief
"CCB Fuckers!!!"
-when someone doing something funny with the market
"Wa liew... very tired la... give me some easy trades la..."
-when market very tough
"Sian la... don't know how to trade la..."
-when market very tough, version 2
"Tap out, tap out... very tired la... tap out..."
-when our position is unfavorable and is begging to scratch ("tap out" is a wresting term which means surrender. "Scratch" means exit position at break even)
"Oh shit shit shit..."
-when something demands instant reaction
"Ooo song!"
-when taking profit
"TMD CCB FFUUUUUU!!!"
-when taking a loss
"Wa lao eh... FUCK MY LIFE!!!"
-when taking consecutive losses
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After a week of intensive emotional outbursts, I feel like going into the forest and meditate for seven seven forty-nine days.
Life.
Fighting for your existence everyday.
Another colleague disappeared today. Just a simple handshake and "All the best", and then,
He was gone.
As another colleague love to say,
"FUCK MY LIFE!"
Lol!
Mine is a cruel world. Will continue to fight.
Fighting makes you feel alive.
:)
Sailor
词曲:郑智化
苦涩的沙吹痛脸庞的感觉
像父亲的责骂母亲的哭泣
永远难忘记
年少的我喜欢一个人在海边
卷起裤管光着脚丫踩在沙滩上
总是幻想海洋的尽头有另一个世界
总是以为勇敢的水手是真正的男儿
总是一副弱不禁风孬种的样子
在受人欺负的时候总是听见水手说
他说风雨中这点痛算什么
擦干泪不要怕至少我们还有梦
他说风雨中这点痛算什么
擦干泪不要问为什么
长大以后为了理想而努力
渐渐的忽略了父亲母亲和
故乡的消息
如今的我生活就像在演戏
说着言不由衷的话戴着伪善的面具
总是拿着微不足道的成就来骗自己
总是莫名其妙到一阵的空虚
总是靠一点酒精的麻醉才能够睡去
在半睡半醒之间仿佛又听见水手说
他说风雨中这点痛算什么
擦干泪不要怕至少我们还有梦
他说风雨中这点痛算什么
擦干泪不要问为什么
寻寻觅觅寻不到活着的证据
都市的柏油路太硬踩不出足迹
骄傲无知的现代人不知道珍惜
那一片被文明糟踏过的海洋和天地
只有远离人群才能找回我自己
在带着咸味的空气中自由的呼吸
耳畔又传来汽笛声和水手的笑语
永远在内心的最深处听见水手说
他说风雨中这点痛算什么
擦干泪不要怕至少我们还有梦
他说风雨中这点痛算什么
擦干泪不要问为什么
http://www.youtube.com/watch?v=Ewy0wrkOfyg
* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
Sometimes you will hear songs that will resonate within you.
Tuesday, May 29, 2012
Luck
- Seneca (Roman philosopher, mid-1st century AD)
Sunday, May 27, 2012
The Truth
What is the "Truth", or the "Reality" (about anything)?
The short answer is, there is no such thing as the Truth or the Reality.
Everything thing we see is filtered and colored through our perception, i.e., our five basic senses, our previous experiences, our mental wiring etc etc. No one see the same thing in the exact same way.
Take a simple chair for example, even though it is just a simple chair, we consciously or subconsciously form opinions about it - a comfortable chair, an ugly chair, a red chair, even a "simple" chair. So what is the universal Truth/Reality about this chair? Nope, there is none. No one see the chair the same way.
Having agree that there is no universal Truth / Reality, here is the next question:
How do Conflicts arise?
Conflicts arise when two different person's truths / realities are different from each other, and they both insist so strongly on them that they try to make the other person see their version of the truth / reality.
However, in my opinion, the conflicts are absurd and unnecessary, since there is no universal Truth / Reality. Everything is just a matter of perceptions. If everyone can see the Truth and Reality for what it is, which is simply a series of different perceptions, then everyone will be able to understand everyone else perfectly! Won't that be a wonderful world to live in?
However, given that we do not live in a perfect world, how can we make use of this insight After all these ramblings, how should we see the world?
So what exactly is the Universal Truth?
My Truth is simple. Truth is...
Whatever that works.
What do I mean by "whatever that works"? "Works" can mean myriad of things - Confirming observation, make money, bring happiness etc.
Let me give an example. For thousands of years, people's truth/reality was that the Sun revolves around the Earth. It had worked for them for thousands of years (confirmed their observation, boosted their ego, made them happy etc), so there is nothing wrong with it.
Until one day, Copernicus found that that particular truth/reality doesn't work so well anymore (doesn't fit new observations), and thus, he changed it. Today, we believe that the truth is that the Earth revolves around the Sun. So it is the current truth until somebody else changes it. Simple as that.
The same applies to everything else. Evolution Theory, Technical Analysis, God, what I / other people should or should not / can or cannot do etc etc.
All that matters is whether it works.
Hence, to summarize, there are 4 levels to Truth & Reality -
Level 0: Truth is the truth (as you perceive it to be or think it is).
Level 1: Truth is there is no Truth.
Level 2: Truth is whatever that works.
Keep an open mind and open your eyes. Look beyond what you think is the truth & reality, you will see the infinite possibilities and reveal the Truth & Reality for what it truly is.
P.S. Actually there is a Level 3 that is more advanced:
Level 3: Truth is what we choose to create. After knowing Level 1, we consciously create, change, manipulate the Truth as we see fit.
(But attempts to do these will have unintended consequences. So, for all practical purposes, we will just stick to level 1 and 2.)
P.P.S. Perhaps, this post is an attempt of Level 3 truth.
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Buddha was seated among his disciples one morning when a man approached the gathering. “Does God exist,” he asked. “Yes, God exists,” Buddha answered. After lunch, another man appeared. “Does God exist?” he asked. “No, God does not exist,” Buddha answered. Late in the day, a third man asked Buddha the same question, and Buddha's response was: “You must decide for yourself.” “Master, this is absurd,” said one of the disciples. “How can you give three different answers to the same question?” “Because they were different persons,” answered the Enlightened One. “And each person approaches God in his own way: some with certainty, some with denial and some with doubt.”
Horoscope
AQUARIUS
The forbidden colors are reddish green and yellowish blue, invisible because the cells of your retina are not built to register them. But scientists have found a way for a few lucky people to glimpse the hues. Aquarius, I suspect you are close to experiencing a metaphorical version of this breakthrough- see something that is supposedly impossible to see.
- freewillastrology.com
Sunday, May 13, 2012
Last Lecture
http://www.youtube.com/watch?v=ji5_MqicxSo
We cannot change the cards we are dealt, just how we play the hand.
Have something to bring to the table, because that will make you more welcome.
I probably got more from that dream and not accomplishing it than I got from any of the ones that I did accomplish.
You’ve got to get the fundamentals down because otherwise the fancy stuff isn’t going to work.
When you see yourself doing something badly and nobody’s bothering to tell you anymore, that’s a very bad place to be. Your critics are your ones telling you they still love you and care.
Experience is what you get when you didn’t get what you wanted.
Head fake learning is absolutely important, and you should keep your eye out for them because they’re everywhere.
The brick walls are not there to keep us out. The brick walls are there to give us a chance to show how badly we want something. Because the brick walls are there to stop the people who don’t want it badly enough.
It’s pretty easy to be smart when you’re parroting smart people.
It’s very important to know when you’re in a pissing match. And it’s very important to get out of it as quickly as possible.
Until you got ice cream spilled on you, you’re not doing field work.
I can’t tell you beforehand, but right before they present it I can tell you if the world (his students project work) is good by the body language. If they’re standing close to each other, the world is good.
If you’re going to do anything that pioneering you will get those arrows in the back, and you just have to put up with it. I mean everything that could go wrong did go wrong.
Somewhere along the way there’s got to be some aspect of what lets you get to achieve your dreams. First one is the role of parents, mentors, and students.
And he (Andy Van Dam) said, Randy, it’s such a shame that people perceive you as so arrogant. Because it’s going to limit what you’re going to be able to accomplish in life.
You just have to decide if you’re a Tigger or an Eeyore.
I have a theory that people who come from large families are better people because they’ve just had to learn to get along.
Loyalty is a two way street.
Syl said, it took me a long time but I’ve finally figured it out. When it comes to men that are romantically interested in you, it’s really simple. Just ignore everything they say and only pay attention to what they do. It’s that simple. It’s that easy.
You can’t get there alone. People have to help you and I do believe in karma. I believe in paybacks. You get people to help you by telling the truth. Being earnest.
I’ll take an earnest person over a hip person every day, because hip is short term. Earnest is long term.
Apologise when you screw up and focus on other people, not on yourself.
Don’t bail. The best of the gold’s at the bottom of barrels of crap.
Get a feedback loop and listen to it. Your feedback loop can be this dorky spreadsheet thing I did, or it can just be one great man who tells you what you need to hear. The hard part is the listening to it.
Don’t complain. Just work harder. That’s a picture of Jackie Robinson. It was in his contract not to complain, even when the fans spit on him.
Be good at something, it makes you valuable.
Find the best in everybody. Just keep waiting no matter how long it takes. No one is all evil. Everybody has a good side, just keep waiting, it will come out.
Be prepared. Luck is truly where preparation meets opportunity.
It’s not about how to achieve your dreams. It’s about how to lead your life. If you lead your life the right way, the karma will take care of itself. The dreams will come to you.
Saturday, May 5, 2012
A Pen is a Wand
A Pen is a Wand.
And a very powerful wand at that. It has the power and magic to create an entire world, fueled only by the imagination (mana) of the writer.
Powerful.
Books I Have Read Since I Joined A Proprietary Trading Film on 20 Feb 2012
(Updated on 12 Aug 2012)
1. Compleat Day Trader by Jake Bernstein *
2. Compleat Day Trader II by Jake Bernstein *
3. Trading For A Living by Alexander Elder *
4. The Trader's Guide to Key Economic Indicators by Richard Yamarone *
5. The Secrets of Economic Indicators by Bernard Baumohl *
6. Mind Over Markets by James F. Dalton, Eric T. Jones, Robert B. Dalton *****
7. How to Get Started in Electronic Day Trading by David Nassar ***
8. Wisdom of Crowds by James Surowiecki ****
9. Markets, Mobs, and Mayhem by Robert Menschel ***
10. Studies in Tape Reading by Richard Wyckoff ***
11. The Day Trader Survivor Guide by Christopher Farrel ***
12. Japanese Candlestick Charting Technique by Steve Nelson *
13. Secrets of Trading Pros by Jack Bouroudjian **
14. The Market Never Sleep by Thomas L. Busby **
15. Techniques of Tape Reading by Vadym Graifer & Christopher Schumacher ***
16. Rules of the Trade by David Nassar **
17. How to Trade in Stocks by Jesse Livermore **
18. Markets in Profile by James F. Dalton, Eric T. Jones, Robert B. Dalton **
19. The Trading Edge by Ricky Cheng *
20. The Art of the Trade by Jason Alsan Jankovsky ****
21. Time Compression Trading by Jason Alsan Jankovsky ****
22. Black Swan by Nassim Taleb ****
23. Fooled by Randomness by Nassim Taleb *****
24. Enhancing Trader Performance by Brett Steenbarger ****
25. Psychology of Trading by Brett Steenbarger ****
26. Intermarket Trading Strategies by Markos Katsanos **
27. Trading in the Zone by Mark Douglas ***
28. Reminiscences of a Stock Operator by Edwin Lefevre *****
29. The New Paradigm for Financial Markets by George Soros ***
30. Trader Vic - Methods of a Wall Street Master by Victor Sperandeo ****
31. Trader Vic II - Principles of Professional Speculator by Victor Sperandeo ***
32. Predatory Trading & Crowded Exits by James Clunie **
33. Trade with Passion and Purpose by Mark Whistler **
34. Performance Trading by Steve Ward *
35. World Event Trading by Andrew Busch ***
36. All About High-Frequency Trading by Michael Durbin**
37. The Education of a Speculator by Victor Niederhoffer *****
38. How I Trade for a Living by Gary Smith **
39. Trading Secrets by Simon Thompson **
40. The Speed Traders by Edgar Perez ***
41. Hedge Funds Myths and Limits by Francois-Serge Lhabitant ***
42. Inside the Black Box by Rishi K Narang
43. The Magic by Rhonda Byrne
44. Market Wizards by Jack Schwager ****
45. New Market Wizards by Jack Schwager ****
46. Super Strategies for Puzzles and Games by Saul Levmoew and Elizabeth Early Cook
47. Understand Arbitrage by Randall S. Billingsley (Read half) ***
48. Pair Trading Quantitative Methods and Analysis (Read half) ****
Currently Reading:
1. Understand Arbitrage by Randall S. Billingsley
2. Practical Speculation by Victor Nederhoffer and Laurel Kenner
3. Basic Black Scholes by Timothy Crack
4. Econometrics of Financial High-Frequency Data by Nikolaus Hautsch
Stars rating represents only my personal liking. All are nice books (but some are nicer than the others). :)
Poker Rules
World class poker rounder and poker player, Thomas Austin Preston Jr. aka "Amarillo Slim" died of colon cancer yesterday at the age of 83. Known as a real solid poker player, he was also a great prop hustler, one of the best on the planet.
Slim listed 10 rules for poker success that have relevance in trading.
1. Play the players more than you play the cards.
2. Choose the right opponents. If you don't see a sucker at the table, you're it.
3. Never play with money you can't afford to lose.
4. Be tight and aggressive; don't play many hands, but when you do, be prepared to move in.
5. Always be observing at a poker game. The minute you're there, you're working.
6. Watch the other players for "tells" before you look at your own cards.
7. Diversify your play so others can't pick up your tells.
8. Choose your speed based on the direction of the game. Play slow in a fast game, fast in a slow game.
9. Be able to quit a loser, and for goodness' sake, keep playing when you're winning.
10. Conduct yourself honorably so you're always invited back .
Thursday, May 3, 2012
Dalai Lama
"Man - because he sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present, the result being that he does not live in the present, or the future, he lives as if he is never going to die and then he dies having never really lived."
Saturday, February 11, 2012
Rubbish
Because too much input these days:
Psychology, persuasion, trading, hypnosis, finance, mentalism, philosophy, stories, plays, hustles... books, videos, plays...
When there is input, there is output. After digestion...
Rubbish.
P.S. 有了工作,生活还能这样充实吗?
Friday, February 3, 2012
The meaning of life is...
... to listen to the waves flapping gently against the beach and realize it is beautiful.
... to feel the wind blowing gently on your face and realize it is beautiful.
It is a beautiful day.
Thursday, February 2, 2012
Stan Lai's Plays
Plays:
《暗戀桃花源》(【表演工作坊】演出,1986) 4.9!/5.0
http://www.tudou.com/programs/view/kx876QpCg7c/
《十三角關係》(【表演工作坊】演出,1999) 4.2/5.0
http://www.tudou.com/programs/view/sgLIOk6IoeQ/
《亂民全講》(【表演工作坊】演出,2003)4.3/5.0
http://www.tudou.com/programs/view/kiHdDZKXbyQ/
Cross Talk Series
《那一夜,我們說相聲》(【表演工作坊】演出,1985;1993重演,1994美國、亞洲巡迴) 3.2/5.0
http://www.tudou.com/programs/view/hUEni1NeNzQ/
《千禧夜,我們說相聲》(【表演工作坊】演出,2000-2001;北京、上海巡演、2001;片段參加中央電視台春節聯歡晚)4.5!/5.0
http://www.tudou.com/programs/view/WQFs9zfXH-o/
《這一夜,Women說相聲》(【表演工作坊】演出,2005;新加坡巡迴演出、2005;北京版大陸巡迴,2007)4.4!/5.0
http://www.56.com/u84/v_NjE2MTI3NDU.html
《又一夜,他們說相聲》(【表演工作坊】演出,1997)4.2/5.0
http://video.google.com/videoplay?docid=5252833579897641952#docid=1492879871952724539
《臺灣怪譚》(【表演工作坊】演出,1991)
http://www.tudou.com/playlist/id3745078.html
Complete info about Stan Lai including list of all his plays:
http://zh.wikipedia.org/wiki/%E8%B3%B4%E8%81%B2%E5%B7%9D#.E5.8E.9F.E5.89.B5.E8.88.9E.E5.8F.B0.E5.8A.87.EF.BC.88.E7.B7.A8.E5.8A.87.E8.88.87.E5.B0.8E.E6.BC.94.EF.BC.89
Satisfied. :)
Wednesday, February 1, 2012
电影《一一》的经典台词
*****************************************
"电影发明以后,人类的生命比起以前至少延长了三倍!"
*****************************************
"你看到的我看不到,我看到的你看不到,那我怎么知道你在看什么呢?
我们是不是只能看到一半的事情。好像我只能看到前面看不到后面。"
*****************************************
"你看,这些年,我这么辛苦,我这么努力,从早忙到晚额,NJ你知不知道,我一点也不快乐。"
" 做的都不是自己喜欢做的事 ,又怎么会快乐呢?"
*****************************************
"婆婆,对不起,不是我不喜欢跟你讲话。只是我觉得我能跟你讲的,你一定老早都知道了,不然你就不会每次都叫我“听话”。就像他们都说你走了,你也没有告我我你去了哪里。所以我觉得,那一定是我们都知道的地方。婆婆,我不知道的事情太多了。所以,你知道我以后想做什么吗?我要去告诉别人他们不知道的事,给别人看他们看不到的东西。我想,这样一定天天都很好玩。说不定,有一天,我会发现你到底去了哪里。到时候,我可不可以跟大家讲,叫大家一起过来看你呢?
婆婆,我好想你。尤其是我看到那个还没有名字的小表弟,就会想起你常跟我说,你老了。我很想跟他说,我觉得,我也老了。"
Tuesday, January 31, 2012
Mexican Fisherman
An American tourist complimented the Mexican fisherman on the quality of his fish and asked how long it took him to catch them.
"Not very long," answered the Mexican.
"But then, why didn't you stay out longer and catch more?" asked the American.
The Mexican explained that his small catch was sufficient to meet his needs and those of his family.
The American asked, "But what do you do with all your time?"
"I sleep late, fish a little, play with my children, and take a siesta with my wife. In the evenings, I go into the village to see my friends, have a few drinks, play the guitar, and sing a few songs...I have a full life."
The American interrupted, "I have an MBA from Harvard and I can help you!
You should start by fishing longer every day. You can then sell the extra fish you catch. With the extra revenue, you can buy a bigger boat. With the extra money the larger boat will bring, you can buy a second one and a third one and so on until you have an entire fleet of trawlers.
Instead of selling your fish to a middle man, you can negotiate directly with the processing plants and maybe even open your own plant."
"You can then leave this little village and move to Mexico City, Los Angeles, or even New York City! From there you can direct your huge enterprise."
"How long would that take?" asked the Mexican.
"Twenty, perhaps twenty-five years," replied the American. "And after that?"
"Afterwards? That's when it gets really interesting," answered the American, laughing. "When your business gets really big, you can start selling stock and make millions!"
"Millions? Really? And after that?"
"After that -- and this is the best part -- you'll be able to retire, live in a tiny village near the coast, sleep late, catch a few fish, take a siesta, and spend your evenings drinking and enjoying your friends!"
* * * * * * * * * * * * * * * * * * * * * *
Although I am broke, sometimes, I have the feeling that most of my friends are working their ass off so that they can have the life I am leading now when they are 65.
Peaceful...
Thursday, September 15, 2011
Thursday, April 14, 2011
Why I Want to be Trader?
1. Freedom - As a trader I can choose to trade wherever I wants, whenever I wants (mostly), and the rest of the time, do whatever I wants.
2. Independence - Working under an organization means your income (lifeline) is under the control of that organization. It is like another person is putting a hand around your throat, 非常不舒服. A family doctor, a lawyer, a boss, a trader controls their own income. An engineer doesn't.
3. Compounding - Trading (and investing and doing businesses) is a way to "钱生钱", as compared to "劳力生钱". "钱生钱" is a positive feedback cycle, as in 钱生钱生钱生钱生钱生钱 etc etc etc. Wealth grow faster this way. Very much faster.
I imagine there are 3 stages of goals in my life after I graduate.
Stage 1: Earn capital
Stage 2: Grow capital
Stage 3: Spend capital
Stage 1 is comparable to finding seeds. Stage 2 is like planting the seeds to grow fruits, and then use the seeds from the new fruits grown to grow more fruits. Stage 3 is... just to enjoy the fruits. :D
As of now, Stage 1 will be completed on the 20 May 2011. Stage 2 will be starting soon. Stage 3... I will "worry" about it when the time comes. Most likely it will involve travelling around the world, sport car(s), condo(s), piano, and maybe volunteer works. =)
Friday, January 28, 2011
Blogging
For those bloggers who gave up blogging, perhaps they also gave up a piece of themselves somewhere along the process. A piece which they locked up away into the deep recess of their mind. Its voice muted, lost in the din of the hustle and bustle of everyday mundane life.
Until they blog again.
Wednesday, June 10, 2009
Back 2
Saturday, May 30, 2009
Back
Friday, May 22, 2009
Hall Allocation
Thursday, May 14, 2009
Movies
Monday, March 30, 2009
New hobbies
Thursday, March 26, 2009
World Peace
Wednesday, March 11, 2009
Random random
Monday, February 23, 2009
Random
Sunday, February 15, 2009
Touched Down
The time here now is 7am Sunday, equivalent to Singapore 9pm Sunday, 14 hours earlier in Singapore. The temperature here is around 0 Degree Celsius. Going outside now is equivalent to going into a freezer, it's damn cold. Steam will come out of your mouth when you breath here. Better stay in my apartment... though it is also damn cold in here. And btw, my apartment here is surprisingly big. I have a room and toilet and a queen size bed all to myself. Shiok! It almost feels like it is worth it to suffer 24+ hours just to get here. Almost. Hopefully the rest of the 3 months will be just as shiok.
Mind is still a bit groggy as I can't sleep since I woke up at 4am just now (equivalent of 6pm in Singapore... you know, knock off timing). Feel free to message me if you need anything from US.
Happy Belated Valentine's Day!