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Sorry guys, haven't updated for a while. I had this post in my draft for quite a long time, I should have posted earlier.

Updated 15 July 2007 - This offer is now closed

I wish to say "Happy Father's Day" to my beloved dad and also to all dads around the world. The date of Father's day this year is 17th June if you don't remember (tsk tsk ;-) ).

I just want to remind all of you that the deadline for the FREE forex trading class ends on 15th June. Period. The Live Trading Room is originally valued at $145 per month and they are giving it everyday for free until 15th June 2007. What are you waiting for?

The bad month continues... :| . I stopped trading in the middle of May to get a breather. I think if I were to get revenge on the market, my funds will probably get less. I figured it was my desperation to break the $5k mark that clouded my decision-making as well.

Hello Everyone,

I have something G-R-E-A-T to share with all of you. I found a wonderful new resource that teaches forex trading. When I say “teaches” it’s not a textual website or a e-book, these lessons are conducted by real-time instructors presenting the lessons with audio and visual technology. It is not pre-recorded video so you can ask questions and get answers from the instructors along the way.

One of their free classes "The 200 Moving Average" just blew me away! I expected that they'd only teach what 200MAs are, but to my surprise, they taught the whole trading system which you can already use for trading!! From defining a clear profit target, defining stop losses, to how to enter the trade.

Not my proudest month. A combination of bad luck and stupidity: ROK's CFO resigned and caused the stock to drop like a tank, HOG was a gamble at the earnings play. I was also scaling up on OEX puts (Options intelligence picks) with the belief that the market is reaching resistance, but it didn't and kept on going up. I hate losing, and I'm losing badly in this month (May) too :(... ARGH!

Balance after exit trades made in November: $3,210.11 (-28.98%). Click "read more" to see my trades.

Happy Mother's Day to all mothers in the world!

Today marks the last day at my day job...

It took me a few months to consider whether to quit my job. I started to consider it seriously when my PPC campaign made about 900% ROI on top of my capital of $100 in December, that was when I converted my salary from Malaysian Ringgit to US Dollar and I realized that my gross pay in USD is around $700 a month... This is my salary after working more than two years at one of the big 4 accounting firms in the world... Imagine that. Don't get me wrong, $700 in Malaysia is a very decent income... but I never expected that my pay only amounted to $700 after conversion. That's even less than the minimum wage of $5.15 an hour in the States (Mine is around $4.38 an hour, less if I add in extra hours I put into the work). If people are viewing my life as a movie, they'd probably think it's a no-brainer that I should quit if I'm making $900 by spending less than 5 hours a week on it. However, being a very cautious person, my mind was playing ping pong with my thoughts:

All winners this month except for mistakenly putting a limit order instead of a stop loss on my OEX puts. I ended up buying half of my original purchase after the accident because the OEX trade was not part of the star trading system, I was not very confident about it. I used the support and resistance from the point and figure chart with 30 and 50MA indicators to decide whether to get in this trade. Thanks to Lastchance who enlightened me about support and resistance using point and figure charts. He's been trying to get me to learn it for months and I only picked it up after he's successfully done a few trades.

The good thing about all these trades was that I made the sell decision based on the support and resistance and so far they are doing okay. It feels good to be certain about when to exit.

Balance after exit trades made in November: $4,519.78 (+18.94%). Click "read more" to see my trades.