I started my investing journey 10 years ago in July 2012 and my options trading journey started last year in late Feb 2021. In Dec 2021, I ended all my bad investments over the first 9 years of my investing journey by cutting a $135k loss on stocks such as SPH, Keppel Corp, Sembcorp Marine, … Continue reading 6 Lessons Learnt After Losing 551k In 10 Years Of Investing & Options Trading | What Newbies Should Know They Start Investing/ Trading
Tag: financial literacy
I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)
I finally did it! I closed all my LEAPS CALL positions over 2 days on 13th and 15th Dec 2022 at a total loss of SGD333.8K (USD245.6K). There were contracts that I could not close because there were no more buyers, such as those expiring on Jan 23, as the current value is already $0. … Continue reading I Closed All My Remaining LEAPS CALL Positions At A Total Loss of SGD415K (USD306K)
I Followed A Guru And Lost USD6.15K In A Month | Sharing My Experience From Joining A Paid Trading (Discord) Group
I wrote this article to share my experience of joining a paid trading group on Discord, so that you can use it as a reference or as part of your consideration for joining a paid trading group, an investment course, or something similar. This is by no means criticizing any guru or discouraging anyone from … Continue reading I Followed A Guru And Lost USD6.15K In A Month | Sharing My Experience From Joining A Paid Trading (Discord) Group
How Does Bull PUT Spread Work? | PUT Credit Spread Explained For Newbies (Part 2 of 4)
This is the part 2 explanation of the 4 Vertical Spread options strategies where I will explain more in-depth my favorite vertical spread strategy for bullish play, which is the Bull PUT Spread Strategy. The 4 vertical spread strategies are summarised below: A bull PUT spread is an options strategy that an investor uses when … Continue reading How Does Bull PUT Spread Work? | PUT Credit Spread Explained For Newbies (Part 2 of 4)
Top 3 Technical Analysis (TA) Experts (YouTubers)
I have been watching YouTube financial videos since 2020 and have learned a great deal through these free resources, especially the fundamentals of options trading. I still put in a good amount of time now watching financial videos every day because I feel that it is important to be updated on the latest happenings going … Continue reading Top 3 Technical Analysis (TA) Experts (YouTubers)
How Does Bear CALL Spread Work? | CALL Credit Spread Explained For Newbies (Part 1 of 4)
This is the first of the 4 articles, in which I will go deeper to explain the 4 vertical spreads, for a greater understanding of how to use them in different market conditions. To quickly recap these are 4 vertical spreads options strategies that I have covered previously. In this article, I will be sharing … Continue reading How Does Bear CALL Spread Work? | CALL Credit Spread Explained For Newbies (Part 1 of 4)
Vertical Spreads Options Strategies Explained For Newbies | A Simple Way To Understand And Remember Vertical Spreads
I have long avoided using vertical spreads for a few reasons and choose to use simple one-legged options strategies such as selling/ buying PUT/ CALL contracts. One of the reasons was that I found vertical spreads quite complicated and confusing. Thus, I decided to stick to the most basic of options strategies, that is to … Continue reading Vertical Spreads Options Strategies Explained For Newbies | A Simple Way To Understand And Remember Vertical Spreads
Chicken Genius Singapore: More Pain To Come For Tesla
This is an interesting and insightful video from long-term Tesla bull, Chicken Genius Singapore aka Ken, on why he is bearish on the short and mid-term outlook of Tesla and his target price of $140, which is $420 pre-split. Here are some points that he mentioned that may be worth pondering, especially if you are … Continue reading Chicken Genius Singapore: More Pain To Come For Tesla
How Much Is Enough For Retirement Or Emergency Funds? | How I Calculate My Monthly Expenses
Many people like to set a target of 1M dollars as the amount they need for retirement without actually confirming if it is too much or too little. If your expenses add up to $20,000 a month because you are living in a landed property with 2 posh cars, then 1M is probably going to … Continue reading How Much Is Enough For Retirement Or Emergency Funds? | How I Calculate My Monthly Expenses
10 Ways To Save Money To Help You Fight Inflation & Rising Costs Of Living
Inflation is making many essential items expensive and resulting in a higher cost of living. Other than trying to earn more money to cope with the rising costs, it is also important that we watch our expenses and find ways to spend less, and save more so that we will always have more each month. … Continue reading 10 Ways To Save Money To Help You Fight Inflation & Rising Costs Of Living
Learning Investment With Jason Cai 