Bukang Tuna - A Lunch With Employee

It's was a super hot afternoon and the weather is killing most of us because it's so unbearable. So after meeting with a potential partner, I decided to bring one of my employee out for a good lunch. We went to the highly recommended Bukang Tuna where they sell fresh Korean seafood and authentic Korean dishes. I must say it's the first time I am eating a LIVE octopus and the taste of that baby octopus was quite good without any heavy seasonings. Couple with some of their signature dishes and the right ambience, everything was well served which blends perfectly into the food.

Today is a bad day in the market where nothing really moves except the stock I recommended last week which was Keppel Corp showed signs of weakness. Other than that, the rest of the stocks were like dead. I am happy that what I shared on my blog last Saturday materialized today when the market opened at 9am this morning. To be effective and good in the stock market, one needs to know how to pick and select the right counter to play, how to avoid certain days that the market is not moving and how to capitalized on opportunities when the market is moving and not buy/sell any stocks from hearsay. For me at least, I know when to take breaks, when to work harder and of course when to stop. I am satisfied with my skill set with what I accomplished.

http://stockmarketmindgames.blogspot.sg/2016/08/dow-jones-my-game-plan-next-week.html

http://stockmarketmindgames.blogspot.sg/2016/08/keppel-corp-3000-unrealized-profits.html

Ronald K - A Game Changer

Top 1 Sign That Tells You That Blue Chip is Dying Off

It was a fruitful session last week, as I conducted a 1-1 session with a passionate lady. I used Ezion as a classic example to show her why the stock was bearish since the beginning of this year when it was trading at 0.50+. Today the stock just tumbled to a low of 0.295, without any form of major support. A once glory blue chip at the peak 1.53+ to now a penny stock, it tells me that nothing is safe in the stock market and nothing will always rise forever. Life is the same, there are ups and there are downs. The most important thing to remember is during your peak period, capitalize on it as much as possible and when you feel that you have reached your pinnacle, step down and let the younger generation take over.

A lot of people know me as a stock trader but I bet none knew that I used to be a pauper too. Over the years, I have learnt a lot of real life examples from the stock market. The market is like my teacher and whenever I hit some roadblocks, it will teach me a lesson about life and trading. For example, most students when they have a question about trading/stocks, they would seek for my opinion and I would normally help them out. However in my situation, when I have doubts or questions about certain stocks, I have nobody to ask but the teacher itself. When I trade and lost money, I know my answer from the market, but when I made $ from it, I know my doubt was correct, that's how I learnt over the years, self independence, self reliance.

From there, I also learnt that stocks will always have glory moments and then there will be a shift of paradigm where the stock suffered some profit taking first followed by more heavy sell down. Nothing is indispensable like what most people thought the blue chips were all mighty. I learnt and understand that to succeed in life be it trading or other business, one has to adapt to changes because the world is changing very fast with a very fast pace. If you cannot move with changes, you will be obsolete in no matter of time. In the stock market perspective, what was once considered a heavy weight will soon one day be taken over by other growth stocks. In the next millennium, it's won't be the blue chips that will dominate anymore but rather small fundamentally good stocks that will have rooms to growth. Compared Keppel Corp, CityDev, Yangzijiang etc to the now Acromec, MM2 and Jumbo, you will see for yourself who is rising and who is declining.

Luckily for me, I am not a stubborn person in the stock market and I embrace adaptation and changes. That's my secret to success and more importantly, I found a way to look out for stocks that can germinate and then grow. To me blue chips is for trading purposes and not for buy and hold type. I would rather park my funds into good growth stocks but the problem is growth stocks sometimes need to be patient on waiting. I had found one growth stocks and will be hoping onto the bandwagon soon, how about you?

Ronald K - A Game Changer

Invest Fair 2016 - A Two Day Talk by Ronald K

Invest Fair 2016 this year has a lot of keynote and famed speakers. The crowd was usually huge and I believe everyone brought back something, be it a knowledge or an idea of the overall market. I conducted a simple talk on my booth and shared how to invest wisely on growth stocks, not trading but investments. As I am blogging now, today is such a bad day for the SG market underlying stocks, but the STI index moved higher instead. It validates what I see on a day to day basis on not correlating markets and stocks. See individual stocks is the most important. I will be sharing more tonight for those who are attending my talk later.

Ronald K - A Game Changer