Monday, December 3, 2012

4 Dec


Aim:

try 2 MA and 5 MA

How to manage my time effectively ?

Train myself to accept discipline, simple life, peace at heart, hard work, focus and perseverance.

Sleep by 10.45pm.

now is eternity

Focus - no distraction



control GERD


Memorise One Bible verse per day. 

Diet

Exercise 



Pumping


Dumbbell curl

Reverse Dips

Free Squat

Leg Raises

patient is the most overlook

christian book on calm and expect less

Qigong breathing exercise all the times

No Gossip, No meddle on other people business


做一个心平气和的人 - Live in Peace, not excitement


More choices


Positive self talk

gamblers lost money due to increasing the betting amount, because the probability is always the same, so cannot have poor money management, money management is most vital, don't suddenly up the bet, no logic.



learn from Uncle Lim more, but don't follow blindly, use my creativity to create new method.





value, what value you can offer, what value people see in you, what value people attract to you. to avoid disappointment, don't expect too much from others.

How to increase your value ? how to add value to yourself ? you must do it, Yes I can.

Focus on Your Dream.

I am doing very important task now, Forex !

How to find a motivation factor ?????

Faith:

want perfection ? stupid, no perfection in this world, looking for stress and trouble, open the heart and accept anythings, be kind to yourself and others, be open don't sad and angry, take it easy.


love come from heart, feeling, don't come from talk, feel the love.


Emotion must use heart to feel not by speech

don't expect too much from others, lower your expectation on others. but have to set very high standard for myself. then I will strive hard to achieve it. because I can't control others, but I can control myself.


Finance:

in Forex when a sharp trend stop, careful and run.

no patient is my weakness in Forex, be slow and patient, wait for the right time to trade. wait for the trend to stop then trade.

“Control Your Own Destiny or Someone Else Will” 

forgot about magic numbers or trend or streak, it is totally randomly independent, if you believe in it, it will destroy you.


in Roulette, if the luck is bad, stop after one loss, then try again, if lose again, stop again, try third times if lose again, stop again. don't force.

Discipline & Self Control

One block

my strategy is (stop after any lose)

bet $10 each on Roulette, if win (65% winning chance) +10

bet $10 each on Roulette, if win (44% winning chance) +10

bet $20 on baccarat if win (50% winning chance) +20

bet $20 on baccarat if win (25% winning chance) +20

when win $100, stop. 
then start another block again, this time the target is lower to $50. If have time (weekend, Holiday), third target is $30.

struggle for long period, up down within a range, then wait for a big break.


Lessons:

not worth to hang on the contract for short term scalping trade, have profits must run.

no profits must hold.

must find money magt method for casino and forex, examples:
$10 x 2 = $20, then roulette bet $10 x2 and baccarat bet $20 per bet,
if roulette bet $20 x 2 = $40, then baccarat bet $40 per bet

for forex must find a trading amount, per how many contracts for every trade , what amount to take profits ???? when to run ???? must decide with strategy.

don't assume, just follow the chart.

follow long term plan better.


forex, don't rush in with additional contracts, wait for the right time, must study and learn and find out the timing to enter ????? don't rush in ????


for scalping, don't greedy.


which one is better, baccarat or roulette ????base on odds ?

baccarat, study the the money mgt and betting amount and betting frequency ????


draw lines for top middle and bottom, then bet accordingly. high range sell, middle trade, bottom buy.

Soros renamed his fund...Quantum Fund, in tribute to Heisenberg's uncertainty principle in quantum mechanics. That principle asserts that it is impossible to predict the behavior of subatomic particples in quantum mechanics, an idea that meshed with Soros's conviction that markets were always in a state of uncertainty and flux that it was possible to make money by discounting the obvious, and betting on the unexpected.




Health:



Attachments:

For those following the usual pre RBA policy decision conjecture would no doubt be aware a cut at today's meeting is odds-on favourite. Interest rate markets are pricing in a strong chance Glenn Stevens and Co will slice off another 25bps from overnight cash rate, and although we would argue these odds are overstated, there is a case to suggest a near-term rate cut is on the agenda.

Must Read
Firstly what we know is the Reserve Bank is not overly worried about inflation. This is clearly stated in the September policy meeting minutes which notes the domestic inflation outlook provides "scope" to respond to any "significant deterioration in the outlook for growth." This inflation assessment may suggest the board does not deem it essential to wait until further CPI data to be made available before adjusting rates; however it would be wise to assume a fresh take on inflation would be desirable. We can also glean from recent correspondence the RBA has delicately downgraded China's growth prospects by omitting the sentence, "tentative signs that Chinese growth might be stabilising at a more sustainable pace." The bank has also recently acknowledged the implications of the high Aussie dollar, noting the high exchange rate was "weighing more heavily on the economy than might be expected." If we really want to look for more cryptic messages, the last policy statement brought the time element into the equation, stating "At today's meeting" the stance of monetary policy remained appropriate. Although clutching at straws, this may suggest the decision may have been more finally balanced then the statement suggested. So with a domestic economy suffering under the weight of a high exchange rate, a softer Chinese growth outlook and ongoing dramas from both sides of the Atlantic, there is a case to suggest theRBA may undergo precautionary easing.



Nevertheless the question remains, will the Reserve Bank cut rates in effort to
soften the Aussie dollar, and more importantly will it work? We believe the answer to both questions is a resounding no. Despite growing calls to do so, history suggests theRBA does not seek to influence the exchange rate (at least publicly) by lowering the cash rate or by direct intervention for that matter. Although it may produce an immediate burst of weakness, it's important to remember the Australian dollar is representation of a strong economy in comparison to global counterparts. Unless the board decide to embark on an aggressive series of interest rate cuts, Australia's yield advantage assures the Aussie dollars risk credentials will remain firmly intact, rendering the local unit at the mercy of global risk trends not tentative prospects of policy tweaking. Despite a possible rate cut today, the Aussie's performance will remain contingent on global market sentiment and of course highly reactive to policy changes abroad, namely the Fed's latest QE effort. We only need to look to Japan to understand the hazards of rowing against the rapids, and the RBA are all too aware of the implications of such a move.
While we can construct a case today's decision will be finely balanced, it won't be an effort to directly influence the exchange rate - this alone minimises the chance of preemptive action at today's meeting. At the time of writing the Australian dollar is buying 103.55 US cents.

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