Retired early to concentrate in investing. Develop strategies to trade. Enjoy sharing experience in investing. It is my fun to check out why some strategies work and some only work in certain market conditions.
I have to confess that I have never taken any class in economic. Being in IT, I have not written much. I learn fast though esp. when I lose money.
My confession as a trader:
Not a happy person. When I make big money, I'm sad to share with uncle Sam. When I lose money, I'm even sadder. Learning to be emotionally detached from ups and downs.
Having few friends. I cannot tell my secrets in detail unless I have to kill you. How many mutual fund managers expose their ...More techniques and what they're really buying? I rest my case. I work alone.
No contribution to the society. I used to write computer programs that my company can use them to stream line their operations. The only exception is taxes I contribute in good years. When I look at the poor in US having all those undeserved entitlements, I know my taxes have been misused.
Not to tell how successful I'm in my work. No one would give me an Oscar by beating 99% of the fund managers in a year. I almost wonder how much luck dictates our success/failure. A good trader should beat S&P in 5 years I guess. It is my superstition that the market would slap my cheeks when I tell how well I did, so it is better to keep IT to myself.
Money, the reward of my hard work, cannot buy health and happiness, but attracts jealousy and robbers/tax collectors.
Retired early to concentrate in investing. Develop strategies to trade. Enjoy sharing experience in investing. It is my fun to check out why some strategies work and some only work in certain market conditions.
I have to confess that I have never taken any class in economic. Being in IT, I have not written much. I learn fast though esp. when I lose money.
My confession as a trader:
Not a happy person. When I make big money, I'm sad to share with uncle Sam. When I lose money, I'm even sadder. Learning to be emotionally detached from ups and downs.
Having few friends. I cannot tell my secrets in detail unless I have to kill you. How many mutual fund managers expose their ... More