Q4 2025

  




















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On... My Business Model

 Last post , I wrote that trading should be done like you're running a business. If so, what kind of business would I be running?  The business model that I best want to replicate is a casino business ( see this video , if you want to skip the rest of the blog post ). Most people that I talk to, thinks that investing or trading is a form of gambling. Is trading or investing really gambling? This topic is rather divisive and it depends on who you ask. Well if it truly is gambling, I would want to play the part of the casino, because as they say, the house always wins.  How does the casino make money? By having a positive expectancy.  They don't have to make money on every bet, but over large number of bets, the profit has to be bigger than the loss. In terms of trading, my winning percentage is not really that great but as long as the average winners are bigger than the average losers, that is good enough. Year to date for 2021 ( over 133 number of trades ), my winnin...
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On... the Short Cut

Punk 6529 had a Twitter thread titled " On Making It ". It is a good thread and something that I do think about from time to time. TLDR of the thread is as follows. Live can be divided into 5 levels financially. Level 1 is barely enough to survive. Level 2 is living paycheck to paycheck. Level 3 is living comfortably. Level 4 is Super Rich Level 5 is Nirvana. My personal opinion or net worth range that I apply is as follows. Level 1 - 0 to 1k$. Level 2 - 1k to 100k$. Level 3 - 100K to 10mil$. Level 4 - more than 10mil$. Level 5 is when you're happy with your net worth. This is a very special level because it is not defined by your net worth but defined by your own satisfaction. This is of course a very rough representation of what Punk 6529 is talking about. I have lived my life mostly in Level 3. Grew up in a Level 3 Family when I finally got a job and is pursuing my own career, I was mostly in Level 3. Early in my career, as an ambitious young man, I have considered tha...
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On... Running a Business

Trade like you're running a business, not like it's a hobby. Because business makes money and hobby costs money.  Well, to be honest, a lot of business don't make money and they go bankrup, but that's not how we want our trading/investing to end. So what is the criteria of running a successful business? To me, three things come to mind. 1.Money, 2.Time and 3.Luck. 1.Money. Every business require money. Capital Expenditure to start the business and Operating Expenditure to keep the business running. So, if we want to run our trading as a business we should be prepared to fork out some capital to get it started and also to expect some monthly expenses to keep our trading business running. Example of Operating Expenditure can be our trading losses. If we're not prepared to take losses, then we can't run our trading as a business. Of course we would like the profit to more than the losses over a long period of time, but in the short term, losses are inevitable.  2.T...
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