5 Things I would not do if i win the 12 million TOTO - forex trading yields

5 Things I would not do if i win the 12 million TOTO ~ forex trading yields

Inspired by my favourite blogger who blogged about 10 things he wouldnt do if he won the USD 900 million powerball draw on 19th January 2016 in US, i decided to do up a list of 5 things i would not do should i win Singapores yearly Chinese New Year grand TOTO draw. This year,
the amount up for grab is SGD 12 million! 

Here are 5 things i would NOT do if i win the TOTO!

1. Not hire a fund or financial manager to manage my money for investments and savings. (I have never handled so much money and too many reports showing how people blow up their winnings within months.)
2. Tell everyone and announce to the whole world. Its good to share the joy but i would also be inviting trouble if kidnappers come along or strangers making friends with me. In time to come, people might know but thats about it. If you know, you know. 
3. Spend it on luxury cars or property. Maybe just a normal car for transport and pay up the mortgage plus some small gifts for parents, family and close friends.  
4. Spend any money until after say 6 months or so. Impulsive buying is always wrong and waiting lets the hype die down on me. 
5. Forget less fortunate people in the society. Deeply touched by what Mark Zuckerberg, founder of Facebook did upon delivery of his child. Giving away most of his facebook shares worth over USD 900 million to charity. Thats unbelievable!   

As i was thinking about all that money, i decided to look around the internet and see what are the most expensive or most common things that Singaporean do or buy with money on their hands.


What you could buy or do with S$12 million in Singapore!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
162,162 1 Day Trips to Universal Studios Singapore

@ S$74 per Adult
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
153,846 cycles on The Singapore Flyer

@ S$78 for family of 3 (2 adults 1 child)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
12 Ferraris with COE

@ S$900,000 each
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
800,000 sets of extra value meal with Hello Kitty
plush toy at McDonalds

@ S$15 each
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
12,257 nights at Marina Bay Sands Singapore
luxurious suite

@ S$979 per night (the most expensive one)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

UPDATE 18 Feb 2016 - Prize winnings have been increased to S$13.9 million! It could go higher depending on the total number of people buying. 
Source: Straitstimes
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Forex Trading Strategy 72 - forex trading truth

Forex Trading Strategy 72 ~ forex trading truth

Review of the week 30 March - 3 April on 9 pairs H1: +0%

A poor week with no opporutinity to trade, one win and two losses for a total of 0% profit

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3 Things About Colleagues and Friends - forex trading yearly returns

3 Things About Colleagues and Friends ~ forex trading yearly returns

House M.D. was a popular drama series many years back about a brilliant doctor and his team of doctors handling life threatening situations every week. Many life lessons can be learnt from this show alone which turned out to be famous quotes like
Everybody Lies, "You talk to God, you are religious. God talks to you, you are psychotic! and many others. But the one with the most impact on me is as follows;

Quote:

"Dr. Allison Cameron: If we want this to not get in the way of our friendship, I think we both have to apologize and put it behind us. 

Dr. Eric Foreman: I like you, really. We have a good time working together. But ten years from now, were not gonna be hanging out, having dinners. Maybe well exchange Christmas cards, say "Hi," give a hug if were at the same conference. Were not friends, were colleagues. And I dont have anything to apologize for. "

The above conversation presents a stark reality in life itself. Its very true and very real. In todays corporate world, colleagues are direct rivals who cut each others throats to climb up that corporate ladder. Back stabbing and rumour spreading are also a common workplace horror story itself.

However, today as i ponder upon a colleague turned friend who left my workplace and many others over the years, i cant help but feel a little nostalgic.

Why its good to have a colleague who is also a friend.

1) Being Ourself

Very often, working in a corporate environment means having to present ourselves in a corporate manner. We are required to talk nicely, dress appropriately, move smartly. But its a different thing if our colleague is also our friend! 

We can be ourselves without having to put up a front for fear of being not professional enough or being too casual. We also need not bother about being judged. 

2) We Feel Each Other

Who else but our colleagues understand us when we say we are having a hard time at work. Really. Yes really understand. Whether its our spouse, our parents or friends, what they can really do is just empathize our predicament. Colleagues know just how nasty our superior or another co-worker is, or how unreasonable that customer is. They just know... 

3) We Gossip

Like it or not, we all gossip. We all spread rumours. But its all the better if we are gossiping with friends. If not you might end up on the wrong side of the gossip. Right?  

Many of us probably spend more time with our colleagues than with our family, and since we all draw money (salary) from the same bank account, we already have so much in common! So why not make a friend with your co-worker today! 

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Forex Trading Strategy 73 - forex trading tricks

Forex Trading Strategy 73 ~ forex trading tricks

Market Analysis of the 6th of April 2015 : Opportunities on EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, XAU/USD, EUR/JPY, USD/CAD & NZD/USD D1, H4 & H1

Click on the Menu on "Market Analysis" for all the analysis.

Daily charts: For most of the pairs, we are entering into the wave 4 so it could bring some small trades long and short on H1 but we have to be overall prudent and be selective in taking setups

EUR/USD: It looks like we are now coming into the wave 4, price inside the alligator, prudence
GBP/USD: Still wave 5 down but with ewave coming back to the zero line, downtrend but prudence
USD/JPY: No trend following a cycle of 5 waves, price inside the box with sleeping alligator, wait for a break
USD/CHF: It looks like C move down of wave 4, wait for a break, prudence as sleeping alligator
AUD/USD: It looks like a wave 5 has started (unless this is B down of wave 4), short with prudence
EUR/JPY: This is still wave 3 down officially but we have divergence, price now above the alligator, prudence
USD/CAD: It looks move C down of the wave 4, prudence
NZD/USD: We are currently into a small wave 3 up but no overall clear direction
XAU/USD: We are into the wave 4 (probably C move up) , prudence

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Forex Trading Strategy 70 - forex trading time frame

Forex Trading Strategy 70 ~ forex trading time frame

Trade of the Week: EUR/JPY H1:  8-10 April: +5% Profit (+250 pips)

For more details, click "Examples of Trade" in the menu

On the 8th, 17.00 (GMT+1), we have a nice setup with a double break H1/H4, this is also a cross of the H4 ewave zero line. The stop loss is, above the H1 box, at 50 pips. The price drops and then we have a pull back but it never goes above the red line, the price, then moves slowly but surely, we exit few hours before the closure of the week for +250 pips (+5% profit).

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