My Success Story - 1st Dec 2015

While I still remembered the early years was tough. I was struggling for $ and I was obsessed with it that I made many wrong choices and hefty mistakes that cost me more $$ and my personal life. It was one of those young adolescent mistakes most teenagers would commit. However one thing I was always sure, I am an observer and I always listened to what others had to offer rather than talking and arguing back. I am not someone who loves to win a argument because it doesn't make $, conversely, I am someone who loves to accept defeat in argument and then go back and use it as a motivation to work harder and build my own dreams.

Today, I built and achieved my dreams. My courses are always sold out. My businesses flourished to greater heights. that was never seen before. While it's still early here in November, my January course is already sold out and now my March course is going to be sold out soon too. There was just too many demand flowing in. My personal trading is making me 6 digits per year and I am gunning to make 8 digits soon with a growth stock. There is nothing I can't do and I can do all things when it comes to the stock market. I owed my success to Steve Jobs where I first watch his conference in 2006-2007 when the first Iphone 3G was launched. That simplicity in the phone virtually put Nokia into bankruptcy and the whole world went developing smart phones. Simplicity can be harder than complexity. You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains. That was the impact he had in the world and so I was thinking to create something even more powerful and traditional Technical Analysis and Fundamental Analysis which the mass public is using. It took me a painstaking 6-7 years and my continuous everyday observation and trading to acquire new knowledge and experience to reach another level of simplicity in trading. I am proud to say that I did it all by myself without any insiders or any connection help whatsoever. I don't work with many partners nor I do a lot of advertisement because those are commercialized marketing and advertising. I prefer to keep my quality in control than constantly trying to reach out to the big mass by using the same of traditional way like using newspaper and the media. I sell my courses based on my mood than what most people used like a fixed price. I trade based on timing rather than those traditional indicators or price action. I don't have a fixed price to enter, cut loss or take profit rather than what most people set like a target price, cut loss level and profit taking level. After so many years of trading and business, I learnt that I go with the flow of nature rather than to go against. Along the way, I could have made some enemies and some foes, but it's ok, it's a learning process as they don't know me deep personally and I don't need them to trust or believe me because I cannot please everyone. More importantly from now, I had renewed and regained laser sharp focus on what I need to do and execution. I can't put more emphasis on execution. If I need to sum up my secret to success, the key word is execution. Many have fears of execution, worrying unnecessary failures and downfall. For me, I also have fears, but I managed to overcome it and took bigger risk even though I had a family. As a man, I learnt to make all decisions myself and not let others intercept my thoughts and interfere my ideas. I only live life once and I don't like to waste precious time. Time is an intangible element that once it's gone, it's forever gone and no one can capture it back.

Today I made millions of dollars. I have tasted the fruits of my labor. What's the feeling like? It's still the same like before just that my bank account had more zeros. I still eat the same old street food. I don't indulge in material items anymore as compared to the past. I continued to help the poor and needy as I used to. So what changed after I made millions? Maybe I can talk louder only and people listen to me. Other than that, it's still the same. After some thoughts for sometime, I believed it's not the $$ that drove me to want more $$, it's the journey of thrill, the impossible that what most people said and indulge in and the passion of my job to wanting to help more traders to unlock the secrets of traditional beliefs that made me continue to want to teach more. The road to success was never easy, I sacrificed many big things and my health, but it's enriching and empowering once you have made it and influenced the people surrounding you. There is no best of both worlds but I learnt that life is best to conceptualized than live in to dogma. I will share more of my Contra secrets next Tuesday where it was so simple but took me almost 6 years to discover this simplicity. See the below links.

http://stockmarketmindgames.blogspot.sg/2015/05/sunday-times-k-is-for-making-killing.html

http://stockmarketmindgames.blogspot.sg/2013/10/contel-corp-zero-loss-contra-hit-rate.html



Ronald K - Market Psychologist - A Stock Market Opportunist

Ronald K - My Not So Bad Pay, 2007-2008

Looking back at the year 2007-2008, I made some good decent $$ from my mundane day job, considered that I did not graduate from any university and without any degree. From $4400 in my previous company, my pay jumped to $5000 for just some small % increment after hopping on to Bank of America. I worked my way up and I told myself that I need a few more years before I can call it all a quit. Connecting back the dots and looking at what happened today, those days, my salary only allowed me to pay rental and some expenses but it did not gave me wealth or allowed my savings to made me rich. As soon as I got out of my comfort zone, I was struggling again but however, I was very determined and I knew what I wanted and that was trading.

For the next few years, I worked on my trading skills, philosophy and my business and today I after a long 7 years, I made millions and finally I got what I wanted and that's financial freedom. Everybody that I met and most of my friends told me that a stable high pay job is good and don't resign. However because of my competitive nature, I already knew I would made it the moment I found the holy grail of the Singapore Stock Market. I decided to take a risk and work hard for my dreams instead. It wasn't easy at first but well, I sacrificed many things for success and if you want something badly, go get it and take actions, don't just talk and whine because those negativity cannot get the job done. I would like to thank Bank of America for having me and not looking down on my qualifications but more on my experience. Without BoA taking me in, I wouldn't have reached where I am today. I am grateful.



Ronald K - Market Psychologist - A Stock Market Opportunist

Ronald K's PSLE Results - The Poor Grades

I don't know out of no where, as I was packing my housing and planning to move to a bigger house, I happened to retrieve my PSLE certification. I had almost forgotten my aggregate until I saw it was a low 193 points! All I know is I am not academically smart. I had some regrets for not studying hard, but I am pleased with my childhood days where my parents did not force me to study, study and study.

If I could rewind back time, I would work a little harder on my studies and not flung it. I have a friend who is a scholar. He's my student and is now currently giving private tuition. Not only he's smart, the way how he teach students is very different and unorthodox from the mass teaching. Try and believe it. The mass marketing you see on the media are always gimmicks to do sales. This student of mine is different, he's not into mass marketing but more into delivering results. If you are interested to send your kids to good tuition, you should try it. Send me an email to stockmarketmindgames@gmail.com with your name and contact number.

I will ask him to call you personally.

Ronald K - Market Psychologist - The Big Speculator

Dubai 2006 - Unseen Footage by Ronald K

When you fall 7 times, stand up 8 times. That's the attitude and motto I had back in 2006 in Dubai. I was very determined to pay off my debts no matter what was it because I really don't like to owe people $. As last posted, I was in Dubai working and paying off my debts, there were some incidents that happened that nobody knew.

http://stockmarketmindgames.blogspot.sg/2013/11/2006-year-of-suffering-on-ronald-k.html

Because of all the malnutrition and lack of nutritional food, I developed some painful ulcer in my stomach. It was so painful that I need to get to the hospital for operation. I was pretty saddened by this because another extra hefty fee of $$ used for medical cost. Back then, my company did not pay for hospitalization fee. Everything had to come out from my pocket. It cost me about $20,000 dirham which was quite heavy for me to absorb. Ok, so I paid and it took me a while to recover. Because of this incident, I was even more determined to make a come in the stock market. And since my company did not pay for my medical fees and I was mad about that incident, I decided to resign on Sep 2007 and flew back to Singapore on Oct 2007! Oh my, I was so lucky, why? Because the financial crisis happened in 2008! Not only that, Dubai went into some financial crisis and my company closed down! Oh my! I got to thank god for this and it's a moment that I will cherish for the rest of my life.

Today, yes I maybe successful, but I will never forget this painful ordeal. It was god who put me into this test to see whether I can go through hardship. It was god who gave me the strength to fight through all obstacles and overcame one by one which made me a stronger person. And I never pray for god for fortunes and riches, I only asked for his guidance to give me the inner strength to fight through whatever may comes as negative. After all these years, I learnt one thing. Learn to trust your inner thoughts and will power, it will help you to be a more focused and determined person.

And because of all the painful incidents I went through, I understand that when I am growing bigger each day, there will always be people who are going to be skeptical and doubt me, but seriously, does it matter? I kept producing results and results after results that spoke volume for itself. There will always be haters, flammers, doubters, etc..In fact, I love haters because I used their negativity vibes and turn it to positive energy for myself. Without negative people and sour grapes, how could I drive and motivate myself to greater heights? So you see, I will never argue with people on who is right or wrong, or who is rich or poor. Mind my own business and keep doing my own thing. The rest will take care of itself.

While blogging, I was at the same time trading and giving outlooks to students in the SMMG Club. I made a small loss yesterday in Dow Jones, however I recovered back instantly in Hang Seng today! Like I mentioned, I can make money everyday I want where I just made $450 in 7 minutes for 50 contracts of Hang Seng. Rather than talk and whine, I take actions! I will replicate my success to students. Every human is different, so find your own time frame and discover yourself. My method is universal and suits everything, every time frame. To all the haters out there, I just want thank you because without your constant flaming and jabbing, I drove myself to greater heights. To all my supporters out there, I will do something magical for all of you. I am planning one and it takes time. December shall be a good period! To hell with all the time wasting politics and circumstances, I create opportunities.

Nobody can teach or tell me what to do when it comes to the stock market because I had entered the unknown territories countless times and carved out a niche. Most people failed because they don't know how to handle unforeseen and unknown situation. Be brave and let your inner light guide you! Ronald K, stockmarketmindgames, 2013

Ronald K - Market Psychologist - The Big Speculator

2010 - Breaking Out From Inertia, Break Free From Tradition

The year 2010 was more laid back, less stress but it was all an important year from the creative point of view. That year, the stock market had just started to recover from the 2008 financial crisis while I was still figuring out how to solve my personal emotion barriers when taking a trade. It's not a simple 1 + 1 = 2 but it's a forever ongoing thing that I would need to find a perfect solution. To aggravate matters, I just bought my condominium at the year 2009 where most of my deposit was stuck there and I don't have enough funds for trading. I knew my last $5000 for trading shall be a make it or break it thingy. In my view, the key to becoming a successful is not how big or how much I trade. It's learning how to control your emotion and keep your mind focus on my goals, how to overcome a string of losses if any, how to be consistent in my trades than to take a leap bound, how to stay cool under pressure and maintain my equanimity after crushing losses or ecstatic wins.

So I went on to read psychology and philosophy books in search for answers. I read the stories of the past greats regardless whether they were traders or speculators. I need to find a solution to break free from my mechanical conditioning and learn to live with the moment, letting situations develop and happen naturally without altering anything. Basically learn to unwind fixated thoughts, be present and accept each moment as it comes. Later stage of my career, this shall become a major overhaul in my trading, skills, thoughts and my personal success. Marred by my past failures, I was very determined to succeed with this new school of thoughts. This could be what I was searching for, the subtle integration between Zen and Buddhism teachings  which could not only solve my emotion problems but give me a new ray of hope to solve the puzzling mystery in the stock market. Forget mistakes, forget failures, forget everything, except what you're going to do now and do it.

During the dreary experimental process, there were trails and errors in the fusion of thoughts. I wasn't interested in tactical trading but more on discovering the truth and real meaning of life. How can I create my own method based on human emotions? How can I spot the tops and bottoms with just the bars itself without the price or other indicators. How do I take advantage of such situations and capitalized on it for a win? As time passed by, the year was almost ending and finally, I wouldn't say I broke it all, but at least with my own research and hard work, I managed to unearth a simple yet powerful strategy based on my observations. The amount of time and effort I had posit in had all finally paid off. I was reveled and was ready to put my straw of effort and turn it to brilliance of gold. The only thing I needed was time and actual results. Research and studying were just 20% of the game. The real combat will then test your patience, endurance and emotional skills to see if everything gels. I knew I had a long way to go before I could make any claims that my method works. I had yet to experience the cold truth of my research in my bones without producing convincing results. Soon that would being to change.

During December 2010, I was ready to launch StockMarketMindGames but the process of selecting a name and the direction of the blog was not yet defined. Since my younger days as a kid, I was creative in my thoughts and would normally try out things that others would not. I would have crazy thoughts like building a scalable second house using piano materials inside my current house. I knew I would never accomplish it but the thoughts and idea itself was sufficient itself to kick off my creative juices. As I grew older, I always wanted to start something on my own and if I were to ever start something, it would not be the usual common names or business. I must always use art as a form of honest expression, create and blend the unthinkable. I had almost forgotten how I ended up choosing StockMarketMindGames as my blog name, but I think it's has got to do with the motto of fighting the mind games of the stock operators. If one is able to decipher what the stock operators are thinking, he/she had the advantage of beating and winning the game. Look at the attached pictures of a peace logo in an american flag, it was truly ingenious and creative illustration which spark more thoughts in my thinking process. I am usually dressed in my Visvim gear. Why? It's because of the direction and creative flow of names that they used to generate more "art" flow of their clothing directions and vision. My success today has got to do with fashion's creative Visvim and Mastermind Japan. They were the ones that create pave for Ronald K's thought process. No matter how expensive their items are, I would never question the designer why they raised the price, but more like I love their effort, philosophy, materials, design and hard work which so I pay the price for the products. I envisaged a vision from there on. One day, if I would ever conduct any courses, I would look into quality than quantity. The last thing that I needed to do was to set the ultimate direction of my blog, what I want to show and what I want people to know.

December 15th 2010, 1.58 am, StockMarketMindGames was born. I remembered it was my wife who asked me to launch it. She said, it was time to show people something new and unique that not many can't do. It was time for a revolution and revelation from the traditional, it's time to break out of inertia! I made a concerted effort to write and finally pen my philosophy and ideas on a digital diary. Initially I was still unable to break free from traditional trendlines but subsequently as my thoughts grew more matured, the painful experiences and emotional roller coaster I got from trading the markets and the perfect intersection between Zen and Buddhism, I slowly and gradually drifted away from tradition to create my own Mind Analysis. I finally achieved it all by my own and inspired many who wanted to learn from me. It was total unbelievable, I never expected that something I practiced in the past would allow me to achieve germination and consistency. The greatest achievement arrived subconsciously when I could virtually perform analysis on stocks within half a second. I was dumbfound myself because I always thought that was impossible. I conquered the impossible and turned the art into my slave instead of allowing the art to be my master!

http://stockmarketmindgames.blogspot.sg/2010/12/market-breath-and-human-psychology.html

Trading takes you on an emotional roller coaster ride that's hard to stop, even when you've diligently practiced letting go of your desire for things to be different than they actually are. There always seems to be just a bit more to let go of. Zen teacher Jakusho Kwong suggests becoming "an active participant in loss." We're conditioned to seek only gain, to be happy, and try to satisfy all our desires, he explains. But even though we may understand on some level that loss is a catalyst for growth, most people still believe it to be the opposite of gain and to be avoided at all costs. If I've learned anything in my years of practicing Zen and trading, it's that what we resist persists. Sometimes the letting go happens quickly; other times it may take several sleepless night. Or weeks.

If you find 2010 interesting and inspirational, please share it with your friends in Facebook or any other social media. The blog in 2010 was just non eye catching and they weren't many readers. I wouldn't call it a flop but a sluggish start. 2011 was violent, like a dormant volcano erupted suddenly with lava oozing out profusely. I couldn't help and control it as the entire trading world in Singapore witnessed me catching the tops/bottoms during a very volatile market with the readership increased exponentially! The negative and violent reactions surfaced as per predicted in the 2010 blog post! Stay tune.

http://stockmarketmindgames.blogspot.sg/2013/11/2009-2010-germinate-of.html

Ronald K - Market Psychologist - The Big Speculator

2009 - 2010, Germinate of StockMarketMindGames, A Violent and Revolutionary Imapct

Remembering 2009 while I was employed by one of the Forbes Top 10 firm as a professional hacker. Looking back now, it's all well worth it, the determination, the reverse engineering skills, the late night hard work and the sheer amount of stress level that I underwent had all paid off when I learnt that anything is possible using the same mentality to hack the stock market and made my big $. I always remembered 2 quotes that Steve Jobs made and it will forever etched in my memory till this very day. I never knew I would become who am I today, but I knew back in those days, passion, drive, tenacity, simplicity, focus and sacrifices was all it took to become successful at this stage of my career. I am retired now and my goal now is not so much on making $ for myself, but to drive and replicate that very same success and formula I had in the stock market to all of my fellow students so that they can achieve financial freedom.

“You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life.” Steve Jobs

“That’s been one of my mantras — focus and simplicity. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.” Steve Jobs

Looking back now at 2009, it had been hell of a roller coaster. The ups and downs working in the corporate world and all the politics that hindered me from progressing was just YUCKS! I mean my job was to secure the security posture from all kinds of attacks, but most of the time, I was fighting politics where I spent 70% of the time writing unnecessary emails and 30% of my time doing the actual hands on work! From all that monotonous work, I learnt one thing, one needs to be a hypocrite and learn to be humble in the corporate world so as to protect your rice bowl. To get everybody agree on something takes too long and by the time it's approved, everything is not relevant anymore. It's a total put off for me, because time should not be wasted, it should be used to do more constructive things. I was even more determined to succeed by training hard in my trading. When I mean training hard, I meant endure in my trading no matter how much $$ I lost. I need to forget and keep moving like water.

This job paid me $6274 per month back in 2009-2010. Considered that I was just an O level student and not a bright person and getting that kind of salary, working in a Forbes 10 fortune company was an accomplishment for me. While others were pursuing their degrees, I was already making a monthly salary of $6000 and bonuses. The year was drawing to a close and we were marching towards 2010. Reflecting back, I had not done much trading, fear was still inflicted in me and my emotion wasn't in tip top condition. However my stock market knowledge had supersede and accelerate way far beyond my imagination and thanks to Jesse Livermore's "Reminiscences of a Stock Operator". This book was truly one of it's kind. It was a real story on a real man and some of things he shared those days may not be relevant today, but I managed to pick up some fine points and improvise on it. The best part of the book is not the method, but his attitude and emotional skills which inspired me to overcome my short comings. I knew with knowledge itself is not enough, it's just 30% of the game. Another 70% is allocated to emotional skills. I need to apply what I have absorbed and learnt in order to succeed. And to trade big like Jesse Livermore was another ball game. I admire big traders who have guts and I had met a few of them in my life. Most I see today were all calls and talks, letting people know how good are they or how accurate their calls are. I am simply not interested, when I want to learn, I must learnt from someone who had done it, not an educator.

I was making progression in my emotional skills because I got to learnt some philosophy stuffs albeit rather slow. Slow is ok but it must be steady. Everyday I was doing small little things to improve myself and my overall being. I wasn't so focused on the chart reading part but more on the emotional skills because I was inspired to trade big like Jesse Livermore. It takes time and time is the best medicine that can heal your past wounds. I want to create something that no one had ever witnessed before with simplicity and execution at ease. It's like Bruce Lee, learning Wing Chun from Ip Man and then break free from his master's teaching to create his own Jeet Kune Do. There were a lot of people who put him down, but still he succeeded in his own way and created an impact in the martial arts world even after his death of 40 years. People still regard him as the greatest and best in the world when in comes to combat. It takes a lot of courage and guts and in the process, one may experience violent reactions from the public. I was all ready. I don't care what people say or how they looked at me, as long as I don't hurt them, then my conscience is clear. At the end of the whole journey, $$ in my pocket but the public can only continue to drool, hate and flame. And I can look back and say I had done it my way not using any technicals. I created my own way.

2010 was the birth of stockmarketmindgames. The inspiration, motivation and violent all sets in. When you are creating an impact and a revolution, it's not how many people who likes you, it's how many people who disagrees and hate your success. Stay tune!

Ronald K - Market Psychologist - The Big Speculator

2009 - Self Realization, Against All Odds, The Ronald K Way

Inspired by the great Albert Einstein, he once quote "Great spirits have always found violent opposition from mediocrities. The latter cannot understand it when a man does not thoughtlessly submit to hereditary prejudices, but honestly and courageously uses his intelligence and fulfills the duty to express the results of his thought in clear form.
Albert Einstein, quoted in New York Times, March 19, 1940"

Year 2009, I spent the whole year searching for inner answers. When one is left with his left $5000, he had to be prudent and cautious with every single step he made or his savings would be wiped out instantly. I got so much phobia back then, I kept telling myself, I was only left with $5000, how could I ever recover and recoup all my losses? It's impossible. After some serious pondering and mediation, I concluded that I cannot punt in and out and do short term trading that often. If my emotion skills was not tip top, I would only suffer more anguish and depression. I knew the only way out is to be patient, find a really good stock, swing trade it, wait for a big move and look to sell at the top. In that manner, I can recover partial of my funds which would give me confidence in my future trades.

Today you see me making millions of $$, don't envy because it was all the labor of the past mistakes and experience which kept me mindful of my future trades. The past had taught me a painful lesson which contributed to today's success. Because I failed over and over again so many times and that's why I succeeded today. When you are doing great work, remember that there will people out there who don't want you to succeed, they are jealous and want you to fail. When you achieved something that they can't do, people are there trying to decipher what you use and try to mimic you. It's the first time ever that the world has witnessed my pin point accuracy with analysis made in a less than a second without a single indicator. When you are doing something against the norm, the reactions can be violent which I experienced it myself. Flame, Hatred, Jealousy, Spam were all the violent reactions that kept coming. For me, there was no point arguing as it's a total waste of time. I used all that "noises" as a motivation medium to drive myself further to greater heights. I can continue to brag but it's pointless, my results and records speak volume for itself. I hope the thousands of people I've touched have the optimism and desire to share their goals and hard work and persevere with a positive attitude.

For the whole of 2009, I traded very little to no activity. I was stagnant and dull, thinking what can I do to break free from all the complex technicals. The process was very difficult and hard because if I can achieve it, I would be the pioneer. To be the leader in something, it would take years and tremendous amount of effort and hard work. I still vividly remember while my friends were partying and chilling, I would be at home focusing and researching in order to buy knowledge in the shortest amount of time. While many others are sleeping in the night, I would put my work to practice using demo account to monitor my progression. Basically, Mon-Sun, I continue to work and research until the enlightenment was drawing closer. That year, I was promoted to AVP and my salary increased. I wasn't really happy because I knew I would have more responsibilities which would hamper my progression. I asked for a demote but it wasn't granted. I wasn't interested in any promotion or salary increased because my goal was already clearly defined with laser focused objective. I don't want to fight office politics because they don't earn $$, I wanted to beat market politics because it could generate a second stream of income for me. I want to be financially free, that's my focus, NOT corporate ladders!

There are too many smart people in Singapore, all with degrees and diplomas, however when it comes to money matters, almost all were sensitive. The education here in Singapore is all about that piece of paper. Well, I think that's following the world's way, get a good degree and get a job that pays well. Luckily for me, I was an underdog all my life, I know how it feels when people doubt you, look at you as if you are low class, etc.. Luckily for me, I started work at an early age and found that working experience was something way more important than studying. It made me realized that $$ was hard earned and in order to make more $$, you would need to sacrifice more things be it your time or health in exchange for more $$. Moreover, the things I used to study in my secondary school were all forgotten and it was totally useless in the working world. Education is important but passion and enthusiasm precedes. I will always remember what my ex teacher said, people can work and climb up the ladder, but when you ask them to put $ in the stock market, that's where it test their endurance and sensitivity towards $, whether they are made of steel or plastics. I was motivated by that sentence and swear to myself that I will one day rise and made of steel. In order to achieve greatness and outdo everyone and the disadvantage with me being an O Level student, I need to work triply hard to learn to let go emotions and money when it comes to trading.

Like many others, I used to go for seminars, listening and absorbing. Queuing up and paying for entrance. In the end, I learnt that all the talks were very general with projected target price, techincals and fundamentals, it bored me because nothing was precision and exciting. I gave up going for talks and decided to be even more focused on what I was doing. I had competition every day because I set such high standards for myself that I have to go out every day and live up to that. As time passed by, I started to realize all the big media marketing campaign I saw on newspaper, website were mostly marketing gimmicks to lure people in to their talks/courses. Deep down in my heart, I told myself, if one day I would ever start something, I won't do what most people is doing, I will do it my own way with quality rather than the mass. I will create a revelation in chart reading and I will NOT copy or REPLICATE any materials from books, websites or my ex teacher teachings into my course. I must incorporate simplicity with effectiveness without drawing a single line or using any technicals. Basically my course must be both technical in function and sophisticated in form, drawing out simplicity from complexity with the combination of art. It must not be that usual common text lines and out fit which would create a "good impression" to people. I need to be myself and honestly express myself in the way I want and I believe is right, be it how I dress or speak, not conforming to the world's ways.

2010 was the year where I finally broke the stock market, the world was to witness a revelation and the inaugural birth of Ronald K. Stay tune!

Ronald K - Market Psychologist - The Big Speculator

2007 - 2008 - Phobia with Low Confidence, Early Sketches by Ronald K

Oct 2007, I was back to Singapore. After all the starvation, hunger, malnutrition, I managed to save a sum of $$ to pay off my debts. Of course, like everyone else, I was very happy that I was not in debt anymore but at the same time I developed phobia for the stock market. My confidence was utterly shaken after all that bad experience on listening to all the news and tips which cause malaise to my trading. I decided to stop trading and find a good job so as to feed my family. I knew I need to crack the most puzzling jigsaw puzzle and riddle in order to make my millions, however I also knew my limits. To crack is one thing, I need to overcome my psychological barrier in putting $$ down to test it.

Summer 2008, I was introduced to technical analysis. That's where the transformation begun. Attached above were my early sketches. Luckily I still managed to keep a copy of all these records. There were more but I believe I had already deleted away. I remember my first stock I punted was First Resource with 10 lots and made like $200 in 10 -20 mins. Somehow I regained my confidence a little and went bigger, that's where mistakes happened and I could not recover. I was down -$2000 and refused to cut loss, my emotion got the best of me and when I finally threw in the white towel, the stock rebounded and I had to use my hard earned $$ to pay off the losses. Learnt a lesson never to double or triple up. One day, I saw on the internet that there was this guy who is superb in trading. I went and listened to his preview, without hesitation, I signed for his course not because he was good, but more of because he was honest. Honesty is something that cannot be traded for money and I needed that in a mentor.

So finally I acquired the necessary skills to trade. There I am again, punting with more refined skills. Drawing trendlines and using volume to decipher the market. Initially it was all great. It seemed like a magic when you put 2 trend channel together so whenever it hit the bottom of the trend channel I longed and when it hit the top trend channel I short. It's a no brainier work. The only caveat is that you need to keep drawing and shifting the trend channel as the market unfolds. My worst nightmare was about to begin and the fallacy of trendlines can be devastating if you draw wrongly. Below are a few points which I think trendlines failed me.

1. When drawing a trend channel, I was only focused on that channel. Outside that channel was all transparent which caused me to overlook some of the other important facets in trading.
2. When drawing a trend channel, everything else became laser focused into that channel which made me narrow and limited. 
3. It works like a magic at first, but subsequently, as some stock poised for a heavy breakout, those channels because utterly useless and complicated as shown above.
4. There were too many lines that need to be drawn. It doesn't give me that confidence to go big when it hit the bottom of the trend channel and vice versa.
5. It doesn't require much thinking which made my quest for the ultimate knowledge shallow. 

After about 6 months to a year, I finally gave up. Why? Because some days I make and some days I lost, it doesn't give me consistency and confidence. What's the point of making $$ and losing $$ back to the market again? Another indicator was Volume. There wasn't high volume in the charts everyday which I was mechanically waiting for everyday. The key support and resistance level was just a quick guide with a horizontal line and many times if a stock is ready to rocket, it would pierce through that congestion area and break through all resistance. I failed terribly and almost decided to give up, thinking that trading doesn't suit me because I kept losing $$. But at the back of my mind, I knew that there must be something more than just trendlines, volume, support, resistance.

I was down with $30000 left. I also realized that if everybody in the world was using technical analysis, then everyone would see the same thing which I thought it wasn't a good thing. It's like the herd mentality. After all the losses and trying to recover my $$ back, I was very despondent, dejected and blamed myself for my actions. I decided to stop for a while and go into hibernation mode. As I went through that rough downtime, I came across Steve Jobs with his brilliant thoughts and vision. Till this very date, I still remembered he said:  “Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains.”

I knew it wouldn't be so simple. So every night after work, I went training. I traded Dow futures with small lots and let all my close friends know that I was going to hack the stock market and make a comeback. The only thing I needed was time. It took me a while studying human psychology and philosophy. The biggest hurdle was to port what I thought was correct into the chart. It wasn't so easy as I kept trying and trading even though I kept losing. I was aware that I am a master of my own and I cannot rely on anyone because almost all of them were using technical analysis. I was also aware that I need to make it very simple (Steve Jobs quotes) so that I can perform quick analysis within a second and take action without hesitation. Finally after all that trading and experiment, I was left with my last $5000 which was make or break it. To make matters worse, 2008 was the year where the financial crisis created so much fear and uncertainty and I was scared to lose my job.

Once again, because I was left with $5000 and afraid of losing my job, I decided to take a 2nd hibernation period so as to clear my thoughts and rediscover myself better on what suited me best. Is it going to be swing trade, investment or short term punting? That's where my thoughts changed for the better, philosophy help changed my personality and character where I believed I finally found the holy grail without using any technicals, however I still need to fine tune it. My luck changed since then, 2009 was a year of stagnant, dull activity. Stay tune!

"The inner self is the true self. In order to realize our true self we must be willing to live without being dependent upon the opinion of others, Walk On!" Bruce Lee

Ronald K - Market Psychologist - The Big Speculator

2006, Year of Suffering on Ronald K

The year was 2006 when I was in Dubai, paying off my stock market losing debts. I was quite young back, very impulsive and always chasing with the public. Learnt a hard lesson. Lost quite a lot of weight there due to malnutrition in order to save $$ to pay debts. Luckily there were few good people who very nice to me and help me tie through those period. I will always remember the support they gave me and will never forget that horrendous experience.

Today everything is over, not only I paid off my debts, I am financial free and have the best knowledge in the world. I can make $$ anytime I feel like it and not be conform to politics and the working world. Yes it was truly a struggle in the past, however I knew I need to go through these period of "down" time in order to rediscover myself. When one don't learn the hard way, he will never buy that painful ordeal experience. After all that catastrophe those years, the sun shines and I finally saw light at the end of the tunnel. The rest was history. My goal now is to inspire and guide passionate traders to trade this market with lesser emotion and fear. Making $$ is nothing to me now because I know I can do it anytime. I need to be altruistic and replicate my success to whoever learning from me. There is no point with me making $$ and keep my own $$ because none can feel the excitement and power. It's only by giving and sharing that I feel my greatest sense of achievement in life!

http://ronaldkstockmarket.blogspot.com/p/blog-page_25.html

Working in the desert in Oman is not one of the most pleasant thing. However it taught me how to learn to let go feelings and endurance when you think of your family. So I got everything now, however I still feel some sort of emptiness in me. It seemed like all the success and achievements that happened yesterday were all delusional.

If you need to ask me how I make consistent profits from the stock market, my answer is I always think of the past and I never want to go back to that state again. I need to outwork 3 times harder when all top traders were sleeping and chilling. I need to liberate myself from all the techincals and rediscover the real truth on human emotion, working 8 hours a day including weekends just to make sure I have superb tip top thoughts and analysis. Luckily for me, I managed to decipher the charts and hack the stock market in it's simplest form. Today you may see my success, one day I will turn old. Time is a life changing agent where one day the old will be cleared out to make way for the new.

Stay tune for the year 2009 where I was still an apprentice and was still learning the discover myself and the charts. All the hardwork finally paid off for the good. Year 2009 was such a memorable year to remember because that's where I finally saw some light and my luck turned! I will post the next installment.

Don't fear failures, because every failure is a step towards enlightenment and reaching your ultimate goal. Ronald K, 2013

Ronald K - Market Psychologist - The Big Speculator