My escape maybe to move to an island and day trade at night, program iPhone/Android apps by day.
Options on location...
- Macau
+ mostly speaks english
+ close to civilization (HKG)
+ has casinos and good food, and very safe
- Thailand (Phuket), Philippines
+ cheap
+ speaks english
- Hawaii
- expensive
- distracting to be in USA
While its probably a total waste of a year, would set me back in life (?), and lets say $50k+, I ponder if I ought to try it for the summer.. just need to get laid off first! Damn...
It maybe a plan once my Visa in Japan is renewed... then I can quit and have a "home" to return. Damn that would be 1 year from now. But I'll be 40, its the time to do something.
Or maybe my GF is pregnant and I'll just sit home and start a family. I sometimes need my hand to be forced... so lay me off, fire me, or something ???? I'm a survivor, I will make it.
Monday, May 28, 2012
Tuesday, May 22, 2012
Day Trading !!!
In japan it would be.. overnight evening trading.
I, like many, often ponder just becoming a professional trader and work from home.. or on the beach.. many do it.. many lose their life savings. Are they skilled or just lucky?
I'd say as someone working in the finance industry, and witnessing many folks smarter and harder working than me lose alot of money that its luck more than skill. If you are stupid you will lose 93/100 times, but even smart folks lose 41/100 times.
The idea that if you are disciplined and smart and etc that you can consistently make money is questionable. I watch pro traders daily.. they are mainly doing the same thing. They buy on a tick down and wait. Tick back up sell and take a small gain, tick down and drop for a loss. Its quite stressful because it ticks down,down,down,down... in a blitz at times, then up,up,up,up etc.. very stressful life and no sleep !
I watched JPM tick by tick the last 5 days and went to sleep at 3am, probably slept 3hrs a day as I played the life of a day trader.. each penny tick was worth +/- $120-150 (depending on the day), I saw unrealized gains/losses of $5k wiped out instantly. In the end, as I tried to visualize and legitimize the idea of a barrier or chart patterns, I really realize its just luck. Get in at the right time and get out at the right time.
I got into LEH years ago at worse possible times and lost it all.
Got into AAPL at a great time, exited at a great time.. pure luck!
Put on JPM at decent time, got out .. again luck!
Blankfield from Goldman said it best.. I rather be lucky than smart any day.
I, like many, often ponder just becoming a professional trader and work from home.. or on the beach.. many do it.. many lose their life savings. Are they skilled or just lucky?
I'd say as someone working in the finance industry, and witnessing many folks smarter and harder working than me lose alot of money that its luck more than skill. If you are stupid you will lose 93/100 times, but even smart folks lose 41/100 times.
The idea that if you are disciplined and smart and etc that you can consistently make money is questionable. I watch pro traders daily.. they are mainly doing the same thing. They buy on a tick down and wait. Tick back up sell and take a small gain, tick down and drop for a loss. Its quite stressful because it ticks down,down,down,down... in a blitz at times, then up,up,up,up etc.. very stressful life and no sleep !
I watched JPM tick by tick the last 5 days and went to sleep at 3am, probably slept 3hrs a day as I played the life of a day trader.. each penny tick was worth +/- $120-150 (depending on the day), I saw unrealized gains/losses of $5k wiped out instantly. In the end, as I tried to visualize and legitimize the idea of a barrier or chart patterns, I really realize its just luck. Get in at the right time and get out at the right time.
I got into LEH years ago at worse possible times and lost it all.
Got into AAPL at a great time, exited at a great time.. pure luck!
Put on JPM at decent time, got out .. again luck!
Blankfield from Goldman said it best.. I rather be lucky than smart any day.
Sunday, May 20, 2012
Social Network
I watched the Social Network today.
Oustanding 5-star movie. The timing of my watching had something to do w/ the FB IPO that occured 2 days prior.. but more because
1. Was alone (gf in Hawaii)
2. Was bored
Being bored and watching an inspiring movie like this is a great thing to do. I ought to add this to my list of movies like Rudy and Gattaca. It really shows how one person with talent and focus can create something.
I often feel like creating something... not sure if its a baby (or 2 or 30), but creating.. some product would be nice. I doubt I could ever have the drive, talent, nor intuition to make a Facebook (well nobody can given its the largest IPO ever and largest most instant billionaire created ever).
I sometimes see myself quitting my job.. sitting on the beach.. or somewhere, spending a year or two building something in solitude... but i also feel after a year I'd come to realize that there is no magic bullet. I'd probably wind up spending a year pondering life not unlike what I'm doing now, but not getting much further along in building financial independence nor any new product/software.
Hehe.. yeah prob best I just collect paychecks...
Oustanding 5-star movie. The timing of my watching had something to do w/ the FB IPO that occured 2 days prior.. but more because
1. Was alone (gf in Hawaii)
2. Was bored
Being bored and watching an inspiring movie like this is a great thing to do. I ought to add this to my list of movies like Rudy and Gattaca. It really shows how one person with talent and focus can create something.
I often feel like creating something... not sure if its a baby (or 2 or 30), but creating.. some product would be nice. I doubt I could ever have the drive, talent, nor intuition to make a Facebook (well nobody can given its the largest IPO ever and largest most instant billionaire created ever).
I sometimes see myself quitting my job.. sitting on the beach.. or somewhere, spending a year or two building something in solitude... but i also feel after a year I'd come to realize that there is no magic bullet. I'd probably wind up spending a year pondering life not unlike what I'm doing now, but not getting much further along in building financial independence nor any new product/software.
Hehe.. yeah prob best I just collect paychecks...
Monday, May 7, 2012
The grind
I'm back now in the grind
There was a recent article on what creates slacker mind state - http://m.yahoo.com/w/legobpengine/news/dopamine-difference-between-slackers-getters-074100093.html?orig_host_hdr=news.yahoo.com&.intl=US&.lang=en-US
Now It's no mystery I am a slacker and never did go get much in life. My mom kinda same - dad ? Hmmm not sure he seemed like a go getter but maye he was just strict to prevent me from becoming a slacker (like him) ?? God only knows ?
Point of this blog - well not much. At this age I feel I got the easy life but that is the most dangerous state of being. I really need to refocus on all aspects of life:
- health - get into shape
- money - start focusing investments
- family - all in or out
- work - learn new stuff don't slack
Simple as that
There was a recent article on what creates slacker mind state - http://m.yahoo.com/w/legobpengine/news/dopamine-difference-between-slackers-getters-074100093.html?orig_host_hdr=news.yahoo.com&.intl=US&.lang=en-US
Now It's no mystery I am a slacker and never did go get much in life. My mom kinda same - dad ? Hmmm not sure he seemed like a go getter but maye he was just strict to prevent me from becoming a slacker (like him) ?? God only knows ?
Point of this blog - well not much. At this age I feel I got the easy life but that is the most dangerous state of being. I really need to refocus on all aspects of life:
- health - get into shape
- money - start focusing investments
- family - all in or out
- work - learn new stuff don't slack
Simple as that
Wednesday, May 2, 2012
Hmmm maybe I'm ready now
While the pundits out there may jest at my life I only have to life w myself and feel happy I made the best decision I could in good faith - mainly I talking about Tombo who routinely mocks me
Anyways I am in Macau relaxing poolside while I wait for some friends and I feel ... Peace and tranquility ... Like harmony. I think I've also started to come to terms w ideas of bearing a family and the stress behind it...
One has to realize something about me to understand my qualms - while many poorer and less able have families I dwell on my past experience of my dad going thru personal financial collapse ... I can only imagine the regret and sorrow at his deathbed having left his family in dire straights... Hence .. Some reservation
But alas I'm almost 40 - I think I can survive the corporate game. I should go for it and get married and have a family.
Yep I will start to focus .....
Note I went to Hugo boss to look at jeans and girl gave me attitude like 1- I'm poor 2- I'm too fat to wear Hugo ! Wtf. And burrberry don't have 30 length pants wtf who in Asia is so tall ?????
Anyways I am in Macau relaxing poolside while I wait for some friends and I feel ... Peace and tranquility ... Like harmony. I think I've also started to come to terms w ideas of bearing a family and the stress behind it...
One has to realize something about me to understand my qualms - while many poorer and less able have families I dwell on my past experience of my dad going thru personal financial collapse ... I can only imagine the regret and sorrow at his deathbed having left his family in dire straights... Hence .. Some reservation
But alas I'm almost 40 - I think I can survive the corporate game. I should go for it and get married and have a family.
Yep I will start to focus .....
Note I went to Hugo boss to look at jeans and girl gave me attitude like 1- I'm poor 2- I'm too fat to wear Hugo ! Wtf. And burrberry don't have 30 length pants wtf who in Asia is so tall ?????
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