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Creating an
Investment System
This website is created to register
personal learning in creating an investment system that can bear
fruits for this QuaSyLaTic.
Andrew Wong
Oct. 2006
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My Vision |
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Quote:
The Prediction Trap
"There is a strong psychological bias to be right about
what we do with our investments. In most people, the bias greatly
overrides us from reaching our true profit potential. Most people
have overwhelming needs to control the market. As a result, they end
up with the market controlling them "
"Trade Your Way to Financial
Freedom" - By Van Tharp |
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- Disciplined and skillful investor with many models as per Market
Wizards
- Modeling after Bill Gates / Warren Buffet, though richest men,
yet live a simple life and generous in helping others
- Be of help/ model to my loved ones (children) when they also
see the need to master the skills in investment.
- To create a Learning Community in increasing investment and
financial literacy.
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My Mission |
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- Consistently improving my Investment System for highest expectancy,
in congruent with my values, style and thinking preference.
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My Beliefs and Values |
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- Investment in paper assets is a productive and meaningful
enterprise
- Making as much money is one aspect of my self-actualization in
realizing my full potential
- Respect the Market fully, no need to impose my own
expectation, prediction but learn to "flow with the force
of the market, like tidal wave"
- Develop a continuous improved Investment System with keenness
in more practice and learning.
- Protect capital. Accept small losses for big gain.
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My Trading Environment and Requirements |
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- Using computer and internet to do research, system improvement
and trading
- Spend min. 1 hour up to 4 hours a day, (with the other time on
Personal and Organization Coaching work)
- Close all positions (on Options) when on traveling
- Use virtual trading on options first until this investment
system requirements are all satisfied.
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Clarifying
and confirming the above is the first important discipline for aspiring
investor or trader. Investment
Mindset Coaching reviews that many losing investors have mental blocks
or limiting beliefs, consciously or un-consciously.
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