Options Trading Anyone?

July 7, 2008 | 6 Comments

Written by C Hun

The first time I knew about options trading was when I attended an options trading preview one and a half years ago in Penang.  I was so amazed with how much money a person can make from options trading. Immediately I decided that options trading is something I wanted to do all along. I signed up the offer without any hesitation.

The options trading course was conducted by Dr Clemen Chiang of Freely Business School, Singapore.  It was a 3 days 3 nights course.  Yup, you read right.  It’s full 3 days and 3 nights!  I have never attended such an intensive course until then.  Each day started at 8.30am and ended between 1-3am.  We only had about 5 hours sleep each day.  It was indeed a very taxing 3 full days.  Break and lunch time was short.  Even toilet breaks!  But hey, don’t get me wrong.  I’m not complaining.  Instead, I’m very grateful to Dr Clemen for his commitment and enthusiasm.

I must admit I was actually spoilt by all those seminars that I attended previously whereby we have good morning break, good lunch, good tea break in the afternoon and it normally ends around 5.00pm.

However, I learnt so much from the three days.  It was not only options trading but lots more for my personal development.  I started to believe that I can actually make it and become someone who is going to be very successful.

During the learning process, I discovered how tiny we are as a person. We know so little in life but we thought we know everything.  We also stop developing ourselves after graduating from university or college.  We went for training which was paid by our employer and we acquired knowledge that are all job related.  With that, we hope to move up the corporate ladder and by then, we think we are experts. Little did we know that we are just expert in one or two particular areas.  But we are not an expert in life. We may be earning so called very good income but that income is only enough for our family to live a life that is reasonably good, not GREAT.

By now, some of you may be thinking what nonsense is this guy talking about… but hey, I was like that before. I know what you are thinking. Let me share this with you… there are more things that we can learn if we have an open mind.

I started to trade with real money when we participated in the Options Trading Championship in Oct last year.  We made some losses during the championship. However, at that time I still have the thinking that I am good but because of a bit of bad luck, I didn’t make the money I wanted to make.  After returning from the championship I continued to trade. With some lucky trades, I started to make some money but it all went down the drain when I suddenly lost focus. I started to lose money again.

It was only until I attended T. Harv Eker’s Millionaire Mind Intensive seminar last year end in Singapore that I realized my problem.  During the seminar, I discovered that I had the wrong mindset.  And that was my financial blue print, a blue print that will make me work for my whole life and fail for my whole life - a wrong mindset that was developed since I was very very young.

Let me put it this way (and I belief a lot of people will be like that as well), you think that your failure is purely due to bad luck.  With the wrong mindset, you start to develop a habit of blaming others for your failure.  This is one of the simplest way to explain for your failure.  Most people think that they are unlucky, they are cheated by others, they were not at the right place at the right time, they were not given a chance to show their true capabilities.  Sounds familiar?  Prolong delay of this kind of thinking will eventually create a habit, a habit that will control your mindset and eventually your whole life will be filled with failure. You will continue to blame others until the day you die. So what will you achieve in your life?

After trading for a few months after the seminar, I realized that I still have lots to learn and there is so little time. I start to realize how important time is for me but there are still people who are wasting their time doing nothing or hoping for some miracle. I was like those people before just thinking, not doing anything.

Today, I’ve changed. I’m starting to act. I’ve changed my mindset to live a more meaningful life.

Looking back, I started trading since last October 2007, lost almost 90% of my money in my account in 7 months.  I decided that I will not be a loser again. I’m going to make money in options trading.  My target is making USD5000 per month starting from August 2008.

As a commitment, I will be putting my daily transactions here and also share with everyone how I decide on each trade.  So, do join me here regularly to see my progress and do share your personal experiences with us here as well.

Secret Wealth Files 1-2 (Week 1)

July 3, 2008 | 2 Comments

All of us attended T Harv Eker’s Millionaire Mind Intensive in Singapore last year and we were all blown away by what T Harv Eker taught us during the 3 days.  It was definitely the most enriching 3 days we have had for a very long time.  The level of energy we experienced at that time was amazing and unbelievable.  We have never attended any seminar packed with almost 5000 participants!  It was indeed one of the most valuable investments we made on ourselves.  After the event, we decided that this is something that we want to share with everyone.

At the same time, after the intensive 3-days we have to keep on practising what we have learnt and to instill it as part of our lives.  As such, we were excited when T Harv Eker released the Secret Wealth Files which summarises what he taught us in Millionaire Mind Intensive.  Over here, we would like to share it with you weekly (for 7 weeks).  You can also visit this website to enrol for the multimedia online course for free.

Here’s Secret Wealth Files 1-2:

 
icon for podpress  Secret Wealth Files: Play Now | Play in Popup | Download

Stay tuned next week for Secret Wealth Files 3-4.

If you want to change your Financial blueprint, you must then attend T Harv Eker’s Millionaire Mind Intensive in Singapore this coming 7-9 November 2008.  For more information, please click here.

T Harv Eker’s MMI in KL

May 25, 2008 | 11 Comments

T Harv Eker’s Millionaire Mind Intensive finally concluded today. In this 3 days, it was heart warming to get calls and sms from relatives, friends and readers who had attended the MMI saying how much they enjoyed the course.

It felt good that we can help our relatives, friends and readers to grow their mindset and free them from their past experiences and knowledge that are holding them back from their true potential.

We were quite disappointed that we couldn’t help some readers to buy last minute tickets to the event. But lets take it positively as a good lesson that when opportunities arise, we must quickly evaluate it and take IMMEDIATE ACTION.

Most of the time we procrastinate and fear hold us back from exploring opportunities. Then we miss the boat and curse that we are not lucky or we don’t get good breaks. Well, the reason why we don’t get a good break or opportunity or get lucky because we didn’t take immediate action on opportunities!

T Harv Eker is holding one last MMI this year in Singapore. Those who missed out this event can go to the last one for this year in Singapore. We’ll be putting up a link for people who would like to sign up for the event in Singapore soon. Again…please book early because the seats can be sold out. Once the link for booking is up, we’ll post it here. So please check this blog often for details or subscribe to our free newsletter subscription and notifications on updates on our posts.

Millionaire Mind Intensive In Malaysia

February 26, 2008 | 1 Comment

T Harv Eker is coming to Malaysia for the first time and he is holding his first Millionaire Mind Intensive training in Mines International Exhibition Convention Centre (MIECC) from 23 - 25 May 2008. Click here if you want to know more about the event.

All of us here at PersonalDevelopment4All had attended Harv’s 1st seminar in Asia, held in Singapore last year.

Harv’s MMI really helped us to analyse our own money blueprint and also change our money blue print to enable us to achieve our true potential. We got to understand ourselves more and also what is holding us back from being successful. Couples also got to understand each other’s blueprint which help to resolve many money related disagreements.

There were many exercises and activities that helped us to further understand our current financial status and also to help many of us to let go of our non-supportive thoughts and attitudes which are holding us back from our achievements. Some participants even shared their personal problems which were weighing down on them and found peace in letting it go. They should be on their way on being a millionaire now!

We learn a lot of things in the seminar, one of which was the “money jar” system. This money management system has a good balance of using the money for education, buying high value stuff, daily necessities, charity, investments and finally to pamper ourselves.

Harv and his coach, Rob, also taught us the true meaning of financial freedom and wealth. What it means to be financial free, what it means to be rich and wealthy. All these have a step by step and systematic approach to achieve them. It was really enlightening that being financialy free is not as difficult as what we had thought.

The highlight of the whole seminar was the last exercise on the last day. We had to break a real arrow with our throat! Yup its like those Shaolin monks in kung fu movies. The arrow breaking exercise is to show that fear is intangible and its something we perceive in our minds. This fear is holding us back from doing things and being successful too. We have to act in spite of fear and after we have done it, then only we know its not so scary or difficult.

I do hope that you all will take the opportunity to attend Harv’s training because up until now, its the best training we have attended. It is packed with information, loads of exercises and activities to help you absorb what you learn and to apply it in your life and also it teaches you how to really be financial free. Being financially free is really that simple!

To look at some photos of MMI we took in Singapore, you can visit http://tanhailiang.com.