Change

I have opened a blog post from T.Harv Eker for weeks, the Google Chrome tab is always there and I didn’t read it until this morning… I guess there is some important message needed to be delivered to me, and yes, it arrives at the RIGHT time.

Embrance change.

Accept changes.

Live Happily.

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Source: New Year, New Changes: Will You Go With The Flow or Fight It?

Happy New Year! I am excited to share with you exciting, new journeys and experiences as 2012 reveals itself to all of us.

With each new year comes changes big and small . . . whether we like it or not! And because change is inevitable, and because we have just entered a new year, I wanted to touch on this subject just a little deeper.

Sometimes we love change, like a new job, a new relationship, or moving to a new city. Sometimes we hate change, especially when it’s not our choice or out of our control. In that case, we’d rather stick with what we know, even though it may no longer apply to our reality.

Either way, change is not always easy, is it? Why is change difficult for most of us? Because change means that we are forced out of our comfort zones, which is why it can be so difficult to embrace.

Here’s a clue: if what you’ve been looking for was where you’ve been looking, you’d have already found it! (Read that sentence one more time, it’s a good one.) Doing more of the same harder and longer is usually not the answer. Willingness to change usually creates better results.

It’s true—in many ways, reality is what we make it. Regardless if change is chosen or forced, one of the first steps to change is changing how you think. What you focus on expands because not only are you thinking it, but then you’re feeling and doing, even if you’re not always aware of it.

In other words, if you think change is going to suck, you’ll feel that, you’ll end up acting like it, then that change will end up exactly as you thought. But if you think, “Something good can actually come out of this,” you’re inviting more favorable results. Adapting to change then becomes easier and less stressful because you’re not focusing on the discomfort of the unpredictable.

This year, when change comes your way (because it will no matter what), treat change as a gift, even when it comes unexpectedly.

To Read the full article by T. Harv Eker, go to this link:

New Year, New Changes: Will You Go With The Flow or Fight It?

To be Right? Or to be Rich?

I posted this on May 30, 2010, before my blog gets refurbished.  The qualities from the world top traders and their viewpoints on Superior Traders.
People who are smart can learn fast, but couldn't stay long in the game without hardwork.
People who are hardworking and read thousands of books, listen to hundreds gurus, but couldn't stay long in the game if they are not ready to accept growth and wealth.

Trading result is a reflection of our own, we can have superb trading setups, we can have marvelous team, after-all, the trade decision and trading plan is totally personal.  Nobody is gonna have the same trading experience, same risk appetite, same capital, same lifestyle, same objectives.  But we need to get the rules defined.
You take the trade, you break the rules, take the losses, and face the reality.
You take the trade, you play by the rules, take the losses, good game.
You take the trade, you play by the rules, take the profit, good game, keep it up!

From the New Market Wizards...

[Bill Lipschutz - The Sultan of Currencies]
Pg 63:

[Superior Traders]

"What do you believe are the characteristics of the truly superior traders?"

Let me start with an analogy. When I was in college, my impression was that people who were really smart could do very well, even if they didn't work that hard; and
people who really worked hard could also do very well, even if they weren't outstandingly bright.
In contrast, in trading,, I think you need both elements. The best traders I know are really quite brilliant, and they all work very hard -- much harder than anyone else.

By the way, when I talk about working hard, I mean commitment and focus; it has nothing to do with how many hours you spend in the office. These traders have tremendous commitment to the markets -- to their craft, so to speak. They develop scenarios, reevaluate scenarios, collect information, and reevaluate that information. They constantly ask themselves: What am I doing right? What am I doing wrong? How can I do what I am doing better? How can I get more information? It's obsessive.

[Quote from Bill Lipschutz]

... And there's a lot of pain.

You give up a lot of things. It's all tradeoffs. It's the middle of the night, everyone else is asleep, and you're sitting in front of a machine with glowing green numbers, with a pain in the psyche because the market is going against you and you don't know whether the fundamentals have changed or whether it's just a meaningless short-term move. Those are very trying times.

• "Why do you Trade?"
  I like the game. I think it's a great challenge. It's also an easy game to keep score of.

• "With trading consuming most of your day, not to mention night, is it still fun?"
  It's tremendous fun!  It's fascinating as hell because it's different every day.

• "Would you still trade if there were no monetary remuneration?"
  Absolutely.  Without question  I would do this for free.  I am thirty-six years old, and I almost feel like I have never worked.  I sometimes can't believe I'm making all this money to essentially play an elaborate game.  On the other hand, when you look at all the money I've produced over the years, I've been vastly underpaid.

Some from the final words..

Avoid
the temptation of
wanting to be
completely right...

... Scale-in and Scale-out approach: you many never get the best outcome, but at the same time you will never get the worst outcome either.  ... restrict full positions to those instances in which your confidence in a trade is greatest.

Get this book online from Amazon.com:

Get the Ball Rolling

Get the Ball Rolling
from T.Harv Eker

i love it when T.Harv Eker said...

What step is often the hardest to take? That first one.
You need to build the next muscle and final spiritual muscle that separates the successful from those still waiting at the gate: momentum.
A body in motion will remain in motion and a body at rest will remain at rest.

The hardest part about working out is getting to the gym. Once you get there, it’s not that hard to do.

The hardest part about making a call is getting the phone off the hook. Once you dialed a number, it's not that hard to do...

Lets start the engine, fire up some charts, read the forum, Get into motion!

You will make it. Trust yourself. Love yourself and know that you make it all up. It’s your freaking story!

No need to think, no need to know everything before we start. Once you have shown your first effort, the universe will guide the rest.

Reflection

This thought came into my mind this morning...

Which time frame to trade?
If I am trading for the Day, I look into intraday chart - 30 minutes would be sufficient to get a good entry.
If I am trading for few Days, ditto.
in this case, a weekly chart would help to identify the trend and help to see the big picture.
monthly chart, seldom use, just a peek into it..

What if, I am going to be a 'hourly' trader?
Similarly, I can use Day chart to identify trend, 30 minutes to sharpen entry, and may be, even smaller time frame like 15 minutes?

Should get killed when mentor read this 15 minutes chart thing... >.<

Which style I am most comfortable with? and whether I am ok with it?

I am ok with the Day chart and 30 minutes chart nowadays, I wonder: Is that because I have less time to trade, therefore, I compromise?

hm....
Lets frame it with better words...
Ayumi has become flexible, and now trading in a bigger time frame...

What if, when I gain the total freedom again, that I can just sit in front of my Lappy and watch the candle blocks, one by one, every 30 minutes?

No matter what, how, which strategy we use, it must be our strategy, our style.
What is my style?  Flexible is my style.

I have been brought up by my cool mother, disciplined, loyal, business minded, stable, organised, and secured.
I have a even more cool father, he has a golden finger, that he can turn a bottle of red wine into a good money making opportunity, and can turn a broken motorbike into a spare part business...  According to mum, he can see opportunities through his naked eyes... making money from businesses is not a problem for him, networking and connection is just simply a born skill.

I think my father makes a good speculator, Ayumi deem myself a speculator in my blood; a stable, disciplined, organised personality in my mind...

I think this is how and why Ayumi present an unlimited potential... and I believe many others do, we just need to work hard, and polish...

4 days to new year, 1 month + 1 week to Chinese New Year...
work hard everyday, unlimited opportunities awaits...
work 1 step a day, and never stop... we may be slow, we may be fast, we are ''in progress''.

Good read, go and read this article from T. Harv Eker's Blog:
The Resolution That Lasts a Lifetime

Power of Intention

Whatever your reason is for wanting more money, make sure it’s from a compelling inner truth. Even if it’s something like, “I want to buy a nicer car so I can feel better about myself,” if that’s true for you, then that’s your truth! There’s no one who can tell you you’re right or wrong. It’s yours!

People need more money to pay the bills, yes? Well, how motivating is that? ‘Boy, I really want go out there and work my butt off and have a new vision and do all this work and everything so I can pay the bills.’ I think not.

Know how I made an extra $150,000 in one month? I changed my priority of what the money was for. At first, I was looking for more money for more investments, but I already had some investments, and I did okay. And then I decided that I wanted to buy a condo.

And all of a sudden I noticed business miracles were starting to happen, money coming in from places we weren’t even thinking it could come from. Can I explain it? No. Why? Because it’s spiritually-based. You can’t explain those kinds of things.

Intention is focus internalized. Focus is the steering wheel; intention is the fuel that powers the vehicle. Don’t go for the regular. Go for the super-grade, the one that’s going to run your vehicle cleaner, stronger and longer.

Thanks to T. Harv Eker
http://www.harveker...intention/

I started to feel weak when I need others to agree what I do. What I think.
I started to feel weak when I need people to agree to what I want.

Our mind is so sensitive and things started to change when I have let others come into my mind, my world.
Theses ideas are just like worms, came into my mind, and lay eggs, multiply and grow.

How I wished I could just escape from the world, and encased myself in my room, and think for a little while, what have I done to my life?
Why would I do things without a clear perspective?

What I have learned in the past doesn't seems to work, and I started to doubt myself..
I guess it is not easy for people to change, especially we are living in a world full with other people who are learning the same thing, writing the same essay, reading the same papers...

Wanting to be different is a tough job.

And it is an internal job. I need to work harder, push harder, and believe.
May be I am just impatience.
Planted the seed, I just need to do the work, consistently, for the first leaf to pop out from the ground, is just a beginning.

Thanks to the sorrow, thanks to the challenge. For these I know, I can be better.
Thanks to the great article out there, thanks to the great sifu and mentor, holding me tight, working very hard to make me the 1%.

Thank you.

And I would say to myself, that I will work harder, and I will achieve all wealth and success in my life. Become a successful and profitable trader at my MAXIMUM capacity, to spend quality time with family.

I will, improve my setups consistency and profit unlimitedly from the market.
May all people, benefit from my success.

Hope you like my sharing, and ignite your unlimited potential, hit high, hit higher.
-Ayumi-

The Truth Shall Set You Free

http://www.harveker.com/2010/11/the-truth-shall-set-you-free/

The Truth Shall Set You Free
November 12th, 2010 by T. Harv Eker

Read this article from T. Harv Eker Blog, and this is so true and I sincerely feel that this article must be shared.

A little while ago we touched on the idea of being so passionate about something that you’d shout it at the top of a mountain, and nothing or no one could stop you.

Well, that’s something we can feel with certainty in any given moment, but we also know the other reality—the one where doubt creeps in, or fear, or uncertainty. We’re only human after all, and those doubts can cause us to change course. What happens if you’re moving in a straight line and you move one milliliter to the right or left?

After a while, there’s a big difference between where you were originally heading and where you end up. That’s why it’s so important to live from the truth of who you really are and how your talents and gifts were intended to add value to others.

If you’re trying to become successful in an arena that is not your right livelihood—if you’re trying to become successful with that and you run into obstacles, what are you going to naturally do when things get tough? Look for a way out! Give up! Quit!

You are given a purpose. You’re also given challenges and issues in your life. Your purpose matches with somebody else’s challenge or issue, and their purpose matches with yours. Isn’t that beautiful? But if you don’t live your purpose, there’s somebody with a challenge or issue that doesn’t have a partner and is waiting for you. Multiply that, and that’s how much money is out there waiting for you.

Likewise, for every unique talent and way of expressing it in the world, there’s also unique needs and desires from someone else.

It’s not easy to know why you were created. It took many, many years, lots of mistakes, detours and successes to realize my mission is simply to educate and inspire people and help them enrich themselves to live in their higher self based in courage, purpose, and joy versus fear, need, and obligation.

The Gospel of Thomas isn’t included in the common Bible, but I love one of its quotes nonetheless: “That which is within you and expressed will set you free, and that which is within you and not expressed will eat you from the inside.” Relate this not only to purpose but to disease, sickness and the way of the universe.

Again, you cannot live a happy, fulfilled and successful life without living your purpose. If your vehicle is not rooted from within, and becomes a derivative of the true purpose of why you’re here, you will never find fulfillment, you will never find true happiness, and you will never find real success. Never!

The root of your vehicle must be in your purpose. How do I know that? Because I have lived the other way and it sucks in comparison. Know what I mean?

Now we want to hear from you! What are some profound quotes about living the truth of not only our personal existence, but of our collective existence as humans? Let’s take this opportunity to inspire each other and set each other free, financially and spiritually.

I hope you like my sharing today.

For more on T. Harv Eker, you can visit his blog: http://www.harveker.com/ or purchase his books :)

Cheers
Ayumi