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| Monday, December 10, 2007 |
| Proud of Singapore |
I'm not sure if it's a good deal, but I do feel proud that our small red dot is making a difference in the global financial markets. It seems to be beneficial to our markets as we might be able to attract funds from Europe to Singapore (maybe its not as direct, but that's how I feel).
Anyway, now the trend seems to be that people are swooping up the CDOs and Middle East and Asia seems to be leading the way.
All in all, I'm really proud of Singapore to be honest.. |
posted by Nenix @ 11:35 PM   |
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| Stronger Mental Strength |
One month after my last post, I have trying hard to acquire more mental strength. During the recent correction, as the price always dropped more than the recovery, I found myself not decisive in cutting my losses. This is unlike the previous corrections whereby they are more definite.
I have incurred significant losses and I'm really quite shocked by that. However, life still goes on, and what I can take away from this period is that I need more mental strength. There are situations whereby I cut loss when it still hasn't reached the trigger and there are instances whereby I held too long when I should have cut. It is actually a very definite action yet I hesitated time and time again.
Recently, I made some trades and some of it are losing trades, which I cut. The positives are that I am more firm now. I do hope I can keep up my current mentality while of cos having some good runs later. |
| posted by Nenix @ 2:50 PM |
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| NenixDreams Fund |
| Fund launchprice on 1st August 2006= $1
Target for 2007 = Beat STI index
Current price of NDF as of 1st Oct 2007 = $1.58
Current price of STI as of 1st Oct 2007 = $1.54
Difference with STI index is 0.04
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