Weekly Inspiration and Success Quote

The Law of Mental Equivalency

The world around you is the physical equivalent of the world within you Your main job in life is to create within your own mind the mental equivalent of the life you want to live. 

Imagine your ideal life, in every respect. Hold that thought until it materialized around you. 

Weekly Inspiration and Success Ideas

The Law of Mind

All causation is mental. Yours thoughts become your realities. Your thoughts are creative. You become what you think about most of the time. 

Think continually about the things you really want, and refuse to think about the things you don't want. 

Weekly Inspiration & Success idea

The Law of Cause and Effect

Everything happens for a reason. For every cause there is an effect, and for every effect, whether you know it or not, there is a specific cause or causes. There are no accidents.

You can have anything you want in life if you can first decide exactly what it is, and then do the things that others have done to achieve the same result.

Selling my Real Gold

Gold Price had reach an ALL TIME 10 year high. I have just sold my 6 Taels of GOLD for a total of $97,200 HKD. The cash will go into my Investment account.

Key Lesson from Secrets for Profiting in Bull and Bear Markets by Stan Weinstein’s

Basic concepts:

-10 weeks simple moving average (SMA) is for traders

-30 weeks SMA is for Investors

-Clear cut trendline need at least 3 points of contact

With every stock, there are 4 stages

-Stage 1 – Base formation (Price ranges around 30 SMA)

-Stage 2 – Break out from base and trending up (Price are above 30 wk SMA and the slope of MA is UP)

-Stage 3- Top formation, price cross below 30 wk SMA, SMA slope flatten.

-Stage 4 – Bear market, price stay below 30 wk SMA and SMA direction pointing down

-Never buy stock when price below 30 wk SMA

-Never short stock when price above 30 wk SMA

-Never buy stock if RSI is negative

-Never buy stock with declining 30 wk SMA

BUYING

-Buy stock in Stage 2 uptrend and price must be above 30 wk SMA

-Place stop loss below 30 wk SMA after buying stock

-Try to place stop protected by Round number

SELLING

-Maximum 15% stop loss rule (for me I prefer 10% stop loss)

-Trail stop with 30 wk SMA

-When Stage 3 arrived, tighten stop to latest correction low

-Take partial profit when target price reached

-At least Take partial profit when uptrend line was violated

-Sell everything in Stage 4

Quote from Anthony Robbin "Unlimited Power Book"

" People who succeed in life are those who have learned how to take any challenges that life gives them and communicate that experience to themselves in a way that causes them to successfully change things. "

Key Lessons from Undercover Billionaire (video)

For those of you who learn better by watching video, I have post an video on youtube on the KEY LESSONS that I learnt from Undercover Billionaire show. The link is below:

https://www.youtube.com/watch?v=SG7QCmtX2Fg