Friday, July 25, 2008

Options/Stock Trading Resource

Investopedia is one of the best investing resource website that I love most, in fact, it has help me to grow in knowledge and strategy throughout the journey of investing and trading.

First it provides the best investment dictionary to explain each financial jargons, tradings/investment terms.
Secondly, it provides articles of different topic that would interest you to grow in your investment strategy, from beginer to active traders level. The most important thing is all these good articles are free. It will updates the latest topic from time to time, therefore no matter you are beginner or mature traders, you can visit this site for latest information and revision.


Lastly, it provides tutorials for different level of traders, by going thru the tutorials, you will learn the topic faster.

With this resource, I am sure every one can grow from an Investment idiot to become a more experienced and advanced traders...all depends on your hardwork ...all the best!

please go to http://optionstradingacademy.blogspot.com/ to find out more informations.
Share/Save/Bookmark

Milan Trip Jan07



Place: Milan
Date: Jan 07

Seems like every month going for holiday, indeed mostly are business trip. But anyway, thank God i have plenty of time to tour around. Thanks to the DK eyewitness travel guide, manage to find out all the important details, places to go, where to eat, transportation and bra...bra.
Took the long hour "no entertainment screen" lufthansa flight to frankfurt, waited for 2 and half hour for transit, then get on another flight to milan. Though tired, but was excited to visit this "branded" city which produce Prada, LV, Guici and etc. During the flight to milan, witnessed a range of alps which every passanger would stick to the window to admire the beauty of the snow mountains.

Milan was nice and cold, first place we go after loading our things to the hotel is Duomo and Victoria Gallerie. The magnificient church will at least take you half an hour to shoot picture on its front door.

Be very careful of your wallet, and don't bother those people come over and give you free bird food for the pigeon. They will ask money from you after that. There was a guy bump into me when i shooting the picture but fortunately i did't lose any thing. (though i not so certain that he is homosexual or not :P).







We went up to rooftop for 4 euro, climb like hell, should have taken the elevator for 7 euro. The scenery up there was really nice, besides seeing all the little statue, also provided a very good bird eye view for the whole city. After that we went inside the church, it's free, but i feel creepy inside. You will see a lot of nice staint glass and statue of saints as usual.
For Gallerie, every thing is expensive beside Macdonald, a little small wallet in LV cost you more than 200 euro, don't even think about it.










Afterall, it was still a very pleasant experience taking picture with all the fat fat pigeon but be alert for the bird poo....:P



heading to the one of the nicest city on earth - the Venice



stazione Milan Centrale at 530am ...



Reaching Venice at 9am





St Marco, hallmark for Venice



Pigeon just like me ...or rather they see me = food too















The Canal



Italian are just very particular about the drinking water



And they are particular about wine as well...





On the last day of our trip, we had been to one of the most beautiful lake in Italy -Lake Como. It was bigger than what I was imagining. The whole boat journey took up about 1 hour to finish from dock to dock and back to the original point, and it was only finish a small portion of the whole lake. The lake is clear and clean, with houses built on the mountain surrounding the lake, what a nice scenery and you would never forget the experience!!!



the shape of the lake





it's amaze how is the life here, with clean water, mountain and blue sky, everyday you are living in the resort-like home. I wonder if people here know the term called "Vacation"?





The wind blowing towards our face is excurciating freezing





if you ask me where is heaven on earth ...i will say here there is one of them
Share/Save/Bookmark

Wednesday, July 23, 2008

What is Options Trading ?

What is Options - a derivative from stock trading. The basic meaning of options is you have the right to buy or sell the stock at specific price at specific time frame, without the obligation.

An example, if you were to buy a house, you need 100K cash to buy it. Alternatively, you may draft out a contract with the owner so that you have the right to buy it any time from now until the contract expired (let's say 6 months). The contract worth 1K. You expect the house price will rise from 100K to 110K within 6 months. Therefore the overall cost you come out with is only 1K compare to 100K if you were really buy the house. If the house rise 10K as you expected, you can sell away the contract to someone at 1K + 10K (11K). On the other side, if the price drop to 90K, your contract will become worthless, and you only loss 1K instead of 10K if you have bought the house. That's call leverage.

How you gauge the market - you need to master both Fundamendal and Technical Analysis, microeconomic as well as macroeconomic to gauge the direction. Of course you will never know what is stock market direction 100%. First, you must know if the market got a trend - either bullish or bearish. Next what is the that particular industry or sector is still bullish or bearish?

Macroeconomic - to understand the US market economic like CPI,PPI, housing start, FOMC meeting, GDP, jobless claim, oil inventory and etc. Oil price is the determine factor for now.

Microeconomic (my way of explanation)- industry and sector which are the most bullish and most bearish at that time. Next to find out the most popular and the least popular company in that particular industry. Buy the rumor, sell the news.

Fundamental analysis - to drill into the company information, important ratios: P/E ratio, P/S ratio, EPS, operating profit margin, revenue and profit growth, EPS growth, book value. Besides, its position in the market like total revenue/profit compare to other company in the same sector. Reading financial report is a must, understand its income statement, balance sheet and cash flow.

Technical analysis - gauge the trend with charting like candlestick chart analysis: bullish engulfing, morning star, bullish harami, piercing line.etc. Moving average, slow stochatic, MACD, william, ROC, RSI, OBV, DI+&-, etc should be sufficient.

Please visit http://taacademy.blogspot.com/ and http://optionstradingacademy.blogspot.com to find out more information ....
Share/Save/Bookmark

Friday, July 11, 2008

Milan Business Trip June 2008

Happen on: June 9 - 14, 2008
Location: Milan, Italy

After company cancelled my trip to US in April, finally I got my approval for my milan trip in June after the long explaination for justifying my trip.

This trip's objective is to review the design schedule and progress with my supplier in Italy.
Milan, a place where many woman loves to go, because of all the expensive branded stuff...Prada, Guici, LV, Giogio Amarni ...you name it, they are all there in Milan. Most of them are located at the street of Monte Napolene, or in the 100 years old shopping complex Galeria Victoria.

I have been to Milan first time last year Jan 2007, freeze to death. This time round, is summer so I just need to carried a small luggage without any winter cloth.

Last trip, I shop till my pants drop, because never see so many branded shop in one place, this time, i slept most of the time in the hotel.

My first impression to Italy is very unsafe, all my friend whom been there ask me to be careful, it is because the pickpocket almost gone up to the most professional stage among the world. Almost every friend of mine been there have had bad experience. For me, I had two, first, I was bumped by a guy from behind when taking picture, but nothing was lost, and he didn't seems like appologize either. Secondly, some one hand us the pigeon food at the Duomo plaza, and ask for 5 Euro for a handful of snack. After negotiation, 1 Euro settled with some threatening phrase. Not that bad compare to other friends of mine.

But I have many Italian supplier friends, they are nice people indeed, and they are passionate people, they love to hug and kiss ...not to me though. =P. And their coffee is one of the best I would say. We had an conversion during dinner with my US colleagues there, and the US folks suggested that starbuck should be opened here in Milan or Rome. And the Italian responded if this were going to happen, within 1 month, it will be closed down. Frank and true though. They love expresso much more and not american coffee or capucino. And coffee for them is a need, not just for enjoyment.









What so different about Duomo de Milan this time is the renovation board cover the front panel was taken down, showing its unique architecture gothic front panel to the world





that's the pizza i going to finish, but i couldn't

Eating mozarrela pizza alone in hilton watching Romania vs Italy game of Euro 2008.
Share/Save/Bookmark