Tuesday, September 30, 2008

TraderWork up and running


TraderWork screenshot
TraderWork screenshot

After all the hard work of choosing domain name, web hosting and set up the templates and plug in, finally my Traderwork.com is up and running. 

I would say i learn a lot setting up a site all by my own, from nothing to completion. I have zero knowlegde of website design or any coding like HTML, CSS, frontpage, etc. But at least now I able to get my site up. 

Traderwork is a site for options trader, for people who are curious and motivated to learn about options trading. Besides, I would love to share my trading journal as well as market check with my readers. 

One last thing missing, a logo for Trader Work. Erm...I shall hire my lovely wife for this assignment ...the most important part is her design job is free of charge. :P Thanks wife!

Visit TraderWork.com Here http://www.traderwork.com/


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Sunday, September 28, 2008

F1 Singapore is here tonight









3 hours later will be the first Singapore F1 night race, Singapore is making history for the first time hosting F1 race and even more, the first night race! I will be celebrate it together with Singapore, by not going to the actual scene (to create more space for my fovereigner friend, what an excuse??) , but I would rather watching the better screen, my own TV at home, and having beer at home with friends to cheer for Hamilton. :) 

I have the first encounter with F1 few years back in Milan, visiting the ferrari shop near the Duomo di Milan.Everything inside the shop are to be expensive, even a cup or a keychain, I do not think it is worth to buy at all, don't even talk about T-shirt or a jacket (which cost few hundred Euro). So be frankly, to be a truely Ferrari fan, it could be quite costly. :P  That time, I only know it is one of the famous motor race, and the famous driver Michael Schumacher. Besides, my Italian friends are very proud of their Italian technology - Ferrari, of course. 

Tonight, Hamilton and Massa will be competing for the crown first time in the foreign place here in Singapore. Find out more here from the official Singapore GP website.


Please visit my own hosted blog @ Paul Orion's Blog .
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Thursday, September 11, 2008

First encounter with Internet Marketing

book to start your internet marketing journeyI am sure many of you heard about Internet marketing, advertisement like "you can earn $30K within 2 weeks" or "be a millionaire by making money at home". Is it a scam, I wonder? I have the same reaction as many of you do when I heard about internet marketing, "this must be a scam".

All of us now are capitalist, 9 out 10 people will tell you that they want financial freedom in their life. The last one may be still struggling to understand the power of financial freedom. Anyway, hoping to be financially free definitely is not a sin. It is your right! Therefore, it becomes the greatest bail that many will like to attend courses that can help them create extra wealth.

This goes to my wife and I, both of us wish to be financial free as well. Few months ago, my wife has read a book written by Stuart tan about internet marketing. She was convinced that she want to throw her mind and strength into it as she see that this is something feasible. To me, this must be a scam.

Afterward, we attended the preview seminar hosted by Stuart's colleague (could not remember his name). My wife was convinced to sign up, I have no choice but to follow. I told her that if I felt asleep in the class, please do not blame me.

The first day has finally begun, finally we saw the real Stuart. He is kind of cute, funny and full of humor. And my wife said he has a little bit charm of the Stuart little in the animation, as they both have the same name. Stuart is definitely a very good speaker, you can sense his sincerity by teaching you the technique of internet marketing.

Two days lesson has passed, it turns out to be fruitful, eye and mind opening for me. Although I am still doubtful about the internet marketing, but at least it open a door for me. Let me think out the box, that internet marketing is still feasible.

Something strikes me is that, the world has changed so much, many people can just earn money from home nowadays, and made a purchase without stepping out the door. With that, how is the world be like in the future, who will be really doing all the hands on job? Probably robot? Just a thought. Haa.

To find out more, please visit Internet Marketer Journal
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Tuesday, September 9, 2008

Trading Rules

my investment hero - Warren BuffetIf you ask me what is the major difference between a novice and a professional trader, the difference is whether he or she set the trading rules and follow the rules. There are thousands set of trading rules that you can create or follow, what I recommend is that you do not need to create a certain of trading rules, you can just follow them which came from the famous investor and traders.

One of the famous investor that I admire and respect a lot is Warren Buffet. In his world, rules are more important than anything. His famous quote is as follow:
Rule 1: never lose money
Rule 2: never forget rule no 1
Funny enough? But the fact is, many people understand the importance of setting rules but never learn to follow the rules.

For part 1, I would like to share the rules that I follow before I enter the market.

Rule 1 - Always do market research before market open:

Open your CNBC or any finance website to get the latest update, understand what’s happening in the market right now. Either is it oil price drop, or some where having a war, focus on news that may be making any impact to the US market and the stock you are trading. After learning the news, try to figure out the market sentiment, for example, is oil inventory going lower a good thing to the market? Certainly not! With the latest news in hand, it will help you to make a better decision when entering the trade.

Rule 2 - Limit your trading size:

Do not over trade, always make sure you have enough money to play for the next game. Thumb of rule is always using 1/20 of your total money for each trade. If you have $5000, each trade is $250, in that case you can have 20 games to play.

Learn more from TraderWork.com

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Sunday, September 7, 2008

Paul's Trading Journal 3 Sep 2008

Stock Symbol: QQQQ
Strategy: Sell 5 Bear Call Spread contract (46/48)
Sold: $0.945, 8/26
Buy: $0.45, 9/3 (today)
Profit/Loss: + $245
Grade: 5 (1 is worst, 5 is best)

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Enter trade reason: QQQQ cross 22ma to bearish region, slow stochastic and MACD show bearish region as well.

Today is a good day, end my day with 200USD profit. I grade it a grade 5 trade, because it is within my 2 weeks target, with profit percentage > 50%.

The recent market sentiment is bad, with subprime issue is still hanging around, I do not foresee a bullish market coming back too soon. As you see Dow Jones having its 11800 overhead resistance, the chart seems like forming a potential head and shoulder pattern, it crosses 22ma level to become bearish.

Though oil price is getting lower now, but the market see it as a bad sign as oil demand drop. Which means that the economic slowdown might become another fear.

Now QQQQ having its support on 44 level, if QQQQ plunge through 44 level, it could be another potential disaster.

My 2 cents of thought, happy trading ....:)

To learn more, you can find out more free resources from Options Trading Academy. Always trade with your passion! Cheers!
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Friday, September 5, 2008

Start internet marketing business with a blog

If you would like to start your internet marketing business, without having a domain with web hosting service, you might need to start with a free and simple way - blog.

With the appearance of Web2.0 or Weblog, in short Blog, every one can have his own webpage, without paying for the web hosting service. The only difference is you still do not have the full ownership like owning a domain. Nevertheless, blog still enable user to write, upload picture and video.

To start, you may need to consider which type of blog service you like. I would like to only introduce 3 here - blogger, wordpress and typepad.

Blogger is one of the most common and easiest blog service to start off with, it is owned by Google, once you sign in your Google account, you will automatically sign in to your blogger account as well. It is simple to use, with all plug and play method, you can master the art of blogging within few hours.

Wordpress is a more advance version blog service, just like blogger, you can easily choose any template you like. The concept is just like blogger, add your widgets with plug and play method. Nevertheless, Wordpress enable you to upgrade to better feature, like custom CSS, more storage space, unlimited private user and etc with small amount of cost. You can have your blog parking at your domain address from Wordpress as well.

Last to mention - Type Pad, though it is not free service like the above two, it comes with great services and unique feature. Typepad has its own SEO – search engine optimized technique that make your blog easily found by searcher, you can measure your blog traffic without using a third party counter, and typepad is partnered with Amazon, eBay and Pay pal to make you earn money faster through blogging.

That’s all, make your choice and start making money through blogging! Always blog with your passion!

To find out more, please visit Internet Marketer Journal


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Wednesday, September 3, 2008

First trial on Google Chrome !

Get to know the new Google technology weapon - the "Chrome" when I was browing the google finance news, I go straight to download one to try immediately. Knowing the fact that Google always has very good product from the past, and guess what, it is free, why not give it a try.

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After downloaded the application, run it without any hesitation. The simple and clear web browser appeared. It is really nice, it has a very simple and elegant look, show 100% Google origin, and Google's feel. It is definitely a dummy proof browser.

The address box can be served as search box, so that you can actually do your search in the address box without going to any search engine to search for your address. It works pretty well for such a lazy person like me. But since you are using Google browser, which means you are searching through Google, that's all. If you really prefer other search engine, Google allow you to change it in the option setting -> default search to choose your other prefered search engine like yahoo, AOL, delicious..etc. 

The main page will show your most visted page as shadow thumbnail, where you can easily just click on them and return to the page that you just visited or visit most.

On the top side, where tap are located, by using ctrl T, you can create as mant tap as you wish so that you have multiple site. To your preference you can easily dislocate the tap by pulling it away, and it become another separate window.

One more new feature that I like is that, after the download is completed, you can find them at the lower left corner, pull them out it will become a separate folder, or you can just open from there. Without doing anything, the downloaded file will remain inside your download folder. 

On the flip side, I find it a little bit slower, probably my expectation for this new babe would be higher than the rest, would monitor for a few days more before make a judgement on this. After all, it gives a pleasant feeling while using it, probably it is new. Anyway, I am still Google supporter, I am really happy that Google come out with its brower now, congrates to Google!

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Monday, September 1, 2008

To get the Hype of Internet - so I am on VoX, del.iciol.us, Digg & Habbo Hotel now

When I was young, I wonder how big is the world. After seeing the world with our own eyes, you know the world is big but measurable. Now you wonder how big is the internet world, with tons of information flows to the internet every single second, tons of website being created every moment. The size of internet is immeasurable with astronomical number of pages found with every single word you type in the Google search.

Therefore, without intimadating myself for the hype of internet, I decided to explore what the new generation is up to. Then i found this ...VoX

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VoX could be a new generation of blog today, with many free blog services today, VoX is competiting itself with the easy of uploading video, photo and other embeded media. Also you can share to the only appointed or targeted audience. I am still learning about it, but i started registered myself to it, and i know i am lonely now, being none of my single friends use it. If you use it, add me, my user name is orion (but this name is not unique username)

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del.ico.us has it's concept that I like most, a forum like environment that you can know what website that other visit the most, comment on it or copy some one else bookmark. With tons of website in the internet, we tend to forget the full address of certain cool and new website that are useful to us. So delicious play a role here.
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Habbo hotel is kind of fun when it appear in front of my eyes, it is really the hype of the virtual world. To accommodate yourself in this virtual world, you have your own room or apartment. You can choose what you like to dress to meet new people.

I guess it is cool to break the gap when it comes to people who do not like to talk in front of people. By the way, i notice this is not totally free service, if you would like to upgrade your living standard in this virtual world, you might need to pay the physical money to the service provider. haa...ultimately, it is still a business, not NPO.
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