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Old 08-04-2013, 02:22 AM
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Age 23, Have Yet to Graduate one more year left. Studying Econs and Finance

cash - $25k+
stocks/trading account - $440k+
various funds & endowment - $90K+
CPF - $10k+
No Assets

I started learning about trading at 17 from my parents got addicted/passionate about it. took about 1.5 years to actually master or be fully discipline about it, i cant trade before 18. Starting was hard cause i lost nearly all my savings about 80% it really hurt at that time. I was aggressive and thought i could be a millionaire like in a week. :/

Started Trading properly at 19 with starting amount of $2k with compounding rate of 0.5-1.5% per week. Focus on Indices and forex. I have been told countless time to withdraw but because of its compounding rate i decide to keep it in there as long as possible. But i did withdraw about 40k. Age 20 i paused for about 3 months and then went into HFT and worked with Raptor Co and increase my weekly income to 3-4%(currently $12k to $15k per week) and got 14 friends and family investors, all this while in the army . Hoping to Open a Hedge Fund at the age or 27-28. Right After Graduating I intend to work in Merrill Lynch(SG) for about 2 years and learn more about managing and starting one. Plus i have been told that i am going to need 2 different certs before i can start one. So yeah. thats basically what i feel passionate. I know i am passionate about this is because i don't mind waking up early or sleeping late and i could look at charts and read news all day and still feel alert. I do have a life but before 7pm, to avoid trading hours, i would still hangout my friends Plus My HFT gives me more time.

Its nice to read that there are many millionaires in SG and i hope to be one soon. Plus the cost of living in SG is top 6 in the world. I noticed when i was 19, that surviving in SG with an income below 6-8k is really hard. And now I see it would be close to impossible to own a house without a debt if i didn't started trading at an early age and most people would be working half their life to pay of that debt and leaving them nothing for retirement. And what the new generation failed to realised is the inflation. which is currently at 3-5% per year and employers are still paying the $6 wages per hour,which was 8 years ago,and by right this year should be a minimum of $9.7/hr. Sadly SG has no minimum wage because they want to maintain the low unemployment rate. Well there are many pros and cons.

Lastly, May the Pips Be with you
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