My Journey to Financial Freedom and Success In Life

SWEET is the word.

Muaaah. After about 2 months of options trading, I have decided to reward myself by withdrawing my FIRST US$5K from my online trading account. It is like my first paycheck. Can you imagine the feeling? Hooray!!!

Also, on a brighter note, US economy seems to be less negative (note my choice of words here) with recent economic reports released.


- 3 major indices in US crawled up for 3 straight days last week although DJIA was down 134 points yesterday .
- Crude Oil price soften from high of US$135/barrel (but my guess is, it will never go back to the sub US$120 level)for the time being.
The US Commerce Department said on 29 May (Thu) that GDP grew at a 0.9 percent annual rate in the first quarter. That marked an upward revision from 0.6 percent rate estimated a month ago and an increase from the fourth quarter's 0.6 percent gain. That is 50% gain man. Ha Ha Ha, sounds like a very big margin but just a meagre increase of 0.3%
- My guess is Fed will increase interest rate soon. This will be good to curb currrent inflation.

All seems to be positive for the time being.

How am I progressing?




ANALYSIS

Goal #1:
Hope you like my more frequent updates now. Actually, when I was blogging, I chance upon this blog about airline crews. You may wish to take a look at it, quite interesting and juicy. Here is the link:Click Here


Goal #2:

I was more cautious the last 2 weeks so I did not trade much. But a surprising 20% is still not bad. Now, my account has US$5K less after my withdrawal. Well, at least I have a healthy portfolio with the $$$ I compounded over the last 2 months which allow me to own a basket of stock options. hehehe

Goal #3:
I started adding meat to my methodology. Completed my first chapter. I also consulted a few people to ask for comment. Looking forward to test is on guinea pigs soon.


So much about myself. How about YOU. Yes, YOU..... Have you acted yet? If not WHY? Here I go again, "only you can help yourself".

Meanwhile, trade WISELY and CONFIDENTLY.