Eric Oh  

 

After attending the 2 day seminar in Singapore listening to a top hedge fund manager on his ways to capture major moves is certainly very reassuring that a mechanical system can be profitable.

I came to this conclusion after trying to sit in front of the computer for 12 hours a day after 4 months. So today, I am committed to a mechanical trading model. Anyway I have been trading the forex using a mechanical system for the last 3 years which is automated. This mean the program will place the buy or sell order according to certain conditions, to the online broker.

Often people asked me how whether I am a fulltime trader. Answer - no time because the program follows a strict rule to trade the market. A task which I failed to follow religiously because I always have the urge to improve something.

Trading in my humble opinion is boring. Everyday doing the same thing again and again. If trading were any more interesting, I knew I was going to lose money.

The same goes for property. After buying them, just follow a strict procedure to "aggressively" collect the rent every month. 

Certainly attending all the property seminars by Robert Kiyosaki and Dolf de Roos has inspired me. Reading the books written by Azizi Ali and Renesial Leong on property helped me in understanding the local scene.

The best stories are the goose that lay the golden eggs. Just reinvesting the eggs to buy more houses. A simple fool proof method. 

In my experience, there are 3 areas of business which offers the leverage which is within my reached. 

They are :-

  • trading through mechanical trading system

  • buying auction properties

  • selling info products on the internet 

Soon, I will be updating this page to share my experience on my journey in each of this area.

Thanks for coming and checking me out.

bye,

Eric Oh