Thursday, August 27, 2015

Be tough during painful times

Thu ... today is bull-day as DOW rebounded 619 points. KLCI green again. KLCI up 7points at the moment.

Today ... I do not have any classes ... no appointment, either. So ... finally could rest to read some books plus hair-cut, service bike and preparing for tmr night's tratles meeting.  Also ... spend some time .. blogging. It is not easy to find inspiration to write these weeks/months/years ... as I m so choked with work-work-work ... classes increased, expanding my biz-network and reaching out with many more entrepreneurs. It is amazing journey for a Math-teacher who know nothing about finances. In fact, as I said many of times ... I was a total financial-idiot(worst case scenario) merely 10 years ago ... and 5 years ago, I came back to KL here, financially-broke (was still in huge debt).

Today ... I will put that as my past ... sharing with many who want to listen to my ah-pek way of sharing ... my experiences, the struggle ... the motivation ... the persistence and hard-work. Not to mention those negative humans around us ... to discourage and insult us. We simply have to move on ... while seeing things positively. Yeah ... the failures taken as stepping stones, easier said than done.



Have you ever lied there on the beach ... during midnight, crying ...and wanting to give up everything ... but you know that you could not 'jump into the sea' as you have a young 2 month-old baby to feed? And you do not see light at all ... and could not afford to feed your new-born baby? Insults from everywhere ... everyone? You are left alone ... feeling defeated? HAVE YOU?

I have those down moments ... so many of times. That was merely 10 years ago.



The baby-boy is 9-yr old now ... liking to play "lego" and his "comics". This picture was taken 5 years ago ... when we just back to KL.

The PAINFUL moments ... spurred me to spring myself up. Newton's third law applied. So ... I decided to CHANGE ... change my mindset about FINANCIAL. For my boy's sake ... for my marriage's sake ... for my own sake!

Ok ... that was my DOWN .. lowest ebb. Lowest point in my life ... never felt so hopeless, useless ... and as the Chinese will curse " no die also no use". true to the point ... if we think we have friends? I do not have one back then in Sabah. I do not think so I have one now, either. Someone who will not judge us ... give us support(money, time, spirit, effort ... helping hands).



From my watsapp : by a blog-reader, MT

MT : Good morning Teh. Wishing you and all at A-Star Tuition Centre good streak of A's students. This is to complement your early journey from Sabah to KL. Cheers.

I received this encouraging message days ago ... from a reader who is following my blog  ... and my journey, I guess. I am still struggling ... yeah, he might be reading this. So ... I will like to thank you openly as those messages spur me to write this post!! Few more readers over the years ... I appreciated their words, tho I do not know who they are, never met them!

So ... I will always like to remind myself of my LOWEST point ... as that was the TURNING POINT. I will always remember ... that my wife gave birth to my boy, we were staying in my in-law's back room ... cramped in with my mom(flew there to help my wife for 1 month). That was the lowest point ... where you could not able to put a smile ... could not lift your head up!! HAVE YOU ever in such situation? TOUGH times ... that last for years? No one trust you ... or look up at you?

Well ... try to recall those DOWN moments ... then, you will appreciate whatever you have NOW, presently. And if given another situation where you need to re-start EVERYTHING again, you knew you will have the experiences to help/guide you. This is HOW successful people ... bounced up, stronger.

Still no convinced that I WAS from that low, without money ... huge debt 10years ago? I am a living example ... this blog is born in 2008, AUG ... when market was crashing down? Lose money is a certainty for newbies and without CUT-LOSS ... losing could be greater. PAIN? In extreme pain before ... cried? Of coz ... but never give up!

Have you ever feel like giving up due to pain? REAL pain inside us?

That is your turning point opportunity ... if you could HANG ON. It is not easy ... in fact, too difficult for many of us to build ourselves ... from that painful situation.


BJCorp : See the PAIN of holding to BJCorp if you bought at RM1? It closed at 35 cents yesterday. My ex-colleague bought at RM1.30 ... when they talked about sports-licence. She joined my trading workshop .... and asked me. It was at above 90cente level in 2012 ... it was during CNY. She listened to her remisier back then to buy ... but never advise on cut-loss??

Pain to cut-loss? Pain to pay some money to learn? Lacking of knowledge in buying cost us much more.

So ... I have learnt to cut-loss!! As traders, we need too ...

I have attended few trading workshops, paid money for them ... costing me thousands. Paid few hundreds (to thousands now) for buying books and materials.

That is PAIN ... pain of learning. We have to be tough enough to continue to learn. Most will fail as it is too tough.

Think of the LOWEST of your point being in markets. Mine was during 2008 crash .... the pain of losing it ALL ... think of those stupidest mistakes we done in trading. Losing all ... and such. Think PAIN ... as that could be the turning point, to be wiser and a better trader.

This post is dedicated to those feeling the PAIN ... what you do with the PAIN is totally up to you.

I used the PAINFUL ... situation ... to re-evaluate what I have done so wrong, putting me is such situation. For example ... why am I so broke when I married and having my first baby boy? How am I going to face everyone else being such a failure? I failed in my goreng-keropok biz then ... argued with my biz-partner and split! The pain ... arrghhh ..

Did you read my blog during my split with Dr JL, my trading partner and a good friend? The PAIN still there in me ... arghhh ... I almost given up to teach trading as the pain of losing a friend was too great for me. That is another arrghhh ...

If I have to recall all my painful experiences, my low-time times ... my failures and rejections by many ... the insult (I still have those insults from i3@forum ... and if I need the dose to push me, I will visit there ... and thanking those critics for making me tough and stronger again!! See how we USE those pain? ... non-successful empty tins in forums wont understand that as they are too busy criticising everyone else, except themselves! hmm ... leave that for another post).

Despite the pain ... I started this blog.

Despite so many failures ... I started to change my mindset.

Despite knowing so many bad/negative people, I only took the positive words.

NOTHING comes easy ... and to be able to take the PAIN ... that is the time we have changed!




Listen to this clip ... I joined Toastmaster last year. This was last year champ ... great talk!

He was in trouble ... in lock-up. He is ashamed ... and now, a successful speaker ... won the world champion! Do you think that is NOT PAINFUL journey?

Read more of those successful stories ... my story is boring tho it was real. I m still far from so-called success ... but I always see myself being successful(including being a good father ... and in my charity cause).

I have knew few successful people ... they all shared some painful stories too. These are tough men ... I respected them highly. I wanted to emulate their success ... I quietly plan my own stories ... could it be story of success?

So ... I m going to share little of the characters needed to be GREAT.

Book-sharing : 8 to be great.

https://www.facebook.com/events/806786649438369/

Join me in the event, 11th Sept Friday ... SS15 ... Subang Jaya.

Be tough. Face our pain ... and we shall prevail

TEH





Monday, August 24, 2015

DOW minus 530 ... Bear day?



KLCI to dive to 1500 level next? That is what many are talking about.
fasten our seatbelts ... we will have a roller-coaster ride.

TEH

Sunday, August 23, 2015

Book Sharing : 8 to be Great


Sunday noon ... while many having their mind in the current sharp correction(some are yelling crash?) in markets ... DOW dived 530 points last Friday ... and oh boy, we shall see more red-sea ...


Hang Seng Index : Broken the 24, 000 convincingly last week. Support next at 21,100 level.

Ok ... forget markets for a while ... I will have an e-public talk about markets tonight (10.15pm) and we shall talk about that, then ... click here : https://www.facebook.com/tratles

Supposed to have a public-talk today (now) but have to cancel due to lack of response. Hmm ... market is THAT bad, ya.


click here for the event-page : https://www.facebook.com/events/806786649438369/

I attended a book-sharing session 2 weeks ago ... the title of "Retire by 40" ... about how a Thai actor quit ... and started his own MLM-system ... and successfully made many millionaires, to retire by 40. It was shared by a young lady, 25 ... who joined the network. They are talking about passive income from MLM system.

Anyway ... my talk is about this book .. which I m sharing with many. It is a great-book ... compact with facts ... steering our thoughts and see if we could view those TRAITS positively.



Listen to the clip above. Yes, I have shared it few times ... and we need to listen to these clips for at least 8 times ... to understand?

I have created a closed Facebook group ... this month we will be talk about PASSION (only one member spoken about his experiences on follow his passion (in doing law)). I m sharing about why I m passionate in Math ... then teaching Math. Now, I m hooked in trading ... passion in learning to trade well and to teach trading.

Ok ... got to go now.

TEH

Saturday, August 22, 2015

The Star of the day : Alfa



Today is the day to joy to me ... finally!! It is up!! Yeah ...

Let me share the story behind this ... nothing is easy, cutting the story shorter.

I came back to KL 5yrs and 8 months ago ... broke without money and financial-knowledge much. Only with IDEAs ... and strong determination to clear of my debt and slowly getting myself financially stable ... and free, one day.

I got a teaching job with Taylor's college (SS15 Subang Jaya). I was new ... without students knew me, and do not have tuition students. I have to search for tuition online, and got few jobs but need to travel with low rates. I was broke and desperate ... so, I took the jobs ... of coz.

I travelled in my small kap-cai (second-hand) to Dua-residence (near KLCC) to teach an O-level girl for RM80 per hour. At times, it rained so hard ... my heart sank ... but my spirit was strong. I never cancel a single class. I need the money to support my family. My debt giving me huge stress.

Then ... my second job at Sri Hartamas RM100 per hour. Travelled all the way from Subang Jaya ... and told myself, be strong ... these are temporary. It is dangerous ... riding my kap-cai at nights. I have to teach after my college hour ...

While trading were good back then (2010-2012 were still easy as market bull) ... I slowly to gain much from markets (and huge knowledge too). I saved every cent ... 1st year with Taylor's college ... I gathered a group of lecturers(my colleagues) ... about 10 of them, to discuss of my idea ... to open a tuition center. Why not? All of us giving tuition?

I was new to them ... new to the place, but slowly building up my name. I started my cohort-0 with 6 of my colleagues, teaching them about trading and stock-markets (one of them became an author and even wrote about investing in stock market!!). No one really took my idea seriously ... the risk, the trouble , the uncertainties put everyone away ... but I never give up!

Slowly ... I planned ... and gathered momentum in my tuition. As I m the best Further Math lecturer around, the news spread easily thru mouth of students, parents ... and I m glad the number of students looking for me for tuition grew.

Mr Teh : Further Math tutor ... call him!

I was observing on the BEST tutors around for other subjects. Then, gather them... speak to them again about my idea!!

So ... 2 years later, I approached them again ... and trying to convince them ... I will do all the operational parts ... they come to teach, and be my partners!!

Initially ... it is never easy. But, I managed to pull thru with them ... based on trust. I set-up the place ... done the furnishing ... and such. The place was up, but the licence rejected. And still have to run to Education Dept and Ministry ... and more depts to get approval. Now we are talking about roadblocks in doing biz!!

2 years ... passed. We were growing the center ... number of students increased as I managed to get the BEST tutors (in A-level science subjects) .. and we worked very hard to make sure it runs well.

So ... today, when the contractor put up the signboard ... I felt so relieved. Phew! Is it that great feeling?

Yeah ... never to give up, keep moving but be only with people who support you (in anything we do ... we might fail initially, we do mistakes and much).

Many stories behind everything being seen. It is NEVER easy. Only those successfully to fail ... and see failure to move up, will know what I mean about the "PHEW" feeling ...

Just like in stock-market ... the dive ... the up ... the surge ... the excitement, despair ... it is emotionally draining many. Only those strong ones, positive ones ... and keep learning to improve, will prevail.

I have started a "8 to be great" and will have an e-meeting about what PASSION is all about ... why it is everything to start ... to becoming something great being created.

Today is just the beginning of my journey ... to establish the center to be the BEST around and expansion is in my mind now.

Great.

Time to have nice dinner to celebrate. And will celebrate with my tutors too!! :)

TEH

Friday, August 21, 2015

DOW minus 358 points : BEAR DAY?

KLCI at 1560.

Maybank at RM8.30, hit RM8.20 level. Wow.


KLCI next support at 1530 ... oversold now.


FGV : If no cut-loss ... FGV at RM1.34 now, new low each day ... going below RM1 as penny-stock? Cheap to buy?

9.15am : AirAsia at 98cents, welcome to penny-stock world.

Ok ... time to rest and read a book. :)

have a nice weekend ahead.

TEH

Thursday, August 20, 2015

Cheaper petrol


Good morning ... bad news here as OIL going to USD41 sooner than expected? But, good news is that we might have a cheaper petrol end of the month. MERDEKA!!

DOW minus 162 ... that short two-days rebound in danger again ... oopss ... here we go again. FKLI minus 12 points.

This is very volatile ... many stocks in my watch list jumped 6-10% up yesterday. The best trade at the moment was bought Coastal 1.67 on Monday and sold 1.78-1.82 yesterday (it went to 1.90, actually). I sold Unisem too ... bought when hammer formed. Many others still stuck ... pending recovery, if any. If not ... cut-loss when it triggers the cut-loss point again.


Coastal : This is a weekly chart ... after yesterday's closing. A hammer is forming, but we need to wait for Friday. I will avoid O&G and has been warning my trading group to avoid O&G months ago. But Coastal with RSI at 9 on Monday tempted me to trade.

Unisem : Shot up ... and sold 1.79 too early.

Today is RED day again ... sell those rebounded. Sell those not rebounding. Sell those below our cut-loss points. Sell? Or ... buy during current FEAR level?

I really want to write about AirAsia as many asking about this stock.


AirAsia : Trading at 1.05 at the moment ... if we are trading without profit-taking/cut-loss ... we will be in huge losses now. I will update AirAsia once it becomes a penny-stock!!

Note : AirAsia is a TRADING stock, not for investing. Some of them speculating that the low-price OIL will benefit AirAsia. Weird ... I thought they hedged the oil-prices at higher level (USD80 level?) ... so it wont benefit them much even oil-prices plunging? I might have read it wrongly. Perhaps ....

Market talk : This Sunday noon, 3pm ... I am going to have a public-talk (Mr Murali@i3, if you are still reading my posts, you are cordially invited to my free-talk ... contact me, ya). I am going to discuss if current SELLDOWN is a correction ... or is it a crash? How do we prepare for market-crash? It is for information and educational purposes. Contact me at cpteh@yahoo.com or sms 012-821 0129. Invite your friends too!!

9.20am : KLC at 1568 level, minus 14 points.

This is how I wrote blog at 1st-2nd year ... I jotted down the level ... few times in a day!! You may check it when KLCI at 900 below level. The excitement to see RED sea ... or bloodbath ... interesting to see how much we are losing money in market, yet ... many newbies DO NOT take efforts to learn or re-doing the similar mistakes again and again ...

9.28 am : 82 winners vs 852 losers

9.30 am : GenM at RM3.93 ... it was previously known as Resorts. I bought Resorts at RM1.90 level ... during the bearish market back in beginning of Jan 2009. But, I never hold ... so, I m going to learn to buy GOOD counters (penny, if possible) during the crash ... but we have to be patient as GenM still at RM3.90 level today ... wait for it to go below RM2 again, ya.

9.35 am : BJAuto recently highlighted by Focus ... rebound and GREEN ... in the sea of red. KLCI minus17 now. BJAuto 2.05 at the moment, I bought during closing 1.98 (sweating now) .. sold 2.07 as I m writing. Phew!! I just posted to my group-chatbox ... as they followed me to buy yesterday before closing. If they are buying/selling, I don't know. All my trades are transparent. So ... I will tell the group "live" ... it is a difficult month ... and keeping CASH or doing short-trading only.

9.45am : KLCI at 1562, minus 20 ... wow.

Terrible selldown this round ... the correction is very sharp with foreign funds continue to flee ... exit our country. Sad case ... as we are approaching the Merdeka day.

Time to go to gym ... to exercise. Then ... 10.30am, back to watch FCPO ... which gap-up-down ... crazy, cant trade FCPO these days. Haha.

Have a nice day ... red or not.

TEH

Monday, August 17, 2015

MEGA SALES in KLCI



BJAuto : Saw this chart ... when I read Focus(since The Edge banned). Support at 2.10 might be vunerable as at the moment it is trading at 2.13 level (down 8% now).

Anything we bought last week or much early, if we do not cut-loss ... we could be stuck with paper-loss ... and yes, paperloss is loss.

11.25 am : KLCI is minus 25 now ... excited? At 1570 now ... tonight e-meeting will be very interesting.

I wanted to write ... so so many DIVING like crazy ... SKPetrol is below RM1.80 now. Avoid O&G counters ... AirAsia at RM1.13 now, wont be seein light any time soon as AirAsia with high foreign funds is another AVOID.

I really want to write ... but need to spend 30mins in gym and then fetch my girl!!

Afternoon ... full with classes and night is e-meeting. How to find some time to post many waterfalls?

Keep cash and wait for the reversal. Do not catch the knives ... it is painful.

Public-talk : Planning a talk this Sunday ... to share my opinions on current markets. Are we in correction or market crash? How should we prepare for market crash?

Contact me if you are coming to meet me (in person). I appreciate opinions too.

Have a nice week (in case I cant find the time to write)

TEH