My Life
"You've got to be a people person." "If you don't take a serious personal interest in your life, what we want and what is our goals, then we shouldn't be in the business."
| 6:30am | My working day begins to work
with a copy of The Australian Financial Review. It's only 30
minutes reading time I can digest most of the key stories.
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| 7:00am | Start downloading data from ASX
using Data Director and run Omni Trader Trading System. It takes about 1
hour and 30 minutes to complete.
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| 7:30am | Have a cup of coffee and toast
for breakfast while reading the key business news stories from internet (Egoli,
Sanford, CNNMoney, SGWarrant) and scans through any new pieces of company
research that UBSWarburg team of analysts has prepared. I also uses this
time to watch the live news on TV to see what the key US and Europe
markets did overnight.
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| 8:00am | Every morning, I will involve
myself in the share forum (Investorweb), which links up the firm's trader,
advisers, analysts and economists around Australia and sometimes in the
US. The analyst generally use this forum to update us on their latest
recommendations and views on the companies that they research. It is
basically where I get a lot of direction and ideas about which stocks I
should be buying and selling over both the short and long term.
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| 9:00am | Before the stock market opens, I
sometimes calls my mentor (Aunt Grace) to discuss and updates on overnight
market movements, any new idea she has and which stocks she thinks should
be bought or sold. I also use this time to discuss her views on the market
and any good ideas that she might has. After completed running the Omni
Trader Trading System, I will writes all the indicator and signal of each
of stocks I hold. The indicator which I uses are EMA2, MACD, Slow
Stocastics, RSI, Bollinger Bands, Volume, the Support and Resistance
level.
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| 10:00am | Showtime !!! The market opens
and I begins trading. It can often be quite hectic at this time as I am
trying to buy and sell at the best possible price over a number of
different stocks. While trading, I sometimes taking phone calls, updating
and discussing with my mentor.
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| 12:30pm | Lunch time !!!! I like to get
out from my computer and get some fresh air and clear my head for the
oncoming afternoon. Then continue trading.
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| 4:00pm | With the market closed for the day's
trading, I reconcile all the orders I made. Then, I review the
stocks I hold in my portfolio.
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| 4:30pm | I turns off my computer and go out to relax and unwind. Only to do it all again tomorrow. |