$BABA STRANGLE 250417 PUT 130.0/CALL 145.0$ share for coins 

$COIN STRADDLE 250417 PUT 160.0/CALL 160.0$ share for coins 

$COIN STRADDLE 250417 PUT 160.0/CALL 160.0$  Sharing for coins. See if it works 

As 2024 draws to an end with Christmas bells ringing, I finished adjusting most of the positions for the year.  Looking back, I started 2024 with backlog from 2023.  I did 2 major mistakes then in 2023. 1. Overconcentrated positions in Alibaba, which resulted in big swings against my portfolio. Margin requirements went up significantly also, as at peak, up to 80% of my margin requirement was used up by Alibaba. I resolved to reduce my Alibaba sizes in 2024 and diversified away.  This is also the reason why many experienced investors advocated portfolio and risk management. Over concentration does bring fast money, but disproportionate risks as well.  2. Earnings play. During 2023, I dabbled in earnings play by selling short strangles. Most of the time, I made money, but

First time I heard about left and right side trading. [LOL]   Usually the terms I am aware of is momentum trading and value investing. Trend following or contrarian investing.  In order not to mix up the directions, I will just comment in terms of momentum trading and contrarian trading.  Momentum trading focuses on identifying new trends early and ride the trend for as long as possible until hit set targets or before reversal of trends.  Contrarian trading focus is on identifying Reversal patterns, usually after bull runs or bearish plunges. Then trying to plan early start to new trend or have additional buffer.  Personally, over the years I realised that trend following doesn't suit my style.  Trend following can't start early without clear signals

$Tesla Motors(TSLA)$   Robo taxi could end up being a sell the news event.  If the recent rally is really due to robo taxi optimism, it's actually A scary reason to buy in at current prices.  Robotaxi has already been scheduled a while back and kept on pushing back. This rally could just end up being a relief rally instead of a rally with legs.  Investors/traders are relieved that finally there's more concrete news on robotaxi. However, the bar for disappointment is very high. If the event is merely to say that robotaxi is ready, but no concrete details on when will authorities allow it, it's just saying that tesla now has FSD, but government doesn't allow the usage of FSD. Hands still n

Bonta is a cute mecha from full metal panic anime series, which is piloted by Sagara souske who grew up in war torn country and lives his life fighting battles. The pilot reminds me that investing is a war zone, and every battle should be fought seriously. Fight to win, if conditions are unfavourable, retreat, regroup, replan and fight again. Bonta being the cute version of mecha, reminds me that money is important, however, I should balance with other aspects of life, and do not get swept away by financial pursuits. It marks my approach towards investing. Invest to make money. Investing needs to have strategy and plan. Won’t win all battles, retreat, regroup and continue fighting. Meanwhile, dun forget that life is more than just about money. [Cool]

Back in 2022, I wrote an article about my visit to Tesla's Singapore's showroom and how unimpressed I am by Tesla cars. It's overhyped and expensive for what they provide. During that time, there were significant tesla cars on Singapore's roads. Fast forward 2 years later, the EVs on the road are dominated by BYD. BYD managed to produce cars that are high quality, functional and yet cheaper than tesla.  BYD cars are winning awards in 2023 With tesla no where in sight.  To make things worse, other car companies like Hyundai are improving their ev quality, such as Ioniq 5 which won car of year award. Tesla has been losing its edge as a car maker as other companies start to close on to their lead. In BYD's case, they simply walkEd over tesla and claimed their lead.  Elon musk h

Being a contrarian investor/trader, markets at all time highs are not music that I will want to hear.  Toppish markets makes it difficult to accumulate undervalued stocks or identify undervalue opportunity.  There's lots of talks and advise on how this stock market rally still have legs as earnings is still expanding and we should be evaluating based on future earnings growth. Sounds good and sounds factual. stocks are forward looking, earnings forecast is forward looking, however, when everyone is an optimist, funny things happen. Just look at the fall during august 5th.  Compare that against volatility chart $Cboe Volatility Index(VIX)$  Recent volatility are at lows, which means that there isn't much fear in the markets. What

I believe in spending as a portion of income instead of asset. For dividend investors, when we look at dividend returns, do we look at it from angle of cash assets from company cash or is it from Free cash flow? I believe that in order for dividend returns to be substainable, it should be from what is recurring. When we spend a portion of recurring income while Leaving capital untouched, we can use the capital to invest and in return even higher cash flow. Hence, I believe in spending as a portion of recurring income instead of vs assets. Similar to how we evaluate dividend companies. With regards to 1:100 or 1:1000. Using the same approach, but vs income. When income is $4000, spending $4 won’t be painful. But spending $40 builds up rapidly. Hence, before income is high enough to spe

Wow. Timing of this question is great. Singapore recently completed phase 2c of primary school entry. Many parents place extraordinary focus on making sure that their children enter into top schools. They shift homes by buying million dollar properties. By volunteering in schools and communities just to let their kids have that little bit of edge into entering a top school. Excessive and crazy? There are many who believe that pushing their children hard will give them that edge in life to do well in future. These are the so called tiger mums. I am honestly a failure of sg education system, I score poorly in school, nearly kicked out of university. Whereas my wife was a top student, who score As. Guess who is doing better now. [Cool] I believe in letting my child grow and find her intere

Harris lead is getting more and more significant while trump is getting into more and more missteps after his bravado during the shooting Incident. Harris is gaining in key Battleground states and the polls confirm the lead that she has over trump. https://www.straitstimes.com/world/united-states/new-polls-give-harris-a-lead-over-trump-in-3-key-states?utm_source=flipboard&utm_content=topic%2Fworld As trump is the type of guy who can't take losses, even losing the polls is going to make him get him unhinged. His age and mental decline isn't helping.  Playing "my heart will go on" for rally, isn't that brilliant a move. Use a song that foreshadows the sinking of a gigantic ship for his campaign is simply brilliant, until Celine dion's spokesman need to question their decision.&

$Meta Platforms, Inc.(META)$  Meta earnings aftermath is the reason why I purposely avoid trading around earnings season. Earnings is very difficult to predict, and big swings can happen. I would rather enter new positions post earnings. Regarding meta, it's current core business is still doing well, but its heavy expenditure in AI is concerning. I do agree with the benefits of AI, however, market appears to place too much focus on AI. Hence, I am avoiding the AI related stocks. Volatility is expected to still remain high for AI related stocks 

$Meta Platforms, Inc.(META)$  earnings is coming. To be honest, I dun really monitor meta as there are certain reservations that I have, even though meta is performing so well until it's regarded as part of Magnificent 7. On broader picture, I have been positioning for at least a dip from the recent rallies, hence I didn't really care about the recent fall. The recent rallies are tied too closely to Mag 7 and ai craze, and is actually risky. Too much wealth is concentrated in too few stocks, the risk of reversal happening due to change of market sentiments can spark sudden reversals and bring down the entire market.  True, there are many who emphasised that the markets are not in bubble territory as earnings is

Already been positioning for market reversal for a while with $ProShares UltraPro Short QQQ(SQQQ)$ $Direxion Daily Small Cap Bear 3X Shares(TZA)$ and continued selling calls on weaker stocks and stocks that I owned. Hence, my account actually rose instead of drop. Unsure of how long this reversal will last. Will have to remain nimble and see when to sell puts for greater margin of safety and take profits on my hedges.

Not really linked to the recent sea of red in nasdaq. Haha. Been lagging in my portfolio for a while. Has continued selling covered calls on it, to slowly recover from the loss. Well, There’s ups and downs in investing . Just how do we manage it

Being in construction industry brings awareness of construction materials like $PanUnited(P52.SI)$ $BRC ASIA LIMITED(BEC.SI)$ , construction players, real estate and supporting companies like dormitory providers. An example of how I used my knowledge is $Centurion(OU8.SI)$. They are dormitory providers. Their prices was very depressed during covid as workers were sent back due to shutting down of construction sites. Post covid, when construction restarted, it was extremely difficult to bring in wokers as there wasn’t enough dormitories. My company was struggling to bring back workers and basically have to beg for slots in dormitories. During that time, I

Critical thinking is essential for investment success. The issue is that investments are not straight forward. There are many roads to get to Rome. We can’t follow people blindly. Everyone will have their own agenda, and frankly they dun care about us. Roaring kitty won’t care if u make money. Elon musk dun care if u lose money. We have to think of what’s their agenda, is it wise to follow them? We have to think for ourselves and decide what’s best and what works for us. It could be stocks, It could be bonds,it could be options or ETFs. It’s one thing to follow a mentor/influencer for hand holding, but what if the mentor is wrong? What if the mentor is no longer around? It is still way better to take responsibility for our own investing journey and to develop our own knowledge, sty

Beginners tend to have better luck as they are more worried. They tend to follow rules closely and somehow tend to be luckier. The issues come when people start to think that the results that they have gained is due to their capability instead of attributing it to luck. That’s when they take on more risk and get greedy. That’s usually when the markets will give them a wake up call and let them Smell the roses. Many will quit then, especially those who over leveraged and went all in. Those that maintain tend to wake up and have second awakening and start to be more humble and learn more. Results will improve until they get overconfident again and markets will reach them a lesson yet again. That’s y it’s always impt to be humble and respect the markets and follow the rules to prevent collaps