Saturday, March 24, 2007

Getting engine started

It's seems so long that i didn't blog, wonder where would i start off... hmm... Practically, i'm busy starting of this new year, with new agenda and new target to achieve. Somehow, along the way, events and things don't happen according to my blueprint. That's why things need to be review on a monthly basis.

Basically, i didn't manage to trade much in the first quarter of this year. First, there was the New Year, then Chinese New Year, then changing of new job with new roles and responsibilities.. Sometimes, i really puzzled at how TIME really fly, without me knowing it. Once in a while, i do check on the FX market, to see how's the overall market sentiments.

This whole month of March, my internet connection really giving me a lot of problem. After some checking and forensic analysis, it was due to my Modem giving me problem. Thank God this is now fixed.

Starting next Sunday, it will be an embarkment of 2nd Quarter of this year. 1st Qtr, i strategize that i park my money in T-bills, as it is a zero risk with reasonable return. Guess what, 3 months Singapore T-bills return dropped from 3.1% to 2.5%, this is indeed a huge gap of dropping. I haven't turn to Bonds yet cause bonds need some study and research.. Kinda like a long term investment with at least 1 - 5 years. The one thing i don't like bonds is that, bonds needs to pay commission or some handling fees plus it is a long term with reacting towards the interest rate fluctuation.

Should i seek salvation towards FX?? Good question indeed... I was really eager to trade on 1 Qtr, then, last year liquidity for Jan is good, and turned kinda illiquid in Feb and Mar. Well, my good friend Zeus was saying that 1 Qtr of this year seems to be good compared to last year. Therefore, I'm really eager and excited towards going back to the FX market again, seeking for new adventure and at the same time, donating to the FX community. :) Ok, just a joke....

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