Stephen Loke's 2 Sense Worth Opinion And Observations
At some point in one's life you look at what other people have written and think that "Oh maybe I should also write something". Words have the effect to imprint one's view and thoughts about life and share it with others so that they will also benefit from your observations. 99.999% of you who visit this site will probably not know me but if you have stumbled upon this site, welcome and hope you gain something from this site.
This site is just a collection of what interests me:
Enjoy!
This site is just a collection of what interests me:
- Travels
- Photos
- Stocks
- My doggies (Benjie, Bloopy & Britney)
Enjoy!
Want To Learn Stock Trading
And Find Stocks Like These?
In Order To Make A Living In The Stock Market, You Need 3 Things
1. A strategy
Everything in life needs some strategy to win. From the winning strategy in basketball, to badminton to Olympics to building a business, writing a book, making a website or investing, you need a strategy in order to be able to make a living in the stock market. It does not matter what your investing or trading strategy is.
Your strategy needs to:
Your strategy needs to:
- Have an edge. (Win at least 60% of the time)
- Give you lots of upside and a minimum downside. (Good reward to risk)
2. Know The Market Direction
Did you know that 75% of all stocks in the world follow the direction of the S&P 500, Nasdaq Composite and the Dow Jones Industrial Average? That's because these 3 indexes are a gauge of the US economy. The US Economy is the largest in the world and that's why these 3 major indexes will influence the other markets in the world.
In order to be successful in picking stocks, you need to know the direction of the major indexes. How do you know where it is going? Follow my Daily Stock Market Analysis. Simple as that.
I use time tested technical analysis principles which are true today as it is 100 years ago. They are unbiased (at least based on what market are telling us) and I strive to give you a 75% correct analysis. Nobody can be correct all the time. So don't get angry if I'm wrong. I wrote this site to clear my thoughts and benefit those who happen to come by this site.
In the past I have written stock market commentary and I stopped.
Then one day, when I check my email, I received an email from someone in the US. He asked me why I stopped writing and he told me my analysis are quite accurate. So from then on, I knew someone was benefiting from my work. I'm so happy that he loved what I do.
In order to be successful in picking stocks, you need to know the direction of the major indexes. How do you know where it is going? Follow my Daily Stock Market Analysis. Simple as that.
I use time tested technical analysis principles which are true today as it is 100 years ago. They are unbiased (at least based on what market are telling us) and I strive to give you a 75% correct analysis. Nobody can be correct all the time. So don't get angry if I'm wrong. I wrote this site to clear my thoughts and benefit those who happen to come by this site.
In the past I have written stock market commentary and I stopped.
Then one day, when I check my email, I received an email from someone in the US. He asked me why I stopped writing and he told me my analysis are quite accurate. So from then on, I knew someone was benefiting from my work. I'm so happy that he loved what I do.
3. Have Good Money Management
Having a good strategy and knowing the direction of the market is not enough.
You can know a lot and win $1 million in the stock market this year and lose it all in just a few stupid trades. It has been known to happen. This is primarily because of greed and lack of discipline. You need to have a consistent amount of risk each day, each week, each month or for each trade. If you plan to risk only $5000 per trade, then stick to it. Risking $10,000 just to catch up on the last losing trade is a recipe to the poor house.
Will be writing more on this subject so stay tuned.
You can know a lot and win $1 million in the stock market this year and lose it all in just a few stupid trades. It has been known to happen. This is primarily because of greed and lack of discipline. You need to have a consistent amount of risk each day, each week, each month or for each trade. If you plan to risk only $5000 per trade, then stick to it. Risking $10,000 just to catch up on the last losing trade is a recipe to the poor house.
Will be writing more on this subject so stay tuned.
Have You Ever Wondered Why Some
People Are So Rich & Successful?
Hi! My name is Stephen Loke and over the years I have been fascinated with how people like Bill Gates or Elon Musk became so rich and successful. Thus begins a journey of discovery.
In Order To Be Rich & Successful, You Need 3 Things
1. An Idea
It always starts with an idea. Every successful business starts with an idea in the mind of its creator.
- Bill Gates had the idea to produce an OS that everyone will use.
- Elon Musk had the idea to create fast and elegant electric cars.
- Mark Zuckerberg had the idea to connect people all over the world through a social platform.
- Travis Kalanick & Garrett Camp who started UBER had the idea to connect car owners with customers.
- Jeff Bezos had the idea to start an online bookstore which eventually became Amazon
2. Create A Product Or Service
Having an idea is not enough. If you do not have a product or service, your idea will forever just be an intangible thing in your mind. You turn your ideas into reality by creating superb products or services that people will pay you to use. Some great products and services that made their creators billions include:
- Ferrero Rocher, the chocolate we all love to it
- Facebook, a service that connects people all over the world
- Airbnb, a service that connects hosts with travelers
3. Serve As Many People As Possible
You may have a great IDEA and come out with a great PRODUCT. However, it is the amount of people you serve that will determine how successful you are. Time and time again, we see this difference between a great company and just a good company.
A great business aims to serve as many people as possible. The more people you serve, the more revenue you will receive. Consider some of the most successful companies in recent years:
A great business aims to serve as many people as possible. The more people you serve, the more revenue you will receive. Consider some of the most successful companies in recent years:
- Facebook serves more than 1.5 Billion people
- WhatsApp serves more than 1 Billion people
- Snapchat has more than 100 Million daily active users
Discover How You Can Be Rich By
Following Time Tested Principles
On this site, I will be sharing with you step by step on how you can also be rich and successful in your life. Remember, these are time tested principles which we learn from successful billionaires and millionaires. When you study enough of these people, you begin to realize a pattern or trend that emerges.