WEALTH ACADEMY 15-18 May 2008

My mind was completely blown away after completing Wealth Academy at AKLTG over the weekend. It's a solid 3.5 days workshop and each full day started from 9am to midnight.

Thanks Adam and Conrad, and of course all the coaches for these 3.5 days hardwork, sharing with us various insights about the secrets of success of the millionaires. In one way, I was inspired by all the folks in AKLTG because they are so energetic and look at Adam himself. His almost lost his voice on the second day but yet he continued to speak with inspiration and conviction. After seeing Adam's a few times, now I fully understand why he has been so successful in building his empire of businesses and networth.

I was also grateful to Conrad not only because he is a good friend of mine, he has taught me a lot in terms of his super technical analysis. This guy probably is the best trader in Singapore, and perhaps in this region. His candlestick analysis is the sharpest I have ever seen in my life. Of course, in this workshop, I also learnt from Conrad how he worked himself out of bankruptcy and realised his dream(ok, I better stop him or else Con-man will xxxx me).


Although I met Conrad a few times, this picture was our very first picture taking together. I am sure his students in WAT will be successful because they have a very good "si-fu" and this si-fu is no non-sense guy. While some may say traders are all like that, Conrad being Conrad convinced his students that in order to trade profitably and consistently, always look at defense as the starting point. And you know what, in manging my own trading business, I have switched my mindset from Brazil to Italy. I have in fact written article for Optionetics on this topic because that article was dedicated to Conrad's defensive trading technique and this is why I am now able to achieve my trading results profitably and consistently.





Finally, in this 3.5 days' training, we all had to fork out $200 real cash to play a millionaire challenge. The game is about real life simulation in handling our financial by increasing our income and reducing our expenses, and building our networth by using leveraging and investing techniques. The top 8 students would be able to have a bite of the total pool of cash contributions. I did not gamble in casino (there was one in this game), and I also did not borrow money from loan sharks. I used my prudent financial management primarily based on what I learnt from another good friend of mine, Dennis Ng. So, I managed to snatch the 8th place amongst some 90 to 100 students and won a prize of S$1,180. The tactics I have used, as I mentioned to my team-mates, are what I am using in real life. So, they are not new to me. But after this game, I realized that I still need to improve further in scrutinizing my income and expenses. So, I said to myself from June onwards I will become the senior Minister of Finance in my home to watch closely my income and expenses.

If you haven't been to Wealth Academy, I would encourage you to think about going for it. It will be a mind-blowing experience and the amount you paid will be quite value for money. Trust me, you shall not regret!