Thanks, Conrad

My best trading pal, Conrad Alvin Lim mentioned me in his blog, and guess what? I received two friends request in my Facebook. Not a bad way to attract traffic and increase my profile (do I really need a high profile? I don't actually).

Without sharing too much the stories of my two new friends, I would just like to highlight the difference between Wealth Academy Trader ("WAT") and Optionetics two-day intermediate seminar. I consistently receive questions, specifically asking me to compare and contrast these two courses. It's like "Greeksman, I am considering either WAT or Optionetics. What's your take?"

I see the comparison as that of an apple with an orange. I am not in the best position to comment on WAT since I am never Conrad's student myself. However, from the conversation I have with Conrad and his students, and since I have the honour of being a special guest in his WAT forum, I understand that WAT provides basic training on trading matters.

In my opinion, whether a person decides to trade stocks, indices, options, futures or forex, because he chooses to be a trader, he has to acquire the basic skill. I believe therefore WAT is a good course to help aspiring traders to build their foundation. I don't any get commission from Conrad though to say this. I do find that had Conrad taught WAT earlier, I would have had become one of his students so that I can brush up my technical analysis and candlesticks.

In the world of Optionetics, however, apart from having a basic technical training, one will add on the foundation of options. So, one can start trading options assuming that he has already had trading skill. I sincerely believe that this should be the case. If one starts immediately to trade options, it's like "Hmm ... you are driving a F1 race car without having a driving license". I am not saying that it is not possible but you know the risk involved.

In the end, whatever one decides to do, he must understand why he is doing what he wants to do, and do whatever it takes to achieve the goal he set for himself. So, if you are interested in knowing more on Optionetics, do drop me a note or come to one of our previews by registering at http://www.optionetics.como.sg. The previews for the upcoming seminars will be 7-9 October in Singapore, and 11-13 October in Hong Kong.

If you are physically in Hong Kong, please come to Langham Place, Mongkok on 11 Oct at 1:00pm. Why? It is because for the first time in Optionetics' history, I will be doing the preview in 100% Cantonese. The slides will all be in Chinese too. So, if you are interested in hearing Optionetics talk options in Cantonese, I shall see you in Hong Kong. I am sincerely looking forward to it.

WEALTH ACADEMY - CONGRATULATIONS ON BATCH 13

Congratulations to the folks on the right of the photo who completed Batch 13 of Wealth Academy on 18 - 21 Sep 2008.

As I told my fellow coaches, there is always a reason for everything. I am not going to AKLTG to coach for money. In fact, I came out with my own money to be a coach. But why did I spend my weekend there at the expense of many things which I could otherwise do? I sincerely believe that as I meet people from different walks of life, it will inspire me and sometimes I do learn something from the others by understanding their questions, and talking to them. So, there are values I found in engaging conversation with different people.

Thanks Adam for his thoughtful remark at the closing ceremony by framing me as the "Best Options Trader in Singapore". This is despite the fact that my readers jolly well know that AKLTG offers an options trading program and there is a perceived competition between AKLTG's options trading program and the options trading program along which I tag. He does not mind doing the introduction. To me, Adam has inspired my life since I joined Wealth Academy in May this year. I learned so much from him in terms of how to be empowered by doing just simple things every single day.

Conrad? Well, there is nothing more than I can say. This guy rocks and he is what I call one of the best day-traders in the world. Who can compare with him on his knowledge in candlestick patterns? I can't because I am a beginner in candlestick analysis. Actually, I don't need to use candlesticks so much in my options trading as I am primarily a premium collector. However, I found the knowledge in candlesticks a must in my forex trading because there is no premium collection strategy but purely directional play. So, it becomes a MUST for me to learn it.

Thanks Terry for doing a fantastic job as the Program Director. He is an amazing chap with a lot of energy, and he led the team to provide the participants, Adam and Conrad with tremendous support. Of course, to my fellow coaches, you guys are great because I learned something from you too - Kavin, Michelle, Serene, Joshua, Vincent, Bernard, Vivian, Allan, Ruben, Cheryl, Melvyn, Lawrence, Justin, Alicia, Mark (I hope I did not miss out anyone ...)

That's why I keep going back to AKLTG, a place to allow me to be energized and empowered.

Finally, I would like to thank Arthur, one of the participants for providing the picture so that my blog can now be updated with a graduation photo!

So, if you wanna come back to be a coach in WA 14, it's going to be fun.