Life is Random.

I have been doing a lot of thinking on trading.

The more I look, read and think about the market the more I believe that the market's actions are completely random. Its behaviour is unpredictable, and that no single reason predominates.

No matter how convincing the argument, the outcome of the choices we make is uncertain. Whether we use TA, FA or a combination of both to forecast the price movements of a warrant or stock, it is only a guess.

When we risk our hardearned money on a trade with an uncertain outcome, it is in fact a gamble.

Therefore more thought should be directed at generating good trading signals, determining the optimum amount of wager per trade and the risk undertaken for a winning trade.

Blog: etfxray.wordpress.com

ETFs are all the rage these days.

Found this blog at http://etfxray.wordpress.com that offers the goss on ETF funds. Who's buying and why. How it works that sorta thing.

Check it out.

Back from a Long Break!

Sorry for the delay in updates, coming up with new entries for this post took a back seat while I sorted out my life.

I am very excited to share with you readers an interesting email I received from SGX-MAS Research Incentive Scheme detailing upcoming free seminars as part of SGX Investor Education programmes:

NLB-SGX COLLABORATION

Jan 10 "Learning about Investment Products: What are Exchange Traded Funds?"
Speaker: Ms Christine Huang
Vice President, Lyxor Asset Management

Date/Time: Wed, 10 Jan 07, 7-9pm

Venue: National Library, Level 5, Possibility Room, 100 Victoria Street

- Introduction of Exchange Traded Funds (ETFs)

- Benefits of investing in ETFs

- Overview of SGX Listed ETFs

- Investment strategies using ETFs

- Commodities ETFs

- Upcoming ETFs

PLUS - find out more about IRIS (Investment Resource Information Service at NLB). Enjoy FREE access to SGX archive information going back 10 years, ShareInvestor's market data and trading tools, NextView Advisor's investment dashboard including charting and analytics tools and Standard and Poor's credit ratings and investment research information)

Admission is FREE.
For more information on this seminar contact the National Library or SGX on 1800- CALL SGX (2255 749).

Why I am going.

Firstly, I want to know more about ETFs as a tool for accumulating wealth by an investor.

ETFs are wonderful devices to lock in your wealth while at the same time preserving it from the ravages of inflation. I am interested in getting some ETFs cos I want some exposure to blue chips which tend to do better in bullish economic cycles.

But I was thinking the other day, if you can buy blue chip stocks such as SIA, DBS, etc in Odd Lots using POEMs Unit Share function to keep your accumulation costs low. Why bother with ETFs at all?

Secondly, NLB (National Library Board) and SGX have collaborated to create this platform called the IRIS (Investment Resource Information Service at NLB). Key: Enjoy FREE access to SGX archive information going back 10 years

There's a gold mine of information right there for you. We used to have to pay to get that data, now they're offering it for free!