April 2009 Gathering – WAT SG
Friday, 17 April 2009, AKLTG TR 1 & 2, 17:00 hours.
That’s David Caploe, whom I was so proud to have, grace our April 2009 WAT Gathering. It was another fantastic night of sharing and discovering. David’s insights into the “bigger picture” of the U.S. economy and the “goings on” behind the success of Goldman Sach was nothing short of captivating, educational and definitely eye-opening. The amount of knowledge he poured out during his 100 minutes on the floor (he only mounted the stage twice to write something illegible!) … (sorry David!) was more than I had bargained for when I asked him to join our monthly meeting. His seamless integration of economics (U.S. and global economics) into our fundamental and technical approach to investing and trading only helped to reinforce our belief that getting the bigger picture was key to understanding the way of the market. With nothing but respect for this man, I am proud to claim that he has agreed to join us again for another session in the very near future.
Thank you David, for bringing another dimension to our trading mindset.
Our very own Lee Kiat Haw then took the stage for 90 minutes to share his style of trading Futures. This was another enthusiastic, educational and entertaining session from a young man who has an enviable drive to succeed on more than one front … “Stay Hungry, Stay Foolish” young man. You are on your way.
I, of course had my time on stage and apart from the usual fare, on this night, the Alum got more than they expected. It began with my theory on the “20 Year Cycle” and where we should be headed in the near and not-so-near future. (I am pleased to say that even Caploe was blown away by that presentation.)
The “New Standard” for day trading and scalping was formally introduced to SIngapore as the Intra5X. I even put on a trade (during Kiat Haw’s presentation) and made a successful 6 minute scalp on GS before a small eagle-eyed group of traders and Caploe. (See last picture) I also put on a SPY day trade which was closed out after I got home, before the closing bell.
… 6min 24 sec Scalp on GS
… 6hr Day Trade on SPY
… US$549.61 in one night even while I was presenting! All in all, it has been a modestly profitable month of April for me. Its great to be back trading regularly and at the rate I’m progressing, I should regain full form very soon.
The hightlight of the night was the mind-blowing results of the February and March batches’ Sector Rotation research in Jakarta and Kuala Lumpur – out of the 28 stocks shortlisted for gains in March and April, 27 made obscene profits and one had conservative gains. Even some of the Singapore grads who got wind of these tickers made some. Those who got in on the Healthcare Report ran off with handsome gains and those who purchased the Housing Sector Report were still reaping profits as of that night.
It was another great night to remember as this community of like-minded people came together again to network, share, learn and forge new ties. It was wonderful to see old friends and familiar faces and if any of you found your cheeks aching the following morning, it’s only because we never stopped smiling and laughing that night!
<- Me and my GS Scalp.Thank you to all of you who came and although I had little time to say “hi” to each of you individually, it was great to see everyone again. I am so looking forward to our next meeting-of-the-minds.
Cheers to everyone and have a Blessed weekend!
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