希望するもの

日本語の練習ために、これから、日本語BLOGかいてみて。

希望していること：

１．JLPT N2 試験に合格するように。

2．新しいやお買い得ように

３．Noahの願いを大学に受け入れられるように.

4. 株式取引で12％の利益ように

Monthly Update for Trading Track

 Below are monthly tracking for two accounts I am currently managing:

The main strategy used are Covered call and Cash secured put, vertical spread, with some calendar spread.

The past FB, AAPL and MSFL earning play were also very successful.

Yesterday, we saw some bearish sentiment, both NQ and ES dropped  7%.   Will reduce the positions size and place some bearish strategy and hedge and wait for right opportunity to invest some selected companies with good fundmentials.

Goal Setting

 One of my friends texted me this morning, he had been awarded as Best Performance Salesman last year.    He thanked me " It would not happen, had you have not asked me to set goal."

I am so happy for him.

It is so important to set goals.  I believe that any achievements in life start with a thought of "I want""

A thoughts leads to an action

An action leads to a habit

A habit leads to a character

A character leads to a destiny.

There are mainly three steps of setting goal:

1.  To know what you want

It may seem easy, but many of people do not really know what they want .  They just follow their parents, teachers, and peers, to live a life to please everyone but themselves.  The true motivation is always from inside, to find what you really want is the beginning of true motivation.

2. To set SMART goal

S : Specific,  

Write down your goal as specific as possible.  It is no good to just say "I want to be a good student", First, you need to define what is good. , good grades, good social skills, good character etc, Define and focus on one area, go down to each tiny detail to define and refine what do you want.  You will not achieve your goal, if you have no clear picture what do you want to achieve.  

Specifically  "I want to improve my grades by 10 points" is much better.

M: Measurable.  

Let's be honest, don't fool around yourself.  You won't be able to achieve what you can measure.  If you want to be good in grade, academic score will be a good measure.   Your goal, no matter how big, how small should be have measurable matrix for you track.

Measurably: "I want to improve my grades by 10 points" 10 points is your measure.

A: Achievable  

What is difference between daily dream and goal?  Obviously, one is achievable, one is just as mist.  No matter how little progress/ achievement you have, it will boost your self worth and self believe, reinforce the positive behaviors which leads to form a habit.  

To break down a big goal into few steps, to mark each step as milestone for achievement, by doing so, you will have achievable goal.

Achievably: "I want to improve my grades by 10 points" is 10 points is achievable?  be honest with yourself, if not, start with 1 point.

R: Relevant

We are human beings with limited time and resources, therefore, start with something relevant to your current situation is important.  That is why the first step "To understand what you really want "is so important, as  you can focus your time and energy to your top priority.

Relevantly: "I want to improve my grades by 10 points" is relevant as I am a student etc.

T: Timebound

Without clear timeframe, it is meaningless for setting goal.  The old Chinese poem 明日歌, was just perfect to describe this point.

明日复明日，明日何其多，
我生待明日，万事成蹉跎。
世人若被明日累，
春去秋来老将至，老将至。

朝看水东流，暮看日西落，
百年明日能几何，听我明日歌。
朝看水东流，暮看日西落，
百年明日能几何，请君听我明日歌。

Timely: "I want to improve my grade by 10 points this year".

3. Plan, action plan, weekly plan, daily plan to do list

Okay,  you really know what you want and you have a SMART goal.  Now it is time for plan and action.

Make list of action plan that you need to do.  breakdown into monthly, weekly and daily.  Then stick to it.  Remember, Action leads to habit,  after stick to action plan, you will develop a habit, with good habit, you will see progress;  with progress, you will increase self confidence; such self confidence will reinforce your action, so on and so on.

It is not too late to set goal for 2021.

 We are just in the January of 2021. it is never too late.

My Goal for 20201:

1. Pass JLPT N2 in 2021

2. Double my trade account 

3. To connect three people and help them in small ways 

💪

CSP Update Week Jan 9 to Jan 15, 2021

 Week 9 to 15 Jan, 2021.  Cash Secured Put Update:-

The net profit for this week from CSP strategy: $ 1,449.50; ROI: 2.61% per week.

I am taking conservative approach of CSP.  I set aside about 1/3 of total buying power for CSP, besides long term shares, I also set 1/3 to manage covered calls positions.

Starting with strategy, there are two types of puts selling:-

Type 1) selling puts for income; for this type, my goal is income, I don't want to get assigned, therefore, high IV rank, reasonable high ROR, and relative lower RSI are the keys criteria in selection of tickers and entry timing; the put I selling typically is around .30 delta; and very often, I don't hold till expiry.

Type 2) Selling puts for Long stock with discount, identify growing or potential stock for long term investment. Cathy Woods listed out 5 disruptive innovation sectors in which ARK has been solely focused, those are potential long term investment, I set my own price targets on some of those stocks, selling puts till being assigned. For this type, the company's fundamentals is more important than TA;

CSP is very capital intensive, so proper allocation and right position size are important. To keep enough Buying Power is crucial when adjustment and rolling are needed. Typically, you should have at least 1/3 of your total capital size as BB to standby.

One last words on Return on Risk. ROR=Premium /strike price, personally, ROR >1.0% for 10 days is good enough, I don't think it necessary to chase after ROR, different trader has different risk appetite and risk management skills,

Wish you all have a good weekend.

Review Last Year's Resolution and Achievement

 At 1 , Jan 2020. I wrote the following resolution.  Here serves as review .

1. Family

• To be supportive and kind mother to my children, to be understanding parent to them
• Not to easily lose temper
• Always to find positive response towards them

Action: to make time for family and book the special date for it.

2021 Review : the above achieved 90%,  more effort should be made towards Stephen and Petra.

2. New Investment plan

• Put effort to study
• Make investment plan
• To acquire one investment property

2021 Review : the above achieved 50%,  Make attempt to purchase UK property, but cancelled due to Covid outbreak.  Will be looking into it in USA in this year. Investment study and option trade was fruitful, need to continuous effort in this year to make consistent and sustainable.

3.  Japanese study

• Continue the study and make improvement on oral 
• Take JLPT N2 at end of Dec

2021 Review : the above achieved 50%,  JLPT N2 was cancelled in July, and had few slots in Dec, will be taking JLPT N2 this year July.

4. Health

• Reduce the drink, eat less meat
• Exercise at least 3 times a week.

2021 Review : the above achieved 90%,  I am happy to see my weight was reduced from 62 kg to 58 kg; this year will increase effort to have regular exercise, to aim to reduce the weight to 54kg.

All Thanks give to GOD

 For 2021, I have made the following resolution:

1.  Further fine turn the trading plan and strategy;  to focus on the strategy selected
2.  Aim for 10% annual return.$3000/per month income from trading.
3. Aim for scaling up by teaching others to learn the same process and strategy
4. Make time for exercise and writing. 
5. Make time for children.