I want to thank all of you for your emails about my blog. I’m really happy to hear that you’re learning a lot and taking control of your financial future. Some of you have asked me which websites or information sources do I research or get the latest stock market news. One site that I go to is cnbc.com. They are an american business news channel that provides very up-to-date stock market news. As well, I like bloomberg.com and like watching both cnbc and bloomberg’s tv channels. Enjoy the blog!

Anyone believe in superstitions? Maybe you blame your bad day due to the fact that it is Friday the 13th? Or perhaps you walked under a ladder? Or you open an umbrella in the house and this will lead to bad luck for you. Some traders and investors, especially Asians, including me tend to be aware of superstition beliefs and how it may impact their luck in the stock market. Luck? Some of you may be thinking that there’s no such thing as luck right? Well if you’re hoping that having luck will help you make money then I think you need to get a reality check. But… I think that if you can create a positive environment where you work or trade then it can potentially increase your productivity and ability to make money. This concept is commonly referred to as Feng Shui. For those who don’t know, the word feng shui translated from Chinese to English means wind – water. It is a Chinese art or practice of creating harmonious surroundings and used to analyze the energy of any given space. This means that the way of choosing and arranging work spaces can promote balance, comfort and therefore, lead to health, wealth and success.

So let me give you one example of how I practice feng shui. One example is no matter what environment that I work or trade in, I prefer to sit in a position of strength where I can see what is going on in my surroundings at any given time. This may mean that I choose to sit in an area where my back is against a wall. The reason for this is you don’t want to sit in a vulnerable position where you could be surprised by someone sneaking behind you. If we have the chance to meet, don’t take it personally if I fight you for the seat closest to the wall.

I hear a lot of people tell me that their daily life is so busy that they don’t have any time to do anything or let alone, set aside time to trade. On the weekdays, they struggle to get to work and once they get home from work, they are preoccupied with their daily routine of cooking dinner and watching their favorite sitcom. Then when the weekends come, they go out to have fun and party with their friends. There’s nothing wrong with this but when I hear these people complain about their life and how they’re not making enough money, I tell them that they’re not allocating enough time to focus on their goals. Here’s what you should do:

1. Write down all the goals that you want to achieve
2. Prioritize what goals that are the most important to you
3. Write down a time deadline that you wish to accomplish each goal
4. If your goal is a financial one, write down the $ amount that you need to reach and calculate how much you need to accumulate every month
5. Determine whether these goals are realistic and adjust accordingly
6. Review these goals every day and ask yourself what you are doing to achieve them

One key that has helped me get started in reaching all my goals is to focus on one or two short term goals that you can achieve right away. Once you realize that it’s not as difficult as you thought, you will feel confident of reaching all your goals and living the life you always wanted.