About Seeni

Welcome to Singapore Forex Blog

Introduction

All content you see here is basically a reflection of my thoughts and are to be used for educational purposes only. If you would like to follow my trade calls, it is at your discretion and i am not liable if they don’t work out as well as they seem to. After all, this is Forex trading :)

As i am getting more and more traffic to my site these days, i had to put in the earlier disclaimer just to let you know the risks involving my trade calls. This is forex trading my friends and no-one can ever predict for sure what can happen next. The only way to profit consistently with this instrument is to minimize your losses and let your profits ride as long as they can. That can be a very abstract and non-definitive statement. What is “minimize losses” and what is “to ride profits as long as they can” ? After all what is minimize when what can be minimal loss to me, might seem an exorbitant amount to you. What is profits to me, might seem like peanuts to you. This is purely a subjective statement which might vary to each individuals’ trade appetite.

Due to the  amorphous scope of this statement, i shall not belabor too much on this point. What i would like to state is when losses happen, cut loose quickly. When profits are in, let them ride to a pre-supposed position or range, and exit accordingly.

“The best traders don’t try to make right out of every losing trade,
They just cut losses and start again”

My Trading Style

For our students and I, my constant advise would be for everyone to discover and improvise on their own trading style. Once you have that set, your trading plan will be accommodating your style and you should know it as well as the back of your hand. This will ensure that you always do what you are comfortable with and never feel stressed or skeptical about what you do. Trust me, with confidence and self-belief, your trading becomes a lot more easier.

“A Good trade is not when you make profits,
A Bad trade is also not when you make losses,
A Good or Bad trade depends solely on whether you stuck to your plan, no matter what happens”

I am a short term contrarian trader. I look for pullbacks and retracements before taking a trade in the longer trend direction. Otherwise, i will go for longer term reversal trades when the market is very one-sided. It is of higher risk rather than just following the trend, but when timed well, it can be a very lucrative ride, riding right at the start itself.

My Trading Strategies

I trade primarily on 3 things only;

1) Market Psychology
2) Fundamental Fiscal Events
3) News Releases

I use technical indicators only to time my entries and exits to make them more tighter, otherwise, i hardly use technical indicators.

My Trading Journey

I first started Forex trading in Dec 2004. Having to balance my full time job and this new found trading passion, i went on a roller coaster ride starting from this very period.

I had first started off primarily with news trading. Having a very successful few months, i expanded my scope to incorporate manual trading strategies as well. It has been a rough ride since almost about a year later, before i started discovering my own trading style and trade plan. Ever since then, it has been more of a meticulous regimental trade plan execution drills rather than having exciting and emotional trading sessions.

Someone once said “If trading was by plan and timing, it will be a very boring profession. If it is very exciting, either you are losing money or your risk exposure is too high, which will cause you to lose money” – I cannot agree more.

Now that trading has become more of a clockwork system, i am able to achieve consistent ROIs of 15-35% per month, targeting 1% ROI every single day for 20 tradeable working days. Anything beyond that is bonus and i thank god for that. With consistent efforts and compounding, i am able to achieve 100% (or doubling) of any account opened within 3-6 months.

“The greatest shortcoming of the human race is our inability to understand the exponential function.” – Dr Albert Bartlett

Doubled my account in 10 weeks
A record i am proud of and wanting to break again. Doubled my account, 100% ROI in 10 weeks, using pure manual strategies.

Observe;
1) The Drawdown – The worst exposure i ever had on my account was less than 20%. I don’t risk losing my pants with trading, it is a calculated risk exposure.

2) Win % – My trade calls have had winning rates of more than 70% and above.

3) Consistency – Notice how smooth and consistent the equity graph is.

I have chaired conventions/seminars and given speeches on the various aspects of FX trading and trading for that matter. For more details, click here.

In my training company, my partners and I have coached many students to become successful traders and achieve another income stream(active or passive) through FX trading.

If you would like to book me for your event, please contact Emily or use the contact form below;

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