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Wednesday, 4 February 2015

Investing Experience Journey - Part 2

Continue from where I left....
Due to the OCBC monthly investment. From march onward... I will only received  299 monthly allowance.
Every month I will save 100 out of my Allowance throughout NS.
So I will only left with 199
199 - 45[Monthly NS train concession] = 154
154 - 100[ Let take away 100 for misc uses] = 54

With 54 left. How can I maximize the uses of 54 dollar?

Call it Fate or coincidence, around this period, that is when I encounter IQ Option . Yep. It is what you guy expected... Binary Option Trading. But I not gona talk about Binary Scam or Binary is another form of Gambling and etc similar along the line.

Summarize the conclusion of my concept of "Binary Option" Trading is...
People who WIN or EARN from it praise it.
People who LOSE or make a LOSS from it degrade it.
Binary Option have a underlying principle behind it. Knowledge and Research is the Key for Successful Binary Trader.

Nah.... I am not that type of "Student-Type" that must research and study everything first before taking any action. 

More or less, I am a Hybrid. I watch just a couple of video about Binary Option. Somehow get the gist of it, then I am going to act on it.

After some prep-work n simple research. I shortlist into 2 Binary Option of my choice. IQ Option and IG . I choose IQ Option simply because it was more simple and convenient.

Why IQ Option ?
Simple because of the Deposit and Withdraw Limit. With just as low as 10 usd I can open an account.
Therefore, I choose this. There is another decent Binary Option, but I not gona mention about that. Since I already open a real account with IQ Option and deposit 10 usd into it. I am just gona stick to this as my Foundation.

Whatever I do, there must be a restriction and limitation therefore I create my own rules.

Discipline and Rule
Number 1 - Every week only invest on 10 dollar.
Number 2 - If I make a loss, wait till the next week top-up and invest again.
Number 3 - If I make a gain of 50% from the original 10 dollar as a basis. Stop and Invest again on the next week.
Number 4 - Stick to Number 1 be it a gain or a loss and never exceed 50/month

I believe in 1 thing. Success come from countless attempt.
I am not Rich therefore I shall make my own riches through experiences.
Experience will be the Key toward my own Success.

If you guys are curious about it. 
Here the website:

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