A Long and Frustrating Journey

I was introduced to stocks when I was studying for my Computer Science degrees almost 20 years ago. I also had my first terrible loss in stock market in that year. As an engineer, I was trained that no problem is unsolvable, and with enough time and dedication, they can be solved. Hence, I have been solving the trading problem for 20 years. I have to admit, this is the most fascinating problem I have ever encountered. In order to solve this problem, I studied classical technical analysis, mass psychology, fundamentals, value investing, algorithmic trading, probability, statistics, and I nearly throw in the Buddhism philosophy. I tried every approach I can get my hands on, day trading, swing trading, value investing, etc. I lost hundreds of thousands of dollars through out that 20 years. I read every investment book that is recommended out there. Reminiscences of a Stock Operator, Market Wizards series, investor psychology books, Extraordinary Popular Delusions and the Madness of Crowd, Value Investing for Dummies, Intelligent Investors, you name it. As I learn and trade, I’m feeling smarter about this investing thingy. The trading results followed too. But like Edwin Lefevre in Reminiscences of a Stock Operator said, “Suckers differentiate themselves by degrees of experiences”. I could be in the stage of a greater sucker now. Sooner or later, if I don’t get my ego in check, market will take my fortune away again, and give me another valuable lesson. What a journey. And I don’t want to stop, “until the day I die”. I’m loving it. Investing could be my life long journey, an intellectual hobby that I can pursuit even when I my body start to breakdown, a passion for life, as I’m convinced it is, for now. (I can sense Warren Buffet is smiling at me now). So here I am, in the middle of my journey, I start to blog, sharing my experiences. Maybe it’s for my son, one day he can understand what his old man was doing every day. Or maybe it’s for reputation building, dreaming one day that I can start a hedge fund. Most likely it’s for connection, to the world, and to share my insignificant experiences.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: