Wealth Academy

Alrite..u prob hav noticed..that i haven been ard to post too much.. This is becos i've been away on course the past week..e course i was waiting for - Wealth Academy - by AKLTG finally commenced. It is highly anticipated by me becos in my opinion, this is more worthwhile than any..n i mean ANY university module has to offer.

It was a course with practical application possibilities and sets u to take action and workable strategies immediately. All in all..i felt it was great value for money although i painfully paid around 3k for the course. But the course is actually a 18mth package..which included booster sessions..follow ups..post course workshops..helpline and many other value adding services. Thus to me..it was 3k well spent.

activities to get everyone going..

It was held at the expo and commenced at 9am daily and ends at 1am in the morning..which shows how packed and how slp deprived i was..

Thru this course..i further understood y AKLTG (Adam Khoo Learning Technologies Group) is currently the best training company in Singapore in both the school and private sector. Cos they practice what they preach..' Always over deliver'.

Although I have seen and spoke to adam in person for quite a few times..i have nv attended any of his courses. I was curious to see how he manages to win the acclaim of so many trainees in the past. Not that i doubted his abilities...(if i hav i would not hav bought his books)..but i wanted to see for myself why he commands up to $1000/hr just as a speaker.

Adam Khoo . Alan Phua

The coaches that helped make the course possible

He was able to keep interest of the audience up and while he teaches many concepts..he was able to make it a joy to listen to him and also link up to the demographics. From his course materials...researches...content...i could see that a lot of work has gone into making the course the success it is now. The amount of content was unbelievable..and even though i majored in finance..and investment b4 SMU..i have to say he (together with conrad) has really shown me strategies that blew me away. The very same strategies that Warren Buffett and George Soros used to make their millions and billions with little or no risk at all.

This is why i said..it is in my opinion..more worthwhile than any modules that any university has to offer. Like the likes of Bill Gates, Jeff Begoz, Steve Jobs and Robert Kiyosaki says.."success has got very little(if any) to do with school".

Andrew . Clarence . Alan

Clarence went to the course with me..and he was in a critical mood..since he too had to pay 3k for it. And after being critical for the 4 days course..he too realized that..it was realli a course packed with value and was worth the money..guess we both needed some directions and pushing as well..

At the course..there were veri veri little ppl dat were from the same age group as clarence and I was..n that was not necessarily a bad thing..cos we were able to network with many different talents that has got expertise that we could tap on. For the first time..i actually ran out of name cards to exchange with ppl..and that reminded me to always carry extra cards..esp at events such as this..

researchin..n somehow..andrew took my pic..

alot of the fellow course mates alreadi hav their own families..and were faced with many constrains that I currently do not have..and they all said the same things.. "I wish I knew all these concepts..when I was at ur age.."..and it further re-affirmed my belief that this is my time..to go out and just chase my dreams..

at lunch time

on day 3 and 4 of the program..we were veri much in depth into value investing, momentum investing, options trading and more importantly..chart patterns and technical analysis which makes all the other forms of investing possible..I was stretched to be honest..although i have seen most of the techniques b4..but it is making it work together that is hard..and i am still brushin up and learnin the trade..

Japanese Candlestick reversal trends

Bullish and Bearish Engulfing

Piercing, Harami patterns...

Standard 7 analysis (Non-candlestick)

this is the first ever Wealth Academy that has featured Conrad..an investment expert and guru that went bankrupt learning the trade..was heavily in debt and had all his assets seized (except for a chair that the bank left him). Although he was once down..he was nv out..n he told himself he has to master e art no matter what..and true enough..after clearing his debt..he is now comfortably making about US15k per mth just by clickin..

when he demonstrated jus how he performs scalping (intraday trading that makes him a few hundred dollars in a few minutes)..I began to realise..his concepts are veri real..and veri workable..in fact..he posts his analysis on his website everyday before the US market opens..and he is never far from the actual performance..he now has got followers all over the world.

depsite being the master of the trade..he is surprisingly a veri sincere person who carried no air at all with him. The fact that he and adam unselfishly shares concepts and knowledge further shows how humble a person he is..he has truly won my respect..

durin the course..there were games that involved real money which we were supposed to contribute..which e consolidated amount adds up to become the prize money..of all the games..it was the 'trading floor' that i felt was the most beneficial..like they always preach..games are a reflection of our true self. The game was a simulated stock market trading floor which was very much similar to the real thing..and when real money is involved..u realli see the real behaviors of ppl..everyone was runnin around..there were ppl panickin..there were ppl pointin fingers and blaming one another..there were ppl who were greedy who refused to take profits when markets were up..n ppl who refused to let egos go and cut loss when their analysis was wrong...

the game was held in a real time condition whereby prices changed every 6 seconds and that sent many ppl into panick mode...the whole room was noisy and chaotic..there were ppl who spent out of their means..went bankrupt..ppl who took loans from 'loan sharks'..n lost everything..

After a session of trading..the place is a mess..jus like SIMEX used to be..

and i have to admit..my team didn't do well on the first trading floor game..starting with a capital of $25,000...we onli managed to end up with $27,500 (2,500 profit)..which was way behind the top performers who managed ending balances of 3 or 4 times ours..

debriefing after trading floor

after the game..i din feel gd..cos..i din like to lose..i dun tink anyone does..so i went to analyze our trades..our behaviors..and what made the others succeed..and realized we were too conservative..not utilizing our funds..

thus..the followin day..we strategized..changed our game plan..remained calm..n gone for the kill..

and our efforts paid off..starting with a capital of $25,000...we finished with $365,000..achieving a return of $340,000...which saw us finish 3rd in the trading floor..and entitled my team to real profits..and real prize money..(covered all our losses in previous days and paid for my meals and midnight cab..hee hee)..I went up to the stage to collect the prize on behalf of my team..n realized like they say at the course..anyone can do anything..its jus a matter of using the rite strategy..

alan . Conrad (the master) . Clarence

but in reality..there are still alot to be learnt b4 I can label myself investment ready..n rite now..there are still tonns of course materials i have yet to read up on..so..its still early days..but i hav to get myself ready..b4 e U.S slips into a recession and stocks become realli cheap..buy low..sell high..

Jun Chen . Conrad

now..that the course has ended and gone into post course period..it is all about taking action..and i am still in midst of drafting my plans..n so is clarence..n prob most of other course mates..but I am confident..that we can achieve many things that we have not done so previously..and even if we do not succeed anytime soon..we will continue to chase our dreams..cos there r no failures..there are onli feedbacks..