D+116

I've been working for the past weekend. Although I got to admit that it's fun working there, It's also very tiring too. Being scheduled for the morning shift doesn't help one bit and I slept 12 hours on Sunday night just to recover back my sleep lost!

Anyway, today's my Prelim for Sociology. I've got to say that I had became complacent over the week which results in me not being able to finish revising for this paper. And unlike the previous 3 papers which i had little time to prepare, This Sociology paper was 9 days after the last paper which should considered ample time to revise but being complacent, I worked, Played, And eventually resulting in only able to cover half of my whole module!

Having said that, I am not being very pleased with myself for not taking this Prelim exam seriously and I ought to put in more effort! Anyway, After the exams, I went to the library to borrow a Sociology textbook to assist me in reading.

Although I have around 2 weeks before the start of my revision lectures, I should not let my studying spirit died down. I am targeting to read through my own notes for at least 3 hours a day so that I keep myself fresh and most importantly, I DO NOT LOSE THIS revision spirit!

I was sms-ing terence last night about how's the recent stock market and we were talking about cashing out our current stocks, especially the stock price ramp up last week for 5 consecutive 'green green' trading days!

Then, Terence was saying about IF i had bought more, I could have made more profits.
But I replied Terence, Our risk appetite wasn't that big when the market price was going nowhere and the amount which he bought was considered to be the amount of risk he was willing to take. Thus, When the market turns good and you make profit, You shouldn't be reflecting on "I should have Bought more volume" which in a sense, does enhance your mind in money handling. But that's a very dangerous move.

You'll never know one day you could fall back to square one again had you grown your mind like this in the equity market. What I advise Terence to do was to grow his mind by slowly taking up bigger risk and facing the risk, He will slowly be able to accept that level of risk and eventually, His money mindset grows.

Till date, I had tried that method once and My reflections on my action was still a myth to me!

I admit i was very tempted in buying more share and add position to my portfolio, But my money to spend was almost all tied up and thus, I decided to took up Leverage to add my position. In layman term, I choose to face the "problem" and i managed to overcome it. Remember the saying, Nothing has a meaning other than the one you gave it?

Adding on to that is what i called a problem-o-meter. It's something interesting that I've learned from T Harv and here's how it works. First, we Give a rating of level 1 to level 10, with 10 being the highest and most difficult level. So, As the name suggest, We are assessing the level of our own problems.

For example, A child does not dare to go up to a shop and buy a sweet. In my mind, I could classified it as maybe a level 2 problem since it might take courage to speak up but to a child, he might find it difficult to speak up at his age but as mentioned by the level, I'm sure that child would pass it as he grows up.

Fast Forward to 20 years old, and the young adult now facing another set of problems, Maybe he's afraid to touch trading as he's heard of people getting 'burnt' by it. I might have classified this problem as a level 6 which on aggregate, some people might never even dare challenge. And eventually, This person would remain at his current problem acceptance level of level 5!

And basically, That's how it works, A successful person would be one that can overcome all his problem. true or True? TRUE!

And I'm glad that i might have just overcame a level 7 problem in my life that i enhance my money management and risk allowance. Cheers to me!

So, Like What I've done, I hope Terence could also overcome his problems in life and we all aim to level up to the highest where the should basically be NO MORE problems to worry about!

Here are my 5 Success for today:

1. I managed to stay through my whole Prelim paper although at times i felt like leaving the examinations hall early, My mind kept telling me to "keep writing" even though i had no idea how to solve the question!

2. I had officially Finished my 4 Prelim papers and a rest would be much appreciated!

3. I deposited $1.70 into my Financial Freedom Fund today!

4. I've made progress in terms of having a mutual agreement on a possible 2 month stopping of work for my exams!

5. I actually wanted to went to bed before sleeping But i held back my thoughts and came ONLINE to BLOG!

With that, I shall end my post and day early with:

" YOU HAVE A MILLIONAIRE MIND!"