My Business Plan

My Business Plan

I am

The President of Yeou Family Investment Corp and
The Fund Manager of Yeou Family Financial Freedom Fund


My Vision Statement

My Ideal Lifestyle is a Lifestyle of Abundance with my family (my mother, my wife Hwei Ling and my 3 kids). We live in 35 Bedok Place opposite my sister with my silver Toyota Camry and at least US$1 million in my bank account.

It is a Lifestyle of Contribution, which I contribute to charities with my trading profit, which I contribute to the lives of people with my teachings and writings, which I contribute to my school as the Board of Director of Hwa Chong Institution (my former school The Chinese High School).

It is a Life of Success as a trader, which I implement my trading plans with discipline and risk control, which I exploit and profit from the large swings in market psychology which are irrational but repetitive, which I continuoously learn from the teachings of Napoleon Hill, Sun Tzu's Art of War and Businessman's Mindset.

It is Lifestyle of Sound Physical Health, which I only eat fish soup, soup with rice, Yong Tau Foo and vegetarian food, which I exercise at least 3 times per week and sleep at 12 midnight daily.

I believe that my Ideal Lifestyle can be achieved and afforded by my trading profits earned from my knowledge, my psychology (Sound Beliefs and Habits) and philosophy (Sound Way of Living my Life).


My Mission Statement

My mission as a trader is to reach and maintain my ideal Lifestyle of Abundance, my ideal Lifestyle of Contribution, my ideal Life of Success as a Trader and ideal Lifestyle of Sound Physical Health.


My Trading Philosophy

My trading capital is my mastermind alliance that will help me supplement my income in the short run and earn most of my income in the long run. If I let my trading capital gets sick or die, my dreams will also die with it.

I must take care of the downside, the upside will take care of itself.


My Goals

My goal is to be an effective and effcient trader, making the most money in the least amount of time with the least amount of trades.

Trading Goals
My aim is to take 2 trades of 1 standard contact with a profit of 25 pips each per day.

Non-trading goals
I want to use my trading business to
1. Develop my knowledge in trading and investment for my teaching and writing.
2. Develop my psychology (Sound Beliefs and Habits)
3. Develop my philosophy (Sound Way of Living my Life)


My Trading Rules

1.Know my playing field. Keep within my boundaries.
2. Be disciplined and cautious. Don't take a trade unless I can explain to others
Why I got in?
What is my target?
Where is my stop?
3. Be flexible and adaptable. Don't be stubborn and try to be right. Be profitable instead. When things change, it is ok to change. When I change, refer to rule 2.
4. My stop is my escape route, my guardian and my friend in combat. I must trade with my stop.
5. My stop will depend on a few factors. It can change when my risk tolerance changes. What can never change is the direction it moves. When I gain ground, my stop advance with me. When I lose ground, my stop stay put.
6. Know when to stay in. When I reach my target, tighten my stop and follow the flow.
7.Know when to stay out. Don't chase a trade because it can turn against me. When I missed it, i missed it. There will ALWAYS be another opportunity.
8.Know the difference of an impulsive and the corrective move. It will help me recognize where the trend is.
9. Follow the trend. Never trade against the trend.
10. Never leave a position overnight.