Fun and exciting events to take a break from trading :D

Travel Highlights: Travel Guide & Tips for Mount Kinabalu + Water Rafting

Last week, I went for a short 1 week trip to Sabah, for some hardcore adventure sports like mountain-climbing and whitewater rafting.

It was something I wanted to check off my bucket list before I hit 30 haha. 😀

In my previous blog post, I shared how I made a killing in the stock and forex market while I was travelling, so in this post, I will be sharing about my trip (the fun stuff) in greater detail.
Read post: http://synapsetrading.com/2016/04/back-from-my-holidays-made-a-killing-in-sti-oil-audusd/

So, for those who are keen on pushing the limits, here is a rough log of my journey, peppered with some useful survival tips. Enjoy! 😀

 

Finally the real accommodations ???

A photo posted by Spencer Li (@iamrecneps) on

 

PADAS WHITEWATER RAFTING EXPEDITION:

This is actually not that physically demanding, but the real boring part was having to travel about 4-5 hours (one way) just to reach the river. This meant we had to wake up at 5.00am to be able to catch the morning transport out.

Survival tip: Make sure you have strong teammates who can paddle hard. :p

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Expect to get wet, very wet. But make sure you do not gulp any of the toxic brown water.

Survival tip: When attacked by a crocodile, aim for its eyes with your paddle.

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MOUNT KINABALU EXTREME EXPEDITION:

For this adventure, it is strongly recommended to do some training (which I neglected), if you do not want to be struggling just to reach the top like I was.

For those who are not so fit, do not try to be HERO and carry your own stuff up (like I did). You can get the porters to help you for a small fee.

Survival tip: The less you bring, the less you have, but the less you have to lug up the damn mountain!

 

Timeline for the whole ordeal:

  • 6.20am – Bus pickup to travel to mountain base (2-3 hours)
  • 9.30am – Started the 6km climb to the top (3-8 hours depending on fitness, I took 6.5hrs)
  • 4.00pm – Reached the top just in time for the Ferrata briefing at Pandan Hut (our accommodation).
  • 6.00pm – Dinner & rest (optional: shower with cold water). Temperate here is about 10-15 degrees celsius.
  • 2.00am – Had a quick breakfast before heading off to scale the summit. Temperate is about 5 degress celsius.
  • 6.00am – Reached the summit just in time for the sunrise. Proceeded to rush off to the starting point for the Ferrata activity.
  • 7.30am – Experienced some minor earth tremors just as the activity was about to commence. Some people backed out. Delayed for about 30min.
  • 8.00am – Commenced the Ferrata activity, which included a 600m mountain-side scaling exercise, 300m jungle bashing, and 300m of climbing up a sloping mountain surface. After the activity ended, there is a roughly 1 hour staircase trek back to Pandan Hut.
  • 1.00pm – Had a quick lunch, and packed up my stuff to check out.
  • 2.00pm – Commenced the hike down the mountain to catch the last bus at 6pm. (3-6 hours)
  • 6.00pm – Made it just in time. Whew.

Roughly 36 hours of non-stop action! Yar, quite insane.

 

Away to Mordor! ? #MountKinabalu

A photo posted by Spencer Li (@iamrecneps) on

Make sure you get some good photos before you leave, because there won’t be any smiles for the next few hours.

2016-04-16 15.22.06 (6)Some cool pitcher plants. (See more in the full album link below!)

2016-04-16 06.18.50Just in time to check out the markets. What can beat trading on a mountain top with the sun rising in the foreground? 😀

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FULL PHOTO ALBUM OF TRIP HIGHLIGHTS:

photo album

Link: https://www.facebook.com/iamrecneps/media_set?set=a.10154110902343430.1073741840.530303429&type=3

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

Trader’s Lifestyle Challenge: White Water Rafting + Conquering Mount Kinabalu!

Last night, I just completed a closed door training session for the Synapse Network, as part of our monthly workshops education series, where we went into the intricacies of forex trading and how to spot reversal setups in any market.

And today, I will be heading off to Sabah for a week of adventurous trading, where I will be risking my life while trading (if there is internet connection lol).
Feel free to follow my adventures on social media. 😀
Facebook: https://www.facebook.com/iamrecneps
Instagram: https://www.instagram.com/iamrecneps/

Mount Kinabalu

 

First up, I will be doing white-water rafting at the Padas intermediate course, which I heard occasionally had crocodiles in the murky waters. Here is a video I found on Youtube:

 

Next, I will be attempting to scale Mount Kinabalu, which after some research appears a lot more challenging than I thought.

At 4000+ metres above sea level, there is a high chance of altitude sickness, considering I suffered headaches when I was climbing Machu Picchu at 3000+ metres 2 years back.

In addition, the final ascent is made at night, from 1am to 7am, in pitch black darkness, and the temperature can drop to as low as -3 to 5 degrees celsius. FML.

 

In my last blog post, I mentioned that this month has been pretty decent so far, and just one day of trading has managed to cover all the expenses for this trip.
Blog post: http://synapsetrading.com/2016/04/profit-taking-usdjpy-cadjpy-eurjpy-shorts/

I’m definitely looking forward to this next adventure as the “travelling trader“, and if I manage to get internet connection, I will be able to continue trading for 15 minutes a day.

Lastly, I will be kickstarting my BRAND NEW & FREE! educational workshops with exciting new content and my outlook on the market for the upcoming months. Advanced reservations are open for a small group of people as seats are limited, and for those who are fast, you can snap up your seats here: http://synapsetrading.com/events/training-workshops/

See you all soon! 😀

My Long-Term Forex Investments (aka. Coin Collection)

Some people collect playing cards, some people collect fridge magnets, some people collect postcards. For me, I collect coins from every country I’ve been to.

I guess this makes me a long-term forex investor as well. 😀

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These are probably the most interesting coins I have, dating back to 1976, and in denominations of $10 and $50. The one at the bottom depicting a sitting lion is the $1 coin of the first Singapore coin series. I wonder if these are still legal tender? lol

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The newest addition to my collection which I acquired last month on my Myanmar trip.

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Some random coins I happen to have. Top: 5 Feninga coin, Convertible Mark (100 fenings = 1 mark) from Bosnia and Herzegovina. Bottom left: 1 Franc from New Caledonia. Bottom right: 1 Pataca from Macau.

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Collectible coins from the US, including penny and quarter presses, which you get by flattening coins and imprinting new designs on them.

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This is the special collection from the Harry Potter series. The large golden coin is the Galleon, the silver one is a Sickle, and the small one is a Knut. The coins are plated in 24-karat gold, silver and copper respectively.

Some people have asked me why I like to collect coins.

The most obvious reason is that it gives me a little souvenir from each country I’ve been to. Also, I find it quite amazing to hold a coin that is older than me, and wonder how many hands it has passed through.

Some coins also provide an interesting perspective on the country. For example, in my collection of the US quarters, there are 50 different designs, with each depicting a different US state, showing the year the state was added, and what the state is famous for. So it sort of provides some insight into the history and geography of places.

Lastly, it gives me a “hands-on” feel for my forex trading. 😀

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

Travel Highlights: Back from my Myanmar Trip – Yangon, Bagan!

Last month, I took a trip to Myanmar for a holiday, and was hosted by a friend who was working for a major commodity trading firm.

It was a great week of chilling by the pool (which was 10 steps away from my room), enjoying sunsets, and trying out the local delicacies.

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I also got the chance to trade the FOMC with the company of some good Myanmar beer. :p

As expected, the interest rates were not raised, which means we will have to observe October and November carefully. In addition, the recent NFP was not good, which makes December more likely.

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After some serious back-of-the-napkin analysis, as well as some insightful discussions with my friend, I came to the conclusion that commodities may not recover that quickly, based on technical and fundamental factors.

I have attached below the chart of the CRB commodities index ETF, which is listed on SGX.

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crb commodities index

 

I will be keeping an eye on this, as I have some commodity-related counters in my portfolio, and it might be a good opportunity for the long-term.

Stay tuned for my monthly portfolio update for September coming up real soon! 😀

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/

Travel Highlights: I’m Back from One Month of Travelling – USA, Mexcio, Cuba!

At last, I’m back! After one month of travelling the US, Mexico and Cuba, I’m back in Singapore and just in time for the Great Singapore Sale! 😀

Here are some photos of my travels, and I will be adding more when I have time in this album:
https://www.facebook.com/iamrecneps/media_set?set=a.10153508321583430.1073741836.530303429&type=3

travel map

usa mexico cuba

wallstreet bull

 

How has the market fared while I was gone?

The great plunge in global equity markets (especially China) was great for my forex short positions, as well as my Gold long positions.

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What about the Singapore markets?

All I can say that we were prepared a long time ago, and I have documented the proof below on the STI chart.

straits times index 300815

 

1st warning – http://synapsetrading.com/2015/06/good-value-investors-know-how-to-buy-at-the-right-price-right-time-do-you/
NAC event in front of 2000+ people – http://synapsetrading.com/2015/07/thank-you-for-the-overwhelming-response-at-nac-2015/
2nd warning – http://synapsetrading.com/2015/07/is-this-the-right-time-to-buy-gold-now/
3rd warning – http://synapsetrading.com/2015/07/sti-index-artistic-charts-expanding-triangle-pattern/
Last warning just before my trip – http://synapsetrading.com/2015/07/chinas-stock-market-8-5-crash-where-was-the-precise-turning-point/
Blog post on why I loaded up on Gold – http://synapsetrading.com/2015/07/is-this-the-right-time-to-buy-gold-now/

 

P.S. For my full travel photo log and list of countries travelled, please visit: http://synapsetrading.com/travel-log/