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Learning Points From Brexit
By My 15 Hour Work Week  •  June 24, 2016
Yeah, so I got my predictions from here way wrong. Yes, Britain has spoken. And they want to leave the European Union. I was tuned in to CNN and Bloomberg all the way this morning and here’s some learning points I made as a reminder to myself.
1. Overconfidence I was so confident of Bremain that if Betfair was available in Singapore, I was likely to have dumped $5k or even $10k at odds of 1.3 a few days/weeks ago. So much for being part of the “smart” money. And today, after Brexit lost the early morning gains at around 10am, I attempted an intraday trade, buying 1,000 shares of OCBC@8.52, anticipating a few hundred bucks of gain by the afternoon. And boy was I wrong. By the time the votes were 2/3 in, I had cut my loss @8.30, realising a loss of two hundred bucks. Once ......
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By My 15 Hour Work Week
Hi, I am Thomas (a.k.a. Mr 15HWW) and I am in my early thirties. Very happily married (very strong emphasis here), I am the co-writer behind this blog. The other permanent writer is my wife Jasmine who has written two blog post so far (good luck searching for it here). But well, her contribution goes far and deep since she thinks she is actually the mastermind behind the rest of the other post ...
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