Aloysius Chan's Blog

The team spirit If a container landed from China, we all unloaded it together. If the warehouse had more orders than we could handle, someone would stop what they were doing and help out. If there were lots of emails, we all stayed as late as required to clear the mailbox. If a customer stepped into the store, any one of us would serve them. Learning from experience Don't put all your trust (or eggs) in one platform. Own your own platform (if you can). Mazal (MZL), in Hebrew Makom: location Zman: timing Limood: learning How to build better relationships Meet in person Don't leave voicemail Be funny Don't get angry over email Never, ever close a door Making the sales attractive 'Surprise and delight' our customers Appeal to a wide range of people Sell in large numbers Be super profitable so we could pay the bills of this fast-growing business Some ideas $10-day where everything is less than $10 $28-day where all products selling for $28 including the best ones Mega b...

Principle of successful trading Preparation Maximum adversity Emotional orientation Losing game Random market Personal boundary Best loser wins Risk management Trading partner Toolkit Portfolio construction Data Software Attributes of winning strategies Strategy review Strategy benchmark Strategy development Enlightenment Avoid risk of ruin Best loser wins Money management Holy grail = E x O Simplicity Support/resistance Tread where majority fear Validation - T.E.S.T Develop a trading style Style Trend trading Swing trading Timeframe Intra day Short-term Medium-term Long-term Selecting markets Characteristics Single markets Multiple markets Market segments Currencies Interest rates Indices Energy Metals Grains Softs Meats Trade segments Consumer discretionary Consumer staples Energy Financials Health care Industrials Information technology Materials Metals/mining Telecommunications services Utilities Real estate The 3 pillars Money management Fixed risk Fixed capital Fixed ratio Fixed ...

Quantum physics principles If we know both A and B at a given time, we could precisely predict the future of the system. We can choose to measure A or we can choose to measure B; and in each case we will succeed. But we can’t do better. We cannot choose to simultaneously measure both A and B. Given the quantum state of an isolated system at one time, there is a law that will predict the precise quantum state of that system at any other time. Uncertainty principle (Uncertainty in A) x (Uncertainty in B) > a constant (Uncertainty in position) x (Uncertainty in momentum) > a constant Superposition principle Any 2 quantum states may be superposed together to define a third quantum state. This is done by adding together the waves that correspond to the 2 states. This corresponds to a physical process that forgets the property that distinguished the 2. Born rule The probability of finding the particle at a particular location in space is proportional to the square of the height of the ...

  Many terms are beyond my understanding at the moment so I have included the glossary for future reference. Abbreviations ADM: Arnowitt, Deser, Misner ATLAS: A Toroidal LHC Apparatus (detector) CDM: cold dark matter CERN: Conseil Européen pour la Recherche Nucléaire CMS: Compact Muon Solenoid (detector) COBE: Cosmic Background Explorer CODATA: International Council for Science Committee on Data for Science and Technology GeV: giga electron volt GUT: grand unified theory Λ-CDM: lambda-cold dark matter LHC: large hadron collider LQC: loop quantum cosmology LQG: loop quantum gravity MeV: mega electron volt MSSM: minimum supersymmetric standard model NSF: National Science Foundation QCD: quantum chromodynamics QED: quantum electrodynamics SLAC: Stanford Linear Accelerator Center SUSY: super symmetry TeV: tera electron volt WMAP: Wilkinson Microwave Anisotropy Probe E=MC²: if a body emits the energy (E) in the form of radiation, its mass decreases by [E/c²]. Here it is obviously inesse...

Scientist’s contribution in a nutshell Max Planck: energy is emitted in short bursts rather than continuously Albert Einstein: confirmed Planck’s discovery and conceived a new way to describe light Niels Bohr: developed a new quantum model of the atom Louis de Broglie: like is like matter has wave property Max Born: described the wave characteristic of a particle in mathematical terms Erwin Schrodinger: formulated an equation to calculate the energy level of an electron in an atom Wolfgang Pauli: no two electrons in an atom can occupy the same quantum state at the same time Werner Heisenberg: impossible to measure the position and the momentum of a quantum at the same time Paul Dirac: formulated an equation to describe the behaviour of certain subatomic particles Copernican: heliocentric model of solar system Lisa Meitner: The bombardment of uranium atoms with neutrons split the nucleus inside the uranium atom in half Leo Szilard: nuclear fission can unleash a self-sustaining chain rea...

Abstract Automobiles have proven to be an indisputable means for effective traveling around the world. In a small country such as  Singapore, an automobile may go beyond the simple means of traveling and represent a certain status due to its high cost of ownership. With many factors involved, a car depreciates rapidly in Singapore and therefore many used car dealers attempted to sell a car in the fastest possible way. That would have included unscrupulous methods and while more are getting caught, the entire reputation of the used car industry has gone bad. This study aims to discover what are the reasons they would buy a used car and what can a dealer do to improve their image and reputation. An online self-administered survey is conducted to acquire primary data for this research with 193 respondents. The surveyed group consists of people from different age groups, education levels and working backgrounds to better gauge the opinion of the overall population. The hypotheses formu...