Business of Finance - we help traders make money!

We are predominately an alternative financial media outlet operated and maintained by a dynamic duo, with close to 7 years of experience in the global financial markets between them.

Founded in 2014, Business of Finance is still relatively young and is slowly establishing itself to be a prominent voice in the crowded sphere of financial journalism, as well as a revered and reputable asset management service provider. We pride ourselves in our impartially towards topics which we cover, and the sterling quality of alternative analysis that we provide - all of which are provided without charge as a token of our goodwill.

With more than 6 years of practical experience trading and investing in the global markets, and a refined grasp on economic, financial, and monetary theories; we have firm desire to condense these into palatable bite-sized snippets for all to appreciate. However, there is one thing we never do: Compromise on details and facts

We aim to consistently impart information and knowledge to individuals who are keen improving their understanding of the markets by providing facts and opinionated commentary on a spectrum of topics orbiting the likes of finance, economics, trading and investing, politics, and social trends. Subscribers can definitely look forward to this.

www.businessoffinance.com

We have recently updated the site with our Portfolio section.

All trades are done using our proprietary trading system, aptly named 'Synthex-252'

"Synthex-252 is the darling of Business Of Finance. Over the last 2 years, we have painstakingly developed and back-tested our propriety trading system. It reflects countless hours of dedicated work our team has invested into something we are absolutely passionate about."

We put our money where our mouth is; we are not just financial writers but aslo active traders, and here's our results.

Find out more about Synthex-252 here: http://www.businessoffinance.com/index-portfolio/

Cheers!
Ken

Hi, Ken

Please can you provide 3rd party verification of your results & registration number with the Singapore Authorities.

Thanks

MT

Hi mytrader1961,

All our performance is tracked by a third party service provider.

Sorry, I do not understand what this has to do with the Singapore Authorities?

Thank you for your support!

Ken

Our latest piece:

Being Patient With An Impatient Fed

''It seems the Fed has lost its patience after its March 19 policy statement release and press conference. Of course we use the word "patience" rather loosely here. In our minds, the presence or absence of one word does mean much in the grander scheme of policy guidance and the eventual bombshell.
There was something for doves and hawks. Analysts have been expecting "patience" to be dropped from Wednesday's statement, and the FOMC did not disappoint on that front. What the committee did however bring to the table was a whole new phase of uncertainty; something almost everyone detests.''

http://www.businessoffinance.com/ins...interest-rates

Hi, Ken

This is from your website:

'On top our asset management service, we are licensed to provide financial advisory services in Singapore. Business of Finance has professional affiliations with one of the world's leading Global Life Insurers with a absolute forte in the high net-worth legacy market.'

This is written on your site. If you provide financial advice or are soliciting business managing peoples money, you will need to be registered in your own country and with the clients financial jurisdiction , ie client from UK, registered with the FCA (financial conduct authority). You will also have to operate under the MIFID agreement that exists in UK, Ireland and Europe.

MT

Hi Everyone

I would like to make it clear at this point that the main mission of Business of Finance is to provide top quality written content to our readers. We created the site as a steward to share what we know, to the rest of the world. It is our utmost desire that our readers get stellar, appreciable content that will enhance their edge in the markets. We believe knowledge is power and good knowledge should be shared.

From our site: We pride ourselves in our impartially towards topics which we cover, and the sterling quality of alternative analysis that we provide - all of which are provided without charge as a token of our goodwill.

We do not manage external assets as of now, we manage our own money. We made the portfolio section to let our readers know that they are consuming content from people who are profitable - who can actually trade. The portfolio section documents results tracked by a 3rd party application, however the results will not be tracked live. Instead, the page will be updated periodically.

We created this thread here, in the hopes of inviting strong, quality discussion on the markets and to share with the community here our knowledge. This is our goal!

Let's get cracking!

Ken

Hi mytrader1961,

Yes, Singapore law requires financial advisors to be licensed by the Monetary Authority of Singapore. Yes, we are licensed to provide such services. We wouldn't dare defy Singapore law - its one of the strictest and tightly regulated there is!

You sound like an upstanding guy; if you are ever coming to Singapore soon, let us know! Always good to know more people in the trade.

Cheers!

Our LATEST Update!

Britain On Brink Of Deflation, BoE Expects It Even Lower

First it was Europe that was mired in its coldest deflationary winter ever, then America promptly caught on. It was only a matter of time when cheap energy prices claimed its next victim - Britain. While we have spoken at world's end about how deflation and not inflation was going to be the macroeconomic trend of 2015, it still surprises us that conventional financial media outlets report what has long been occurring as "news".

http://www.businessoffinance.com/dai...-expects-lower

Read, share, discuss!

Hi, Ken

Thank you for taking time to reply.

You may not know but we are battling against a huge influx of people posting paid commercial products that do not stand up to scrutiny on this thread and many others.

There are a lot of talented traders out there and a lot of people who are interested in buying those services, so the more information and 3rd party verification sellers can provide will attract the buyers and they will be long term clients.

All people are looking for is honesty about profits and drawdowns and a return that is better than the banks.

PS Thanks for your offer to visit!

MT

Thank you for your response. Yes, that's why we decided that we should instead quality, free information to the community instead of selling something. Of course, we do not know what the future holds, we might release a product or service next time but till then, we are completely free to use

Do spread the word! We appreciate it.

Ken

Value Investors - we have something coming up very soon! Stay tuned to find out!

We have done write ups on the several companies in the world, notably technology based startups, Uber and Xiaomi.

We chronicle them in these series of articles, starting with Uber's meteoric rise to the top of the valuation charts and ending with Xiaomi one-upping Uber at the very same.

-----

14/12/2014

Uber Now Worth $40 Billion

Earlier this week, word broke about Uber's new valuation. $41.2 billion to be precise. That's right, close to double what Twitter is currently worth, and on par with some of America's big names including the likes of Delta Airlines, Time Warner Cable, and just $10bn shy of General Motors.

Truly staggering.

Of course, because Uber is still privately held, valuations are always going to be a fishy affair. This news comes on the back of a company announcement that it had raised an additional $1.2bn from private investors. Uber was valued at $18.2bn by private equity analysts only in June this year, a 1370% total growth from the $2.8bn price tag when it was founded in 2009.

Its latest valuation places it head and shoulders above any other startup, a sign that a lot of money is banking on the company's exponential growth its CEO, Travis Kalanick, is promising. The company has already undergone 6 rounds of funding form private investors.

http://www.businessoffinance.com/bus...rth-40-billion

6/1/2015

China's XiaoMi Trumps Uber As World's Most Valuable Tech Startup

Just a few weeks back in December 2014, we covered the story of how Uber rose to become the World's then most valuable, and probably controversial, technology startup; in which we reported that Uber was valued at $41.2 billion by private investors.

However, a few days after, we reckoned that Uber might have had too much of a hangover from the media stardom after it blundered in the most obtuse fashion in the aftermath of the tragic terrorist hostage drama in the heart of Sydney's CBD.

Uber's eye watering valuations record didn't stand for long because the world now has a new contender. We at Business of Finance are a little more excited about this particular breed of startups, not because we're Asian but because we still see this landscape through a value-tinted lens.

http://www.businessoffinance.com/bus...e-tech-startup

Now some of us here might be wondering, do we actually trade? If so, do we have details on the trades we make and the results?

We had a couple of Crude Oil trades in our portfolio over the past year and early this year. Our most significant one a Counter-Trend Long on WTI Oil, which went against many retail expectations, but ultimate prevailed for us in the end.

But first, here is a summary of the trades we have done so far on both Brent and WTI crude:

1. 1/26: First long on WTI crude oil at $44.70
2. 2/11: Second long on WTI crude oil at $49.50 with half the initial notional on position
3. 2/16: First long on WTI crude oil squared at $52.70 for net gain of 17.89%
4. 2/19: Second long on WTI crude oil crude squared at $49.88 for net gain of 0.66%
5. 2/19: Rotated into Brent crude oil at $58 shortly after all WTI positions exited
6. 2/20: Brent crude long squared at $59.50 for net gain of 2.56%
7. 2/24: Second long on Brent crude oil at $57.72
8. 2/27: Second long in Brent crude oil squared at $60.81 for net gain of 5.35%
9. 2/27: First short on Brent crude oil at $61.87
10. 3/6: First short in Brent crude oil squared at $59.66 for net gain of 3.57%

Our very first article, calling for the bottom on Oil.

Has Oil Bottomed? (Part 1) (Jan 29 2015)

It's never easy, folks

Having established a long trade on WTI crude oil just 2 days ago, we now try to answer the panoply of questions that might leave some of us a little more then dumbfounded. Almost at everybody, at some point in their lives, would have begged for answers to questions such as "is this the high?", "is this the low?", "has the bubble popped?". No surprise because these are the simplest, most straightforward questions any punter would ask; questions that if answered correctly could potentially reap windfalls.

http://www.businessoffinance.com/ins...ottomed-part-1

This was preceded by an article documenting our long on Oil. We penned our reasons behind our sentiment and included data and visuals to make our point.
You can enjoy our thought process below. Please take note the article has been updated regularly on the status on our trade, as well as the thoughts and feelings behind it.

Outright Long On WTI Crude Oil

The irony in life personifies itself very aptly in cases such as these. Simple questions almost never garner simple answers; they get the incredibly studious responses that are harder to fathom than the square-root of Pi. Those that aren't exposed to the tsunami of infinitesimally articulate details wouldn't be able to understand the trains of thoughts that run in parallel to garner a proper response. The sad truth is that in many cases, flipping coins would have generated better results than deliberation. It is not easy to call anything in the markets; skill, experience, practice, knowledge, and luck all play a role. This is especially so when we try to catch a falling knife, as the age old adage goes.

But we must act. Bulls make money, bears make money, but the pigs get slaughtered. Unless you're selling premium of course, but don't forget to hedge your hedges. We guess traders will toast in unison to this one. Our stance is clear; we are more convicted to higher crude oil prices than lower prices, and this opinion has been reflected in our long position in WTI. We take no offense to the mocking birds that will chirp endlessly at our seemingly amateurish incontinence, nor will we take the credit of staunch aficionados heralding the bravado of a dying breed of bold contrarians.

Rather, we allow the indiscriminately ruthless markets to judge us. Vindication or violation - that's the rule of the game, folks. It is of course never easy, to be consistently on the right side.

http://www.businessoffinance.com/tra...-wti-crude-oil

We have since closed out our long Oil trades (results in the links above) and entered another trade on Oil, documented in tenacious detail here:

Oil Update: Counter-trend Short Trade

Fast forwarding one week, we feel that oil prices, especially Brent crude oil, are now ripe for a corrective pullback. As a result, we have initiated our first short on Brent crude oil late in Friday's trading via a sell limit. We also update our crude oil trade playbook with our first short on oil. Details are provided below.

For the record, of the 4 trades we had on crude oil (all of which were publicized), all were profitable. We leave readers to judge for themselves. What we do realize however, is that those that mocked our first long on WTI crude oil are now nowhere to be heard or seen.

http://www.businessoffinance.com/tra...nd-short-trade

---

This was supported by an article penned a week before this:

Expect Downside In Oil Prices

Firstly, we wish to extend our apologies to our readers for the extended delay in putting out latter additions to our initial piece imploring if crude oil prices have indeed bottomed. We have also made a couple of adjustments since we incepted our first long on WTI crude oil back in January; all of which reflect the ongoing dynamics in the relevant every markets. Our view on oil prices have also been adjusted appropriately from what we have been reading and researching, but most importantly because the market has been telling us something they didn't back in January when the first analysis was conducted.

http://www.businessoffinance.com/tra...-in-oil-prices

A summary of our Oil trades.

We posted in our previous note a summary of all our crude oil trades since correctly calling a bottom in prices back in late January. The following trade details have been updated and is accurate as we go to print:

1. 1/26: First long on WTI crude oil at $44.70
2. 2/11: Second long on WTI crude oil at $49.50 with half the initial notional on position
3. 2/16: First long on WTI crude oil squared at $52.70 for net gain of 17.89%
4. 2/19: Second long on WTI crude oil crude squared at $49.88 for net gain of 0.66%
5. 2/19: Rotated into Brent crude oil at $58 shortly after all WTI positions exited
6. 2/20: Brent crude long squared at $59.50 for net gain of 2.56%
7. 2/24: Second long on Brent crude oil at $57.72
8. 2/27: Second long in Brent crude oil squared at $60.81 for net gain of 5.35%
9. 2/27: First short on Brent crude oil at $61.87

http://www.businessoffinance.com/trades/

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Thank you and Best of Luck to ALL!

Business of Finance is very pleased to have been able to work with former Hedge Fund Portfolio Manager and now investor, best selling author, Mr Lukas Neely to produce this week's latest article.

Lukas Neely is the Founder of Endless Rise Investor and Value Investor Confidential, a premium monthly newsletter for Endless Rise Investor readers where in-depth interviews are conducted with top performing investors on their best ideas.

He is a former hedge fund portfolio manager, with real world experience managing millions of dollars. Today, he helps individuals invest better through his work.

Our latest write up covers a very exclusive section of Lukas's new book, Value Investing: A Value Investor's Journey through the Unknown. We have blessings from the man himself and we are pleased to be able to collaborate with someone of such stature in the financial world.

Article Here: http://www.businessoffinance.com/life/2015/3/29/value-investing-life-lukas-neely

What You'll Learn In This Article

 

1. Why most retail investors LOSE money
2. 5 VERY IMPORTANT attributes to MASTER
3. How to be an overall badass in the mental aspects of trading and investing

Here at Business of Finance, we have seen an awful lot of rubbish emanating from the likes of so called "industry experts" and "gurus" who are essentially salespeople dressed as market professionals selling selling snake oil. The sad reality is that an equally awful lot of the retail community buy into the hyperbole. In the often convoluted world of trading and investing, the word of truth often gets drowned out by the pomp and hoopla.

In our perpetual quest to shed light on the truth behind the business of trading and investing, we have collaborated with a former market professional, Lukas Neely. We feel that Lukas brings constructive material to the table through his works. We are henceforth both pleased and excited to be collaborating on a common ground towards a greater good for the retail trading and investing community.

Enjoy the read, everyone! Please leave some feedback for us below. Cheers!

http://www.businessoffinance.com/lif...fe-lukas-neely

To find out more about Lukas's work, visit EndlessRiseInvestor.com

How is everyone?

We've been busy lately, coming up with new material for our journal and new products in the pipeline.

This is our latest article:

One Less Reason For A Rate Hike: March NFP Misses Big

"So much for speculation of a June or September Fed Funds rate hike. After our exhaustive commentary on the FOMC's latest statement on 19 March 2015, we concluded that a "September rate "liftoff" was extremely unlikely" despite the rather hawkish banter from various Fed officials over the course of the ensuing weeks."

http://www.businessoffinance.com/dai...p-miss-america

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