About Myself and the Fire Samurai Blog

About Me

Hi there. My name is Gabe and just started writing this blog about achieving Financial Independence, Retiring Early, Investing, and my other passions like gaming, food, etc. Anyway just call me FIRE SAMURAI. Well this blog s mainly for myself to read (my mistakes, track my results, goals) and I also like to share things with everyone. Please feel free to write comments and share anything you like (no ads please).

I am not a native English speaker so I would like to apologize in advance for any grammar mistakes that I make here.

Why did I come up with this name…FIRE SAMURAI?

FiRe here stands for – FINANCIAL INDEPENDECE and RETIRE EARLY

As for Samurai, I am huge fan of Samurai movies, games and anime. I believe to be a successful in investing and to achieve Fi/Re, one need to be as disciplined as a Samurai

So the marriage of both….to be both disciplined and to be a Fi/Re

FIRE SAMURAI is born today.

I have a few silly reasons of my own to want to achieve FiRe. I want to have more time playing video games, travelling and photography. I want to achieve financial independence and freedom is so I can have more time to pursue my other passions without being bogged down by my 9-5 job. I am getting married soon so having financial freedom is important as I'd like to spend more time with my wife and family.

I’m writing this post to start off by saying ”Hello Reader!” for new readers that just came across my blog and have the same goal as me. I will keep on posting articles to grow my blog and I hope you will see myself grow as a FiRe Samurai 😊

Comments

A Study in Technical Analysis : Candlestick Part 1 - One White Soldier

Decided to start a Technical Analysis series to analyze a few candlestick patterns and other tools to help me improve my stock and options trading. ONE WHITE SOLDIER One White Soldier candlestick pattern is a Bullish Reversal Pattern used to predict the reversal of the current downtrend. The pattern consists of two consecutive long-bodied candlesticks - The first being a Bearish Candlestick followed by a Bullish Candlestick. This candlestick pattern rarely appears and if it does appear it's likely a strong indication of a reversal in trend (supported by other indicators as well). The One White Soldier should have the following characteristics. Bearish Candle followed by a Bullish Candle. If it is during a long downtrend, The Bearish Candle must be a new low in the downtrend(Counter Trend Trade). 1. The Bullish Candle must open Above the Close of the Bearish Candle Open2 Higher than Close1 ...

Sell Put Spread Strategy on SPY To Generate Monthly Income

I was introduced into the world of Options Trading when I joined a Value Investing Course by a stock investing guru named Sean Seah . One was the strategies I learned from this course is called VIOS (Value Investing Option Strategy). This strategy aims to consistently make money by selling naked put options to collect premiums on fundamentally good stocks with minimal risk (worst case scenario you are forced to buy that stock if your option is exercised). Anyway I won't be talking too much about the Fundamentals of Options as you can find many free videos of these on YouTube and paid courses on Udemy. I have been selling mostly naked put options to collect premium for 4 years using the ThinkOrSwim platform and I was collecting good premiums making some small profit. One strategy I used was to keep rolling my option if it went In-The-Money (ITM) on expiration day . However I discovered that there is a huge risk involved with this Naked Selling Option Strategy even when...

The TOP 3 DOs and DONTs To Be a Successful Investor

Many times we ask ourselves "Why do some people make money easily while I have a difficult time doing so?". I already have a few friends who are making tons of money after huge investment in crypto and I have another friend who has made tons of money in options trading. I am still struggling and I have been asking myself why. What am I lacking compared to them? I believe it is the amount of effort and time that my friends have placed to master the art of trading and investing -that make them successful. They will only focus on one thing and continue to sharpen that skills and knowledge relevant to that instead of jumping from one to another. For my case I have dabbled in the futures market, day trading, options, some crypto....all with mild or no success. It is time for a change. I have to put in more effort to be a more of a successful investor. knowledge without action is meaningless. We must Do the right things and DONT Do some things that may hinder our progress to be s...

FIRE SAMURAI

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