Choo Koon Lip

Just want to share the joy here at koonlip.com that Forex Asia Academy was just awarded with ‘The Best Forex Education Project in Asia’ for having Forex Intensive by ShowFxAsia Expo 2009 held in The Ritz Carlton Kuala Lumpur on 14-15 November 2009.

The key criterion of winning the award for my FOREX INTENSIVE programme are as follows:

• extensive source of authoritative educational materials
• must have hundreds of traders every year whose successful trading at Forex market
• independent from any dealing center (i.e. brokers)
• rejection the service of teachers who are not traders themselves
• trading on Forex instead of theoretical discussions

Me with Vladimir Syrov (left) and Eldar Sharipov (right) from Instaforex – Broker of the Year

Here’s the award certificate! Hoohoo!

I just received an email from a gentleman and thought of sharing this story.

Lowie spoke to me pertaining this guy’s interest in your FOREX INTENSIVE programme. He himself spent almost SGD11k for both the beginner ($4,888) and advance ($5,888) course from a so-called forex academy (that operates on MLM). After that, he (as a SGD2,000 monthly earner) had blown his account with their strategy and now accordingly to his words, he is “very skeptical of any forex course which advertise, advertise and advertise again and again”.  The high hope he pinned on gained him nothing. After searching for so many course online, he realised that only Chris Lori and my course do not advertise much (think this is Chris) or do not even advertised (and this should be me).

That’s his story. I was in a dilemma state! On a business point of view, I wanted him to enroll into my programme. But as a trader myself, I (instead) emailed him the following advices having him to re-evaluate his options again:

• Yes, he should not give up forex trading since he already spent and invested so much money and time.
• But then, he should consider whether now is the right time to rush in again mainly because he may not have enough cashflow to take my programme and having the appropriate capital to trade the forex market.
• Next, based on what he mentioned in his email, his emotional state of mind may not be appropriate for trading right now.
• Trading should not be done under a ’rush rush’ environment.

For those of you who want to engage in forex trading, do consider all these factors.

I just completed my recent workshop in Kuala Lumpu. This must be one of the toughest workshop I ever conducted. Let me elaborate on the problems surfaced:

1. Ibfx powerstats just happened to be down on wednesday to friday.

2. Some of the buttons on the Fxcm platform didn’t appear for some of the students.

3. We had a ‘fake alert’ as one of the students wrote the wrong birthday on his facebook. Haha.

4. No entry for Teabreak Strategy on friday as there was no breakout.

Anyway, everything’s fine! All the best in trading for the new batch of graduates!

p/s: We entered Sell into EUR/USD using the short-term price pullback strategy and so far, it’s already 50+ pips in our favour!

Accident – 1 Oct, 11.35pm @ GSC Gurney Plaza (Penang)

G-Force – 2 Oct, 11.45pm @ GSC Gurney Plaza (Penang)

Cloudy With A Chance Of Meatballs – 4 Oct, 5.50pm @ Cineleisure Orchard (Singapore)

Rebellion – 16 Oct, 11.40pm @ GSC Times Square (KL)

Julie & Julia – 19 Oct, 9.45pm @ GVmax VivoCity (Singapore)

Poker King – 29 Oct, 11.50pm @ GSC Times Square (KL)

Michael Jackson’s This Is It – 31 Oct, 12.00am @ GSC Times Square (KL)