Ken Chee of Value Investing vs Jimmy Wong Forex Trading

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Ken Chee of Value Investing vs Jimmy Wong Forex Trading

Post by Dennis Ng »

Saw this posted on an internet forum.

I think it is quite entertaining but worrying, especially when you have 2 seminar speakers exchanging personal insults with each other. It only reflects the kind of person they are, and finally people can see their true colours.

If I want to learn about investing or trading, I will not learn from such people no matter how good they claim they are or they are, becos I don't want to learn the wrong values from them. To me, how we make our money (based on correct values and principles) is More important than how much money we make.

Cheers!

Dennis Ng

Hmm.. it's just based on a facebook thread ..

Ken Chee of Value Investing versus Jimmy Wong of Forex Trading.
It seems both have seen success with their methods .. Anyone attending any of their workshops and tested their methods? Smile

Joshua Lung
Last night, I saw Jimmy Wong executed 50 trades BLIND-FOLDED on past USD/JPY price data, achieving 67% accuracy in predicting price movement. Jimmy proved it is possible to predict future forex price movement with high accuracy. Raymond Ng Roger Koh Ben Aw Mark Lee Bill Tan James Wee
Like · · Share · Friday at 11:52am · Privacy:

Raymond Ng and 16 others like this.
Joshua Lung but of course not anyone can be like Jimmy. He has attained a very high level of mastery in forex trading
Friday at 11:54am · Like
Raymond Ng Boss, I am happy that you benefited from Jimmy Wong's course.
Friday at 12:06pm · Like
Ken Chee Dear Joshua, just want to support you on your journey of investing. Read this article below.

http://www.beinvestors.com/wp-content/up...estors.pdf

See the link for explanation,

http://en.wikipedia.org/wiki/The_Superin..._statement

According to Warren Buffett, there are many "monkeys" like to flip coins. Read the article and under the true essence of Warren message. Smile

In addition, maybe we should nominate these traders with "High Accuracy" to manage GIC and Temasek portfolio so that our CPF return can be higher? Smile
Friday at 12:40pm · Unlike · 3 people
Roger Koh Jimmy demonstrated blind fold techniques many times already n it is available on YouTube . He is gifted with that ability. I m not gifted but surrounded by gifted people. Lol.
Friday at 1:08pm · Like · 1 person
Norman Yeo Is 67% really amazing? Its so close to 50%. That means that for the risk he is taking his gain is around 10 - 15%
Friday at 1:24pm · Like
Jimmy Wong Thank you for the support Joshua, Raymond and Roger. One thing I learn in life is NOT only to speak of how CAPABLE you are but to prove with what you have in terms of skill set and ITEMS ( luxurious).Some like to self proclaim about how EXCELLENT their teachings are and how it will benefit others but they themself is not EVEN close to the mark. Some like to quote others in term of "teachings"... well personally I believe in originality. I don't need to quote others and there are alot of successful pple out there who succeeded as well similarly. Anyone who says they have made it there and so on... Try even asking and "SEEING" (not listening) what this self proclaimed successful person has in terms of the BASICs of OWNERSHIP> Cheers!
Friday at 1:27pm · Unlike · 6 people
Dennis Lee With Jimmy's current achievements, successes and wealth created from Forex as a trader, he has proven beyond doubt of his trading skillset, what's more with his sharing and demonstration. Seeing is believing, not just talking....
Friday at 1:31pm · Like
Jimmy Wong Dear Norman.... You are right it's not even close... well it was simply just a performance ..... FYI when I trade I don't blind fold.. Smile The purpose of blind folding is just to demostrate candle sticks depiction.
Friday at 1:32pm · Like · 1 person
Joshua Lung ‎Norman Yeo trading blind-fold means Jimmy Wong only use a very limited set of his skills set to trade. When he trade with eyes open and all the tools available, his success rate shoots up dramatically!
Friday at 1:34pm · Like · 2 people
Jimmy Wong Thanks Joshua for the explainations... appreciate and have FUN.
Friday at 1:35pm · Like · 1 person
Roger Koh ‎Norman Yeo, if you can achieve 67% in the 4-trillion dollar market, wud you trade? Lol, if u r not trading, then trade for me lah...Lol..
Friday at 1:46pm · Like · 1 person
Roger Koh i m happy with 50.1%
Friday at 1:47pm · Like · 1 person
Lim Kian Meng Joshua! Wasn't that amazing? Jimmy can pull of 67% in one sitting. 10 to 15% in 1 night is pretty good. Oh ya. Blindfold. And I was trying to distract him too...haha.

Ken, I didn't know that u r the official spokesperson for Warren Buffet. If that is the case, congratulations! And please keep supporting people. I think it's important that people distinguish the masters from the bullshitters.

Good show Jimmy.
Friday at 1:55pm · Like
Teck Khoon Khng Point of clarification; 67% was a pure count only of 50 trades done; most winning trades were greater in pips than losses. In absolute PIPS count, it would have been closer to 80%. On top of that; 12 of the 17 lost trades, he predicted the outcome before it happened, just to share more of his insights of the market. Personally, I'm amazed having witnessed Jimmy's outstanding feats!
Friday at 2:01pm · Like
Dennis Lee Anyone would simply know that trading blind-folded severely handicaps a trader, and with more than 50 trades, it is statistically proven to be a significant and credible result.
Friday at 2:01pm · Like · 1 person
Kathleen Soh ‎@ Ken Chee, being a reputable entrepreneur yourself, it's such a disappointment that such remarks came from you. Only a monkey would see himself as a monkey and jealous of others's success. If we were to nominate these traders with "High Accuracy" to manage GIC and Temasek portfolio so that our CPF return can be higher, doesn't it means that all Singaporeans will become useless and sit back and wait for money to drop down from the sky. I believe Singapore Government didn't want it that way.
Friday at 2:08pm · Like
Norman Yeo Awesome! Sounds like you guys have been making alot of money learning from jimmy.
Friday at 2:17pm · Like
Norman Yeo Anyway, I feel that even though this is an online channel, your personality is still being exuded here and it will carry it with you beyond online means.

I think it will be nice if we can maintain harmony by refraining from verbal insults. Personally i am not a trader but i know and respect many trader who are ethical out there because for a fact they are making money and it works for them.

There is no need to insult others for their comments either. Just be nice and be happy. Smile
Friday at 2:31pm · Like · 1 person
Raymond Ng Guys guys, peace peace.
Friday at 3:11pm · Like · 1 person
Ho Canjie Dear Ken Chee, with all due respect, pls give due respect and refrain from posting terms like 'monkey' on someone's else FB page. I'm sure you would not like it if someone else does that to you too. Peace out all.
Friday at 3:32pm · Like
Ken Chee It is a pity that our government doesn¹t know how to appreciate talent.
Maybe Goldman Sach or other big hedge fund would like to work with him.

Or maybe you would like to pass him your personal or company fund and trade
to make more money since he can predict the future prices? All the best! Smile
Friday at 3:48pm via · Unlike · 1 person
Ken Chee Dear Canjie, pardon for the miscommunication. Please read the pdf article and comment. Warren is referring "Monkey" as a replacement of human beings. That include me. Smile
Friday at 3:52pm · Like
Jimmy Wong Frankly Ken Chee, Don't really need to justify your apologies here as really the understatement (or is there any) is very clear. Well, if you are very sucessful I will be happy for you too and definitely wish you the very best. To add on, it does not really matter who and where I can or would go and reder my skill sets ... its individual.. but still thanks for all the recomendations .
Friday at 4:18pm · Like
Jimmy Wong Also, I don't predict , I speculate.
Friday at 4:19pm · Like
Jimmy Wong Great top traders don't trade for conpanies and get "locked-in" ... but start FM companies themselves ..... Cheers
Friday at 4:21pm · Like
Tony Luah ‎@Ken chee, respect others to gain respect for yourself. however from your remarks, I strongly believe you lost it all. Each has own ability so don't underestimate others to make yourself higher.... cos it will always backfired. If you are into brand mastery, yet you can't even master brand mastery for yourself... its quite a failure.
Friday at 4:21pm · Like · 1 person
Elis Chai You don't even know Jimmy well, how do you know he is not doing for other companies. Do not judge others if you can't make it yourself. I believe he did not say or insinuate that he can predict future prices, but encourage all to profit from the FOREX market in both bull and bear market. I personally benefited from this FOREX with his teaching. You should learn from his teaching so that your wealth can escalate further and stop sucking on your thumb and stepping on others who makes it bigger and richer than you.
Friday at 4:21pm · Like
Jimmy Wong Dear Norman, I don't blame you for the comments or even take offence.. REALLY. Great to know you since you commented...
Friday at 4:22pm · Like · 1 person
Tracy Ong Mr Wong is sharing more of his proven strategies at the Bootcamp and it is a great privilege to learn from him these 2 days. Without his sharing, the strategies will just be the secrets that are untold to the world.
Friday at 4:24pm · Like
Jimmy Wong To all that voiced up .... You guys voiced up as you have seen, witnessed and ULTIMATELY benefited from it... to others it's something RAW and tt's why the misinterpretation and qulams. Very well, lets move on!
Friday at 4:25pm · Like
Jimmy Wong Joshua, you shouldn't have complimented me ..... see what happens.... hahahahaha.... anyways, trade well and I am proud of you. Cheers !
Friday at 4:27pm · Like · 1 person
Leong Wai Loong We seen it, we believe, and is our honour to leaning with Jimmy Wong.
Friday at 4:28pm · Like
Dar Ling Norman and Ken, how does the grape taste? sour right??? if u dare to go have a real taste of this grape and its essence, u will know how sweet it is. Sour is FARRRR fr it. respect others first before u expect others to respect you. dont demand peace when u evoke war. messing with the wrong guy will only make yourself a victim. and facts is not something that can be messed with. so what are your facts?
Friday at 4:30pm · Like · 1 person
Tony Luah Let's move on with people who can succeed, not those who can't pull it off. We should learn from the masters and those who aspire to mastery, not just talk about it.
Friday at 4:30pm · Like · 2 people
Kathleen Soh Jealousy is simply and clearly the fear that you do not have value. Jealousy scans for evidence to prove the point...
Friday at 4:31pm · Like
Leong Wai Loong Dar Ling, I guess they prefer banana, cos noisy monkey hunger for banana .. so dont even know hows sour taste ...too bad .. . llol
Friday at 4:35pm · Like · 1 person
Jimmy Wong Finally guys, for those who have seen it will believe, for those who have not MAYBE won't . Hmmm... funny part is why comment when you have not even seen it? Ok, Let peace and happiness prevail!! Have FUN and Let's ROCK on!!!
Friday at 4:38pm · Like
Ben Aw the posts made my hands itchy..... x.x"

but i m more keen in the results that Jimmy had achieved. is time for me to reconsider FX trading again. let me find the time to do it.

now go away for a short break 1st!
Friday at 5:08pm · Like
Jimmy Wong Anytime BEN AW... you are most welcome and I will do my best to fix your patch in trading. Cheers
Friday at 5:09pm · Like · 1 person
Ben Aw thanks Jimmy! need to find a "Shi Fu" like you to mentor us.....
Friday at 5:11pm · Like
Jimmy Wong Thank you guys... let's get ready to Lambo... err I mean "rumble"....lol
Friday at 5:12pm · Like
Jimmy Wong Ben, it will be my greatest honour and PLEASURE !!!!!!
Friday at 5:14pm · Like · 1 person
Raymond Ng Dear Bosses,

Both Jimmy Wong & Ken Chee are my good friend. This is really really a freak misunderstanding.

Firstly, the article mentions about a scenario in which the article uses "monkey" as a metaphor. It is used in that artlce as a thought experiment. Ken was not referring to Jimmy.

His comments are purely to support Joshua Lung. In fact, he replied through email to facebook, and he absolutely has not seen the whole shebang of a flame war here.

Anyway, it is different style. I myself am not attuned to trading as well. However, I acknowledge Jimmy for his totally honest way of imparting knowledge.

I know the both of them, and they are both great buddies to me.

Basically let us just stop this whole exchange.
Friday at 5:17pm · Like
Jimmy Wong Raymond, it won't even get started if all is clear and well..... anyway if you refer to the folowing posts the insinuation is clear cut... but to me time is of better usage eg. polishing my Lamborghini, BMW 7 series (F1 model), BMW x6 and Harley Davidson Road King then to indulge in this. See Raymond you are a great man that you know where are your lines of comments should lie and it has brought you to this great length. In short "talk only when you know what you are talking about". Anyway this "Flame" will be off when it should be off. Buddy, coffee soon .
Friday at 5:26pm · Unlike · 2 people
Jimmy Wong Ok supporters, all well and said... THNK YOU , THANK YOU FOR THE ZEALOUS SUPPORT and Let's have a good time in the mist of this weekend...... ROCK ON and LAMBO!!!
Friday at 5:28pm · Like
Raymond Ng Ok ok, peace peace.
Friday at 5:33pm · Like
Raymond Ng it is Friday, surely we have better things to do?
Friday at 5:33pm · Like
Kathleen Soh A mistake is always forgivable, rarely excusable and always unacceptable.
Friday at 5:44pm · Like
Raymond Ng It is weekend! Party time!

Anyway, yesterday I watched "How to train a dragon". Surprisingly simple yet very good movie. Watch it if you can!
Friday at 5:51pm · Like
Joshua Lung ‎Ken Chee frankly speaking, i studied Corporate Finance in Uni and I understand the random walk theory. And one of my favorite investment books is "The Warren Buffet Way" by Robert G. Hagstrom. So I can make my own choices. Anyway, I was merely sharing what I witnessed. Just my way of acknowledging Jimmy Wong I appreciate what he did for the class
Friday at 7:08pm · Unlike · 3 people
Jimmy Wong ROCK on and LAMbo Joshua.............
Friday at 7:10pm · Like
Joshua Lung last night Jimmy Wong trade without blind-fold and achieved more than 90% success rate. Like that also can ah!!!
Yesterday at 11:20am · Like · 2 people
Jimmy Wong Thanks joshua... This is nothing to speak of .. Before someone else get jealous... Hahaha.. Thanks for support once again buddy.
Yesterday at 4:52pm · Like
Jimmy Wong Ok all supporters , time to rumble in my lamborghini Gallardo lp for a weekend drink ..... Text me if you want to join me. Maybe we pop in a book store to buy warren buffet book.... Lol
Yesterday at 5:50pm · Like · 1 person
Jimmy Wong Suddenly recalled.. Investments come in alot of areas.. Namely; business, financial investments, collectors items, some even says 4d.... But remember, Wife OR ANY LOVE ONES never an investment... Cos its God's gift.. Have a wonderful weekend.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
TieGe
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Post by TieGe »

Dennis
Ken chee did not make his million in value investment.
He makes millions perhaps in conducting seminar.

Tie Ge
Dennis Ng
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Post by Dennis Ng »

TieGe wrote:Dennis
Ken chee did not make his million in value investment.
He makes millions perhaps in conducting seminar.

Tie Ge
well, a person can bluff the whole world, they cannot bluff themselves. And if a person bluffs himself/herself, then it is very sad.

Everyone can quote Warren Buffett, a person who can quote Warren Buffett, does NOT mean he can invest like Warren Buffett and certainly does not mean he can teach you how to invest like Warren Buffett.

What is the BEST Source to learn how to invest like Warren Buffett? It is to learn from Warren Buffett himself!

And it is FREE, here's the link where you can learn from Warren Buffett himself, where he shares his knowledge in his annual letters to shareholders:

http://www.berkshirehathaway.com/letters/letters.html

http://www.berkshirehathaway.com/
Last edited by Dennis Ng on Fri Sep 30, 2011 10:06 am, edited 2 times in total.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
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Post by Darren Lee »

I saw this unfolding in fb.. Duno want to laugh or cry.
Have they got no idea of everyone is viewing them? Including their graduates who take them as their role model. :?
Darren Lee
roychen
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Post by roychen »

It's an entertaining read, in the sense that the gossip columns are entertaining..

Regardless of who is right or wrong (not that it really matters), I just find the blatant materialism shown by Jimmy Wong quite a turn-off.

Empty vessels make the most noise.. if you are truly rich I don't feel you have to tell the whole world how many expensive cars you have.
findleowong
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Post by findleowong »

Most humble rich investors dun show off their wealth. It could also be one of their marketing gimmicks to attract people to join their class.

One of my mentor acquaintances told him, there’s ex student from Ken Chee Class in this forum, told his team on the previous thread I have written regarding the stocks they recommend from their website.

After my comments, typically they took it down from their website. Just imagine, if they dun remove it, how many ignorant people follow their advice and purchase those stocks.
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Post by Alina »

It is good to know but I thought it may not be so nice to paste the posting here.
Dennis Ng
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Post by Dennis Ng »

Alina wrote:It is good to know but I thought it may not be so nice to paste the posting here.
Why is it no good to let more people know the Truths about some people so that people can then make a careful choice in choosing who to learn from?

Whatever I do, I only have good intention. My only guide to my words and actions is my conscience, is asking myself, "is what I am saying or doing good for the society?"

I don't say or do things that are nice. I only say or do things that are good, without any regard how others may view me or what opinion they have about me.

I see nothing bad in sharing this, only good, that is why I share.
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
findleowong
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Post by findleowong »

Dennis Ng wrote:
Alina wrote:It is good to know but I thought it may not be so nice to paste the posting here.
Why is it no good to let more people know the Truths about some people so that people can then make a careful choice in choosing who to learn from?

Whatever I do, I only have good intention. My only guide to my words and actions is my conscience, is asking myself, "is what I am saying or doing good for the society?"

I don't say or do things that are nice. I only say or do things that are good, without any regard how others may view me or what opinion they have about me.

I see nothing bad in sharing this, only good, that is why I share.
Typically, if they teach the right things, I will even recommend people to attend their class. However, the true fact, they dun.

We presume the article, is not written by Ken or Clive & it’s written by their students, that’s even worse.

And this show that, they are learning and doing the wrong things.
Even if we dun base on their web article they had publish previously, the stock valuation method they teach, it’s absolutely wrong. That’s because, I have seen their course note from my mentor acquaintances.

Count the number of patches of students they had, good luck to all of them. Dun be smitten by the course branding & talk. They are professionally train.
Dennis Ng
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Post by Dennis Ng »

findleowong wrote:
Dennis Ng wrote:
Alina wrote:It is good to know but I thought it may not be so nice to paste the posting here.
Why is it no good to let more people know the Truths about some people so that people can then make a careful choice in choosing who to learn from?

Whatever I do, I only have good intention. My only guide to my words and actions is my conscience, is asking myself, "is what I am saying or doing good for the society?"

I don't say or do things that are nice. I only say or do things that are good, without any regard how others may view me or what opinion they have about me.

I see nothing bad in sharing this, only good, that is why I share.
Typically, if they teach the right things, I will even recommend people to attend their class. However, the true fact, they dun.

We presume the article, is not written by Ken or Clive & it’s written by their students, that’s even worse.


And this show that, they are learning and doing the wrong things.
Even if we dun base on their web article they had publish previously, the stock valuation method they teach, it’s absolutely wrong. That’s because, I have seen their course note from my mentor acquaintances.

Count the number of patches of students they had, good luck to all of them. Dun be smitten by the course branding & talk. They are professionally train.
Hi findleowong,

Basically the above was extracted from facebook postings by someone and put on the internet (Not me). The face book "dialogue" shows the 2 seminar Trainers exchanging insults with each other and with some of their students coming in to help defend/rebuke their Trainer.

Yes, I find it very disturbing becos as Trainers, they should see themselves as Teachers and role model for their students. One trainer started to boast the expensive cars he owns, which to me again is spreading the Wrong Values to his students and the public (since it is facebook postings open for public to see).

As I said, I started conducting seminars since May 2009 when I reached the point that I could no longer stand some of these seminars out there...
Cheers!

Dennis Ng - When You Master Your Finances, You Master Your Destiny

Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
findleowong
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Posts: 188
Joined: Mon Nov 16, 2009 12:22 am

Post by findleowong »

Dennis Ng wrote:
findleowong wrote:
Dennis Ng wrote: Why is it no good to let more people know the Truths about some people so that people can then make a careful choice in choosing who to learn from?

Whatever I do, I only have good intention. My only guide to my words and actions is my conscience, is asking myself, "is what I am saying or doing good for the society?"

I don't say or do things that are nice. I only say or do things that are good, without any regard how others may view me or what opinion they have about me.

I see nothing bad in sharing this, only good, that is why I share.
Typically, if they teach the right things, I will even recommend people to attend their class. However, the true fact, they dun.

We presume the article, is not written by Ken or Clive & it’s written by their students, that’s even worse.


And this show that, they are learning and doing the wrong things.
Even if we dun base on their web article they had publish previously, the stock valuation method they teach, it’s absolutely wrong. That’s because, I have seen their course note from my mentor acquaintances.

Count the number of patches of students they had, good luck to all of them. Dun be smitten by the course branding & talk. They are professionally train.
Hi findleowong,

Basically the above was extracted from facebook postings by someone and put on the internet (Not me). The face book "dialogue" shows the 2 seminar Trainers exchanging insults with each other and with some of their students coming in to help defend/rebuke their Trainer.

Yes, I find it very disturbing becos as Trainers, they should see themselves as Teachers and role model for their students. One trainer started to boast the expensive cars he owns, which to me again is spreading the Wrong Values to his students and the public (since it is facebook postings open for public to see).

As I said, I started conducting seminars since May 2009 when I reached the point that I could no longer stand some of these seminars out there...
Hi Dennis,

I understand and agree with what you have mentioned. This show how humble they are & making hell lotsa of money from the people. Haha
That’s their business & let them cut each other throat. We will just stand at the side and watch the show.

Even if we have the intention to bring good and teach people the right way to invest, most people will still ignore it. They can learn one thing but do another thing.

Whether they can make it, it’s up to them. We are not saint; we can’t make sure everyone to be a savvy investor.

cheers
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