Case Study: Benson Chua
From ZERO knowledge about investing to setting record highs in his portfolio
Case Study: Benson Chua
From ZERO knowledge about investing to setting record highs in his portfolio
Benson was completely new to investing since he was at a young age of 24. He had zero knowledge and experience, but he found interest in stocks because of the more attractive returns compared to other typical investment vehicles.
However, he did not have much capital and chanced upon the SMT Program which taught him how to invest without needing a large amount of money.
It wasn't a smooth journey for him. Back in April 2020, he was too eager to enter market just like any beginner would do. He cashed in 10k into his CFD account and overtraded.
Most of his stocks were bought based on FOMO and market news. And as expected, all his shorts went up and all his longs went down, suffering a >50% loss on just the beginning of his trading journey.
Benson was completely new to investing since he was at a young age of 24. He had zero investing knowledge and experience, but he found interest in stocks because of the more attractive returns compared to other typical investment vehicles.
However, he did not have much capital and chanced upon the SMT Program which taught him how to invest without needing a large amount of money.
It wasn't a smooth journey for him. Back in April 2020, he was too eager to enter market just like any beginner would do. He cashed in 10k into his CFD account and overtraded.
Most of his stocks were bought based on FOMO and market news. And as expected, all his shorts went up and all his longs went down, suffering a >50% loss on just the beginning of his trading journey.
He received calls from his CFD account asking him to top up money, and received warnings that he might need to close-out his account (refer to image)
It was devastating and unbearable for a newbie like him and he had no one to seek advise from. So at a point, he pm-ed Collin for guidance.
He received calls from his CFD account asking him to top up money, and received warnings that he might need to close-out his account (refer to 1st image)
It was devastating and unbearable for a newbie like him and he had no one to seek advise from. So at a point, he pm-ed Collin for guidance.
It was only when he applied the rules & strategies that Collin has been teaching and emphasizing to all his students, then did he finally start seeing profits in his account.
1. Stick to only 3-5 positions.
2. Don’t think of "what-ifs" and "should-haves".
3. Once order is set, move on to do other things and don't look at the market after 12am.
4. Learn from mistakes and be patient to see results.
Some might say these habits are still not good enough, but with SMT guidance and daily lookout using the TraderGPS software, Benson made a comeback.
From December 2020 to January 2021, he brought his account close to 13k.
Some might say “Walao, you spend 9 months to earn 2k, what is there to brag or send testimony about??”
But he safely assures that if any newbies that DID NOT have the guidance and had faced the same loss as he did in one month, they will never look at the stock market again and miss out on such a great potential.
This is only the beginning of Benson's journey.. He hopes to continue to stay in this community and HUAT together with everyone! HUAT AH!
Below is a shot of Benson's wins, and his heartfelt testimonial for Collin & the SMT program:
"I signed up for the class despite knowing that it wasn't cheap, but I took the leap of faith, and my earnings were able to recover back my course fees. With their guidance and daily lookout using the TradersGPS System, I made a comeback."
"I signed up for the class despite knowing that it wasn't cheap, but I took the leap of faith into this lovely SMT community, and my earnings were able to recover back my course fees. With their guidance and daily lookouts using the TradersGPS System, I made a comeback."