Both of u not wrong.

A longer, hving d ancient attitude of Stock market slumps, keep d stock, n d stock sure rise again one. Ds grp got hit during d recent credit crunch. Dun know they need to wait how long , either break even or making money?

D other longer, a smart sam, evacuate burden when senses crisis in stock market. And return when market about to U turn, though, lose less, but they are ultimately d winner. A typical exp, Tamasick dun give a damn to BOA.

Henceforth, if anyone is d second of the above, sleep well. Cheers.

Comrade R, AK agreed. Newbies, need more to learn liao, esp in d buoyant stock markets, with cuts n wounds here n there, at ds moment.

AK will not laugh at d momentary failures, but give them d encouragement to stand up again, as AK was a failure before. God bless. N cheers, may be till end of d yr.

I beg to differ, to be successful in trading, u have to have a trader's frame of mind.

I m speaking from my years of trading experience, once been an investment frame of mind, making wrong entry without looking at the charts and end up, really a long term investment (bcos of losses) n bcos I was reluctant to cut-loss, but tat is history now, pheww!!

As a trader frame of mind, we time our enrtry n exit based on or interpretation of the chart, but of course TA is not infallible, thus need to set stop-loss n let profits ride with trailing stops to cover all those losses n yet make net profits. (Read my 3 golden mantras in the 3 threads I specially created with newbies in mind)

U r most welcome.

Trust me as I had gone thru the baptism of fire in trading, I truly speak from my heart, I started out just like tat naysayer, thinking trading is easy, no need n also lazy to learn, listen to rumours, buy based on guts, got burnt "chowtar", horrendous losses tat serves as a wake-up call n realise my foolishness n swear to learn TA  (of course TA is not infallible, thus need to set stop-loss), I still have my fair share of losses n profits but abiding my 3 golden mantras, I cut losses short n let my profit runs with trailing stops, so net I m still in profits.

So dun listen to those naysayers tat says trading doesn't need hardwork n learning. as talk is free n they dun pay u for your losses, u r ultimately responsible for your losses.

Common sense will tell us, in any trade, u need to learn the ropes of the trade, so is there any different with trading, those naysayers have gambling instincts  without knowledge, a very dangerous game.