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STI to cross 3000 boosted by long-term investors
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eurekaw
Master |
26-Mar-2012 15:50
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Thank you.
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iPunter
Supreme |
26-Mar-2012 15:48
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1. Don't " mau " . This is the most defensive move of all. The stock market is not the place to get rich, because it can easily make you poor. 2. Dump it immediately if wrong. A pre-requisite for this is an entry point which is properly determined, either by means of chart experience, or whatever method preferred. The important thing is to act promptly, without hoping or praying. 3. Play it like a zombie (jiang shi). Don't love any stock. Buy a few good stock books and distill the wisdom propounded. 4. Do it.
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settowin
Veteran |
26-Mar-2012 15:47
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Honestly why and what for are we waiting now? Time to enter the market, and let DOW carry us upwards tonight and we all will huat  tomorrow. Cheers. | ||||
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settowin
Veteran |
26-Mar-2012 15:41
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I tend to agree with sifu Isolator that exiting a trade requires craftmanship (art). In fact entering a trade  is an art too.   If you don't know how, you stand to lose profits and sometimes big losses. | ||||
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eurekaw
Master |
26-Mar-2012 15:13
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''It is about knowing how to bet in a defensive manner'' - Pls enlighten us how to play in a defensive manner. Thank you.
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eurekaw
Master |
26-Mar-2012 15:11
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Looks like STI will cheong up in the afternoon | ||||
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iPunter
Supreme |
26-Mar-2012 15:10
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Confident people routinely lose a lot of money in stocks.
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iPunter
Supreme |
26-Mar-2012 15:08
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Stocks is a very tricky game.     Even those with super knowledgeable and are learned in investment can lose a lot of money,         In fact, the more learned, the more likely they lose more money than others.                 This is because stocks is not about knowledge. It is about knowing how to bet                       in a defensive manner. Confident people routinely a lot of money in stocks  ![]() |
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SupremeA
Veteran |
26-Mar-2012 14:40
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Its pricing.Not good/bad companies.   For example, Keppel at SGD 3 would be a good buy, but at SGD 30 would be suicide (considering market px now anyway)
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Isolator
Supreme |
26-Mar-2012 13:49
![]() Yells: "STI is hard landing to below 2000..." |
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Exit a trade is an art..........  after my years of wandering around in the markets.... Why not everyone post a summary of what is trading here to share? lol |
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artng25
Senior |
26-Mar-2012 13:26
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Stock trading or betting as some may  call it,  is much about wisdom, humility, patience, decisiveness and last but not least, knowledge | ||||
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Laulan
Master |
26-Mar-2012 13:20
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One in a while, I am here for good karma.  So listen well newbies. Don't play the stock market, thinking it is a place to make good money.  Not everybody can make it as this is only reserved for a  priviliged few. Investors who choose a good company and stayed on for few years have better chance of making some money, so if you have idle  money, just buy one good counter and keep it for few years.  But good counters are also difficult to invest.  They are either too expensive or they are managed by bad peoople and eventually your investments will also lose out. | ||||
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SupremeA
Veteran |
26-Mar-2012 12:59
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I'm sure that's why we are all in this forum :P
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Laulan
Master |
26-Mar-2012 12:49
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There is a difference between acquiring knowledge and acquiring skills.  By taking courses in " how to make money in trading" for example, one does not acquire the skill of trading until he puts the knowledge to test his ability (skill) after the courses.  And every person in the same class will likely fare differently when they started trading equiped with knowledge from the courses. To all aspirants of making money in the stock market, my advice is do not trade stocks at the whim and fancy as the chances of losing money is certain.  Why?  The market is always in manipulation mode, and if this is not understandable, it means an element of crookedness is always present in many corners.  So in order not to lose money, do not trade the stock market.  If you really want to make money in stocks, only do a hit and run trade when an opportunity arises.  But  such opportunities for you to hit and run are also very few.  If you are lucky you can catch one or two. Don't trade in Singapore,  as this  market is always downward biased, and the index  do not really mean what it means, unless you  are into one or two big counters. My two cents may worth more or worth less than that, lol.  |
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iPunter
Supreme |
26-Mar-2012 12:28
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In summary, those who can afford it can bet big.     Those who can't afford to bet big can only bet small small.               But no matter what, all is still betting... ![]() |
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alexchia01
Elite |
26-Mar-2012 12:16
![]() Yells: "Catch The Stars And Ride With Them" |
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There are good courses and bad courses. A general rule is to avoid courses that give unrealistic claims. I'll admit that I'm one of these suckers. I've attended a few of these courses before and I can tell you that some works and some don't. But the problem is majority of these people attending these courses is still not going to make money. I know this for a fact because many people I knew attended with me are still trying to make it work. Why? Because many people are not ready when it comes trading pyschology and they have unrealistic expectation due to the unrealistic claims by these ads. It's true that you can make $100,000 in 1 day, but they didn't tell you how much risk you are taking to make that $100,000. If you have $1m in your bank account and leverage up to $10m, sure you can make $100,000, it's only 1% gain meh. But this is a double-edge sword. You can make $100,000 in 1 day, you can also lose $100,000 the next. It took years for one to be mentally ready. When you reach a stage where you know where a stock is going based on price movement and able to wack even when the price is soring and you can cut loss immediately without thinking twice, then you have a chance of making it in the market. It took me almost 5 years to reach the stage I'm in and I don't think anyone can do it in just a 2 days course. Do you think you can win the F1 race, by just attending a 2 days driving course? Who are you kidding?
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alexchia01
Elite |
26-Mar-2012 12:16
![]() Yells: "Catch The Stars And Ride With Them" |
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Isolator
Supreme |
26-Mar-2012 10:39
![]() Yells: "STI is hard landing to below 2000..." |
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So better not to trade at all..... lol | ||||
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iPunter
Supreme |
26-Mar-2012 10:18
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True there is a sucker born every minute, but pity those who are 'sucked' ...     But strictly speaking, it is fair. Like some say, isn't it better for you to have spent         $4000 and learned how not to lose $100,000, rather than keep losing more than $100,000.               It is just like paying $4000 to learn the harm of smoking, but it is worth it since                 one's life is saved by the knowledge ... ![]() |
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SupremeA
Veteran |
26-Mar-2012 10:11
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There is a sucker born every minute!
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