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JarolLo
Veteran |
31-Oct-2013 13:52
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Bro, you're right. No contra for YHM. In fact thinking of it the more contra we play the more likelihood we will loss. We're not Bro SC, Bro Ace, Bro Joseeng and Bro LJ. Even Bro LJ decided to quit weeks ago. I only long, park the CPF money until I made good return, and I've another 15 years to wait. So despite the current storm I've no worry because I'm sure the market will come back  again before I  can touch or need the money. That's how I enjoy life these days. I've  stay sideline for a long while, keep thinking what happened in the past, why I ended up loss more than gain. Now I know, with my character, contra is not suitable for me.  To do so, imporant is to tahan watching people making money and discipline myself not to go in. Not easy with the greediness. And I say, I've overcome it. This is what I've been saying, consolidate what you have, know who you are  and know what you want. Hope for better days in the future.  
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new6ie
Senior |
31-Oct-2013 13:32
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Everyone of us has a gambling spirit in us.   The only way to reduce risks is to either trade small or trade nothing at all.   For those contemplating the game, you will have to learn the hard way and in order to make it, you need to be different from most players by understanding what is the market mechanisms. Stock trading should be treated as just a game only, and not to become a habit because the mechanisms are always against you, the player. Reason: Money is involved.   Making money in the stock exchange is a legal way of making money by anyone including governments, banks and fund managers.   In today's world, technologies can go to Mars, check on distant planets and galaxies, communicate and alter the courses of satellites and even change weather.   Don't you think technologies can steal from us the legal way?   Yes of course by using software to check on your positions, moves prices to your (market average bought or sell positions) disadvantage etc. So it is difficult to win the market and what you win is actually from the pool of players who lost. You share with the BBs the spoils of making a good trade that comes by once in a while... Wow, sounds so scary.   Yes it is.   But it is not that you cannot win.   Yes you can, but in small amounts.   For example the losers lost $5,000, the BBs will make about $4,000 and $1000 goes to you to share with your brokers, something like that... So don't treat this game as a business unless you have very high capital to stand losses that always surpass your profits.   This is very common from what I hear say here and there.   Lol.   So you dare to trade shares?    
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niceguy
Member |
31-Oct-2013 13:02
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understand bro.   whatever we do today can (may) become better tomorrows. today is the day. yesterday was gone. but tomorrow may or may not come.   dont give up.
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Spivvy
Senior |
31-Oct-2013 12:58
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10 years of hard earnings blown in under 10 days. And you are saying until its v easy like that. How many more 10 years do i got to start saving all over again bit by bit? No time liao, bro. Everybody have different circumstances. | ||||
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niceguy
Member |
31-Oct-2013 12:45
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you are absolutely right. the market is evil. never appreciate your attention. never respect the discipline. and no mercy.   at the same time, let me tell you something. the market is everywhere. in your daily life. at home, at work, with family, with friends and finally within yourself.   it's all about fear & greed.   most people survive in the workplace (9-5) as there is not much to be greedy nor fear. you do your work, you get your salary. if that the case, when you come to the market, we can try to be like that as well. most of the people who got burnt were mislead by the fact that so called financial freedom is possible in the market by simply buy low and sell high and so on (with all sorts of techniques TA/FA/whatever A). the fact of the matter is once one steps into the market, we try to live beyond our means. instead of playing with what we can afford, using broker's money we whack all out to expect some magical moments.   why can't we go slow and steady the way we have done it in school (grade after grade), in the work place (promotion after promotion) to reach our goals. when we have no extreme greed or fear, we will make the sensible decision (take profit/cut loss) calmly.   having said that, as we need to go to work / school full-time, if you really want to earn from the market, you really have to be having full-time commitment. not like, when we win, by chance, we fell really great (genius) but when we loose we blame the meetings from our day job. i think that's what's happening. no matter how fast it crashes, you can cut it in time and you will cut it in time by making sure to find out the way you can cut it in time. cheers bro. 
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sugeee
Veteran |
31-Oct-2013 12:15
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Well said . We are so proud of  you.
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Spivvy
Senior |
31-Oct-2013 12:12
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yalar i know all that. Not going to cut. Hold and go agm every year makan till im 70, 80 years old as long as im alive & this co still alive. Retired already go and  sulk in front of william every year. Provided he is still alive by then. Or somebody else taken over. Or company delisted. Whatever. Tamade.
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bulletproofheart
Veteran |
31-Oct-2013 12:04
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i'm back from my short trip overseas. just read thru all 360 posts tt i missed when i was away. seems like market almost capitulated n a lot were caught in it. have to say i'm v lucky to have been away, if not, there might have been a smale chance tt i might be caught in it too. truth is, recently i havent been playing because of my losses too. it happened to me before with soccer betting n it almost happened to me during this period of uncertainty. no matter what, i dont see the funny side of joking abt the ending of life. as what bro csk said, is ur life that cheap? think of ur family members, ur spouse, ur gf or whatever, so many things in life, because of the losses u want to end life, it's super not worth it. if borrow money from friends, yes it will be embarrassing, but thru hardwork, money can earn n pay back. u only have one life, u lose it u will nv get it back. if got think of ending life, the stock market is not for u. just go back to earning money thru sheer hardwork. huat ah!  |
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Huat_ah
Senior |
31-Oct-2013 11:13
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Good luck bro!!! May u Huat big always.... Huat ah!!!
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Pauperman
Veteran |
31-Oct-2013 10:38
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YHM long term prospects is good. I don't encourage to contra in this counter as it like to sideways for days and weeks. Be nimble.
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JarolLo
Veteran |
31-Oct-2013 10:20
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Anybody watching YHM? These few days many times trying to break 54 but always bounce back, seems got very good support here. The q was about 4K plus, down to 3.7K now 8.7K. Hope is realy support and not fake ones. I didn't say can buy or don't buy. Your money your decision. |
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Simpsons
Veteran |
31-Oct-2013 10:09
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No animals leh..
Just wounded warriors but still got breath to fight.. Huat ah!! |
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Huat_ah
Senior |
31-Oct-2013 10:01
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🐶 🐺 🐱 🐭 🐹 🐰 🐸 🐯 🐨 🐻 🐷 🐮 🐵 🐼 🐧 🐔 🐥 🐍 🐢 🐝 🐛 🐞 🐙 🐄
So quiet until all the animals are out.... Huat ah!!! |
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Gold916
Veteran |
31-Oct-2013 10:00
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agreed...your money your choice...dont like the market dont in...
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Huat_ah
Senior |
31-Oct-2013 09:51
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Waw v quiet leh.... Where is everybody??? Bro Stockcham not here, this forum post v quiet.... Huat ah!!! | ||||
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Huat_ah
Senior |
31-Oct-2013 09:12
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Bro..... Market good doesn't mean must chiong in. At least blood stop dripping and u try see how to nurse ur wounds... Either u bandage it or u amputee it... Simple maths bro. Cry everyday also no use sometimes. Pray everyday also no use as well. The decision is urs. Only u can decide the best decision. Hold or cut lost u make the decision... After that just relax one corner and rest... Whether u want to continue trade next time or swear off trading it's ur call bro.... At least after that there is no heavy weight on ur shoulders anymore.... Ok?
Huat ah!!!
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Spivvy
Senior |
31-Oct-2013 09:09
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Bro ur pms all cant read. No suject to click on.
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Spivvy
Senior |
31-Oct-2013 09:02
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Pls dont cheat yourself. Market already cheated us. If we even cheat ourselves consoling ourselves today will be good day, we will be jailat liao
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Huat_ah
Senior |
31-Oct-2013 08:31
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Good morning fellow bros and sis, hope today is a better day....
Yesterday night Fed announcement wasn't well taken in by the markets.... Dow jones red and US futures red now. Maybe penny stocks will be fine today? Let's wait for the storm to clear before chiong in again..... Huat ah!!! |
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duofu1285
Member |
31-Oct-2013 08:17
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Bro. I pm you liao
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