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Midas
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khng2012
Master |
26-Sep-2012 20:49
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Midas is quiet... Selling is drying... | ||||
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JustinQuek
Veteran |
26-Sep-2012 20:07
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join me bah in trade . .want be friend?
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Raindrops
Member |
26-Sep-2012 19:39
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China news of pumping 49billion in buying asset never improve market sentiment!! :( |
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yabbest
Senior |
26-Sep-2012 19:22
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hello are u still asleep? |
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cashiertan
Elite |
24-Sep-2012 14:43
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In stocks, many are master in Hope Analysis | ||||
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khng2012
Master |
24-Sep-2012 14:42
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I don't like tor recommend stock too but Midas can keep. I bought first batch at 37cents and 2nd batch at 28cents when BB dump it. So far enjoying about 18% profit, will keep it till China release the ban of Fast Speed Train Project. I believe, when supply was cut for a year, once demand come(now), it will be undersupply(3month down the road) and that industry will boom fast to cover the undersupply(6month down the road). Midas is at this situation. I am not interested for its future cost management but only want to catch this order boom in next 6 month to get my 50 to 60% profit earn in next 3 to 6 months. |
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rutheone1905
Veteran |
24-Sep-2012 14:41
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those tat teach TA skills r basing on known chart analysis tat one can learn from online. these gurus always use past records to prove their points. n newbies will be damn happy thinking if they master the chart analysis they master their life n can be like their guru masters driving big cars n owning big houses......FAT hopes. imagine those young chaps just graduated from sch armed with few 10K, dreaming of gaining fortune with master's coaching....FAT hopes. i dare to claim i know almost every chart analysis, fibonachee, wave analysis, forward analysis etc but i m still a average Longist......tat make me turned to shortist decade ago.
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cashiertan
Elite |
24-Sep-2012 14:32
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i dare to say u still earn because u got good risk mgmt skill not because of ur trading skills. my mentor (the real good one from USA) said, trading is 70% risk mgmt and 19% luck 11% skill. What happen to the skill? he consider it least impt of all. why? one can trade based on 5-10 candlestick patterns alone and make money! |
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rutheone1905
Veteran |
24-Sep-2012 14:31
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" customised to your character...." this is the key point.....all traders r very different, as long as earn $$$ is a good trader...........cheers
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khng2012
Master |
24-Sep-2012 14:25
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I learnt a bit chart analysis, a bit financial report analysis and monitor closely about market trend. That's all. So far manage to earn money every year, no rich till buying Ferrari or landed property. But I satisfy with my trading skill so far. I believe that 3 to 6 month to trade and hold a potential stock can earn. I really can't understand that some people like to set up blog or course and being expert to teach with the chart in short term and claim loudly what they achieve but keep quiet when they lose. So far, I lose 6 to 7 out 10 transactions but still manage to earn money. It is because I cut loss fast for my loss and always like to estimate the potential of a share and buy at low. 6 to 7 out of 10 transaction may lose 10 to 15% but manage to earn 50 to 60% from thr 3 to 4 out of 10 transaction. |
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cashiertan
Elite |
24-Sep-2012 14:07
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also i dun wanna share my trades on forum anymore for i tested. those trades that i posted online have lesser winnings or breakeven or small loses but those trades that i dun post are doing well. well i guess luck can never be shared. wanna ride on someone else back and have a easy way to make money? dream on! this is what Life teaches me. | ||||
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cashiertan
Elite |
24-Sep-2012 14:04
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i kinda agree with you on this. no matter how u teach, only 5% of the students will earn big money. the rest is earn bit not much, break even, lose money or dropped out of trading. thats why i dun share with anybody how to trade except ppl of my standard (not holian) or those who i consider of certain level or abv me. This is because trading needs to be customised to your character, capability and also luck. if your whole life luck is average, dun expect to earn money, even u earn u will lose it to other things. |
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rutheone1905
Veteran |
24-Sep-2012 13:55
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my personal opinion, stock investment u can only teach the tools, eg: 1) what r warrant, rights, dividends, split, consolidation etc n how it impact the share price 2) all the TA tools/charts n how ppl mostly lost money following just the TA 3) how news n events impact the mkt 4) wat is ipo 5) how to short/long the mkt 6) how to read financial reports bla bla, the rest is up to the individual to " experience" the mkt with all the knowledge he gained. i dont believe ppl can teach u earn money thru courses, it is bullshit becos if he so gooooood then y he teaches u may as well reserve for own sons tat is wat i do for " how to short the mkt" ......i will never share one.
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cashiertan
Elite |
24-Sep-2012 13:51
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i tried tracking his news and blog but failed to find much winnings from his suggestions. my own rojak long system ,which i copy and paste everyway and everywhere, allows me to get a lousy 15% returns this month consider the market volatility and many mistakes i made. |
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cashiertan
Elite |
24-Sep-2012 13:47
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i also attended his short course years ago. i think about less than $100. he taught about macd histogram and macd divergence and his so-call own macd settings. I bought a ebook for us$30 (split among 15 forumers) and it taught much more. not that he is not good, just that i dun see value in the $100 paid versus the US$30 ebook. i believe traders must be nimble in stock markets and trade with the market movement but i think he waver in his analysis too much to be considered as a master and justify his course fee.. (which i dun know how many thousands it cost)
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khng2012
Master |
24-Sep-2012 13:13
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You are expert and even a master here. I am not but just a long term holder. I believe Midas is one of the company can trade against the uncertain market now. |
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khng2012
Master |
24-Sep-2012 13:08
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I saw your block and even conducted seminar to teach people how to trade on last sunday Now, the market reverse due to news from China further stimulation plan. Are you going to change your opinion again in 3 trading days? Do you think your fellow can catch you so fast with all these change and make money? Midas volume is thiner and thiner, are you sure BB leave midas, not the next consolidation to fly higher?
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khng2012
Master |
24-Sep-2012 11:04
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Oh, You are expert, you guess loh...
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stockmarketmind
Master |
24-Sep-2012 11:01
Yells: "stockmarketmindgames" |
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nope, I am not. What do you mean miss and keep quiet forever?
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khng2012
Master |
24-Sep-2012 10:58
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Share what, you are expert, right?
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