Post Reply
1-20 of 27
Quah, you're right. Because there is money in the market to pick, but it is never for the ordinary folks to do so. Obviously it is for the powerful in their own ways. So be careful.
CWQuah ( Date: 26-Nov-2009 11:06) Posted:
The reality is that the mkt is really full of professional sharks.
If one does not learn their techniques, it is next to impossible to even survive, let alone earn from the mkt.
At the end of the day, news is merely news. Price action is everything. |
|
The reality is that the mkt is really full of professional sharks.
If one does not learn their techniques, it is next to impossible to even survive, let alone earn from the mkt.
At the end of the day, news is merely news. Price action is everything.
FAIR PLAY MUST ALWAYS BE A PREREQUISITE OF AN HONEST MARKET. NO CONDITIONAL PROGRAMMING SHOULD BE ALLOWED IF WE WANT EVERYTHING TO BE BASED ON MARKET FORCES.
BECAUSE MAN CANNOT FIGHT MACHINES.
hehe its upper class casino :) its all
gamble even if your a BB contributing 50% of the volume its still gambling
against other "Big Boys" & events around the world. Any Plunge or Rise is a win/lose for some BB.
If you happen to choose correctly your lucky and win :) Why i call it
a high class casino because there are so many unknown factors that
might greatly affected the price :P (such as Terrorist attack, Disease,
Natural disaster) and you put millions into it hoping that the company
will do well sometime in the future ? I think that's gambling because no one can 100% guaranteed your investment.
Imagine your holding and buying millions of shares in few stocks "basically your supporting it" around aug-sept 2001 and 911 strike. Other side line BB come in and Short your holdings ..... What happen if you ran out of reserved to counter them ?
Those Big boys traders have very stressed life :) - Hardcore
smokers & Drinker most of them. Well kinda no choice though..... sigh. You wont understand ......
daniel2356 ( Date: 25-Nov-2009 11:35) Posted:
What you have mentioned is true,fair enough,but during buying or selling we have to decide YES or NO.Even after going thro' with the Technical Analysis a wrong decision made also mati leh!.Have to learn a lot from you all Sifu.Cheers
boyikao3 ( Date: 25-Nov-2009 11:22) Posted:
|
Trading the market is not the same as gambling because trading is a game of probability. Gambling is purely about possibility. Probaility can be quantified and you can then make an informed decision you want to take that risk or not after you based it on your own risk/reward calculation . Possibilities cannot be quantified because it is always always 50%/50% chance of winning and losing. Ristaker is right to say that it is all about timing - which more than 90% of people cannot do well, because good timing requires a tremendous amount of patience and waiting.  |
|
|
|
What you have mentioned is true,fair enough,but during buying or selling we have to decide YES or NO.Even after going thro' with the Technical Analysis a wrong decision made also mati leh!.Have to learn a lot from you all Sifu.Cheers
boyikao3 ( Date: 25-Nov-2009 11:22) Posted:
|
Trading the market is not the same as gambling because trading is a game of probability. Gambling is purely about possibility. Probaility can be quantified and you can then make an informed decision you want to take that risk or not after you based it on your own risk/reward calculation . Possibilities cannot be quantified because it is always always 50%/50% chance of winning and losing. Ristaker is right to say that it is all about timing - which more than 90% of people cannot do well, because good timing requires a tremendous amount of patience and waiting.
daniel2356 ( Date: 25-Nov-2009 11:08) Posted:
| Playing shares is a gamble to me for all this 1 year.Todate I would say I still lose money slightly but should improve with more tradings.Should be considered as a learning curve for me.I agreed that timing is very important in order to make much money.Anyway,NO VENTURE NO GAIN.Cheers Guy |
|
|
|
Trading the market is not the same as gambling because trading is a game of probability. Gambling is purely about possibility. Probaility can be quantified and you can then make an informed decision you want to take that risk or not after you based it on your own risk/reward calculation . Possibilities cannot be quantified because it is always always 50%/50% chance of winning and losing. Ristaker is right to say that it is all about timing - which more than 90% of people cannot do well, because good timing requires a tremendous amount of patience and waiting.
daniel2356 ( Date: 25-Nov-2009 11:08) Posted:
Playing shares is a gamble to me for all this 1 year.Todate I would say I still lose money slightly but should improve with more tradings.Should be considered as a learning curve for me.I agreed that timing is very important in order to make much money.Anyway,NO VENTURE NO GAIN.Cheers Guy.
abc2xyz ( Date: 25-Nov-2009 10:49) Posted:
| Really? At least I have companion in the losing club. I am losing too despite being careful. |
|
|
|
To win in the stock market, I was advised by people who also lose money, you need to tag along with the big boys. When they buy you buy and when they sell you sell. This is because they have the information and the control of price while you don't.
Thats the fun part of the stock market. Upper Class Casino. Live your life to its fullness my friend life is short :)
How many of us here actually spend 20 years in educational system to become the next millionaire ?
How many of us made their first million in Property rather than in shares ?
How many of us made their first million through working for others and not from business venture ?
How many of us blame on luck when they failed rather than their own incompetence ?
How many of us dream of attending a course that will train you to be the next millionaire ?
How many of us hope that a miracle will happen through praying without any actions from you ?
How many of us truly understand the meaning of life ?
How many of us understand what is the meaning of happiness ?
Laulan ( Date: 25-Nov-2009 10:42) Posted:
In fact, give and take I shall lose money in the stock market. I don't know how you all fared?
risktaker ( Date: 25-Nov-2009 10:40) Posted:
This is life :) Life is all about timing - You will understand its true meaning soon.
|
|
|
|
Playing shares is a gamble to me for all this 1 year.Todate I would say I still lose money slightly but should improve with more tradings.Should be considered as a learning curve for me.I agreed that timing is very important in order to make much money.Anyway,NO VENTURE NO GAIN.Cheers Guy.
abc2xyz ( Date: 25-Nov-2009 10:49) Posted:
Really? At least I have companion in the losing club. I am losing too despite being careful.
Laulan ( Date: 25-Nov-2009 10:47) Posted:
| In fact give and take, I still lose money in the stock market. I don't know how you all fared |
|
|
|
it takes a long long time for me to learn :::
there is no GOOD stocks, BAD stocks, whether it is BLUE chips, super BLUE, penny , s chip whatever:
it is that entry price and exit price that counts...
So generally, 100 per cent of the players will lose 80 percent of the time.
ekekeg ( Date: 25-Nov-2009 10:56) Posted:
| Well, this is the fact of life as Risktaker puts it. Losing is quite common, 80 percent of players will win 20 percent of the time and 20 per cent of players will lose 80 percent of the time. Quite complicated ain't it? |
|
Well, this is the fact of life as Risktaker puts it. Losing is quite common, 80 percent of players will win 20 percent of the time and 20 per cent of players will lose 80 percent of the time. Quite complicated ain't it?
Really? At least I have companion in the losing club. I am losing too despite being careful.
Laulan ( Date: 25-Nov-2009 10:47) Posted:
In fact give and take, I still lose money in the stock market. I don't know how you all fared?
risktaker ( Date: 25-Nov-2009 10:40) Posted:
This is life :) Life is all about timing - You will understand its true meaning soon.
|
|
|
|
In fact give and take, I still lose money in the stock market. I don't know how you all fared?
risktaker ( Date: 25-Nov-2009 10:40) Posted:
This is life :) Life is all about timing - You will understand its true meaning soon.
Peg_li ( Date: 25-Nov-2009 10:33) Posted:
|
Frankly speaking, I bought 7 stocks recently, 5 of them are still losing money.only made some money
from straitasia and kepland.so understand why some people can lose money during bull market.it is
very easy to lose money if you enter market and select wrong stocks recently. only very few stocks
are benefitted from this time rally(STI from 2600 to 2800). |
|
|
|
How come the spelling can change from still to shall? Could I have typed too fast?
Laulan ( Date: 25-Nov-2009 10:42) Posted:
In fact, give and take I shall lose money in the stock market. I don't know how you all fared?
risktaker ( Date: 25-Nov-2009 10:40) Posted:
This is life :) Life is all about timing - You will understand its true meaning soon.
|
|
|
|
In fact, give and take I shall lose money in the stock market. I don't know how you all fared?
risktaker ( Date: 25-Nov-2009 10:40) Posted:
This is life :) Life is all about timing - You will understand its true meaning soon.
Peg_li ( Date: 25-Nov-2009 10:33) Posted:
|
Frankly speaking, I bought 7 stocks recently, 5 of them are still losing money.only made some money
from straitasia and kepland.so understand why some people can lose money during bull market.it is
very easy to lose money if you enter market and select wrong stocks recently. only very few stocks
are benefitted from this time rally(STI from 2600 to 2800). |
|
|
|
This is life :) Life is all about timing - You will understand its true meaning soon.
Peg_li ( Date: 25-Nov-2009 10:33) Posted:
|
Frankly speaking, I bought 7 stocks recently, 5 of them are still losing money.only made some money
from straitasia and kepland.so understand why some people can lose money during bull market.it is
very easy to lose money if you enter market and select wrong stocks recently. only very few stocks
are benefitted from this time rally(STI from 2600 to 2800).
Laulan ( Date: 24-Nov-2009 11:34) Posted:
| But honestly can we really confirm that we can make good money from the stock market these days |
|
|
|
Frankly speaking, I bought 7 stocks recently, 5 of them are still losing money.only made some money
from straitasia and kepland.so understand why some people can lose money during bull market.it is
very easy to lose money if you enter market and select wrong stocks recently. only very few stocks
are benefitted from this time rally(STI from 2600 to 2800).
Laulan ( Date: 24-Nov-2009 11:34) Posted:
But honestly can we really confirm that we can make good money from the stock market these days?
Peg_li ( Date: 24-Nov-2009 11:31) Posted:
STI almost 2800 already, but most of 2nd or 3rd line stock still in the down treand, it looks like no ending, most of them price is at the level
when STI is 2200.
all this is due to those shorters or any other reason? |
|
|
|
agree! something misty is cooking up and will be done in real time soon
Go beyond the mist and fog of the stockmarket battlefield.... then the strategy is clear.
If one is not clear what I'm talking about... one should not even be in the battlefield.
