Trading Techniques   

Four Investing Mistakes to Avoid

Something just strike after reading your post that read as " the stock's chart is MORE Important than the Company..."

On the lighter side allow me to OT a bit. Let's say I'm going to introduce you to a lady with these 'numbers' given :

Stat : 36, 22, 36.    Ht: 1.57m.  Wt : 56kg...etc....

Look good isn't it with all these numbers? But, wait a minute...how would u know she is acceptable in real picture! Thus, the same with Investing in stocks, numbers and reports maybe important, but a picture can tell a thousand words.

Therefore, until you get a full picture,  don't bet may be the best bet! Hope you all get the right picture. Cheers!

 

Hi Mani,

I meant you bought Wing Tai at $1.50 one year ago and now $3.88.

 

Good luck in your trading nonetheless!

 

 

I agree with you... :) 

Thus, it is the most valuable and precious thing...

 

HI manikammaniko, I agree with you ... But until now we have more lagging chart than the optimal one.  May I say .. all of the charts are lagging indicators. 

Mostly, I use my instinct for trading. 

 

If the chart is bad, if one holds just because of loyalty to 'fundamentals' one may have to wait very very long before the price goes up much again.

Of course in there market, there's much variety in styles and preferences...

 

Hi Hi Techsys,

the opposite can come true too.

Everybody else becomes rich, but you. (I hope not!)

 

I learn one thing here. 

Never try to share your investment skills.  Let everyone dies but you .. ha ha ha

 

Livermore... :)

I look at all the charts, not just Wing Tai...

And if I see there's a trading opportunity, I will go in (and out already) before you even know it ...

(if a chart looks bad, no amount of great recommendation will make me go in)...

 

Hi Mani and Ten4one,

Ok, I do wish you all the best!

 

Mani, have a look at Wing Tai share price now

 

I agree with ten4one... :)

Actually, long-term investment (read long-term risk) is very, very risky!!!

 

Hi Luckyme, It's actually gold trust.  Perhaps, it's similar with Gold Future here.  I ussually split my portfolio into 3 to 4 basket.  If stock doesn't perform well, the other is ussually better. 

Luckyme, you can ask your broker for more information.  But it's basically the same like stock trading.  :) 

To Farmer .... I'm agree ....  I just wish we can share our techniques and therefore we can correct each other mistakes.  Perhaps we can invent a new better style technique ... Be In Peace ...

By the way ... I'm curious by livermore statement.. from where does ten4one come ? he he he

 

No problem, Livermore. I'm cool as ever.

Just stating my points of view that Trading is the more efficient way to benefit from Stock Markets and showing some facts relatively. Not trying to be 'Cocky' or rude; and no gun and poison either!

I strongly believe, just as what Farmer has put it : As long as it bring home the bacons, it doesn't matter whatever terms (long, short or medium) you used! Cheers!

 

Black cat, white cat, fat cat skinny cat....there are also many ways to skin a cat, but as long as one can constantly make $$ in the bull / bear market, it must be a good cat!

 

Hi techsys, care to share how to invest in gold. Tks

 

Hi Ten4one,

Keep cool yah. Yes, I understand where you are coming from. In a bull run, it is easier to make money. Well no matter where hard I try, I guess it may be hard to convince you about value investing. So I'll shall not say more. Time will proof it:).

Yes, I bought a stock one year that no analyst was covering it:).

 

Finally as I have mentioned before, I am not a "die die must hold" investor although I believe in value investment:).

 

Good luck to all! 

 

 

 

Thanks Nickyng.  I personally have no experiance in forex.  Too volatile, and the element of it too many.  But I'm playing gold.  I do investment in several countries actually.  Some managed by fund manager.  Since I have not many activity here, so I do my own investment here.

No offence --- just do your own best.  ha ha ha

 

aya dont play only eggs in ONE basket...play a eggs in OTHER basket as well loh...hee...for me i play forex as well...NZDSGD make $$ higher chance than my SHORTs in SGX :P

 

Don't want to be an intruder.   I'm rockie ... don't know everything .. please forget what I said  ... ha ha ha ha

 

Hi Livermore, just 1 year into long-term strategy, you're already so sure it'll work for you. If you've told me 10-20 years ago, I may be convinced. The Stock Markets now are getting more and more efficient (still not 100% yet) and thus it doesn't make any sense to be into long-term as the pricings of the shares  are quite close to the book-values. Of course, there'll still be cases where mis-pricing still exist (mostly not covered by Analysts in their report cards). These are the counters worth taking a closer look!

In a Bull Market, just throw a dart blindfolded, most likely you'll get a winner...............and if you still can't get a winner, then it is time to call it quit and it could save you a lot of 'problems'.

BTW, if anyone happen to tell you that you sure to make money from the Stock Markets (be in trading and value investing or whatevers), then you've find yourself the biggest IDIOT ever! Cheers!

 

Hi Bro, just want to share what I do. 

For investor, the easiest way to choose your counter is follow your broker recomendation.  Some of their research articles are good enough.  But remember, this mode will take time, week until months to make your money.  Eventough there is  recomendation from broker, you also need  to see its price history and volume.  If the counter has moved a lot, it's better to pass.  Wait till another wave down.  From trading volume, also tell you how fast this counter will move.

For trader, this is tricky business.  First at all, you need to be familiar with counter you want to play.  Don't just pick and get in.  That's stupid.  It's better you give me your money than loss it in (he he he).  Keep monitoring news and rumours from news paper, internet whatever media you may have.  The most important thing, you need to have TA skill at certain level.  One more thing, don't be greedy, if you have FA, you can 6 pips otherwise 3 pips is enough.