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Don't play stock!

Not really an offense, but just a clarification...

But you don't  have to  feel too bad about it...

I hope you will understand that those who trade forex (US market)

      are the most active when you are snoring away and maybe having many wet dreams...

No offence  too...

 

Apologize if i offended you. No bad mean on it... just surprise to see you awake on that time....

and also at this time...



i sleep less than 8 hrs per days... since i  got my ps3.... hahah...

 

Don't be discourteous and presumptious...

I don't think you even have the chance to sleep 10 hours during the day... 

Now sit down..

alooloo      ( Date: 07-Jun-2010 10:03) Posted: "not sleeping", is it a form of disorder caused by stock market? iPunter      ( Date: 07-Jun-2010 03:18) Posted: When it comes to stock market psychology, no book can ever beat Mackay's "Extraordinary Popular Delusions and the Madness of Crowds". That's where I learned to worship tulips like gods...  hehehe...

 

Don't be discourteous and presumptious...

I don't think You  even have the chance to sleep 10 hours during the day... 

 

"not sleeping", is it a form of disorder caused by stock market?

iPunter      ( Date: 07-Jun-2010 03:18) Posted: When it comes to stock market psychology, no book can ever beat Mackay's "Extraordinary Popular Delusions and the Madness of Crowds". That's where I learned to worship tulips like gods...  hehehe...

 

When it comes to stock market psychology, no book can ever beat Mackay's

"Extraordinary Popular Delusions and the Madness of Crowds".

That's where I learned to worship tulips like gods... 

hehehe...

 

Talking about psychology, this book I have just finished reading is pretty interesting ...

'The Science of Psychology' by Laura A.King

It is used for the NUS psychology module as well. Take a read if you are interested in human behaviour and mentality.

susan66      ( Date: 06-Jun-2010 12:28) Posted: Nothing is FREE in this world. To be the 5% people winning money, must go through years of hard work, not always so smooth-sailing. Cannot slacken a minute, just lazy for a while and you may lose all years of hard work in 1 trade! In terms of priority, must take note of these 4 steps to succeed : (1) Psychology (2) Money Management (3) TA Skills (4) Luck. To get started, we must basically equip ourselves with 3 things : Capital + Tools + Skills. Before you even started trading, must calculate risk & reward first, prepare how much you are willing to lose so that you will be able to "sleep in peace" if any unforseen circumstances happen to your trade. Set cut loss all the time especially for volatile times or trade only when there is a trend. You may have learnt all the theories in the world, but you will always forget and emotions overtake you. Some of us really need a mentor or teacher to guide us through and remind us all the time. I think just depend on reading forums is not enough, must learn ourselves and set up a strategy for ourselves. Some pros & expert's stategy might not be suitable for everyone.

 

Survival instinct is to go with the tide.

However tempting it may be, stashing cash inside your pillow will not do with all these money printings going on diluting its values, flushing the investing world with liquidity.

Your $1 today is 90 cents in doubling quick time.

This whole money handling, your wealth management is a balancing act ... not do nothing.

Someone mentioned in another thread that the next crisis is in the making ... well then, make hay while the sun shine.

 

 

ktnpl2005      ( Date: 04-Jun-2010 22:58) Posted: Fundamentally the real global economy is living on borrowed times after decades of excesses with many govenrments and individualsspending beyond their means.  The market's forward pricing is based on more rolling good times funded by ever increasing debts. Take away the irrationality and markets will collapse like dominoes. But markets tend to be irrational, so the game of musical chair continues, for now...

 

Susan66's post is excellence in itself!...

That's why it is so extremely easy for traders and investors to be "pok!" in the stock market...


hehehe...

 

Nothing is FREE in this world. To be the 5% people winning money, must go through years of hard work, not always so smooth-sailing. Cannot slacken a minute, just lazy for a while and you may lose all years of hard work in 1 trade!

In terms of priority, must take note of these 4 steps to succeed : (1) Psychology (2) Money Management (3) TA Skills (4) Luck. To get started, we must basically equip ourselves with 3 things : Capital + Tools + Skills.

Before you even started trading, must calculate risk & reward first, prepare how much you are willing to lose so that you will be able to "sleep in peace" if any unforseen circumstances happen to your trade. Set cut loss all the time especially for volatile times or trade only when there is a trend. You may have learnt all the theories in the world, but you will always forget and emotions overtake you. Some of us really need a mentor or teacher to guide us through and remind us all the time. I think just depend on reading forums is not enough, must learn ourselves and set up a strategy for ourselves. Some pros & expert's stategy might not be suitable for everyone.

 

This may be slightly 'off-key', but nevertheless a reality in life...

that's why millions of people are money-worshippers , and thus believe in those highly skilled Mega-preachers...

Because the mere though of  the promised "100-fold returns" believers stand to get

is simply too irresistable to all!

hehehe...

 

Thanks, iPunter. Unfortunately, few retail investors believe in it.

 

This post is so good it deserves highlighting... 

ktnpl2005      ( Date: 04-Jun-2010 22:58) Posted: Fundamentally the real global economy is living on borrowed times after decades of excesses with many govenrments and individualsspending beyond their means.  The market's forward pricing is based on more rolling good times funded by ever increasing debts. Take away the irrationality and markets will collapse like dominoes. But markets tend to be irrational, so the game of musical chair continues, for now...

 

For those who invest without leverage, I believe the winning percentage should be more than 50% . Just my guess.  Can any remisier confirm?

 

Just to share... I can say around 95% of the traders are losing money in the markets, and only 5% is winning. How to be the 5%? Be different...you yourself is the key to the secret...  

 

Yes, trading is hard and easy,........  hard to earn and easy to lose.

iPunter      ( Date: 04-Jun-2010 11:06) Posted:   Trading/investing  is psychologically a highly complex game... (* There is no fundamental difference between trading and investing, in that both are betting to gain money, either in the long run, or in the short term.)

 

For Short-Term Trading, FA is not important, but TA is important.

For Mid-Term Trading, FA is important and TA is important.

For Long-Term Investing, FA is important, but TA is not important.

Which type are you?

beruangface      ( Date: 04-Jun-2010 23:15) Posted: my good fren told me FA not important, if TA tells u the trend is up, u just hoot, sure win one.. iPunter      ( Date: 04-Jun-2010 22:33) Posted: You are right...  After all, fundamentals rule the day...

 

with voume so low recently, i better dun... agreed with u when triple the volume at least....

beruangface      ( Date: 04-Jun-2010 23:15) Posted: my good fren told me FA not important, if TA tells u the trend is up, u just hoot, sure win one.. iPunter      ( Date: 04-Jun-2010 22:33) Posted: You are right...  After all, fundamentals rule the day...

 

my good fren told me FA not important, if TA tells u the trend is up, u just hoot, sure win one..

iPunter      ( Date: 04-Jun-2010 22:33) Posted: You are right...  After all, fundamentals rule the day...

 

Fundamentally the real global economy is living on borrowed times after decades of excesses with many govenrments and individualsspending beyond their means.  The market's forward pricing is based on more rolling good times funded by ever increasing debts. Take away the irrationality and markets will collapse like dominoes. But markets tend to be irrational, so the game of musical chair continues, for now...