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very depressed after losing $13K in stocks.

NONE of the 3. The ones that make the most money are those that don't have to think about money. To a certain extend, I think rouge_trader is rite! Cheers!

 

My pick is group 3 who won the most $$.

 

Hi cashiertan,when will you post the answer.Tks

 

I take group 2 to do well.

 

Very beneficial... 

It really helps a lot...  and increases everyone's knowldege of  the market as we go along... and best of all, at no cost at all.  Very precious guidance.

Thank you very much.  :)

 

come more ppl to guess. i wanna work some brain juices. the answer if you fully understand will explain the essence of trading.

And no, we dun time the bloodly market. nobody can time the market except the insider maybe. but u never know even the insider sell the market can still go up. 1 very good case is banyan tree. the ceo kana caught left right centre and become a laughing stocks for dumping his all shares are low..

the earlier u except that the is no magic bullet the better u can focus on doing whats rite on trading..

thus my advice is Stop dreaming of the non-existent Magicbullet and the earlier u will be own ur way to trading with profits.

 

Ultimately, I think the people who will succeed in 'taming" the stock market are those who have come to realise "the true nature of the beast", not before. (By the way the beast can't be tamed, really).

 

I think the answer to Cashiertan's puzzle is Group #1 ....... Cos these pple are crazy enough to chiong, but still managed to stay sensibly in controlled. :P

Long time I didn't post "Long Term Investing" topic liao .... here's one for refreshment:

http://www.marketwatch.com/news/story/life-savings-time-market-not/story.aspx?guid=%7BC7CBFB9F%2D357B%2D4880%2D80ED%2D3292CBCB6966%7D

 

lews88,

Your "20/80" Pareto assertion is also very true. Many can know the principles of Technical Analysis intimately, yet when it comes to actually executing what the charts and indicators urge, it is a whole new ball game - a complex game which penetrates into our deeper psyche and ego.

 

Bravo Nostradamus, Sir !!!

You really hit the nail on the head and a bulls-eye at that   !!!

Reality is revealed in the charts!!!   :)

 

Actually, there were already big falls in Citiraya, ACCS and CAO before the news broke. So TA was already flashing danger signs. FA wise, there was no change except for some rumours. So FA didn't tell us anything, but TA was already predicting something bad was going to happen. It all boils down to be disciplined in cutting loss early. Even market darlings which supposedly have good fundamentals can get into trouble.

 

Actually I am inclined to think that any stock, whether chosen by a dog or a human (of course a human will sensibly choose a fundamentally sound stock), in the hands of an experienced trader, money will be made, or at least he wouldn't be devastated in an adverse situation. 

 

Hey, this is hard to believe. I always thought I know how to trade. Hmm....
thank you, cashiertan. This is very valuable information for us.  he he... :)

 

We can perhaps apply Pareto's Law (otherwise known as the 80-20 rule) to people using TA to trade - that is, 20% of all the TA people make 80% of the money. That's why I said previously that people may attend TA classes or read all the books on TA, but not many will win trading in the stock market.



Some time ago, I read an article on an experiment carried out in the US. Three analysts and a dog chose stocks to buy and guess who came out the winner. Well, it was the dog! Strange experiment indeed.

 

Wah .... then 'normal pple' like us in group #2 are idiots liao!!! Heehee!! :P

 

As a punter, I will take a punt that it is the low IQ one's that can trade well. Hope my punt is correct. he he...

 

Actually, the key to invest properly is Control.

control of ur emotions and trading

Trading is profitable most of the time if control is practiced.

The is an interesting research by a University on investing in stock market which i read from a book.

3 groups of ppl are chosen. 1) group of pyscho but still controllable 2) group of normal ppl like u and me 3) group of low IQ but not retarded or handicapped.

taught the 3 group of them the basic in stock trading. what to do and what not to do. when to sell and when to buy. next they are given cash to trade for 1 yr.. guess what is ther result? who earn the most and whu lost the most..

 

Different people have different targets in the stock market.

Super Greedy:         At least $1m
Very Very Greedy:   $500k
Very Greedy        :   $100k
Greedy                :    $50k
Not Very Greedy :   $20k
Not Greedy :            $0

This is only a nonsensicle illustration. Maybe this means there's no meaning at all in the word "greed".

It is only relative and it is just human to want more of something good.

 

You're in the Stock Markets 'cos you want to make more money and that makes you greedy and 'Greedy' is not a dirty word. Of course,be greedy and make more money,but don't be TOO GREEDY and learn to leave some for others to make!

Now I said "Whether it is a black cat or a white cat, as long as it is still alive, it is a still cat!". Meow!!!!!!!

 

Deng Xiao Ping said: Dun care black cat or white cat. as long can catch rat is good cat..

Whatever u use, stick to it, as long it works. dun get influence by others.

A greedy man in stock market most likely lose money.

A greedy man with no discipline or plan sure 100% lose money.