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very depressed after losing $13K in stocks.

ipunter,i agreed that it is good to let new punter know of the "danger'of investment in shares.However i am not one that goes to casino.I like margin lending to increase leverage.It is kind of risk vs reward.

I am sure 2006 to date,there must be more than 10% ppl making money.Survey among SJ will tell the story.

Lastly,ten4one,U kind of against FD,risk adverse against shares,so what is ur best way to invest?

 

If you want to be in the public forums you're opened to all sort of adversed views just like a politician. It is up to you to defend your opinions if they're valid and reasnable - it doesn't have to be agreeable, though. Or you could just ignore them. It is really no point 'complaining' at all - either you 'fight' them or walk away! It is just like blaming the Stock Market because you lose money!  You can't have it all your ways in PUBLIC !!!!! Cheers!

 

Hi lewsh88, dont be discouraged by a few members who have different opinion. I have read your postings and I think they make sense.  You have another vote from me.  Cheers !

 

SingTel may also have had it's "climactic peak" yesterday.

 

Can sing and tell if you buy singtel :)

 

And they can also "talk cock" if they like... hehe... :)

 

Hi lewsh88,

Don't worry about people not agreeing with you. I get that from time to time also. Its ok to disagree and have others disagree with your views. This makes for good and healthy discussion. For example, while I'm pure TA person, I really respect FA people like shplayer for the analytical skills they possess. So when they disagree with my TA views, that's great! Its makes great learning sessions for everyone.

SJ is an open forum - which means that both newbie and experienced people can say what they want.

 

geogem...

I suppose you also bet big at the Casino.

If you are used to betting big, then you should not bet small, since you will find no fun (ie. tak shiok) if you bet small.

When I post, I also hope to warn and thus benefit those new punters who always naively think that they can get rich in a short time in the stock market.

If even the pros find the battle with the beast so tricky to face , how then can ordinary punters win so easily? Their chances are however, better if they put more emphasis on the money management aspect. And this itself precludes "betting big".
 

 

singaporegal,

Your 10% winner and 90% loser  ratio is probably more accurate.

I was more generous in giving 20% against 80% as I applied

Pareto's Law (20-80 rule).

Unfortunately some people in this SJ forum do not like my views and told me off. But I believe this is a free forum and as long as our views and postings is not illegal, nobody should get offended.



Cheers.

 

S'gal you're right t a certain extend -majority will lose money in the Stock Markets. I'm not so sure about the ratio.

geojam, FD is a joke - they take your money to make more mone money!

Yes the Stock Market could 'kill' you or make you fly 'on cloud 9' and it is not for the faint-hearted and egoistic! Of course, your knowledge of the Stock Markets is important. It doesn't  mean that you could beat the Markets with all your knowledge - I've yet to see anyone that could beat the Markets all the times! I'm still trying....very hard indeed........silly me... !

Well that is the fact of life - KNOWING WHAT YOU DON'T KNOW IS BETTER THAN KNOWING WHAT YOU KNOW! 

ps. sorry if the extra big words offended anyone. I'm ending with a real small note! c h e e r zzzzz!

 

Yes, you are perfectly right on that. No question about that.

And that is in fact the whole truth of the matter.

Bet Big, Win Big...  it's so true I can't agree with you more on this.

In fact only yesterday or day before, I think many became millionaires instantly...  :)

 

10% of people make money in the stock markets. 90% lose money.


I think the main difference between the 10% and the 90% majority is not IQ level but the ability to control their greed and cut-loss when the time comes.

 

ipunter,that is a cautious approached .

The other answer i can give is,bet big,win big.

if u bet small,u only win small.

Anyway agree with lawrenchoo on his approach.

good post lawerenchoo

 

For your benefit, the best answer I can give is this:-

bet small, lose small if you lose
if you bet big, you will lose big if you lose

It's all a matter of betting, you see. Always remember this.

 

I think it is all how you look at it. One shouldn't be discouraged with the stock investment. The key word, in my opinion, is investing, and work towards your risk tolerance level. Get a second opinion and verify independently on rumours. Grow your money and it takes time. If you are speculating or purely depending on rumour to make decisions, then of course the risk is there, so unless you are really lucky or really rich with the capital to hold on, surely the risk of losing money is much higher. If this is the case, personally, I think playing 4D or Toto is better; it uses lesser capital to give super high percentages of returns, against unlikely odds of course.  

 

looks like u must have suffered badly at least once in the share mkt.

So do u see yourself as one who make it or one that has not make it?

Lastly,u seem to be very pessimistic.keep crying the sky is falling kind of thing

 

Judging from the experience of countless individuals who lost money in the stock market, it is easier to find someone who has lost than to find someone who has made significant amounts of money playing shares. But make no mistake about it... I believe many have made it too, though many more have been impoverished... in summary, it's all very sad...

 

I do not think i will be involved in the share market after reading ten4one and ipunter comments.

better put ur money in FD.

Looks like no sporean will be millionaires playing the share market.

 

There you have it guys.... it's all so valuable stuff you're seeing! ... :)

 

Very true! Just like fishermen who always have full respect of the sea. It may look calm on the surface but, you'll never know what's underneath.

A good Trader always respect Market and his fellow-traders and watch their every moves. Every ups and downs tell a story and at the end you would either land on the ups or downs dependng on your ability to read the story correctly. Sound simple isn't it???? Think again please!

You really need a lot of guts to be committed and play the 'game' out. Once a while ,we do chicken out and it is very common in all of us.

Sometimes it is better to be a living coward than a dead hero! Hahaha.......cheers!!!!!