Trading Techniques   

how would invest if you have only 1 k

Use that $1k to buy TA books and books on investing, and go to TA courses. Knowledge is lifetime while $1k can be easily made.

 

Should be DARE and SMART.

Dare and Brainless.. will end out bankrupt

 

Dear Readers,

Most of the times, "DARE" is the key issue in our investment world. That is the beauty of the investment!

 

put $1k into phillip CFD account...and buy 70 lots of informatics at $0.07...wait till it breakout from $0.08 to $0.18, $0.24 before sale...then if sell at $0.18, then buy 40 lots of china aviation at $1.10 and wait till it shoot to $3 before sale...but always be ready to lose your $1k (cut all loss if technque not work or win 110 k)...good luck and see end of year the result

 

novicealex, elfinchilde, excellent encouraging posts!!! I wish i had someone advising me like that when I start...

 

novicealex,good post indeed.

edcifer,take heart,who (i mean not many),start trading with S$1 million anyway?Most start small.

 

Very well said,  novicealex...

I fully agree with you... Excellent post!

 

Hi edcifer,

This is my first posting in this forum and notice your question.  I must say the best part of stock market is almost over.. now is definitely not a good time to enter if you are first timer.. you may take the time to do some research, attend courses and get yourself some good books.  Then do some paper trading along the way.  Then along the way, do some saving.  Then once you are ready in terms of paper trading, then you are ready to invest (by then hopefully market has gone thru the correction).  Even then you only have 1k, because you are mental ready, you are ready to take on your first investment... Rather than asking for advise on which one to bet.. just like you are asking for "tips" for which horses to bet in the coming race..

Above is just my personal view and yours may differ..
Just remember, "You can't win all money.. but you definitely can lose all your monies.."

Regards,
Novicealex

 

hey Edcifer, don't be discouraged by what you see yea...the important thing is that you want to grow your money and are willing to try. So take heart. courage is half the battle. :)

I believe you're going to start work or have already started work? If so, 1k as initial plus monthly salary/part time job can add up to quite a bit over time. If you're still in university, i encourage you to take on a part time job. The idea is to grow your capital too, and not just depend on the market to grow it for you; it'd take forever with just 1k otherwise. not to mention you'll twitch every time the market drops. haha.

But you must know that this requires a lot of discipline (can't spend wildly like other 20-somethings), patience, and foresight to pick the right stocks.

the idea of combining to buy with others is a good one, since it opens up the blue chips to you.  

Personally, i started investing with only 2k. By combining with others, and consistently saving and throwing every dang dollar i had into the market, i managed to up that measly sum to 5 figures in 2 years. So it isn't impossible.

But you have to be very, very disciplined in money management. Know where every single dollar you spend goes to. Helps if you have a budget and keep to it.

This does require some sacrifice on your part tho. I won't deny it, nor will i sugarcoat it for you. The truth is that, when you start out with nothing, making money at the start is not easy. But then, it is not impossible.  

 

warrants are no warranties for sure profits. usually, people who dabble in warrants would surmise the opposite outcome is more likely.

 

I agree fully with tyh1972...

Not losing is already a win in itself... :)

 

buy warrants

 

if with such a limted capital for stock investment, me may choose to apply the coming IPO SunVic Chemical (think is S$0.30 e.g. 1 lot = S$300)....

 

Join force with others who also have s$1k.So 30 of have S$30k.haha

Give the S$1k to ur mum who has invested so much in u.

 

Dear Edcifer,

You should give all 1K to your parents, for the return of their investment so far to you! To earn another multiple of 1K next, will be very very easy, just believe it!!!

 

Contra......good luck.....

keep in the bank --> no loss --> win...:)

 

can forget it for investment, unit trust even worse.

BUT, you can play contra, and made this $1000 be your maximum cut loss amount... rather than just throw money to 4D or Toto..

 

I think 1k invest in unit trusts the best.

 

if you are LONG term investor, you may invest in "penny" stocks or "fundamental" stocks...

Stock ---> drop --> paper lose

Toto or 4D ---> lose --> real lose

 

You will lose your $1k for sure...:-(

If you die die must invest and don't mind losing it away, buy Genting only when it drop by abt 10% and cut loss if it continue to dip further(very high risk). Afterwhich, sell immediately once you see profit! That's what I may try...:-) Still, I think you better keep the money in bank or like what tanglinboy says, play 4D or TOTO.