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When did u reach ur 1st $100K

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jackjames
    10-Sep-2009 08:23  
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it takes me exactly 2 years and 2 months time... nett gain close to $170K (if include the rentals) ...

i did it by changing my 5I flat to 4A flat, location never change, still at Toh Guan...  It is one way.

Of course, I miss the biggest bull run of the private condo (due to my late sales proceed coming to me .... well, that's unlucky)



ozone2002      ( Date: 05-Sep-2009 17:12) Posted:



it's more about sharing's one experiences in getting to their 1st $100K..

how he/she got there and how the person did it to reach there and how long did it take to achieve that amounth..

care to share?

 
 
jackjames
    10-Sep-2009 08:16  
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I reached mine yesterday on 090909... not from stocks, but property , :)

and now, I have two new joker cards, NOL & Cosco...  stay tune ~
 
 
kellychang
    09-Sep-2009 23:51  
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hope so...

well...my picks for this times are....

sgx, capitaland, ocbc and cosco....



cheongwee      ( Date: 09-Sep-2009 23:45) Posted:



no worry ..u miss this one,,,the next one will be close...either this fall or by mid 2010...

i am still pessimitic...we see...

 

 
iPunter
    09-Sep-2009 23:48  
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At every moment any time, the feeling is the same...

Uncertainty is always rules, no matter when... Smiley
 
 
cheongwee
    09-Sep-2009 23:45  
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no worry ..u miss this one,,,the next one will be close...either this fall or by mid 2010...

i am still pessimitic...we see...
 
 
kellychang
    09-Sep-2009 23:44  
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yes...that period...i was sleeping...hahaha

cheongwee      ( Date: 09-Sep-2009 23:43) Posted:

it came and gone..Mar ..were you there...are sleeping???

kellychang      ( Date: 09-Sep-2009 23:38) Posted:

problem is...

i dunno when next leg down will come...hahah..

i been waiting so long for it to come...but it never comes....




 

 
cheongwee
    09-Sep-2009 23:43  
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it came and gone..Mar ..were you there...are sleeping???

kellychang      ( Date: 09-Sep-2009 23:38) Posted:

problem is...

i dunno when next leg down will come...hahah..

i been waiting so long for it to come...but it never comes....




cheongwee      ( Date: 09-Sep-2009 23:36) Posted:

Capitaland....tg px $13...201X,,,,which one most likely to quaruple!!!u say???

dont need TA and FA for this...just remember next leg down...alway blues..



 
 
richtan
    09-Sep-2009 23:39  
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Good for you.

Nothing is easy in life, we r born with an empty brain n learn as we grow, likewise we need to learn how to trade.

I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA for free but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - of course u can also buy TA books. Read as many TA books and money management books, it will definitely stand u in good stead.

3. "Advices to newbies" particular the 3 golden mantras.

Take your time to read and learn, dun rush, remember "Rome was not built in one day"

Try to post your charts n hopefully some forumers good in TA will exchange pointers with u.

To know how to post, follow the steps on how to post charts in "General", "Trading Techniques", "Learning TA".



kellychang      ( Date: 09-Sep-2009 23:31) Posted:



well...

i am learning TA..i am learning candlestick..

use chartnexus to view the trend...

so far, i only look at MACD,RSI, momentum and stochastic...

as for the FA based, 

i look at Revenue, profit margin, loan, cash flow, EPS and P/E ratio...

any others to look ?

thanks...

but i am still in learning stage...well, it cost my lot of times to read up and understannd all these things...




 
 
kellychang
    09-Sep-2009 23:38  
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problem is...

i dunno when next leg down will come...hahah..

i been waiting so long for it to come...but it never comes....




cheongwee      ( Date: 09-Sep-2009 23:36) Posted:

Capitaland....tg px $13...201X,,,,which one most likely to quaruple!!!u say???

dont need TA and FA for this...just remember next leg down...alway blues..



kellychang      ( Date: 09-Sep-2009 23:17) Posted:

well...

capitaland and sgx and ocbc...which one better?

any advice?

thanks...




 
 
cheongwee
    09-Sep-2009 23:36  
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Capitaland....tg px $13...201X,,,,which one most likely to quaruple!!!u say???

dont need TA and FA for this...just remember next leg down...alway blues..



kellychang      ( Date: 09-Sep-2009 23:17) Posted:

well...

capitaland and sgx and ocbc...which one better?

any advice?

thanks...




Thinkfirst      ( Date: 09-Sep-2009 23:12) Posted:

Yes, Capitaland, a good blue shares...will save to buy when it is down... heehe


 

 
richtan
    09-Sep-2009 23:33  
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SmileySmileySmiley I was a real "stupid fool" last time, but now a "wise man" after having paid my dues for my laziness n foolishness..

richtan      ( Date: 09-Sep-2009 23:26) Posted:

U r most welcome.

Trust me as I had gone thru the baptism of fire in trading, I truly speak from my heart, I started out just like tat naysayer, thinking trading is easy, no need n also lazy to learn, listen to rumours, buy based on guts, got burnt "chowtar", horrendous losses tat serves as a wake-up call n realise my foolishness n swear to learn TA  (of course TA is not infallible, thus need to set stop-loss), I still have my fair share of losses n profits but abiding my 3 golden mantras, I cut losses short n let my profit runs with trailing stops, so net I m still in profits.

So dun listen to those naysayers tat says trading doesn't need hardwork n learning. as talk is free n they dun pay u for your losses, u r ultimately responsible for your losses.

Common sense will tell us, in any trade, u need to learn the ropes of the trade, so is there any different with trading, those naysayers have gambling instincts  without knowledge, a very dangerous game.



Thinkfirst      ( Date: 09-Sep-2009 23:10) Posted:

Hi Richtan, heehee, you are another whom I read a lots of your forum.... and especially those advise you given to newbies....



 
 
kellychang
    09-Sep-2009 23:31  
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well...

i am learning TA..i am learning candlestick..

use chartnexus to view the trend...

so far, i only look at MACD,RSI, momentum and stochastic...

as for the FA based, 

i look at Revenue, profit margin, loan, cash flow, EPS and P/E ratio...

any others to look ?

thanks...

but i am still in learning stage...well, it cost my lot of times to read up and understannd all these things...



 
 
richtan
    09-Sep-2009 23:26  
Contact    Quote!

U r most welcome.

Trust me as I had gone thru the baptism of fire in trading, I truly speak from my heart, I started out just like tat naysayer, thinking trading is easy, no need n also lazy to learn, listen to rumours, buy based on guts, got burnt "chowtar", horrendous losses tat serves as a wake-up call n realise my foolishness n swear to learn TA  (of course TA is not infallible, thus need to set stop-loss), I still have my fair share of losses n profits but abiding my 3 golden mantras, I cut losses short n let my profit runs with trailing stops, so net I m still in profits.

So dun listen to those naysayers tat says trading doesn't need hardwork n learning. as talk is free n they dun pay u for your losses, u r ultimately responsible for your losses.

Common sense will tell us, in any trade, u need to learn the ropes of the trade, so is there any different with trading, those naysayers have gambling instincts  without knowledge, a very dangerous game.



Thinkfirst      ( Date: 09-Sep-2009 23:10) Posted:

Hi Richtan, heehee, you are another whom I read a lots of your forum.... and especially those advise you given to newbies....



richtan      ( Date: 09-Sep-2009 22:07) Posted:

Hi Thinkfirst,

No one can really advice u which share is cheap n steady (unless tat person has divine powers, so dun trust them) as trading is a very personal decision depending on your strategy (short, mid or long-term), risk tolerance, my advice is set your stop-loss n if hit, dun hesitate to cut-loss and move on, and dun regret if it later goes up bcos wat if u dun cut n it keeps going down.

If u r newbie to trading, below is my advice (whether to listen or not is up to u).

To succeed in trading, my sincere n genuine advice to newbies:

"Learn to master TA n u are the master of your own trades." - Learn how to spot reversal signs in candlestick charts for entry n exit

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork, u need to learn the tools of the trade"

Depending on your inclinations and whether u seriously want to learn TA, I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA for free but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - of course u can also buy TA books. Read as many TA books and money management books, it will definitely stand u in good stead.

3. "Advices to newbies" particular the 3 golden mantras.

Take your time to read and learn, dun rush, remember "Rome was not built in one day"
 
U can download the free charting software from www.chartnexus.com (no need to get the paid version, all these can be self-learn,dun waste your money, instead self-learn the skills n use tat money to trade. I rather save the money to trade and multiply it).

I self-learnt, see how analysts do it and practice by covering up the candles and test my knowledge and hone my skills till I m quite confident b4 start trading bcos the mkt is merciless. 

Those TA courses, wat they teach, all are from books, nothing new.

For those paid software,even after the software scan, still need our analysis, cannot assume it is 100% correct, as nothing can replace the human brain and knowledge as analysis is an art of how individual interpret, no matter how much they input all the scientific knowledge into the software

If u are not sure, post your charts n hopefully some forumers good in TA will exchange pointers with u.

To know how to post, follow the steps on how to post charts in "General", "Trading Techniques", "Learning TA".



 
 
cheongwee
    09-Sep-2009 23:21  
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but i do not deny those who are brave to buy mid cap and blues this rd make tons....

right now the profit is much much ,more than the one yr turnover for my business..

if i follow the buy blues, i will not have ended up this good...390k alone on SAR..my best this rd..trade in and out...and acc later...to 260 lots,,

but you shd not follow, unless you are discipline, cut when u need to...dicipline....if not then keep to blues..is still my best advise...
 
 
kellychang
    09-Sep-2009 23:17  
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well...

capitaland and sgx and ocbc...which one better?

any advice?

thanks...




Thinkfirst      ( Date: 09-Sep-2009 23:12) Posted:

Yes, Capitaland, a good blue shares...will save to buy when it is down... heehee

cheongwee      ( Date: 09-Sep-2009 22:24) Posted:

Thinkfirst........i think i got a stock in mind that is a multi bagger,,,but you shd not be worry if say there will be another new low...because this one is very difficult to go bankrupt...in the worse situation..

but today it is a bit expensive at 3.89...wait awhile,,,i believe correction is on the way...you can buy at ard 3.0 or lower ..will be nice....i see this one at $13..or more..when the world economy is up and running again..in few year time..when crises is over..

CAPITALAND...anyone any suggestion..



 

 
kellychang
    09-Sep-2009 23:16  
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ok...np...

can be fren la...

hahaha....



stupidfool      ( Date: 09-Sep-2009 23:06) Posted:

Hi kellychang,

Can we be friends?Or are u in facebook?

Just joking lah.



kellychang      ( Date: 09-Sep-2009 23:00) Posted:

thanks you...

well, i just with to use my current capital 130k to buy blues...

then earn dividend + value appreciation in 5-8 years times when the real bull ....

hope that moment, my 130k can become 300k ...

then play one more round, 300k become 600k...

hope so....



 
 
Thinkfirst
    09-Sep-2009 23:12  
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Yes, Capitaland, a good blue shares...will save to buy when it is down... heehee

cheongwee      ( Date: 09-Sep-2009 22:24) Posted:

Thinkfirst........i think i got a stock in mind that is a multi bagger,,,but you shd not be worry if say there will be another new low...because this one is very difficult to go bankrupt...in the worse situation..

but today it is a bit expensive at 3.89...wait awhile,,,i believe correction is on the way...you can buy at ard 3.0 or lower ..will be nice....i see this one at $13..or more..when the world economy is up and running again..in few year time..when crises is over..

CAPITALAND...anyone any suggestion..



Thinkfirst      ( Date: 09-Sep-2009 20:59) Posted:



Wow, envy so many youngest at the age of 20+ already have saving of over 100K or even more... Me sad and shame to say that I'm at the age of 30+ but only have 10K+.

Just join in to buy shares recently and really really a damn "unlucky" one, buy what lost what... Hopefully can have some seniors & expertist to guide along.

Can anyone of them care to share which shares is cheap and steady? I'd Frasercomm but hanging there for very very long... bo bian, have to hang there for somemore months... Buy 20 lots Changtian at $0.18, hoping just to earn that $0.01 and let go but too bad, hang there also.... Sigh


 
 
Thinkfirst
    09-Sep-2009 23:10  
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Hi Richtan, heehee, you are another whom I read a lots of your forum.... and especially those advise you given to newbies....



richtan      ( Date: 09-Sep-2009 22:07) Posted:

Hi Thinkfirst,

No one can really advice u which share is cheap n steady (unless tat person has divine powers, so dun trust them) as trading is a very personal decision depending on your strategy (short, mid or long-term), risk tolerance, my advice is set your stop-loss n if hit, dun hesitate to cut-loss and move on, and dun regret if it later goes up bcos wat if u dun cut n it keeps going down.

If u r newbie to trading, below is my advice (whether to listen or not is up to u).

To succeed in trading, my sincere n genuine advice to newbies:

"Learn to master TA n u are the master of your own trades." - Learn how to spot reversal signs in candlestick charts for entry n exit

"Learn how to fish n u can fend for yourself forever, relying on others n forever u r dependent on others n at their mercy"

"There is no easy way n short-cut to success in life, including trading, all are own hardwork, u need to learn the tools of the trade"

Depending on your inclinations and whether u seriously want to learn TA, I had created 3 threads dedicated to newbies under "General", "Trading Techniques":

1. "Learning TA" - websites where u can learn TA for free but of course, TA is not infallible, thus need to set stop-loss)

2. "Some recommended good Trading and TA books" - of course u can also buy TA books. Read as many TA books and money management books, it will definitely stand u in good stead.

3. "Advices to newbies" particular the 3 golden mantras.

Take your time to read and learn, dun rush, remember "Rome was not built in one day"
 
U can download the free charting software from www.chartnexus.com (no need to get the paid version, all these can be self-learn,dun waste your money, instead self-learn the skills n use tat money to trade. I rather save the money to trade and multiply it).

I self-learnt, see how analysts do it and practice by covering up the candles and test my knowledge and hone my skills till I m quite confident b4 start trading bcos the mkt is merciless. 

Those TA courses, wat they teach, all are from books, nothing new.

For those paid software,even after the software scan, still need our analysis, cannot assume it is 100% correct, as nothing can replace the human brain and knowledge as analysis is an art of how individual interpret, no matter how much they input all the scientific knowledge into the software

If u are not sure, post your charts n hopefully some forumers good in TA will exchange pointers with u.

To know how to post, follow the steps on how to post charts in "General", "Trading Techniques", "Learning TA".



Thinkfirst      ( Date: 09-Sep-2009 20:59) Posted:



Wow, envy so many youngest at the age of 20+ already have saving of over 100K or even more... Me sad and shame to say that I'm at the age of 30+ but only have 10K+.

Just join in to buy shares recently and really really a damn "unlucky" one, buy what lost what... Hopefully can have some seniors & expertist to guide along.

Can anyone of them care to share which shares is cheap and steady? I'd Frasercomm but hanging there for very very long... bo bian, have to hang there for somemore months... Buy 20 lots Changtian at $0.18, hoping just to earn that $0.01 and let go but too bad, hang there also.... Sigh


 
 
stupidfool
    09-Sep-2009 23:06  
Contact    Quote!

Hi kellychang,

Can we be friends?Or are u in facebook?

Just joking lah.



kellychang      ( Date: 09-Sep-2009 23:00) Posted:

thanks you...

well, i just with to use my current capital 130k to buy blues...

then earn dividend + value appreciation in 5-8 years times when the real bull ....

hope that moment, my 130k can become 300k ...

then play one more round, 300k become 600k...

hope so....



cheongwee      ( Date: 09-Sep-2009 22:54) Posted:

yes,,,...you loss on the basic of not cutting early...you must do it mechanically..no emotion.

cut loss is not a loss....if u dont cut early the loss will become real and can knock u out..for yrs...



 
 
kellychang
    09-Sep-2009 23:00  
Contact    Quote!

thanks you...

well, i just with to use my current capital 130k to buy blues...

then earn dividend + value appreciation in 5-8 years times when the real bull ....

hope that moment, my 130k can become 300k ...

then play one more round, 300k become 600k...

hope so....



cheongwee      ( Date: 09-Sep-2009 22:54) Posted:

yes,,,...you loss on the basic of not cutting early...you must do it mechanically..no emotion.

cut loss is not a loss....if u dont cut early the loss will become real and can knock u out..for yrs...



kellychang      ( Date: 09-Sep-2009 22:50) Posted:



well....i used to play penny 3 yrs ago...Now still in paper loss.....


never know how to cut loss during that moment...

when market drop, dun even dare to buy again...

totally lost confidence..

now i decide to change my strategies in trading...

will decide my 90% capital go into blues then 10% to the mip cap stock...

i am now waiting chances to collect blues in lower price....


 
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