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Bro Librajet, u still at the jackpot machine???

librajet      ( Date: 17-Jul-2013 21:54) Posted: one more impt element in trading stocks, LISTEN, if u cant forget yr lost, keep thinking how much u have lost, thinking how fast u want it back by more counters and lots, STOP TRADING!!!!!! ur not in the right mind. Trading stock is long term, slow and steady profit. The stock mkt is always there, thats good, means TAKE YR TIME to draw level and win one day. Stockcham      ( Date: 17-Jul-2013 20:57) Posted: Bro verynew, I think losing money is part and parcel of learning process. You will have to think again where went wrong. From my own experience, there are a few mistakes where some were raised by Bro Librajet. 1) You may set a high TP but you also have to set your cut off price if your TP doesn't reach. Cannot die die wait for TP to reach. You see my TP for Innopac is 152. I prepare to sell at 149. But when it doesn't reach and drop back fast, I throw at 143. I don't care because I still have profit.  Learn how to take profit.  2) When you buy a counter, I believe you must have expect it to rise. If it doesn't go your way but go the other way, it is good to cut it. What price to cut?.  You will have to decide once you bought it. Don't hope. In stock market, HOPE usually makes people lose money. If you moves up, forget it. In a long run, you will benefit. Many peoples ask this question  " Why everytime I sold it then it chiong up" . Why?. Because they hold for too long during the selling period. When their due date reach or drop too much, the selling is almost done and is ready for a rebound.    3) When a counter runs, chiong in  because worry the price will be gone.(I still do that...Lol). My experience tells me it is easier to lose money. I also lose sometimes but won't kenna jialat jialat because I chiong in faster than many peoples. Why?. When I see a counter starts to move, I chiong in liao regardless of whether the sell queue is 5000 lots or not.  When a counter moves, many peoples worry to  see big sell queue. So don't chiong first. Wait! Then the price gone。 Move up 1 pip and see the same thing. Still see first.  See for a few times moves a few pips, buay tahan liao so chiong in. That was a few pips higher liao. So when he  finally bought it, he also want to make a few pips. So a few pips plus another a few pips total equal many pips.   So can't reach the TP, wait! When it drop, HOPE takes over. 4) One must have some target counters and price which  he intends to buy. That's why we need a watchlist of counters. We see them everyday. We should have some thoughts like e.g. " When it break this price, I will buy" , When it drop to this price, I will buy" , " When this related counter moves, this will move so I buy" . So when you have a counter which you think that it will move tomorrow, follow your heart and buy early morning. Don't wait until it starts to move then buy.We cannot sit at the computer every morning and see which one chiong. If chiong I chiong in. Or wait for tips or kang tao from your broker. Don't ever believe kang tao from broker. You will die faster. 5) Know your counter well. You have to know their daily buy sell queue, their normal daily traded volumn, their trading pattern and so on. 6) This I have said before. Watch a counter chiong.  When it chiong, see how the lots were eaten up. Did the lots at sell queue eaten up at one go or slowly eaten up and still left some for you to buy?. Or did BBs buy straight at sell queue price when the buy queue is 500 lots and sell queue 5000 lots?. Or is there any buy lots coming in again at the buy price when someone throw it down and almost finish it?. Or is there anyone throw out big lots at one go and the price drop a few pip at one go? and so on.  Try to analyse it. 7) One need to have knowledge of resistance and support price. This is very important. Without this knowledge, even if you have a watchlist of counters also no use because you don't know what to see. If one can lose 4-5k, why not spend some of this losses to go for Technical Analysis course. This is very useful except during the market correction time where this TA becomes almost useless. You see, I makes money and also lose money. But do you noticed something?. I usually make money from those counters which I have done my homework and share with you all with explanation or when I find something fishy going on. Although some calls buay zhun, but overall still okay right. But for those counters I chiong one which I didn't monitor just because it chiong, I lose money very often. Some may say then why I anyhow chiong. This is my style. Playing contra in stock market is just like gambling. In gambling, we want shiok. So I can't change unless I keep losing money. At times I may lose big money, it is usually because I bought too many counters and they lose money. I seldom lose big in one counter because I always cut and usually cut fast(Of course sometimes a bit slow...Lol).  My record is 1 min if I remember correctly. Buy and sell within a min.  How to do that?. When this counter starts to move, I chiong in straight at sell queue price, then the big buy queue suddenly withdraw. I sell immediately. I am not an expert and I also loss a lot of money before. But when  I lost money, I will think why I lost. Not keep thinking how much I loss. My trading style is still not so good. But because I can still make money overall, I didn't bother to think much. If I starts to keep losing money, I will control  my anyhow chiong. The conclusion is this. In stocks trading, it is not about what counter is good to buy. It is about how you buy and how you sell. Hope the  above helps.   Good luck and Huat ah

 

Bro Stockcham, u in Vard?

 

Chiong arhhhh.

Huat to all vested.

Octavia      ( Date: 18-Jul-2013 09:13) Posted: Interra Resources opens strong. Up+1.5 with gd volume.

 

Interra Resources opens strong.

Up+1.5 with gd volume.

 

ADV SYSTEM chiong liao ?

johnng      ( Date: 18-Jul-2013 09:09) Posted: ADV SYSTEM $0.016 very strong

 

Today almost everyone huat,,,penny rotation play catch up,,us Russell 2000 all time hight,,hong kong also even china also bet on small cap,,,,so now is Singapore ,,,,,get the ride with hot money come back again

 

ADV SYSTEM $0.016 very strong

 

Huat ah although I'm one of them not earning but lost also , but will not give up and keep trying to win so long market is waiting for us so ever bros huat ah , at lease I'm not the only one who keep losing money
Cheers man huat ah

 

Good morning bro Stockcham, I believed most of the people if not everybody, are happy and would appreciate ur great help n advice in SJ. Your stock calls are great n chart reading as well. We also know that you have only good intensions and helping sorry asses like me to minimize losses n at least make kopi $$$. You can't stop ppl from following u, like what the gov did in putting a Scary warning label at each cigarette pack?? Ppl still smoke right??? Hahaha... Take care bro Stockcham. Happy Trading! Huat Ah!!!

Stockcham      ( Date: 18-Jul-2013 00:08) Posted: Bro medivh,  my intention is not to gain popularity. I've loss a lot of money in my younger days and I don't want those newbies to follow my footstep. They will still lost money but at least not so jialat. I don't know I will become popular when I come here. I just share what knowledge and observation I have or know.  Frankly, at times I really hope they will follow me when I see a good counter. But I won't ask them to buy.  I don't think putting a disclaimer will help because people will still follow.  do you have a better idea?. Huat ah!  medivh      ( Date: 17-Jul-2013 23:36) Posted: Bro cham, since u call me bro,  I tell u honestly...   I'm not as zealous as you..and I'm not here for popularity contest               I have nothing against what you posted.               only want to suggest that its good to put disclaimer, less some newbs start to follow your good advice blindly. Have a gd day..(" ,) (,"

 

All bros good morning,
Just my point of view we are all here to share and make $$$ if hv any misunderstanding just reson out ,
All the bros here in good will and kind hearted that's y they willing to share and teach is not easy to be frank

 

Bro Stockcham, thank you for reaching out to newbies and sharing your wealth of experience, knowledge and observations. 

Let's all continue to huat! i have lost 50k till date but i believe i will learn from my losses and make back as long as the market is there! 

 

Bro Stockcham, its alright to have some popularity, especially people like you who has good intention to help poor loosers like me. You deserved it.

While you can't stop people to follow you, also don't feel bad when your decision is wrong. Nobody can be right all the time.

Opinion is others, but decision is on ourselves.

Stockcham      ( Date: 18-Jul-2013 00:08) Posted: Bro medivh,  my intention is not to gain popularity. I've loss a lot of money in my younger days and I don't want those newbies to follow my footstep. They will still lost money but at least not so jialat. I don't know I will become popular when I come here. I just share what knowledge and observation I have or know.  Frankly, at times I really hope they will follow me when I see a good counter. But I won't ask them to buy.  I don't think putting a disclaimer will help because people will still follow.  do you have a better idea?. Huat ah!  medivh      ( Date: 17-Jul-2013 23:36) Posted: Bro cham, since u call me bro,  I tell u honestly...   I'm not as zealous as you..and I'm not here for popularity contest               I have nothing against what you posted.               only want to suggest that its good to put disclaimer, less some newbs start to follow your good advice blindly. Have a gd day..(" ,) (,"

 

The problem is you  go  different direction of the BB !!? Find out Why ?

novice_trader      ( Date: 17-Jul-2013 23:34) Posted: I find losing $$$ is easier than making $$$. June and July lost $20k already, haven't made so much before in my many years of trading. Crazy... Real crazy. Driving me mad... Price up 2 pips can down 4pips. Anyone can advice is trading problem or problem with myself??? medivh      ( Date: 17-Jul-2013 23:30) Posted: I  think  you guys need to see the pt of view from the advisor's perspective     Their advice though with good intentions are meant to use for their own trading strategy.         One man's meat is another's poison..               You may end up losing lots more if you use it in the wrong way...  *the surest 1st step of making money is firstly to learn how to  to lose less.., its an art as some sifu once put it*

 

Mayb u try to buy lesser lots?n build up slowly...sry,I'm not a big player...I play as I learn fr ppl...sometimes I will let it go when I feel very risky n only win a Starbucks coffee..

novice_trader      ( Date: 18-Jul-2013 00:24) Posted: Bro Master Medivh, to be honest I can't stop! I keep counting my losses and losses... Now I knw why ppl can gamble until $100k or millions and in debt... Haiya, I'm feeling low and disappointed. Sorry I'm not trying to be sympathetic here... I need to know what's wrong? Can I change gear and shift to making $$$? How many times to cut lost? Or all wrong timing??? Even I go toilet, check market, drive car, check market, shopping with family, check market, working and talking with customer, check market... Only stop at 5pm Monday to Friday... Maybe will try take a short holiday and to a place with no Internet... Better choice... medivh      ( Date: 17-Jul-2013 23:40) Posted: if you have lost so much, don't you think you should stop?   Take a break, have a breather, smell some flowers..     may take days, weeks , months,         But come back only when you are confident enough to  play the market. (similar advice given by cham and bra

 

Bro Master Medivh, to be honest I can't stop! I keep counting my losses and losses... Now I knw why ppl can gamble until $100k or millions and in debt... Haiya, I'm feeling low and disappointed. Sorry I'm not trying to be sympathetic here... I need to know what's wrong? Can I change gear and shift to making $$$? How many times to cut lost? Or all wrong timing???

Even I go toilet, check market, drive car, check market, shopping with family, check market, working and talking with customer, check market... Only stop at 5pm Monday to Friday...

Maybe will try take a short holiday and to a place with no Internet... Better choice...

medivh      ( Date: 17-Jul-2013 23:40) Posted: if you have lost so much, don't you think you should stop?   Take a break, have a breather, smell some flowers..     may take days, weeks , months,         But come back only when you are confident enough to  play the market. (similar advice given by cham and bra) novice_trader      ( Date: 17-Jul-2013 23:34) Posted: I find losing $$$ is easier than making $$$. June and July lost $20k already, haven't made so much before in my many years of trading. Crazy... Real crazy. Driving me mad... Price up 2 pips can down 4pips. Anyone can advice is trading problem or problem with myself??

 

Ok Bro! I'll enemy is BBs. Let's think of way to dig some money out of their huge profit! Huat ah!

louis_leecs      ( Date: 17-Jul-2013 23:50) Posted: bro stockcharm I think you misunderstand my meaning,I quite enjoy your posting,I'm here to make Money also enjoy your writing about how your trading and your trading skill,I'm not jealous you win money so I'm hope you are the friend not enemy of me or other bro,,,,,,so hope you understand keep it up

 

Hahaha bro Dividned_ Warrior! Great Pic bro!!!
How u can post pics? I don't know how to do that...

Dividend_Warrior      ( Date: 17-Jul-2013 23:42) Posted: I never share advice because the Joker says......

 

Bro medivh,  my intention is not to gain popularity. I've loss a lot of money in my younger days and I don't want those newbies to follow my footstep. They will still lost money but at least not so jialat. I don't know I will become popular when I come here. I just share what knowledge and observation I have or know.  Frankly, at times I really hope they will follow me when I see a good counter. But I won't ask them to buy.  I don't think putting a disclaimer will help because people will still follow.  do you have a better idea?. Huat ah! 

medivh      ( Date: 17-Jul-2013 23:36) Posted: Bro cham, since u call me bro,  I tell u honestly...   I'm not as zealous as you..and I'm not here for popularity contest               I have nothing against what you posted.               only want to suggest that its good to put disclaimer, less some newbs start to follow your good advice blindly. Have a gd day..(" ,) (," ) Stockcham      ( Date: 17-Jul-2013 23:25) Posted: Bro louis_leece, It seems that you have some unhappiness with me just like this Bro medivh who is still have problem with me as you can see he is so happy to see you write this. I have no problem to do what you said if I have the time. It takes me a lot of time for me to write all these to the extend that I spend less time with my family.  Can I know what makes you so negative about me?. Frankly, I don't know. In the first place, I didn't say that I always win big lose small. If you go through all those  I wrote, I lost big also.  You see, I  have a choice to rebutt you back  when you write  this but I think no point because we are here to share and make money, and not to make enemy.  I expected  your type of respond sooner or later and I'm prepare for it. Anyway, happy trading bro! we just want  to make money!

 

bro stockcharm
I think you misunderstand my meaning,I quite enjoy your posting,I'm here to make Money also enjoy your writing about how your trading and your trading skill,I'm not jealous you win money so I'm hope you are the friend not enemy of me or other bro,,,,,,so hope you understand keep it up

 

I never share advice because the Joker says......