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Lost my pants this month

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iPunter
    24-May-2010 00:44  
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E-war...  :)


We can also clearly see your  wisdom here...

hehehe... Smiley



 
 
 
E-war
    23-May-2010 23:28  
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Power lesson here.

iPunter      ( Date: 23-May-2010 17:47) Posted:



Many traders know how to cut loss...

They always cut loss... and are experts at cutting loss...


They cut loss so many times until they also go "pok!" in the end...

They must also learn how to "cut gain"...

Usually they don't know how to cut gain...

Because they want to sapu all the fatty bom-bom profits for themselves only...

They usually let their profits run... and then it runs away... 


Such players must learn how to  "leave some for the next man"... Smiley

 
 
E-war
    23-May-2010 23:26  
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Hahahaha, how u know Jay chou no wear undies? lol

kellychang      ( Date: 23-May-2010 19:47) Posted:

but i know many guys dun wear underwear de.

how?

like Jay Zhou..




nickyng      ( Date: 23-May-2010 19:37) Posted:

Lost ur pants ? but at least u keep ur undies yah?!?! ...come back and fight again another day! :D


 

 
E-war
    23-May-2010 23:23  
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Sell into strength? wat strength? Dun think anyone can advise u on this one. Gotta judge yourself...

scotty      ( Date: 23-May-2010 09:16) Posted:



Sigh... need some advice.

Do I cut loss now or sell into strength? I am afraid that things might become even worse and then I lose even more money!

 
 
iPunter
    23-May-2010 20:03  
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Hygienic = Good health... Smiley
 
 
kellychang
    23-May-2010 19:52  
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then maybe old uncle more hygienic..

hahahahah....




iPunter      ( Date: 23-May-2010 19:50) Posted:

That is f barbaric and unhygienic!!! Smiley

kellychang      ( Date: 23-May-2010 19:47) Posted:

but i know many guys dun wear underwear de.

how?

like Jay Zhou..




 

 
iPunter
    23-May-2010 19:50  
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That is f barbaric and unhygienic!!! Smiley

kellychang      ( Date: 23-May-2010 19:47) Posted:

but i know many guys dun wear underwear de.

how?

like Jay Zhou..




nickyng      ( Date: 23-May-2010 19:37) Posted:

Lost ur pants ? but at least u keep ur undies yah?!?! ...come back and fight again another day! :D


 
 
iPunter
    23-May-2010 19:48  
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With only undies how to fight anymore?

You mean fight like Spartacus?... Smiley


 
 
kellychang
    23-May-2010 19:47  
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but i know many guys dun wear underwear de.

how?

like Jay Zhou..




nickyng      ( Date: 23-May-2010 19:37) Posted:

Lost ur pants ? but at least u keep ur undies yah?!?! ...come back and fight again another day! :D

 
 
nickyng
    23-May-2010 19:37  
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Lost ur pants ? but at least u keep ur undies yah?!?! ...come back and fight again another day! :D
 

 
AK_Francis
    23-May-2010 19:14  
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If last Fri DJ steroid was not mirage, CO stop sinking, MFTs shouting, cooking oil would not be cheap liao. Wlma cooking oil, not pure, avoid, if can. But it may affect other cheaper brand as well, just be careful.

Ha ha, weekends no cook, kids hilang, time to go for happy hr liao. Got Karaoke at pasar malam place, sound seems ok, can see look liao.



iPunter      ( Date: 23-May-2010 13:18) Posted:

If Uncle AK after drinking 10 Carlesberg then gives me good tip,

I will "mau" (whack big)...

hehehe... Smiley



AK_Francis      ( Date: 23-May-2010 10:19) Posted:

Ha ha, absolutely correct. Sifus said, there is up n down in the stock market. Sometime, prediction could be wrong. Important is trust ownself and trade/invest carefully. Others' advices solely as references, no obligation. Hv a good Sunday. Cheers


 
 
alexchia01
    23-May-2010 18:57  
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You are right.

To determine the Best Time to Sell is an Art that cannot be taught from any trading book.

This really comes down to experiences.

I used to and sometime now also... Sell too early.

Still learning to master this art.



iPunter      ( Date: 23-May-2010 17:47) Posted:



Many traders know how to cut loss...

They always cut loss... and are experts at cutting loss...


They cut loss so many times until they also go "pok!" in the end...

They must also learn how to "cut gain"...

Usually they don't know how to cut gain...

Because they want to sapu all the fatty bom-bom profits for themselves only...

They usually let their profits run... and then it runs away... 


Such players must learn how to  "leave some for the next man"... Smiley

 
 
iPunter
    23-May-2010 18:06  
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I heard a speech by Robert Kiyosaki a while back...

(I am sure you know about him and his books)...

He did mention that stock market is dangerous and very risky,

or something to that effect...

Anyway, notwithstanding the sorrow and pain,...

How do people learn valuable lessons in life?

Isn' it best by experience?

Thus, you must also be 'thankful' for the valuable experience too, in addition to all your other blessings... Smiley



HateBear      ( Date: 23-May-2010 00:35) Posted:

Wish to post my sorrow here too. But please I don't want any sympathy. At the moment lost an indecent amount in the market plus had savings in Euro currency have to discount 20 % due to unfavourable exchange rate as Euro is badly battered. Trying to seek solace by hoping that market and Euro will turn around. The positive thing is I have more than ample time to hold and nil debts, stable job. The plus thing is I am in the peak of my health surrounded with a loving family and understanding friends. What more can I ask but be grateful for there are less fortunate that I hope that aren't many.

 
 
iPunter
    23-May-2010 17:52  
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You are very right to think that way, Sir... :)

Making money by investing or trading are equally difficult...

It is not as easy as many people think...

If it is so easy, no one needs to work, or do business,...

or create products and services any more... Smiley



WLBO_BB      ( Date: 23-May-2010 17:45) Posted:

I always remind myself if can make money so easy in stock market then no one need to work liao... 90% of those trade loss money and only 10% win... set cut loss and protect capital is the very basic one have to learn... anyway i think most, if not all the ppl in the 10 % are from the 90% group before... cheers!

 
 
iPunter
    23-May-2010 17:47  
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Many traders know how to cut loss...

They always cut loss... and are experts at cutting loss...


They cut loss so many times until they also go "pok!" in the end...

They must also learn how to "cut gain"...

Usually they don't know how to cut gain...

Because they want to sapu all the fatty bom-bom profits for themselves only...

They usually let their profits run... and then it runs away... 


Such players must learn how to  "leave some for the next man"... Smiley
 

 
HateBear
    23-May-2010 17:47  
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A minor heartache of watching my capital shrink and it is some sort feels relieve when you openly talk and share your experience about it.

junction      ( Date: 23-May-2010 09:36) Posted:

You are in the pink of heath, no debt, stable job and have a loving family.  What is there to feel sorrowful about?  Anytime I will trade all my profits for what you have that no amount of money can buy.

HateBear      ( Date: 23-May-2010 00:35) Posted:

Wish to post my sorrow here too. But please I don't want any sympathy. At the moment lost an indecent amount in the market plus had savings in Euro currency have to discount 20 % due to unfavourable exchange rate as Euro is badly battered. Trying to seek solace by hoping that market and Euro will turn around. The positive thing is I have more than ample time to hold and nil debts, stable job. The plus thing is I am in the peak of my health surrounded with a loving family and understanding friends. What more can I ask but be grateful for there are less fortunate that I hope that aren't many.


 
 
WLBO_BB
    23-May-2010 17:45  
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I always remind myself if can make money so easy in stock market then no one need to work liao... 90% of those trade loss money and only 10% win... set cut loss and protect capital is the very basic one have to learn... anyway i think most, if not all the ppl in the 10 % are from the 90% group before... cheers!
 
 
alexchia01
    23-May-2010 16:00  
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Many times, I find cutting loss is the correct decision.

You preserve majority of your capital, you learn a valuable less and you sleeps better at night.

If you continue to hold.

Your capital shrink everyday, your mind can't think straight due to the worries and you cannot sleep well at night.

Worst still, the deeper you sink, longer it takes to recover.


 
 
Jackpot2010
    23-May-2010 15:56  
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No one know for sure when mkt will turn. From this forum u can sense more bearish sentiment emerging - so my guess is situation will get worse going forward. I'm in the same dilema n may take the middle route - exit 50% on any rally next week. Sign......lost faith in this mkt already.

scotty      ( Date: 23-May-2010 09:16) Posted:



Sigh... need some advice.

Do I cut loss now or sell into strength? I am afraid that things might become even worse and then I lose even more money!

 
 
alexchia01
    23-May-2010 15:47  
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The key to cutting loss is...

When the cut loss point is hit, you cut loss immediately, no question asked.

You don't ask what if the price goes up or down tomorrow, because the trade is already a mistake.

If you want to cut loss, then cut loss now and move on.

Learn from this mistake and do a better trade next time.

This is one of the most important rule in trading and one that is difficult to follow.



scotty      ( Date: 23-May-2010 09:16) Posted:



Sigh... need some advice.

Do I cut loss now or sell into strength? I am afraid that things might become even worse and then I lose even more money!

 
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