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wow!! really a blessing in disguise!!!! Should sell now or not?
There is only one reason to buy stocks.
To get capital appreciate or dividend returns.
ie. To make money.
We have to be honest to ourselves though. Even people who are not financially savvy are also involved in the financial markets in one way or another.
1) We deposit money in the banks. The banks use our deposits to loan out to companies earning interest, or the banks use our money to invest in the stock market or bonds market.
2) We buy insurance policies. The insurance companies pay us interest for the premiums we pay? How do they do that? They use our premium money and invest in the financial markets ie. stocks and bonds.
3) Our CPF accounts pay us 2.5% to 4% interest. How? The government take our CPF money, give it to Temasek Holdings, and tell Temasek Holdings to make investments using our hard-earned CPF money. Do they make mistakes? Sure they do, and they have lost billions of our CPF money before. But luckily they made most of it back. And they have also made some other sound investments, so every Singaporean citizen get interest on their CPF.
Not many people know that, even if they are just a humble teacher, civil servant, clerk, accountant, the auntie or uncle on the street. As long as you deposit money in the bank, buy insurance policies or have a CPF account.
You are already investing in the stock market without knowing it. You are putting your money with someone you don't know and expect them to make money for you.
Know the financial markets, make your own sound investments, and make your own money!
All you need is knowledge, experience and skills.
My favourite phrase. Rely on yourself.
Cheers.
bladez87 ( Date: 02-Nov-2010 12:46) Posted:
everyone is buying stocks, but what is the rational and logic behind buying a stock?
to get dividends? if the company does not want to give dividends, is it worth buying?
when i bought genting at 2.08, i told myself, that is for long term holdings. since that day i made at least 3 entries and exits. long term holdings, my S. planner detachment syndrome is for real. |
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it is times like this, when trader hat will act for both. i guess. when downtrend is strong, must definitely bail.
Icymilo ( Date: 02-Nov-2010 12:55) Posted:
BT you reminded me of my cosco bought at 6.2 sgd and sold at 2 dollars plus
BullishTempo ( Date: 02-Nov-2010 12:46) Posted:
I think iPunter mentioned this before. Being a long-term investor isn't risk free. If you were long-term investor from late 2007 to end 2008 during the bear years. You would have lost more than the short-term trader who exited his long positions in 2007 and went into short positions till end 2008. I know some traders who became rich because of shorting the bear year 2008. Something to think about. |
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Indeed , I'm thankful tt we have so many kind hearted ppl here ,
Cheers ~ 
feel so Blessed 
BullishTempo ( Date: 02-Nov-2010 12:15) Posted:
Thanks iPunter, We all learn from each other really. Always happy to share knowledge with each other. In this way, knowledge multiplies and everybody benefits 
iPunter ( Date: 02-Nov-2010 12:12) Posted:
The most important thing anyone can learn from BT
is how to trade properly.
If one can just learn and practise how to trade properly,
one would have benefited hugely... 
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BT you reminded me of my cosco bought at 6.2 sgd and sold at 2 dollars plus
BullishTempo ( Date: 02-Nov-2010 12:46) Posted:
I think iPunter mentioned this before. Being a long-term investor isn't risk free. If you were long-term investor from late 2007 to end 2008 during the bear years. You would have lost more than the short-term trader who exited his long positions in 2007 and went into short positions till end 2008. I know some traders who became rich because of shorting the bear year 2008. Something to think about.
bladez87 ( Date: 02-Nov-2010 12:41) Posted:
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only got 1 small problem. $$$ not enough to sustain both hats. my head not big enough.
really regret selling all my genting when it was lower. i should have held in 2 separate accounts to differentiate my holdings.
but then there will come a time, when the market is so unstable, that it will tempt the trader to exit on his investor holdings. which is what is happening now. i held genting sp for 3 years, since 07. and now i am actively trading it. had i just held on and not bother about the interim gains, i would be much better off now. hmmmm |
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$$$$ my head($) not big enough for 2 hats(holdings)
icetomato ( Date: 02-Nov-2010 12:48) Posted:
Be both lah.
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
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sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound. |
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What i did is split my cash on hand, 80% for holding power (means worst long it if caught suprise or look for more profit)
20% for contra, with calculation of cut loss fixed up before entry.
will only start using my contra quota only if holding quota used up, so dun rush
say 20% is 1000sgd
counter price is 1 dollar upper limit 1.1 lower limit (cut lost) is 0.95, i will buy 19 lots at most.
you got to work out a table of trading rule before you enter market and follow strickly if you can or it might mess up your life
just to share some experience and lesson after i got burnt few times.
all the best, guys
BullishTempo ( Date: 02-Nov-2010 12:37) Posted:
LoL Ask yourself, given your personality and character, are you more a trader or long-term investor? If you are in-between, you can be both. Keep one position for mid-term to long-term. Keep another position for short-term.
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
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sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound. |
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ya, i was 1 of them. i lost 80% of capital during the crisis. till date still net loss of 5k. havent recovered. but had i held genting from when i got it to now and actively buy in with my salary, i would have broken even by now. and after the results. probably make a profit.
but then again, during crisis period, the trading hat will definitely exit for the investor.
i guess a proper term for dual hats is hedging?
BullishTempo ( Date: 02-Nov-2010 12:46) Posted:
I think iPunter mentioned this before. Being a long-term investor isn't risk free. If you were long-term investor from late 2007 to end 2008 during the bear years. You would have lost more than the short-term trader who exited his long positions in 2007 and went into short positions till end 2008. I know some traders who became rich because of shorting the bear year 2008. Something to think about.
bladez87 ( Date: 02-Nov-2010 12:41) Posted:
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only got 1 small problem. $$$ not enough to sustain both hats. my head not big enough.
really regret selling all my genting when it was lower. i should have held in 2 separate accounts to differentiate my holdings.
but then there will come a time, when the market is so unstable, that it will tempt the trader to exit on his investor holdings. which is what is happening now. i held genting sp for 3 years, since 07. and now i am actively trading it. had i just held on and not bother about the interim gains, i would be much better off now. hmmmm |
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Be both lah.
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
|
sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound.
BullishTempo ( Date: 02-Nov-2010 12:29) Posted:
Yup. Now just waiting for next week announcement. Marina Bay Sands has given us a hint on what GenSp will be announcing next week. All the best |
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everyone is buying stocks, but what is the rational and logic behind buying a stock?
to get dividends? if the company does not want to give dividends, is it worth buying?
when i bought genting at 2.08, i told myself, that is for long term holdings. since that day i made at least 3 entries and exits. long term holdings, my S. planner detachment syndrome is for real.
I think iPunter mentioned this before.
Being a long-term investor isn't risk free.
If you were long-term investor from late 2007 to end 2008 during the bear years.
You would have lost more than the short-term trader who exited his long positions in 2007 and went into short positions till end 2008.
I know some traders who became rich because of shorting the bear year 2008.
Something to think about.
bladez87 ( Date: 02-Nov-2010 12:41) Posted:
|
only got 1 small problem. $$$ not enough to sustain both hats. my head not big enough.
really regret selling all my genting when it was lower. i should have held in 2 separate accounts to differentiate my holdings.
but then there will come a time, when the market is so unstable, that it will tempt the trader to exit on his investor holdings. which is what is happening now. i held genting sp for 3 years, since 07. and now i am actively trading it. had i just held on and not bother about the interim gains, i would be much better off now. hmmmm
BullishTempo ( Date: 02-Nov-2010 12:37) Posted:
LoL Ask yourself, given your personality and character, are you more a trader or long-term investor? If you are in-between, you can be both. Keep one position for mid-term to long-term. Keep another position for short-term. |
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thumbs up for BT's tactical trading tips....all seems to be filling in nicely...just hope that these useful lessons can be passed on, especially to your parents/uncles/aunties so that you wont profit out of their expense :-)
any hat also can. witch hat, trader, investor. as long as not green
only got 1 small problem. $$$ not enough to sustain both hats. my head not big enough.
really regret selling all my genting when it was lower. i should have held in 2 separate accounts to differentiate my holdings.
but then there will come a time, when the market is so unstable, that it will tempt the trader to exit on his investor holdings. which is what is happening now. i held genting sp for 3 years, since 07. and now i am actively trading it. had i just held on and not bother about the interim gains, i would be much better off now. hmmmm
BullishTempo ( Date: 02-Nov-2010 12:37) Posted:
LoL Ask yourself, given your personality and character, are you more a trader or long-term investor? If you are in-between, you can be both. Keep one position for mid-term to long-term. Keep another position for short-term.
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
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sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound. |
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The market determines what is the right size. During the financial crisis, the Feds released trillions into the market.
For tomorrow, anything less than 500 billion might be a disappointment, and markets will dive.
bladez87 ( Date: 02-Nov-2010 12:36) Posted:
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define small.
ya i know golden near 1 year high. .705 is strong resistance.
gen sp 3 cents for now. but i am buying on hope. hope that QE2 goes thru and all barriers broken.
BullishTempo ( Date: 02-Nov-2010 12:34) Posted:
Golden Agri almost near one-year high. This is a resistance level, so just take note. GenSp major resistance is 2.29. Only 3 cents upside if you buy now. But if QE2 goes through without disappointment, they should be broken easily. If QE2 package too small, RUN FOR YOUR LIVES. |
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Looks like witch hat then which hat will you do better, you need some magic
too bad Helloween over le, nevertheless dun rush in stock market,
rather to miss the boat
than to sink yourself while trying to jump aboard the ship
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
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sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound.
BullishTempo ( Date: 02-Nov-2010 12:29) Posted:
Yup. Now just waiting for next week announcement. Marina Bay Sands has given us a hint on what GenSp will be announcing next week. All the best |
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Don't dwell or lament too much on it..
It is neither 'stupid' nor regretful...
It is only human...
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
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sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound.
BullishTempo ( Date: 02-Nov-2010 12:29) Posted:
Yup. Now just waiting for next week announcement. Marina Bay Sands has given us a hint on what GenSp will be announcing next week. All the best |
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LoL
Ask yourself, given your personality and character, are you more a trader or long-term investor?
If you are in-between, you can be both. Keep one position for mid-term to long-term. Keep another position for short-term.
bladez87 ( Date: 02-Nov-2010 12:34) Posted:
|
sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound.
BullishTempo ( Date: 02-Nov-2010 12:29) Posted:
Yup. Now just waiting for next week announcement. Marina Bay Sands has given us a hint on what GenSp will be announcing next week. All the best |
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define small.
ya i know golden near 1 year high. .705 is strong resistance.
gen sp 3 cents for now. but i am buying on hope. hope that QE2 goes thru and all barriers broken.
BullishTempo ( Date: 02-Nov-2010 12:34) Posted:
Golden Agri almost near one-year high. This is a resistance level, so just take note. GenSp major resistance is 2.29. Only 3 cents upside if you buy now. But if QE2 goes through without disappointment, they should be broken easily. If QE2 package too small, RUN FOR YOUR LIVES.
bladez87 ( Date: 02-Nov-2010 12:29) Posted:
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i eyeing genting hk, sp and goldenagri.
unfortunately, none of them providing me with a chance to buy on a dip. and chances are tmr it will soar higher. analysts expect QE2 to be around 500b. anything more than that will send market into overdrive.
man this is tough, although QE2 is confirmed and most BB expect it to push the market sentiments up, at this prices, it is really quite scary.
tmr probably last chance to buy liao. still thinking to load 5 lots of golden and hk 1st anot. then if dip enter somemore. o man headache! |
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sometimes quite hard to change hats when facing market price movements.
on 1 hand, i wanna play long term investor, waiting for its year end results and 3 years later for dividends.
but on another hand want to maximise profits and excitement by trading daily.
end up both hats also forget wear and now lost as to wear which hat.
as a trader, i will buy now to bet on the price of genting sp from results.
as a investor, 10cents while significant, is not much in the long run.
still shooting myself for selling at 2.15 last week. cannot buy back at same price i sold, but can buy higher. how stupid does that sound.
BullishTempo ( Date: 02-Nov-2010 12:29) Posted:
Yup. Now just waiting for next week announcement. Marina Bay Sands has given us a hint on what GenSp will be announcing next week. All the best
Icymilo ( Date: 02-Nov-2010 12:27) Posted:
| paid up le so can wait....no worrie |
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