
Thanx Mani

A "term" can be any length of time....
The point is one must determine at what point one desires to exit the market ...
rather than holding indefinitely, as long-term investors are apt to do....
To be an effective "term investor/trader", one needs to practise a systematic method...
This is usually accomplished by means of TA tools... mainly trendlines, support/resistance lines,
plus a host of other TA tools... eg. continuation patterns.
Thus a knowledge of TA is required, and this can be learned with some personal effort.
Using a 'limited knowledge of FA' is definitely not a systematic method,
though money could be made that way too.....
Please advise me if i fit into the profile of "term investor" or "short term" based on my own technique below.
Currently, i'm using very limited FA knowledge that i have to buy stocks that I'm interested in (usually price not at peak). But i'm holding onto them only for a few months or up to a year before selling (after price has risen by at least 20%). I don't know hw to apply TA at the moment. ==> Using FA skills but not holding onto counter for too long. Reason for doing that is to roll my limited cash for capital gains at this moment to build up larger capital. Thanks.
Livermore... :)
You are a long-term investor...
But there are many "term investors"... who are neither short term nor long-term investors...
As long as their shares keep going up, they will ride it all the way up regardless of duration.
But many of these "term investors" are also technical analyst who are also quick to exit when the
going appears precarious or uncertain... they are defensive players, you see...
Whereas long term investors are voluntarily willing to hold on "forever"... through thick and thin..., which includes the lengthy roller-coaster rides which the term investors are so afraid of.
Something which i like to explain,
1.I agree with what smaxmike said that Ray did call on China Farm on Thursday not Friday,in fact he even warned us that this counter needs to tighten out stop-loss price.
2.I happen to saw it on Friday morning so i post it.....on Friday morning and becoz it already Friday i did not put a buy or sell call,just want sj members to note this counter.
3.I think i need to apologise to whoever lost $$$ when they short this counter and to Ray n whoever is not happy about it.......Very sincerly i said sorry.....
4.Finally i make sure i will not post again from today onwards as i feel that i may coz members n friends to lose money........Sorry its all my fault n not Ray..........
Hi Livermore,
You've been telling me this very often. My style is very different from yours. As long as we both make money, it doesn't matter right?

Hi Singaporegal,
You should remain vested for long term...
Hi Singaporegal,
Do you think there will be a "pre-National Day Rally"?
Hi Yong Jiu,
Nice to hear from you. I'm mostly out of the market now because it has been directionless.
How come never pay attention to SJ? You busy with work?
geojam, where are you?? just a "hi" from msn and that it?? wanted to tell you what i had saw and pondered over.. emailed back to you bt you still no reply.. anyway, if that your decision as per your email, i will follow you bt via email n msn is a must (you know what i saying hor).. my "bomoh" powers some sort telling me you are spot on, dat y i had been telling you of my queries and doubts.. anyway, pls email me back once you saw this bt no reply in here la hor.. important thing now is $$ in pockets.. not giving any heck care liao.....
rogue "bin fa #X" - any actions can only be applied after knowing your enemies well.. dat why i dun let people know anything about WND, haha.. then more exciting to play any number games..
6 fishes waiting in my bank now.. I am not a wise guy, but I am not a fool....
hey singaporegal,
sorry that i almost missed out your greeting ^^
really didn't pay much attention on SJ recently, but is good to hear from all of you again!
i'm sure you must be earning a pile before you go for your holiday right?
cheers
missy elfin, please do not worry for me and geojam.. we are not actors in a masquerade but just some simple man who just wanna have some "fun".. we won't go around stepping on others people toes and create chaos 1 la.. as only assholes will do that.. there are still gentlemen and ladies "steady pun pi pi 1" in SJ so you can go and enjoy your peace without any worries ba..
I am not a wise man, but I am not a fool...
hugs to my kitten, puppy and godpa. and of course, singaporegal and grandma choohian. :) hey kittie, bring your missy out for a date sometime. ;)
bunnie MIA cos quit job already, so happily hopping free. keke.
market's crazy. so much easy money. just keep sane lah, people. *think zen* calm water...stay unmoved....*zennn*
hehe.
and aie. pup and godpa, be good, ok? elfie just needs peace.... cheers to you all. :)