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Even if you put "waiter" you are not wrong...
Because as a stock trader,
most of the time your time is spent waiting for your profits to roll in... 
OneSharer ( Date: 03-Jun-2010 23:17) Posted:
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for those who trade on a "full-time" basis, pls don't mind me asking:
when filling out a form, what do you put as your "occupation" (e.g. full-time trader; retail investor; self-employed; unemployed; homemaker; odd-job worker)?
alexchia01 ( Date: 03-Jun-2010 14:57) Posted:
I don't really want to brag, but can't resist this one. I don't think GIC or any company can afford to pay me or any successful traders here. My wealth is growing at an exponential rate, whatever they are paying me, I'll be able to make that amount and more within the next few years. Also, I have time freedom, I can do whatever I want whenever I want. Why do I want to go back to a corporate life, tie down to a desk and pretend to like my boss? No offends to people who work 9 to 5. |
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Not to worry, though... :)
For if you keep absorbing the wisdom sparingly expounded in this forum,
you'll soon be good enuf... 
E-war ( Date: 04-Jun-2010 02:46) Posted:
| Haha, wish I cld trade on full time basis but i know i simply not gd enuff. yet... |
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Haha, wish I cld trade on full time basis but i know i simply not gd enuff. yet...
for those who trade on a "full-time" basis, pls don't mind me asking:
when filling out a form, what do you put as your "occupation" (e.g. full-time trader; retail investor; self-employed; unemployed; homemaker; odd-job worker)?
alexchia01 ( Date: 03-Jun-2010 14:57) Posted:
I don't really want to brag, but can't resist this one. I don't think GIC or any company can afford to pay me or any successful traders here. My wealth is growing at an exponential rate, whatever they are paying me, I'll be able to make that amount and more within the next few years. Also, I have time freedom, I can do whatever I want whenever I want. Why do I want to go back to a corporate life, tie down to a desk and pretend to like my boss? No offends to people who work 9 to 5.
Richman ( Date: 03-Jun-2010 13:58) Posted:
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This forum is indeed a good place to share information.
Some of them are so good. Maybe one day GIC will visit
this forum to hunt for the best person to work for them.
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By the way, it's not just financial people...
There are even medical doctors, and those from other professions, who have done well trading.
This they invariably did after some years of being 'in the market trenches'.
But their market achievements vary, though, depending on their innate aptitude and skills.
I am also very curious to know if you have names you can quote in the financial industry when you say "Many people in the financial corporation have left and set out on their own." "They trade on their own and can make many times more than their previous drawn salary." ?
It's a true fact, no point working for corporation whether it is local or MNC.
Many people in the financial corporation have left and set out on their own.
They trade on their own and can make many times more than their previous drawn salary.
beruangface ( Date: 03-Jun-2010 15:09) Posted:
sounds like u r doing very well dude, teach me how to be like u..i'm now still working 24/7 ..officiall hour 9-5 is only in the employment letter, but ur boss will usually expect u to reply to ur blackberry even u r half way making cake..so teach me master how to be u..really envy ppl like u
alexchia01 ( Date: 03-Jun-2010 14:57) Posted:
I don't really want to brag, but can't resist this one. I don't think GIC or any company can afford to pay me or any successful traders here. My wealth is growing at an exponential rate, whatever they are paying me, I'll be able to make that amount and more within the next few years. Also, I have time freedom, I can do whatever I want whenever I want. Why do I want to go back to a corporate life, tie down to a desk and pretend to like my boss? No offends to people who work 9 to 5. |
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This help very much...
KEahzq ( Date: 03-Jun-2010 16:24) Posted:
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Other than the brokerage/commission rates payable, a Clearing Fee of 0.04% on contract value, subject to a maximum of S$600, a SGX Trading Fee of 0.0075% on contract value, and GST of 7.0% on each item, i.e. brokerage/commission and fees, will apply.
Hope this helps.
alooloo ( Date: 03-Jun-2010 16:19) Posted:
wonder if you notice, (probably just my wrong feeling)
the broker fee doesn't goes up proportional to the size of trade eg: <$10000, probably cost something like 20. But when double to > $10000, the cost of selling is not 2x20, probably >40. Is it some extra charge inured or taxed by Uncle Harry?
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Other than the brokerage/commission rates payable, a Clearing Fee of 0.04% on contract value, subject to a maximum of S$600, a SGX Trading Fee of 0.0075% on contract value, and GST of 7.0% on each item, i.e. brokerage/commission and fees, will apply.
Hope this helps.
alooloo ( Date: 03-Jun-2010 16:19) Posted:
wonder if you notice, (probably just my wrong feeling)
the broker fee doesn't goes up proportional to the size of trade eg: <$10000, probably cost something like 20. But when double to > $10000, the cost of selling is not 2x20, probably >40. Is it some extra charge inured or taxed by Uncle Harry?
alexchia01 ( Date: 03-Jun-2010 15:52) Posted:
Well, I'll share what I know on this forum.
You are welcome to ask any question.
Just know that I'm a mid-term trader, I'm not a short-term trader like many forumers here.
This means that when I Long/Short a stock, I hold it for as long as the trend persist. |
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wonder if you notice, (probably just my wrong feeling)
the broker fee doesn't goes up proportional to the size of trade
eg: <$10000, probably cost something like 20. But when double to > $10000, the cost of selling is not 2x20, probably >40.
Is it some extra charge inured or taxed by Uncle Harry?
alexchia01 ( Date: 03-Jun-2010 15:52) Posted:
Well, I'll share what I know on this forum.
You are welcome to ask any question.
Just know that I'm a mid-term trader, I'm not a short-term trader like many forumers here.
This means that when I Long/Short a stock, I hold it for as long as the trend persist. |
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Well, I'll share what I know on this forum.
You are welcome to ask any question.
Just know that I'm a mid-term trader, I'm not a short-term trader like many forumers here.
This means that when I Long/Short a stock, I hold it for as long as the trend persist.
sounds like u r doing very well dude, teach me how to be like u..i'm now still working 24/7 ..officiall hour 9-5 is only in the employment letter, but ur boss will usually expect u to reply to ur blackberry even u r half way making cake..so teach me master how to be u..really envy ppl like u
alexchia01 ( Date: 03-Jun-2010 14:57) Posted:
I don't really want to brag, but can't resist this one. I don't think GIC or any company can afford to pay me or any successful traders here. My wealth is growing at an exponential rate, whatever they are paying me, I'll be able to make that amount and more within the next few years. Also, I have time freedom, I can do whatever I want whenever I want. Why do I want to go back to a corporate life, tie down to a desk and pretend to like my boss? No offends to people who work 9 to 5.
Richman ( Date: 03-Jun-2010 13:58) Posted:
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This forum is indeed a good place to share information.
Some of them are so good. Maybe one day GIC will visit
this forum to hunt for the best person to work for them.
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+1 to you. I surely believe you can do better than those who brag about small profit in media (omitting the fact of losing big).
Guess you know who i'm referring to...
I don't want to get sued...
alexchia01 ( Date: 03-Jun-2010 14:57) Posted:
I don't really want to brag, but can't resist this one. I don't think GIC or any company can afford to pay me or any successful traders here. My wealth is growing at an exponential rate, whatever they are paying me, I'll be able to make that amount and more within the next few years. Also, I have time freedom, I can do whatever I want whenever I want. Why do I want to go back to a corporate life, tie down to a desk and pretend to like my boss? No offends to people who work 9 to 5.
Richman ( Date: 03-Jun-2010 13:58) Posted:
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This forum is indeed a good place to share information.
Some of them are so good. Maybe one day GIC will visit
this forum to hunt for the best person to work for them.
|
|
|
|
I don't really want to brag, but can't resist this one.
I don't think GIC or any company can afford to pay me or any successful traders here.
My wealth is growing at an exponential rate, whatever they are paying me, I'll be able to make that amount and more within the next few years.
Also, I have time freedom, I can do whatever I want whenever I want.
Why do I want to go back to a corporate life, tie down to a desk and pretend to like my boss?
No offends to people who work 9 to 5.
Richman ( Date: 03-Jun-2010 13:58) Posted:
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This forum is indeed a good place to share information.
Some of them are so good. Maybe one day GIC will visit
this forum to hunt for the best person to work for them.
Jackpot2010 ( Date: 03-Jun-2010 12:44) Posted:
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DOW +225pt; STI (+54pt midday)
Who could hv expected such a strong rebound in 24hrs? |
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This forum is indeed a good place to share information.
Some of them are so good. Maybe one day GIC will visit
this forum to hunt for the best person to work for them.
Jackpot2010 ( Date: 03-Jun-2010 12:44) Posted:
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DOW +225pt; STI (+54pt midday)
Who could hv expected such a strong rebound in 24hrs?
Jackpot2010 ( Date: 02-Jun-2010 10:51) Posted:
| I believe ur intention is good but never advise ppl to cut loss bcos money is from their pocket not yours. How u feel if the mkt shoot up instead of crash. Your conscience will haunt u or not. In real life no one can predict so well - whether TA or FA. Even Paulson Hedge fund was top loser during May sell down - down 7% |
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Later will play yoyo....
DOW +225pt; STI (+54pt midday)
Who could hv expected such a strong rebound in 24hrs?
Jackpot2010 ( Date: 02-Jun-2010 10:51) Posted:
I believe ur intention is good but never advise ppl to cut loss bcos money is from their pocket not yours. How u feel if the mkt shoot up instead of crash. Your conscience will haunt u or not. In real life no one can predict so well - whether TA or FA. Even Paulson Hedge fund was top loser during May sell down - down 7%.
susan66 ( Date: 02-Jun-2010 00:01) Posted:
Yes, this game is quite tricky but if you are able to be sensitive and alert to the market sentiment and respect it, then you can be a winner. Sometimes even if you know it's going to reverse, you still don't act according to what you think. Today advise my colleague to cut her shares when market is better in the morning, but she says still did not breakeven yet. I reminded her of her past experiences where she waited for 1 more cent to sell and in the end the market reverses so fast and she take no action. In the end, there is a very big hole!  I keep telling her today must cut all if possible but she replies "ok lah ok lah" and take no action, frustrated because it already drop like waterfall. Repeat same mistake again, no choice!  |
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Oh my gard...
That itself is an honour!... lol...
but he/she(think she) stole ur cat phrase.
iPunter ( Date: 03-Jun-2010 09:35) Posted:
He/she is a nice person... Because he/she speaks frankly, and started this thread
so that other newbies will benefit from her experience... 
yummygd ( Date: 02-Jun-2010 09:12) Posted:
| wow!!This is started by peg li n not ipunter!!!!wow what am i to think??? |
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He/she is a nice person...
Because he/she speaks frankly, and started this thread
so that other newbies will benefit from her experience...
yummygd ( Date: 02-Jun-2010 09:12) Posted:
| wow!!This is started by peg li n not ipunter!!!!wow what am i to think??? |
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