
I remember that there was an article in the papers where they interviewd a few experts and asked them their average returns. 1 made a loss and the others averaged less than 5-10% returns I think.
They should have interviewed geojam instead !
yah.. 70% is fantastic. treat ur investment like biz and soon u will be getting urself to retirement by 10 yrs..
Hi geojam,
70% returns is very very good! Not many people, including many fund managers can even beat the STI.
Cashiertan
Thanks.
I have a long way to go.
At best my returns will be 70 percent of 10k,that is, i make S$7000 a year based on S$10,000 capital.
But i am happy,at least i am in the black.
as a guideline if u are able to get compounded 10% return every month. u are consider doing well in STI context..
based on capital of 10k w/o leverage, u will hit 1 million in 5 years. which means by next football worldcup, u should be 800k+ in bank..
with proper leverage of 3-5 rimes, the time will be half that..
hehe... when the bull charges at the bear face-to-face, the bear will hold the bull's horns with both hands and do a somersault , and land on the bull's back and ride him like a horse.... hehe...
Singaporegal's posting makes sense. Relatively, your gain may be less in a bull market, but $ is not tied down. Have been observing that when the bull charges, the race starts. Of course, the last to get out gets bullied by the charging bull.
but I thought you can short the stocks when Grissly Adam Bear is in charge of the market? hehe... :)
My opinion is this -
Its easier to make money in a bull market. In a bear market, try to get out of trading. In fact, most of my trades are done in a few months of the year when the killing's good. For half the time, my money is usually sitting idly waiting for the right time to go in. I feel that it reduces risk this way.
Hi cashiertan
I am happy that u make money.Good for u.Congra.
I am not asking how much money u make but an indication of what is the percentage return on ur initial capital.
This will hopefully give me a guide on how well i have achieve or not achieve.
Excuse me SIR, the BIG FONT is to emphasize my point not a show of result as perceived by you. I'm sorry to say that my English is so darn poor that caused you so much unnecessary heartache! And FYI, what you do with how you trade is your own business Cheers!!!!!
ivory coast, for me, i enter it based on recommendation of this counter. however TA wise it did not happen as i expected so hope FA wise will not let me down..
Well, in my earlier postings, i did commented that this 3 years has been easy to earn money, the real time in u can perform even in bear market.
i dun blow my own trumpet.. what i think and buy, i post it before the market move to share as a reference, be it good and bad, ppl can see , it is all transparent.. what i win and lose is open. i am prepare for open criticism and sharing. all will know if i make lost or win money.
well, all i can say is what i can show i will show and i dun just go share w/o showing results.. with big fonts .
I am long in CEnerSave too.
Price objective 23 cents.
For one to make money trading then there must be at least 3 that lose money.
Let's say 2006 was a very good and EASY year and should be very profitable for Traders. I hate to blow my trumpet about my trades; but if you'd follow my threads closely, you'd be able to roughly gauge where I stand.
One of the valuable experiences I learnt from Mr Market is 'NEVER TO COUNT YOUR PROFIT/LOSS UNTIL YOU'RE DONE WITH THE MARKETS!' . When you're still fighting a war, don't celebrate your victory or gloom at your defeat 'till it's over!
The truth is always painful to accept; and Mr Market is the truth when you deal with him - nothing more, nothing less! Cheers and have a merry x'mas!!!!!
after tomolo i should be have much lesser time to come here as exam leave over.. back to work n trading eod...this few weeks of trading live has been awesome experience and i find i still prefer eod. suits me better.
before i make my move from here, all i can say is that for those who wanna earn $ and protect ur capital, better follow SHplayer and Sinngal. others they are maybe good but i would feel much much safer follow them if i am new in trading.
Singgal has years of productive discipline and Shplayers has the years pf productive experience. this two Masters has proven track record which they arent afraid to hide. thus u can be assured what they say is back by their $ and not tok tok only..
Also both of them are not economist chunning out lots of theories or fanciful quotes but real life traders riding the bulls and taking the bear by the paws. Most impt, i find them humble thou they have so much to offer compared to others..
didnt count my capital china reit as it is just 1 lot for fun..
well for my cenersave
i am trying out
long term holding
so will test it 1st
lucky not much is invested..
as for my JurTech. my S/L is not triggered yet.. so unless triggered else will not take lost.
as for my rotary and k1. s/l for profit taking is also not triggered so still holding.
so far so good. make some small $ from quick contra. in jiutian and sembkim..
if got money to buy Counter like UIC and Comfortdelgro, my portfolio will be 6 up 2 down.. accuracy of 75%.. thou not as high as my friends and classmate but relatively quite satisfied..
Like i said earlier? many of u all are expecting a Magic bullet in trading.. Sorry there is no magic bullet but only higher probability of winning thru TA. actually William did not say anything wrong or miss leading abt his TA. TA if applied correctly and consistently will give u positive returns in the long term. This is the "secret" which many ppl overlokk for short term gain and satisfaction.. actually
i like to ask mr ten4one, how is your learning with Mr market.. how is ur stocks doing now?