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Lost my pants this month

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Farmer
    26-May-2010 22:35  
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Enjoying trading and never lost in nett trade are simply 2 different process, both need time, esp. the latter which need lots of it over a long period to accumulate that experience and skill. But, one has got only 24hrs per day?
 
 
iPunter
    26-May-2010 22:27  
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Even when I am in a hotel room... or gym, I will still be enjoying trading...

And trading usually means simply waiting...

hehehe... Smiley



kellychang      ( Date: 26-May-2010 22:21) Posted:

ipunter not rich la, u see him always drink coffee at starbucks then u know.. if really so rich, then sure book hotel, book a hotel room to trade.




iPunter      ( Date: 26-May-2010 22:11) Posted:



Loss here is in the context of nett loss...

Of course, every trader who trades has losing trades, sometimes even seven times in a row!


And what has being billionaire, or millionaire, or not,  got to do with it?

Anyone can trade, regardless of financial muscle.


hehehe... Smiley


 
 
iPunter
    26-May-2010 22:24  
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How does enjoying trading prevent one from enjoying and having good health and life at the same time?

That is an assumption, and not even an educated guess in the least...

I would say that is conventional thinking...


hehehe... Smiley 
 

 
kellychang
    26-May-2010 22:21  
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ipunter not rich la, u see him always drink coffee at starbucks then u know.. if really so rich, then sure book hotel, book a hotel room to trade.




iPunter      ( Date: 26-May-2010 22:11) Posted:



Loss here is in the context of nett loss...

Of course, every trader who trades has losing trades, sometimes even seven times in a row!


And what has being billionaire, or millionaire, or not,  got to do with it?

Anyone can trade, regardless of financial muscle.


hehehe... Smiley

 
 
iPunter
    26-May-2010 22:20  
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Farmer
    26-May-2010 22:19  
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Of course I understand it must be nett loss... thus, my guess still stand.
 

 
iPunter
    26-May-2010 22:11  
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Loss here is in the context of nett loss...

Of course, every trader who trades has losing trades, sometimes even seven times in a row!


And what has being billionaire, or millionaire, or not,  got to do with it?

Anyone can trade, regardless of financial muscle.


hehehe... Smiley
 
 
Farmer
    26-May-2010 22:00  
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If one have never lost anything in the market, I guess he must have lost either his health or family life or both. Is that worth to congratulate?

HLJHLJ      ( Date: 26-May-2010 20:52) Posted:

Congrats! you must be a multimillionaire or billionaire! LOL. Any tips to learn?

iPunter      ( Date: 26-May-2010 15:55) Posted:



Hahaha...

I have never lost anything, let alone underwear ...

Unlike investors (long-term),

I can't stand any loss! hehehe...Smiley


 
 
HLJHLJ
    26-May-2010 21:31  
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In short, it is based on valuation. Market transactions decide the valuation. (something which I don't like but fact of life).
That's why i have come to understand that long-term is not the answer.If yes, at least we should watch over our valuation carefully. If drops badly, must really get out! We cannot just buy and go away!

Maybe they should have valuation based on the average of some days instead of instantaneous value. That can cut speculation out altogether.



iPunter      ( Date: 26-May-2010 20:58) Posted:

The zero-sum effect is not so obviously straight forward, though technically speaking it is.

In this game, money can simply 'vanish into thin air' without your much as doing anything...

For simply by holding, but not trading (buy and sell), your fortune can shrink just like a pricked balloon.

Say one million investors hold tightly to 100 lots of a  $10 stock.

And then a few hundred investors, out of fear, sold the stock down at $5, and assuming there's one left to step in to buy it back up, the stocks which are tightly held by the majority of investors would have shrunken in value by half.

But they have not participated in any buying or selling activity, but the zero-sum effect still affects them though they have virtually done nothing, but sitting. And if the rest of the people are not impressed enough to buy the stock back up to its previous levels, it may never see that level again.




E-war      ( Date: 26-May-2010 20:08) Posted:

Always wondered abt this, guess it's a zero sum game


 
 
iPunter
    26-May-2010 20:58  
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The zero-sum effect is not so obviously straight forward, though technically speaking it is.

In this game, money can simply 'vanish into thin air' without your much as doing anything...

For simply by holding, but not trading (buy and sell), your fortune can shrink just like a pricked balloon.

Say one million investors hold tightly to 100 lots of a  $10 stock.

And then a few hundred investors, out of fear, sold the stock down at $5, and assuming there's one left to step in to buy it back up, the stocks which are tightly held by the majority of investors would have shrunken in value by half.

But they have not participated in any buying or selling activity, but the zero-sum effect still affects them though they have virtually done nothing, but sitting. And if the rest of the people are not impressed enough to buy the stock back up to its previous levels, it may never see that level again.




E-war      ( Date: 26-May-2010 20:08) Posted:

Always wondered abt this, guess it's a zero sum game.

alooloo      ( Date: 26-May-2010 16:50) Posted:



If take away company's payout, dividend and etc, on pure "stock price" basis.

How many money gain by a group of winner is most likely same as money lose by a group of loser...

If want to earn money from selling at historical peak, sure need someone to buy it at historical peak.


 

 
HLJHLJ
    26-May-2010 20:52  
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Congrats! you must be a multimillionaire or billionaire! LOL. Any tips to learn?

iPunter      ( Date: 26-May-2010 15:55) Posted:



Hahaha...

I have never lost anything, let alone underwear ...

Unlike investors (long-term),

I can't stand any loss! hehehe...Smiley

 
 
iPunter
    26-May-2010 20:28  
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My long positions are recession-proof and largely crash-proof...

But my swift trades are long and short...

Thus, I get the best of both worlds, so to speak...

If you think my simple words are so-called "cheem"...

You haven't read "Sophies World" yet...

hehehe... Smiley
 
 
kellychang
    26-May-2010 20:16  
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ok la, cosco gain then lose in capitalAnd.

anything.

ok, u tell me, u long or short now?

or u no position?

but i bet u will not say anything. but u will say a lot nonsense and rubbish to make your words very chim.

hahahahhhahah



iPunter      ( Date: 26-May-2010 17:47) Posted:

Cosco has Ooommphh!!!  

Capitaland is "lembek" (wimpish)... Smiley



kellychang      ( Date: 26-May-2010 17:07) Posted:

cosco very strong, capitaland lose strength ....


 
 
E-war
    26-May-2010 20:08  
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Always wondered abt this, guess it's a zero sum game.

alooloo      ( Date: 26-May-2010 16:50) Posted:



If take away company's payout, dividend and etc, on pure "stock price" basis.

How many money gain by a group of winner is most likely same as money lose by a group of loser...

If want to earn money from selling at historical peak, sure need someone to buy it at historical peak.

 
 
iPunter
    26-May-2010 17:47  
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Cosco has Ooommphh!!!  

Capitaland is "lembek" (wimpish)... Smiley



kellychang      ( Date: 26-May-2010 17:07) Posted:

cosco very strong, capitaland lose strength ....

kellychang      ( Date: 26-May-2010 12:08) Posted:

cosco and capitaland cheong so much today :)

yeepe!!

 



 

 
kellychang
    26-May-2010 17:07  
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cosco very strong, capitaland lose strength ....

kellychang      ( Date: 26-May-2010 12:08) Posted:

cosco and capitaland cheong so much today :)

yeepe!!

 



kellychang      ( Date: 26-May-2010 06:17) Posted:

wish me luck.

2650 is not far from my target 2590..

so, boat is always there :)

this time i prefer something start with C...




 
 
kellychang
    26-May-2010 17:05  
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well, we ourselves responsible to our own trading la.

 ok? hehehehe...

just wondering, u lose big big last time. r u?

so that is why, now u always ask people dun play stock.

hahahhaa.

btw, stock is not something we should try in our life.

since we tried it liao, but now it become a "drug" just addicted to it leh..

how to quit? unless die pain pain..

but i know some of the drug addicts, they will just willing to risk their life just for the drug.

just like some of the gambler, trader and investor..all same type la.

include myself as well :)

 hahaha, dunno what rubbish i am talking about.

hahahhaha...




iPunter      ( Date: 26-May-2010 16:53) Posted:



And you are only aware of the tip of the ice-berg...

That is why I say, I will become "xiao qi guei"

if you don't follow my instruction -

"Do not play shares" ...

But since you are already so "saham-pandai",

I will give a concession, and let you bet a bit...

hehehe... Smiley

 
 
iPunter
    26-May-2010 16:53  
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And you are only aware of the tip of the ice-berg...

That is why I say, I will become "xiao qi guei"

if you don't follow my instruction -

"Do not play shares" ...

But since you are already so "saham-pandai",

I will give a concession, and let you bet a bit...

hehehe... Smiley
 
 
alooloo
    26-May-2010 16:50  
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If take away company's payout, dividend and etc, on pure "stock price" basis.

How many money gain by a group of winner is most likely same as money lose by a group of loser...

If want to earn money from selling at historical peak, sure need someone to buy it at historical peak.
 
 
kellychang
    26-May-2010 16:41  
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today i just realised that actually there are a lot of people lose in stock market.

well, today found out my 2 colleague hubby playing stock.

one burst badly during 1980s

then another one, still incurs huge losses about 50k ( since years 2007 till now)

venture and sgx, bought at price 10++

blues also can make us "pok"

something to think about....

whether we should quit!! and work smart and work hard!
 
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