Latest Forum Topics / Genting Sing Last:0.865 +0.03 | Post Reply |
Traders Lounge - Daily opportunities for everyone
|
|||||
ic1990
Senior |
27-Jan-2011 10:24
|
||||
x 0
x 0 Alert Admin |
ya lo...like what ipunter says...must be "gian gian" to protect capital, not "gian gian" to earn money
|
||||
Useful To Me Not Useful To Me | |||||
hotokee
Veteran |
27-Jan-2011 10:22
|
||||
x 0
x 0 Alert Admin |
Frankly speaking, everyone wants to win money, including the banker. Of course you use tools to benefit your bets, but no surefire tools around in the players' corner. Tools are only available at the banker's corner, that is why most people still lose money. I might be wrong.. | ||||
Useful To Me Not Useful To Me | |||||
|
|||||
BullishTempo
Supreme |
27-Jan-2011 10:19
|
||||
x 0
x 0 Alert Admin |
Noble making money now. GenSp showing reversal from yesterday's Doji. So is NOL,
|
||||
Useful To Me Not Useful To Me | |||||
Investor77
Member |
27-Jan-2011 10:19
|
||||
x 0
x 0 Alert Admin |
Interesting post. Emotion adds color to life. Managing emotion is key to be a successful trader. I am still learning this skill......many times emotion can be a powerful internal force. |
||||
Useful To Me Not Useful To Me | |||||
eastcivic
Elite |
27-Jan-2011 10:18
|
||||
x 0
x 0 Alert Admin |
it's a double-edge sword..... emotion of regret or emotion of fear of losses can also cause one to delay cutting-loss and thus incurring more losses...... need to control emotion to be able to cut-loss swiftly and decisively
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
icetomato
Elite |
27-Jan-2011 10:18
|
||||
x 0
x 0 Alert Admin |
wah lao you... @_@
|
||||
Useful To Me Not Useful To Me | |||||
icetomato
Elite |
27-Jan-2011 10:17
|
||||
x 0
x 0 Alert Admin |
yeah! noble moving up towards civic's tp! (?) |
||||
Useful To Me Not Useful To Me | |||||
iPunter
Supreme |
27-Jan-2011 10:15
|
||||
x 0
x 0 Alert Admin |
Emotion serves its purpose... Just imagine how much people can go on losing if they are emotionless when the market shows signs of weakening... In such times, the emotion of fear is aroused, and they quickly exit the market. If they are emotionless, they will probably just let their money go down the down without any fear in them, and lose more and more. Thus fear itself is a valuable emotion...
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
eastcivic
Elite |
27-Jan-2011 10:15
|
||||
x 0
x 0 Alert Admin |
no wonder all the experts use coin-flipping analogy...... :D another one would if i only have $100 to bet on heads or tails.... how many bets can i afford to make and how much can i afford to place for each bet......
|
||||
Useful To Me Not Useful To Me | |||||
icetomato
Elite |
27-Jan-2011 10:13
|
||||
x 0
x 0 Alert Admin |
study laws of gravity. haha.
|
||||
Useful To Me Not Useful To Me | |||||
epliew
Supreme |
27-Jan-2011 10:12
Yells: "no worries be happy !" |
||||
x 0
x 0 Alert Admin |
caught by the market.... is like caught by csm/rsm sure die lah. ha ha.... just kidding.
|
||||
Useful To Me Not Useful To Me | |||||
icetomato
Elite |
27-Jan-2011 10:11
|
||||
x 0
x 0 Alert Admin |
No lah. where got always get low. Just that I seldom chase high. Then sometimes buy when everybody crazy selling. But don't just whack in all your money just in case. And if it's really bad be prepared to cut loss. It's very dangerous really.... normally people won't advise buying during these times coz might catch falling knives. Got to see the situation also, not always means once drop must buy. Might not shop today.
|
||||
Useful To Me Not Useful To Me | |||||
|
|||||
ic1990
Senior |
27-Jan-2011 10:10
|
||||
x 0
x 0 Alert Admin |
know how to chao keng also. last time i medic. wa. you wont believe the stupid reasons people report sick for. that includes the reservists
|
||||
Useful To Me Not Useful To Me | |||||
BullishTempo
Supreme |
27-Jan-2011 10:09
|
||||
x 0
x 0 Alert Admin |
I agree on that. Clever betting with improved chances. A improved chance of 5% will go a long way in the long run. Lets play a game. I will bet $1 on a coin coming out heads. When I flip a coin, 50% chance it will be heads, and 50% chance it will be tails. So out of 100 throws, all else being equal, 50 will be heads and 50 will be tails. In other words, I make $50 and I lose $50. I make nothing. If we can tilt the probability so that the coin shows heads 55% of the time, and tails 45% of the time. Out of 100 throws, 55 will be heads and 45 will be tails. I make $55 and I lose $45. Overall I make $10 for every 100 throws. $100 for every 1000 throws. $1000 for every 10,000 throws. This is how trading works in real life. You are just doing your best to improve your odds of winning as much as possible. Exactly the same as the coin-flip with unequal chances. You use all the tools you have, to improve your odds of winning. This was actually one of the lessons in the trading course.
|
||||
Useful To Me Not Useful To Me | |||||
ic1990
Senior |
27-Jan-2011 10:09
|
||||
x 0
x 0 Alert Admin |
even though I'm shorting wilmar...it's kind of unfair that it's getting punished due to it's prop foray so much. but the market can be irrational longer than we can be solvent. so...
|
||||
Useful To Me Not Useful To Me | |||||
eastcivic
Elite |
27-Jan-2011 10:08
|
||||
x 0
x 0 Alert Admin |
i thought army-trained singaporeans only know two things?
:P
|
||||
Useful To Me Not Useful To Me | |||||
epliew
Supreme |
27-Jan-2011 10:06
Yells: "no worries be happy !" |
||||
x 0
x 0 Alert Admin |
BT. Property and bank will see the impact. and all the army-trained singaporean should know this.....do not go against the odds and waste no time.
|
||||
Useful To Me Not Useful To Me | |||||
yummygd
Supreme |
27-Jan-2011 10:01
|
||||
x 0
x 0 Alert Admin |
if i did not hesitate with gol argi i would have loss less. so GmG today i dun even wanna think even though its really wan tan mee i jump out. but now im just learning so im just playin it small i wanna learn to be able to trade without emotion. den hopefully one day i will become emotionless like most of u here hahahahaha
|
||||
Useful To Me Not Useful To Me | |||||
iPunter
Supreme |
27-Jan-2011 10:01
|
||||
x 0
x 0 Alert Admin |
Maybe her subconscious mind directed her to act at the right time...
|
||||
Useful To Me Not Useful To Me | |||||
crystal1818
Veteran |
27-Jan-2011 09:57
|
||||
x 0
x 0 Alert Admin |
Icetomato, you always seem to get in at low price when the market is down just like yesterday. How did you manage to know that a rebound is coming when you buy at low? Any shopping for you today? ;)
|
||||
Useful To Me Not Useful To Me |