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Full time trader, are you serious ?
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rabbitfoot
Veteran |
13-Jun-2011 15:16
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Super News just out from the oven for full time trader : Possible award of PTTEP’s Zawtika platform project Source: Company, DBS Vickers LOI awarded to SMM’s SMOE and Saipem, worth under US$600m. PTTEP has awarded the SMOE-Saipem consortium a LOI for the large central processing platform, worth under US$600m. The work scope of this project will include the fabrication and installation of 20,000 tonnes of platform topsides and an 18,000 tonne jacket. This will be used on PTTEP’s Zawtika natural gas development in Block M9 off Myanmar. According to industry news publication, Upstream,SMOE and Saipem – no strangers to each other. Saipem are no strangers to each other, having collaborated on 8 other projects since 1997, the latest being the Premier Oil’s Gajah Baru project off Indonesia, awarded in May 2009. It is understood that the Zawtika platform fabrication work will be executed at SMOE’s Batam yard and Saipem’s new Karimun SMOE andMeaningful boost to order book. true and a contract materializes, this will provide a meaningful boost to SMM’s order wins, which has to date, been severely
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Hulumas
Supreme |
13-Jun-2011 12:01
Yells: "INVEST but not TRADE please!" |
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Though I have both, frankly speaking. I much much prefer CHINA JISHAN to CHINA GAOXIAN! Especially for its business expansion plan accordingly, rightly, appropriately, legaly, fairly, transparently  and timely go on line with the local Government's finacial and economical programme general guide lines!
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rabbitfoot
Veteran |
13-Jun-2011 11:42
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wow, you must be stage 8 Master now, with your investment in China Jishan. Too bad for me, I have written off my Gaoxian, Hopefully though, it will be back this Aug.
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rotijai
Supreme |
13-Jun-2011 11:34
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hm.. i have been through stage 1 to 5.. i think i am somewhere between 5 and 6.. certainly not quiting but still nowhere near to new beginning..lol
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Hulumas
Supreme |
13-Jun-2011 11:33
Yells: "INVEST but not TRADE please!" |
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It is very good, reaching the more afordable price level , though artificially perhaps! Good opportunity for every one (INVESTORS)to heavily add their holding of such stocks, while its share price artificially severely undeserved low level! CAVEAT EMPTOR.
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rabbitfoot
Veteran |
13-Jun-2011 11:25
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Gee Thanks for the advice. Btw, hows your Jishan getting on ? 
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Hulumas
Supreme |
13-Jun-2011 10:51
Yells: "INVEST but not TRADE please!" |
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At stage 6, I commence turning myself from Trader into genuine Investor, Bingo. . . . . . . . I get the RIGHT answer, and go through stage 7 and on and on, so on!
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rabbitfoot
Veteran |
13-Jun-2011 10:41
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at stage 6 now, still cant quit my mundane job
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alexchia01
Elite |
13-Jun-2011 10:36
Yells: "Catch The Stars And Ride With Them" |
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To be a successful full time trader... you need to go through these various stages. Stage 1 - A New Bight Sky. You know that there are people who made money from the stock market and you think you can do it as well. You open a trading account and start trading the market. You Buy and Sell actions are based on news, magazines and what other people says. Your strategy are from books you read from the bookstore. Stage 2 - A New Frustration. What ever you buy goes underwater and you make a loss in the market. You beginning to think your way of trading is wrong and you start finding other ways to improve your trading success. Stage 3 - A New Hope. You found a trading/investing course or guru that promises you great success if you follow their strategy. You immediately sign up for the course and learn whatever the guru teaches. You are eager to start trading again. With this new found knowledge, you'll not loss again, so that's what you think. Stage 4 - A New Desperation. After following the new strategy, you are still not making money. Worst still, you are even more underwater and losing more than you first stared. You are desperate and confused, you don't know what to do. How to tell your family members that you loss so much money in the stock market. Stage 5 - A New Change. At this stage you have two choices... Call it quit or start all over again. 95% of the people will give up during this stage. The heat is just too much for them. But a few will not give up and they will continue to find the right way. Stage 6 - A New Beginning. You go back to the basics and starts small. You analyze at your own character and develop a strategy that best suits you. You back-test your strategy making sure that it works for you. If your trade fail, you review it and use the new findings to improve your strategy. Stage 7 - A New Freedom. Slowly, but surely, your strategy works. You start making money from the market. Your confident grows and you decided it's time to ramp it up. You increase your trading activities as to fully optimize your success, your wealth grow. You are not scare of market turns because you are ready for them. You have made it! 95% of the people will give up on stage 5. Which stage are you in now? There is no short cuts. Believe me, even when you know this, you'll still have to go through all the stages.   |
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rabbitfoot
Veteran |
13-Jun-2011 10:06
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SembMarine : Big married trade at 5.35 before market opens. Rig contract must be very soon... | ||||
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iPunter
Supreme |
13-Jun-2011 10:05
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Stocks play is all betting...     Thus it is all matter of betting well.               And one must not try to 'beat the market'... |
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Laulan
Master |
13-Jun-2011 10:01
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Could be true of the people who continue to be playing and playing.   People who play once in a while for profits are not included.   I mean people like iPunter, hahahaha
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Hulumas
Supreme |
13-Jun-2011 09:12
Yells: "INVEST but not TRADE please!" |
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I believe, you have gotten the right data, I suppose!
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rabbitfoot
Veteran |
13-Jun-2011 09:00
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SembMArine : Big married trade before market opens in such high price ! What's brewing ! | ||||
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iPunter
Supreme |
12-Jun-2011 19:01
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That is true... and the number can be even higher   if one takes into consideration that human nature is such         that many think to play the market, they must always               be in the market, by either holding on, or trading frequently.                   There are only a few trading opportunities worth entering                         in any month of the year...
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tanglinboy
Elite |
12-Jun-2011 17:33
Yells: "hello!" |
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95% traders lose money! | ||||
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Hulumas
Supreme |
12-Jun-2011 15:27
Yells: "INVEST but not TRADE please!" |
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Wait and see then.
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rabbitfoot
Veteran |
12-Jun-2011 15:22
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Coming week will be crucial, MAKE or Break : ) |
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Hulumas
Supreme |
12-Jun-2011 12:54
Yells: "INVEST but not TRADE please!" |
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Wakarimashita, arigatho!
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iPunter
Supreme |
12-Jun-2011 10:22
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Making money in stocks is only all about       buying low and selling high (capturing profits).             And to do this well, the first requirement is one's flexibilty.                   Flexibility is the direct result of humility (respect the market).                         Any 'combat' with the stock market is just EGO at work. .   |
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