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bladez87
Master |
01-Feb-2011 23:43
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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double or losses. your choice
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lookcc
Master |
01-Feb-2011 23:39
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double or nothing...a tough choice???
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lookcc
Master |
01-Feb-2011 23:35
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gd luck 2 u. | ||||
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rotijai
Supreme |
01-Feb-2011 23:24
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like buying toto every week for 20-30 years :D
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lookcc
Master |
01-Feb-2011 23:18
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lots of patience required. | ||||
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bladez87
Master |
01-Feb-2011 21:55
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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a 1 hit wonder, is a lot better than multiple hits trying to achieve the same effect... | ||||
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ic1990
Senior |
01-Feb-2011 21:50
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like what buffett says, " the trick is not doing anything when there is nothing to do" very simple but very difficult :X
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bladez87
Master |
01-Feb-2011 21:46
Yells: "I AM PAPER TRADING AFTER LOSING 5k!" |
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g jie jie. cheer up k? i guess all of us feel the need to trade everyday. which might be unhealthy cause we are finding a counter to trade. like ipunter said, gian gian. even if there is a small possibility of earning, we still take the risk. i guess it is better for us to wait for a very strong counter to enter then avg up like the box theory and also larry livermore method. i realised both of them use the avg up method to be successful.  which is why i am now waiting for the next crash where i can buy banks at $5 then recoup my losses, earn a little capital, then with a clean and fresh mind, to try trading again.
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ic1990
Senior |
01-Feb-2011 20:01
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duno...i duno whter want to get rid of ocbc tmr...china always has a wet blanket somewhere
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rotijai
Supreme |
01-Feb-2011 19:51
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great i learn something as well.. all great sifus... any opinion on GAR today? should i close my position and earn  some lunch $  or hold it over the long holiday? |
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eastcivic
Elite |
01-Feb-2011 19:49
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haha i guess that is why they say there are no free lunches in this world...
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ic1990
Senior |
01-Feb-2011 19:47
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haha...i paid more than my fair share too
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eastcivic
Elite |
01-Feb-2011 19:42
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lol no worries.... you got this lesson FOC..... i paid for this..... :D
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ic1990
Senior |
01-Feb-2011 19:39
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eh i think this is a good concept...before u queue...determine a reasonable stop loss (maybe 5c or so below swing support) if u cant accept losing so much...then dun enter! learnt something new today,thanks! 
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eastcivic
Elite |
01-Feb-2011 19:35
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anyway, cheer up gaecia...... as long as  the loss is not big enough to kick you out of the game,  there is still chance for you to win it back :D stocks don't go up in a straight line... and similarly we can't  be winning at every trade..... :D
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eastcivic
Elite |
01-Feb-2011 19:32
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and with proper money and risk management and trade setups, these losses are fine because losses are small but winnings are big :D
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eastcivic
Elite |
01-Feb-2011 19:30
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every loss provides a learning experience..... :D
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eastcivic
Elite |
01-Feb-2011 19:28
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nothing is wrong with noble.....the only thing that is wrong is us..... we did not set up our trades and/or stoploss  correctly...... over the weekend, i went to study my noble trade again(bought at 2.22, stop loss at 2.17)  and realised that my stop-loss should have been 2.12-2.13, but i did not dare to adjust my stop loss lower because i could not accept a 10 cent loss...... we all knew what happen next, my stop loss got triggered.... well i treat this as another lesson learnt..... when we entered a trade, if the stop loss is too much to bare, then  better for us to skip this trade.....   
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iPunter
Supreme |
01-Feb-2011 19:12
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Your problem has nothing to do with the stop-loss.     Your problem is you are 'gian-gian' to do fencing with  the market...                 ie. you are anxious to make money... 
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icetomato
Elite |
01-Feb-2011 18:43
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Msut regain your composure quickly, Gaecia!
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