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iPunter
Supreme |
27-Jan-2011 09:57
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You are right... Thus, it all boils down to betting in a systematic manner... But ultimately, it is still betting on the market outcome, regardless of how 'clever' a trading system one uses. In this context, all is just a matter of clever betting...
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icetomato
Elite |
27-Jan-2011 09:56
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kepcorp still strong. wah. | ||||
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iPunter
Supreme |
27-Jan-2011 09:48
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But in spite of what I have said for the benefit of pure newbies... there's a no doubt lot of money to be made in the stock market... provide one's bets are right, and big enough...
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BullishTempo
Supreme |
27-Jan-2011 09:47
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These traders will never be successful. Indecisiveness kills the wannabe trader more than any other trait. Go with the odds, whatever improves your chances. If it turns out wrong, cut losses, and move on. There is no time being wasted on being indecisive or being confused. And today is a no-brainer. With China increasing property down payment, no sane trader will put money on property counters today. Property counters down, Banks will be down, and so goes the STI. Like I said, traders who trade daily think and act differently.
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yummygd
Supreme |
27-Jan-2011 09:44
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ya im just waiting for e burst of e great china. den we can all go la kopi in hell together hahaha but den Ipunter will not cause he knows when to jump out.
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iPunter
Supreme |
27-Jan-2011 09:41
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All traders think the same, be they pro or otherwise... (they too can be confused at times) But ordinary traders trade with their own precious money...
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BullishTempo
Supreme |
27-Jan-2011 09:40
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$15,000 Have to join a security firm first before they send you over. Have to sign a 2-year contract, after which they will return the money to you.
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BullishTempo
Supreme |
27-Jan-2011 09:38
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China property news was released after market close yesterday. How else do you expect the market to react? People who trade professionally for a living simply do not think the way as people who trade on the sideline. Your advice is good for people who trade for fun, but people who trade to make a living on a daily basis do not think like that.
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ic1990
Senior |
27-Jan-2011 09:38
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my virtual optionxpress trading account very green....lol.. wish it was real money though. but then again, the USD/SGD drop like 3% since i started virtual trading US market.
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iPunter
Supreme |
27-Jan-2011 09:37
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Be it one month or one year or more, the same comment applies... because it is in reality a neutral comment, not a biased one... thus there's no 'jumping of gun'...
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eastcivic
Elite |
27-Jan-2011 09:35
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congrats on your OCBC profits..... your hard work and patience have paid off :D
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BullishTempo
Supreme |
27-Jan-2011 09:34
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LoL, the entire year of 2010 only saw STI went up 10%. This is only January. Too fast to jump the gun my friend.
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iPunter
Supreme |
27-Jan-2011 09:34
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Also, when people are confused, or helpless, they will declare it is a 'neutral' market... hehehe... |
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epliew
Supreme |
27-Jan-2011 09:33
Yells: "no worries be happy !" |
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Hi Brother BT, I sold my OCBC... lock in profit first....risk day for any counters..... if got profit cash out first, maybe can enter end of day or tomorrow when prices are right again.... i have got uobkayhian account for US trading.... it seems like the market is getting ready for US to perform especially when obama's positive union speech is bring more promises.... how much is the school fees ?
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iPunter
Supreme |
27-Jan-2011 09:31
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When stocks go up, people will come out and declare it is a bull market... When stocks are down, people will come out and declare it is a bear market. This is pure normal human behaviour....
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eastcivic
Elite |
27-Jan-2011 09:31
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great! means cannotfind and my citi have hope liao! :D
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crystal1818
Veteran |
27-Jan-2011 09:29
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Why trade is called "ghay kiang" (hokkien) huh? How do we know when it's the best time to jump in?
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BullishTempo
Supreme |
27-Jan-2011 09:28
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Just met up with a group of traders last night at the course. Recommendation was to shift some money back to US market to reap the benefits of the QE2. There is also some sort of training conducted in the US, with other traders from Goldman Sachs and Morgan Stanley but have to pay. Goldman Sachs is the most successful investment bank globally. Maybe worth it to pay the school fees.
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eastcivic
Elite |
27-Jan-2011 09:28
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now that it is down, many thinks that it's not good? so it is actually good! ;p
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iPunter
Supreme |
27-Jan-2011 09:26
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Actually, just one news can forever make you tremble on hearing the word 'stocks' again. But that is just to illustrate my point...
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