Latest Forum Topics / Genting Sing Last:0.765 -0.005 | Post Reply |
GenSp starts to move up again
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junction
Senior |
05-Jun-2012 12:27
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Your main point is people are timing the market? I don think an investor would think like you.  Nobody can correctly time the market all the time.  Worse those who 'play' the market almost everyday are not much different from casino players. but if they can make money, who is to say 'gambling' is not profitable?
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iPunter
Supreme |
05-Jun-2012 11:50
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Sifu is very right...     But there will always be a lot of people playing shares.           This is because people naturally like betting.               The real problem lies in the fact that most people do not treat stocks as betting...                       or they do not want to admit openly that they are betting (ego need),                       And THAT is the very reason why too many lose huge amounts of money... |
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Tomique
Master |
05-Jun-2012 11:41
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There is no sure way of winning, otherwise the market will be full of people playing it. But in a way what you said is not wrong. By right, playing or investing in shares are not highly preferred by the very rich people, especially those who are not running the listed companies.  Experienced or learned from market crashes, manipulations, cheating, rigging, hollow companies, crooked directors, loopholed regulations and misuse and abuse of positions and power by those controlling administration of the markets all these had scared away many super rich from the stock markets.  Many rich people I know shun the stock markets because either they are not gamblers or they have been bitten. |
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iPunter
Supreme |
05-Jun-2012 10:49
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You missed the main point.   The point is people are betting on when the market is 'bad' enough, or have hit bottom,       Many have been betting on it contentiously since it droppped a bit from the highs.         To the contentious, the moment the price is lower than yesterday or last week/ month,                   it is a good investment... But the fact is many would have been wiped out in the process.                         Only those who are already well-off, and do not need money, can survive a prolonged downtrend...      
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Tomique
Master |
05-Jun-2012 10:39
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I am not asserting that Genting means the right shares, but it could be the right shares if bbs think it is already rock bottom. Only then it could be worth investing.  Cheers.
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Tomique
Master |
05-Jun-2012 10:19
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Investment is better than betting.  Buy the right shares and keep as investment. Betting can only make you small money because price action normally is restricted or small range based before the bet is be contradicted. You buy and contra to make or lose.  Betting is not profitable in the long run while investment could be more profitable as your capital grows.  There are risks of losing in investment too, but if you buy when the market is bad, it is usually profitable later on.
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iPunter
Supreme |
05-Jun-2012 10:10
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In stocks betting, we should not being bearish or bullish per se...  No one can predict.     Rather, knowing the nature of the game, we should concentrate on good positioning.         Good positioning will minimise losses when they come. But being human, most               will choose to be contentious instead (ie. ego need to prove oneself)...   |
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Tomique
Master |
05-Jun-2012 10:07
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Right now the crazy seller just had too many shares to sell. He just want money.. he doesn't want shares.  So we have to wait for him to exhausted before we can hope for Genting to make a run up.
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Isolator
Supreme |
05-Jun-2012 09:51
Yells: "STI is hard landing to below 2000..." |
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Everyone want to long at low.... but how many actually manage to get it..... There is limit the price will go down in Uptrend.... Once it hit, the rebound will be strong.....  Enter a trade is easy, but exit is an art...... Be prepare for the surprise rally..... |
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Tomique
Master |
05-Jun-2012 09:47
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Poor Genting! The charts are in terrible shape or rather in disarray and unkempt. Hohoho. Too big a gap to make a difference if it wants to turn bullish. Can it move up by 10 cents in one go? Impossible. So only either sell or hope it maintain status-quo until the right time.Hard to huat. Lol. | ||||
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iPunter
Supreme |
05-Jun-2012 09:24
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I am thinking along the same lines as sifu too...   That's why I intended to enter a bet to long it @1.30 .         In stocks, waiting is also an act of  investing...
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Hawkeye
Veteran |
05-Jun-2012 09:20
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Expect GenSp net profit to go lower in 2Q12 Target Price 1.29
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iPunter
Supreme |
05-Jun-2012 09:08
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As long as one treats the stock market as just a casino, or a beast,   one should be all right in the end. But the problem is that people don't...           And they treat the stock market as their benevolent uncle or friend ... lol...     |
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JUNWEI9756
Supreme |
05-Jun-2012 00:31
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SIFU ONLINE FCUKING URGENT PLS !!!!!! | ||||
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Isolator
Supreme |
05-Jun-2012 00:20
Yells: "STI is hard landing to below 2000..." |
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If one always want to win the markets, then I am sure you will end up losing qll..... If you can't even can survive in the markets, why talk about winning.....  In the past when my capital is low, I can easily gain a few hundred % return of my capital annually... But when the capital reach certain level, the average annual return is around 20-50% annually ONLY.... No longer need to get that  big returns.... Just want  to maintain the steady annual returns to SURVIVE in the markets forever (until I am gone).....  lol
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iPunter
Supreme |
04-Jun-2012 20:19
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Actually stocks play is very simple...     Just buy at floor level, and sell at sky level.             But in practice, people usually buy at sky prices, sell at floor prices... lol... |
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alexchia01
Elite |
04-Jun-2012 20:17
Yells: "Catch The Stars And Ride With Them" |
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Beside ur strategy does not make u survive the stock market forever.
U are just losing slower than others.
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alexchia01
Elite |
04-Jun-2012 20:13
Yells: "Catch The Stars And Ride With Them" |
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I disagree with u.
The objective of a trader is to win in the stock market. If ur objective is just to survive the stock market, u mind as well do other things that can give u regular income. Everyday millions of people are losing billions in the stock market. Where do u think the money gone to? The money are transferred to the minority who knows how to play the market. These people play to win. There are 2 type of people in this world. 1 play to win, the other play not to lose. Which one are u?
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iPunter
Supreme |
04-Jun-2012 17:38
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Actually stocks play not only involves shares and prices...       It i s a profoun activity involving every aspect of the human psyche,             ego, with a whole gamut of human expression... good and bad...  lol... |
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Isolator
Supreme |
04-Jun-2012 17:26
Yells: "STI is hard landing to below 2000..." |
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The objective to be a trader is to survive in the markets forever..... As long as the strategy can make me survive in the markets forever, then it is a Good strategy...... In markets,  I maybe losing now, but may not later on.....  I maybe seeing 6digit red now, but I maybe seeing 6digit green tmr.....  This is markets..... lol |
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