recently i am so so so busy...

busy with meetings ...

school holidays coming :)

give everything behind and enjoy my holidays:)

But most of the time, I am in Starbucks (day or night),

thus I do go to many a lot of places in between...

eg. during lunch-time, market dull periods or when just waiting for my price target to be hit...

Actually I am very busy, alternating- multi-tasking, forumming, shopping, gym etc etc..

kellychang      ( Date: 03-Jun-2010 08:35) Posted: but u got a lot of time for forum :) hahahhhaha iPunter      ( Date: 03-Jun-2010 06:21) Posted: You are right... and newbies should take this good tip seriously before plunging in. As for me, I trade and invest (I do both) in counters based only on their charts, and nothing else, not even the radio. And I have no time to read, or understand, any solid lengthy analysis reports (where got time for that)...

but u got a lot of time for forum :)

hahahhhaha

iPunter      ( Date: 03-Jun-2010 06:21) Posted: You are right... and newbies should take this good tip seriously before plunging in. As for me, I trade and invest (I do both) in counters based only on their charts, and nothing else, not even the radio. And I have no time to read, or understand, any solid lengthy analysis reports (where got time for that)...

Singaporegal does have valid points there. And I fully agree with her on what she has said. Furthermore, if you will remember, she is also a highly respected pioneer in this forum.

And it is definitely true that the vast majority of stock market players lose money, be they 'investors' or traders.

And for all you know...

It may even be common to find successful businessmen and property owners

who use their business profits and rent collections to 'finance' their stock market losses too... 

Nothing personal. though... just an observation...

95% lose because they don't know when to exit their trades. Most people fear to turn their paper losses into reality. So what happens is that people will hold on too long to their losing trades.

The recent Europe crash happened so quickly that many people find it hard to accept and thus wait for the market to rebound. As I mentioned a week or so back, I do not think there will be a quick rebound in Europe anytime soon. Economies, unlike individual stocks, have huge momentum and it takes a long time for things to improve.

For now, the best approach is to stay on the sidelines and wait out the storm.

I encourage people don't gamble.

To me, the stock market is just a "market".

Like the "market", People Buy, People Sell.

If stocks are selling cheap, you buy. If stocks become expensive, you sell.

Like the "market", there are good products and bad products.

I like to Buy expensive high quality stocks, but there are others who like to buy cheap lower quality stocks.

Like the "market", if you don't know what you are buying, you can get cheated by the store owner.

If you don't know the stocks you are buying, then you can lose money to the stock market.

If you don't do any homework, then playing the stock market is like gambling.

Some SUPErR SMART single china guys do this:

They pay $2000 annual fee , go casino almost EVERY day, they get:

1 packet of cigarette, got free drinks , free food (points exchange), got aircon.

They wont stay there long , may be 3 or 4 hours, earn $200 to $300 , then leave.

They claim that their salary $1000 plus or $2000 too little, and , thats why go casino make extra $$ for extra expenses.  They are more than expert to know which games or tables can win money.

Thye might not win every day, but, at the end of the month, the pool of money won thru gambling enough to see them  thru to some luxurious life here in singapore.

Casino lose out to them but, casino can make money from tourists , people like you and me who go there only once in a while........We are the big carrots to the casino.    LOL

iPunter      ( Date: 02-Jun-2010 14:36) Posted: bu yao wan gu piao!... yao wan jiu qu yanding hoa zhe ma li na sha... yi ding wan de tong tong quai quai xixixi... (meaning: Don't play with stocks. Better go play at casino. Sure enjoy more).