I agree with you that traders and investors are different.

Trader aims for cash flow.

Investor aims for capital growth.

However, you could also be like me.

Mid-Term Traders. I aim for cash flow as well as capital growth.

Well, if someone ask us for advise, we give our honest advise.

If they don't ask, we don't give.

But if we think the right thing to do is to cut loss, we give the cut loss advise.

Ultimately, they must do their own analysis and make their own decision.

There is no point talking about "what if".

Like what you said...

What if they cut loss and the market goes up, how would they feel? But...

What if they don't cut loss and the market crash, how would you feel?

Jackpot2010      ( Date: 02-Jun-2010 10:51) Posted: I believe ur intention is good but never advise ppl to cut loss bcos money is from their pocket not yours. How u feel if the mkt shoot up instead of crash. Your conscience will haunt u or not. In real life no one can predict so well - whether TA or FA. Even Paulson Hedge fund was top loser during May sell down - down 7%. susan66      ( Date: 02-Jun-2010 00:01) Posted: Yes, this game is quite tricky but if you are able to be sensitive and alert to the market sentiment and respect it, then you can be a winner. Sometimes even if you know it's going to reverse, you still don't act according to what you think. Today advise my colleague to cut her shares when market is better in the morning, but she says still did not breakeven yet. I reminded her of her past experiences where she waited for 1 more cent to sell and in the end the market reverses so fast and she take no action. In the end, there is a very big hole!   I keep telling her today must cut all if possible but she replies "ok lah ok lah" and take no action, frustrated because it already drop like waterfall. Repeat same mistake again, no choice!

But I think you missed the whole point of it...

You yourself may be a rich man,

thus you are not a newbie who needs such guidance...

If your posts mislead innocent newbies to think that they can be a rich like you by playing shares,

then it's too bad.

If you read Alexchia's post below, you will find that it is true

in that it requires skill and experience to be ahead of the market (profitable).

Stock trading and investment is a tough challenge for everybody...

And that is precisely why so much skill is required to deal with it.

But the skill is all worth acquiring.

Trade. Be Happy.

Win. Even Happier.

Lose. Be Sad, Learn, Then Be Happy.

Next Trade. Be Happy.

The company you Brought is not a good company.

A good company will not ask for Right Issue when they loss money.

A good company will not increase their management's payroll significantly when thy make money.

You have to learn how to analyze and pick a good company, instead of blaming the market.

A good company has a couple of threats.

1. They will make money consistently over years.

2. They will have good corporate governance and good investor relations.

3. Their activities will increase the company's value in the long run.

When you Buy a company, it should be based on careful analysis and strategy, but by luck.

We are all gamers in the stock market, but there are experience gamers and amateur gamers.

The experience gamers can break through all levels. They are so good that they almost never die.

Amateur gamers get killed in the 1st few levels, but if they continue to play, they will eventually become an experience gamers.

How many amateur gamers do you know that actually became an experience gamers?

Very few, less than 10%.

But this 10% makes 90% of the profit.

You should try to become an experience gamer as fast as you can.

I believe both are valid points...

traders / investors (holder for cash),  are different... i think even if stock price drop 10%, but company still pay same dividend, why not hold it? after all, when market bad, interest rate drop as well, no point keep in bank. Who know bank would bankrupt or not... unless government declare 100% guarantee again.

alexchia01      ( Date: 02-Jun-2010 11:44) Posted: I disagree with you on this. I make money and I believe many experienced traders and investors also make money during this market. If you are a Small Fish than follow the Big Fish, Don't swim in front of them and get eaten by them. In stock market, you follow what the Big Players do. They Buy, You Buy. They Sell, You Sell. Don't They Buy, You Sell. They Sell, You Buy. senecus      ( Date: 02-Jun-2010 00:08) Posted: No matter how experienced the investors and punters are.......they are not able to win money in this market. Too many big fishes in the ocean.......small fishes getting scarce......big fishes are eating one another.

I disagree with you on this.

I make money and I believe many experienced traders and investors also make money during this market.

If you are a Small Fish than follow the Big Fish, Don't swim in front of them and get eaten by them.

In stock market, you follow what the Big Players do.

They Buy, You Buy. They Sell, You Sell.

Don't They Buy, You Sell. They Sell, You Buy.

senecus      ( Date: 02-Jun-2010 00:08) Posted: No matter how experienced the investors and punters are.......they are not able to win money in this market. Too many big fishes in the ocean.......small fishes getting scarce......big fishes are eating one another.

I support the idea of "happy on losing money"

We must encourage people that willing to donate money to others... although SGX is not a place for charity...

iPunter      ( Date: 02-Jun-2010 07:24) Posted: That's not completely true... and which needs to be qualified and expanded. *No one can be 'happy' losing money (even if it is a small amount). The degree of sadness or disappointment depends solely on the magnitude of the loss... Thus, a person losing say $100,000 is comparably 'sadder' than when he/she loses say $1,000. Thus, one must not be 'happy' when one loses money... Rather, one must explore and discover the underlying reason for the  loss...

I fully agree with what you said.

And your smileys are always a joy to see...

susan66      ( Date: 02-Jun-2010 01:13) Posted: You're right, they won't understand, anyway money is theirs. Difficult to communicate with those who does not understand TA, they feel that we are funny people doing funny things, always opposite from others. After they lose a bomb, they will say that you are right but the next day will forget all about it. They always think that it's based on "luck" or "feeling" and never think what their mistakes are. To conquer the "market beast" we must respect it and know what we are doing and admit it when we are wrong (but first must know it when we are wrong, some still blur when they make mistakes). We must trade when there is a trend, either up or down. Nowadays no trend, anytime will give us big surprises! iPunter      ( Date: 02-Jun-2010 00:23) Posted: It's no use to suggest to your friends what to to. (They are afraid of loss, thus they will not understand why one must 'take a loss'). It is much better to get to know the market beast intimately... Then when one has a reasonable feel of its inner workings, one stands a good chance of hitting at least a few home runs... And from my experience, it's always the infrequent home runs that will bring in the big profits which will even very satisfyingly negate the many small losing trades made...