Don't be discourteous and presumptious...

I don't think you even have the chance to sleep 10 hours during the day... 

Now sit down..

alooloo      ( Date: 07-Jun-2010 10:03) Posted: "not sleeping", is it a form of disorder caused by stock market? iPunter      ( Date: 07-Jun-2010 03:18) Posted: When it comes to stock market psychology, no book can ever beat Mackay's "Extraordinary Popular Delusions and the Madness of Crowds". That's where I learned to worship tulips like gods...  hehehe...

Talking about psychology, this book I have just finished reading is pretty interesting ...

'The Science of Psychology' by Laura A.King

It is used for the NUS psychology module as well. Take a read if you are interested in human behaviour and mentality.

susan66      ( Date: 06-Jun-2010 12:28) Posted: Nothing is FREE in this world. To be the 5% people winning money, must go through years of hard work, not always so smooth-sailing. Cannot slacken a minute, just lazy for a while and you may lose all years of hard work in 1 trade! In terms of priority, must take note of these 4 steps to succeed : (1) Psychology (2) Money Management (3) TA Skills (4) Luck. To get started, we must basically equip ourselves with 3 things : Capital + Tools + Skills. Before you even started trading, must calculate risk & reward first, prepare how much you are willing to lose so that you will be able to "sleep in peace" if any unforseen circumstances happen to your trade. Set cut loss all the time especially for volatile times or trade only when there is a trend. You may have learnt all the theories in the world, but you will always forget and emotions overtake you. Some of us really need a mentor or teacher to guide us through and remind us all the time. I think just depend on reading forums is not enough, must learn ourselves and set up a strategy for ourselves. Some pros & expert's stategy might not be suitable for everyone.

Survival instinct is to go with the tide.

However tempting it may be, stashing cash inside your pillow will not do with all these money printings going on diluting its values, flushing the investing world with liquidity.

Your $1 today is 90 cents in doubling quick time.

This whole money handling, your wealth management is a balancing act ... not do nothing.

Someone mentioned in another thread that the next crisis is in the making ... well then, make hay while the sun shine.

For Short-Term Trading, FA is not important, but TA is important.

For Mid-Term Trading, FA is important and TA is important.

For Long-Term Investing, FA is important, but TA is not important.

Which type are you?

beruangface      ( Date: 04-Jun-2010 23:15) Posted: my good fren told me FA not important, if TA tells u the trend is up, u just hoot, sure win one.. iPunter      ( Date: 04-Jun-2010 22:33) Posted: You are right...  After all, fundamentals rule the day...