
iPunter ( Date: 23-Mar-2008 13:00) Posted:
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iPunter...I noted that you are a cash-online person now.
Whenever you see cash, you will immediately post online....
iPunter ( Date: 27-Mar-2008 11:38) Posted:
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scotty ( Date: 27-Mar-2008 11:44) Posted:
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would have to agree with ipunter on this, actually.
that's why i'd choose to play only warrants at pivot points, and stocks within the trend--meaning, after the event (the turning point) has occurred, then i'd play stocks.
ie, for stocks, play an uptrend within an uptrend. (short up on a long up, rather than short up on a long down).
This is to maximise benefit.
Rule of thumb tho: because it is speculative action, one has to cut as fast as possible if the direction proves otherwise from your expected one.
Will also say tho, that many have their own ways of playing; and neither's right nor wrong. As long as one makes money. That is all that matters.
stupidfool: long term players do make money; but this is not the time yet for them. In a volatile market, it is traders who make the most, because it is volatility which we thrive on. Longterm investors are after stable, slow growth. That's not for this current market.
iPunter ( Date: 27-Mar-2008 10:29) Posted:
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Not qualify to give advise but just sharing:
Due to the present volatile/uncertain mkt, may be more risky to keep LONG.
From all the experts,incl,ipunter,cashiertan,elf,sporegal,it seems the oni way to make $$$ from the sharemarket is by trading and speculating.And not to hold long,lonnnnnng type.
Not just trading but also must know TA.
Is this the only way to make $$$ from the share market,please advise cos i am not so clever.
hmmm...suddenly saw the STI had a steep inclination upwards...just curious if today will see once again it hit above the 3000 level briefly or not
iPunter ( Date: 27-Mar-2008 11:38) Posted:
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I believe this will turn out to be valuable.
(But of course hot headed people will not see reason)...
If I make myself a simpe punter, then all my hard work in studying speculation psychology and technical analysis through the decades will have been wasted... hehehe...
who cares abt events? just trade according to your plan.
if you are just speculating on the direction or events. you are nothing more than a punter.
depending on your luck, nothing else. and your chance of winning is always below 49% just like in casino. (excluding your luck factor)
As I had posted in an earlier post, a trend is clear only after the event.
That is to say, when a trend is apparent, it already may reverse any moment.
Thus, a 'trend' must be pre-empted by speculative action.