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STI to cross 3000 boosted by long-term investors
rutheone1905
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15-Aug-2012 13:46     
 
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then u r not 95.88% liao.   in statistic u must compare apple to apple.

u bet $1 to 100 counters, if u r 95.88% then u will win 95 counters liao how can 5 counters make u bankrupt.

when u bet different amount of $ on various counter then ur legendary 95.88% should not stand liao u should take ur overall winning in ur effort over a period of time to compute ur accuracy which in ur below example u r 0% 

risktaker      ( Date: 15-Aug-2012 13:37) Posted:

I can do 100 trade in a month and made 100k but just need 5 trades to wipe out my profit ..... Apple is my example ...... If u hammer big u win big ..... But u lose big too .... If u hammer too big and suay suay those 5 trades all Kenna delist or went diving? ..... I say 95.88% means as long as u profit is win .... Even a dollar is win ..... End of the story is a stop loss is a 100% must for investing stocks and do not over trade ..... Investing in stocks is never 50% if really 50% go casino better .....

rutheone1905      ( Date: 15-Aug-2012 13:30) Posted:

if u know statistic u should be aware that the 5% wont bankrupt u....how to bankrupt if u r 95.88% accuracy......em how huh
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risktaker
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15-Aug-2012 13:37     
 
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 Alert Admin 		I can do 100 trade in a month and made 100k but just need 5 trades to wipe out my profit ..... Apple is my example ...... If u hammer big u win big ..... But u lose big too .... If u hammer too big and suay suay those 5 trades all Kenna delist or went diving? ..... I say 95.88% means as long as u profit is win .... Even a dollar is win ..... End of the story is a stop loss is a 100% must for investing stocks and do not over trade ..... Investing in stocks is never 50% if really 50% go casino better .....

rutheone1905      ( Date: 15-Aug-2012 13:30) Posted:

if u know statistic u should be aware that the 5% wont bankrupt u....how to bankrupt if u r 95.88% accuracy......em how huh?

risktaker      ( Date: 15-Aug-2012 13:27) Posted:

Because u can't doesn't mean there are people who can't win 95.88% of the time .... Haha u have no idea :) but 5% still can bankrupt you though..... If u suay suay go wack a stock like china gaoxian and trading halt ..... Lo
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rutheone1905
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15-Aug-2012 13:30     
 
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 Alert Admin 		if u know statistic u should be aware that the 5% wont bankrupt u....how to bankrupt if u r 95.88% accuracy......em how huh?

risktaker      ( Date: 15-Aug-2012 13:27) Posted:

Because u can't doesn't mean there are people who can't win 95.88% of the time .... Haha u have no idea :) but 5% still can bankrupt you though..... If u suay suay go wack a stock like china gaoxian and trading halt ..... Lol

rutheone1905      ( Date: 15-Aug-2012 13:07) Posted:



if u have more then 50% chance of winning then u should take Ah Long, pawn ur hse, ur car, urself to buy the stock...now better still as u have 95.88% wat r u waiting, u must be the world richest man liao......respect u...." most sensible posts about stocks I have come across here"

finally after so many yrs i come across a GOD. 
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risktaker
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15-Aug-2012 13:27     
 
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 Alert Admin 		Because u can't doesn't mean there are people who can't win 95.88% of the time .... Haha u have no idea :) but 5% still can bankrupt you though..... If u suay suay go wack a stock like china gaoxian and trading halt ..... Lol

rutheone1905      ( Date: 15-Aug-2012 13:07) Posted:



if u have more then 50% chance of winning then u should take Ah Long, pawn ur hse, ur car, urself to buy the stock...now better still as u have 95.88% wat r u waiting, u must be the world richest man liao......respect u...." most sensible posts about stocks I have come across here"

finally after so many yrs i come across a GOD. 

risktaker      ( Date: 15-Aug-2012 12:50) Posted:

It's silly to buy a stock when u only have 50% chance of winning ..... I won't do that ..... Not sure about others ..... If I buy I make sure i am 95.88% chance to winning....
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tedsokny
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15-Aug-2012 13:22     
 
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In Sg buy snacks/ drinks, in europe buy condoms, now in UAE...buy GOLD

 

UAE tourists, investors splurge $7m at gold ATMs



Tourists and investors in the UAE spent nearly US$7m at gold vending machines over the last 18 months, the CEO of the German firm which installed four units in the country, told Arabian Business.

  “Around 17,000 consumers took the chance to purchase gold bars or coins from the UAE gold vending machines,” Thomas Geissler, CEO of German firm Ex Oriente Lux, said in a statement. “Each single purchase had an average of AED1,500 (US$408),” he added.


The Gold-to-Go units, which are covered in 24-carat gold, dispense one, five and 10g bars, as well as 1oz bars of gold. It also tracks the gold price on fluctuating markets with an inbuilt website that transmits the information every 10 seconds, and updates the price every 10 minutes.

Ex Oriente Lux has installed four units in the UAE, at Emirates Palace in Abu Dhabi, at the Atlantis The Palm Hotel and two in Burj Khalifa.

Geissler confirmed that the best performing gold ATM in the UAE was the unit at the ground floor of the Burj Khalifa, followed by the Emirates Palace unit, which was the first one in the country.
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chartreader
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15-Aug-2012 13:21     
 
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 Alert Admin 		Wise people think alike. If the probability to win is only 25%, I might as well play the " Big" and " Small" , the probability is closer to 50% ....

risktaker      ( Date: 15-Aug-2012 12:50) Posted:

It's silly to buy a stock when u only have 50% chance of winning ..... I won't do that ..... Not sure about others ..... If I buy I make sure i am 95.88% chance to winning.....

iPunter      ( Date: 15-Aug-2012 10:38) Posted:



I like this one the most... 

      Because it is one of the most sensible posts about stocks I have come across here...

            You have my full respects, Sir...  Smiley  


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rutheone1905
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15-Aug-2012 13:07     
 
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if u have more then 50% chance of winning then u should take Ah Long, pawn ur hse, ur car, urself to buy the stock...now better still as u have 95.88% wat r u waiting, u must be the world richest man liao......respect u...." most sensible posts about stocks I have come across here"

finally after so many yrs i come across a GOD. 

risktaker      ( Date: 15-Aug-2012 12:50) Posted:

It's silly to buy a stock when u only have 50% chance of winning ..... I won't do that ..... Not sure about others ..... If I buy I make sure i am 95.88% chance to winning.....

iPunter      ( Date: 15-Aug-2012 10:38) Posted:



I like this one the most... 

      Because it is one of the most sensible posts about stocks I have come across here...

            You have my full respects, Sir...  Smiley  


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risktaker
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15-Aug-2012 12:50     
 
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 Alert Admin 		It's silly to buy a stock when u only have 50% chance of winning ..... I won't do that ..... Not sure about others ..... If I buy I make sure i am 95.88% chance to winning.....

iPunter      ( Date: 15-Aug-2012 10:38) Posted:



I like this one the most... 

      Because it is one of the most sensible posts about stocks I have come across here...

            You have my full respects, Sir...  Smiley  


ragmop15      ( Date: 15-Aug-2012 10:29) Posted:



for  stocks it might not even be 50-50. because stock price can go up, can go down, can go sideways or can go bust. so based on the 4 scenarios..a trader has 25% chance of being right with his trade. hehe
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rutheone1905
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15-Aug-2012 12:16     
 
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oh ok i tot u trying to tease ppl.

the main reason is to have our economy self sustaining n lessen impact from exterior situation.   when a county got many smart hardworking ppl, prudent in their spending, huge saving, demure in character n cosmo-politan nature etc, then this country should have as many citizen as possible.

some may say we have no land to accomodate 6mil citizen.......actually i m in another forum for properties investment.   sg may seem dont have land hor......dont be surprised we have lots n lots of land. sg even have many sentosa liked islands to be launched.   if u know the actual size of sg (perimeter) u will know where the land will come from.

so 6 mil, 8 mil no problem we only need quality ppl not some chinese young daughter-in-law tat bring along 2 old folks to stay with our sg men......cheers 

 

TradeChancellor      ( Date: 15-Aug-2012 11:55) Posted:

Real question, not sarcasm. Because its about replacement, when you have 1x shortfall on manpower, you replace with 1x person... Thats why people have been screaming about too many people straining transport, medical services and housing...
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xing78
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15-Aug-2012 12:16     
 
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 Alert Admin 		to put in simple layman term, if you are the chief of army, do you want to have 2M or 200k soldiers fighting for you?

TradeChancellor      ( Date: 15-Aug-2012 11:55) Posted:

Real question, not sarcasm. Because its about replacement, when you have 1x shortfall on manpower, you replace with 1x person... Thats why people have been screaming about too many people straining transport, medical services and housing...
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TradeChancellor
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15-Aug-2012 11:55     
 
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 Alert Admin 		Real question, not sarcasm. Because its about replacement, when you have 1x shortfall on manpower, you replace with 1x person... Thats why people have been screaming about too many people straining transport, medical services and housing...
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rutheone1905
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15-Aug-2012 11:52     
 
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 Alert Admin 		trade, u really asking a genuine question y we need 2 mil ppl or u trying to sound sarcastic?   there is a real reason for 2 mil.

TradeChancellor      ( Date: 15-Aug-2012 11:36) Posted:



Just a little side track, got  a question to ask about Maths. In the year that i was born, there are about 40000 babies, those few years there were +- about 40000 babies. Assuming half boys  and half girls, about 20000 boys and 20000girls. They marry each other (boys marry girls of course).

To replace themselves, the 20000 couples (=40000 people) need to have 2 babies each. If the fertiltiy is only 1.1, about half, we need 20000 foreign  babies every year to add to the 20000 local babies.

In 10 years we need 10 x 20000 foreign babies = 200k babies. Question is : How come we need 2million extra people when its only 200k for 10years for replacment? Is my maths sounds lol....

just a thought for the day....
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TradeChancellor
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15-Aug-2012 11:45     
 
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 Alert Admin 		As comrade Deng Xiao Ping said: " It doesnt matter whether a cat is black or white, so long as it catches mice, its a good cat" .....
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chartreader
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15-Aug-2012 11:39     
 
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 Alert Admin 		I think you do not undertand what I said. nevertheless as long as one's view can make him winning consistently, it doesn't matter if my view is right or wrong

ragmop15      ( Date: 15-Aug-2012 11:13) Posted:



that is based on your own opinion and belief only. so it is subjective in nature...something that cant be measured/proven because different  people have different beliefs and opinion. yes it can be useful to some while it may be useless and disturbing  to others.

but objectively,  the stock price of a blue chip can also go up, down, sideways or bust. this can be measured and proven!   Smiley

chartreader      ( Date: 15-Aug-2012 10:41) Posted:

That assumption is not correct either.
If probability is equally 25% all the time, then the probability of Singtel goes to bankruptcy is equal to some China stock
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TradeChancellor
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15-Aug-2012 11:36     
 
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Just a little side track, got  a question to ask about Maths. In the year that i was born, there are about 40000 babies, those few years there were +- about 40000 babies. Assuming half boys  and half girls, about 20000 boys and 20000girls. They marry each other (boys marry girls of course).

To replace themselves, the 20000 couples (=40000 people) need to have 2 babies each. If the fertiltiy is only 1.1, about half, we need 20000 foreign  babies every year to add to the 20000 local babies.

In 10 years we need 10 x 20000 foreign babies = 200k babies. Question is : How come we need 2million extra people when its only 200k for 10years for replacment? Is my maths sounds lol....

just a thought for the day....
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ragmop15
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15-Aug-2012 11:13     
 
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that is based on your own opinion and belief only. so it is subjective in nature...something that cant be measured/proven because different  people have different beliefs and opinion. yes it can be useful to some while it may be useless and disturbing  to others.

but objectively,  the stock price of a blue chip can also go up, down, sideways or bust. this can be measured and proven!   Smiley

chartreader      ( Date: 15-Aug-2012 10:41) Posted:

That assumption is not correct either.
If probability is equally 25% all the time, then the probability of Singtel goes to bankruptcy is equal to some China stocks

ragmop15      ( Date: 15-Aug-2012 10:29) Posted:



for  stocks it might not even be 50-50. because stock price can go up, can go down, can go sideways or can go bust. so based on the 4 scenarios..a trader has 25% chance of being right with his trade. hehe
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chartreader
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15-Aug-2012 10:49     
 
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 Alert Admin 		Well said

TradeChancellor      ( Date: 15-Aug-2012 10:45) Posted:

The chance of a blue chip going bust is possible but lower probability... perhaps one of the reasons why FOREX is attractive is that a currency is less likely than a company to go bust because for that currency to go bust, means the country is almost bankrupt too... even then, as in the case of europe, the country will  delay that bankruptcy through printing of $.
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TradeChancellor
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15-Aug-2012 10:45     
 
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 Alert Admin 		The chance of a blue chip going bust is possible but lower probability... perhaps one of the reasons why FOREX is attractive is that a currency is less likely than a company to go bust because for that currency to go bust, means the country is almost bankrupt too... even then, as in the case of europe, the country will  delay that bankruptcy through printing of $.
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chartreader
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15-Aug-2012 10:41     
 
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 Alert Admin 		That assumption is not correct either.
If probability is equally 25% all the time, then the probability of Singtel goes to bankruptcy is equal to some China stocks

ragmop15      ( Date: 15-Aug-2012 10:29) Posted:



for  stocks it might not even be 50-50. because stock price can go up, can go down, can go sideways or can go bust. so based on the 4 scenarios..a trader has 25% chance of being right with his trade. heheh

chartreader      ( Date: 15-Aug-2012 10:21) Posted:



if probability is always 50-50, then everybody who has been ahead in the game is just pure luck and I can blindly throw a dart for the next stock to buy ...

doesn't sound correct to me 
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iPunter
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15-Aug-2012 10:38     
 
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I like this one the most... 

      Because it is one of the most sensible posts about stocks I have come across here...

            You have my full respects, Sir...  Smiley  


ragmop15      ( Date: 15-Aug-2012 10:29) Posted:



for  stocks it might not even be 50-50. because stock price can go up, can go down, can go sideways or can go bust. so based on the 4 scenarios..a trader has 25% chance of being right with his trade. heheh

chartreader      ( Date: 15-Aug-2012 10:21) Posted:



if probability is always 50-50, then everybody who has been ahead in the game is just pure luck and I can blindly throw a dart for the next stock to buy ...

doesn't sound correct to me 
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