Genting Sing
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LoL epliew,
We should meet for lunch one day and discuss why it is better to manage one's money on your own.
Most fund managers actually lose money for their clients than make money.
But thanks anyway for giving me that honour and trust.
I really appreciate it 
epliew ( Date: 10-Nov-2010 18:10) Posted:
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yes, i have been asking him to do that, create a company or join a company as remiser..... we will make him the next peter lim....
hope he does not divorce his current wife and married a mediacorp actress....
Bullish tempo, what say you ?
BullishTempo ( Date: 10-Nov-2010 17:49) Posted:
Yes, nobody can be right 10 out of 10. Not even Warren Buffett. But if a trader can be right 6 to 7 out of 10. He is already a good trader. As long as the 6 or 7 profitable trades more than outweighs the losses on the other 3 to 4 trades. Which is why cutting loss early on losing trades is so important. Cut loss early, so you can use the capital on a winning trade. So the principle is simple. Your winning trades to losing trades ratio should be between 6 : 4 to 7 : 3 If you can improve it to 8 : 2 or 9 : 1 You are a Pro Trader. |
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yes, i have been asking him to do that, create a company or join a company as remiser..... we will make him the next peter lim....
hope he does not divorce his current wife and married a mediacorp actress....
Bullish tempo, what say you ?
BullishTempo ( Date: 10-Nov-2010 17:49) Posted:
Yes, nobody can be right 10 out of 10. Not even Warren Buffett. But if a trader can be right 6 to 7 out of 10. He is already a good trader. As long as the 6 or 7 profitable trades more than outweighs the losses on the other 3 to 4 trades. Which is why cutting loss early on losing trades is so important. Cut loss early, so you can use the capital on a winning trade. So the principle is simple. Your winning trades to losing trades ratio should be between 6 : 4 to 7 : 3 If you can improve it to 8 : 2 or 9 : 1 You are a Pro Trader.
jonasljk ( Date: 10-Nov-2010 17:29) Posted:
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Hey guys, ive been following this thread for awhile and i would like to say a few words.
Firstly, i noticed that many of you guys are overly reliant on BT. every report, every action, every stock, you turn to BT for advice. then what for you trade? might as well start a fund, everyone put money inside and let BT be the fund manager?
an advice is an advice, don't take it too seriously, they are not prophecies. if BT could forsee the future, we would all be millionaiires. instead, use his advice as part of your research, learn to fish and not ask someone else to fish for you. I am sure BT have his uncertainties, risks appetite, strategies and so on, so he can't tell you for sure whether a stock is "good", or will it rise or fall tomorrow etc. What happens if he tells you a stock is good, you bought and it falls big time, are you going to blame him?
i would only say, do your own research. don't expect anyone else to help you, nobody is your friend in the stock market, the market and yourself is your only friend. |
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You will be trading post-earnings as well?
Might be good to take a break before 4Q
iPunter ( Date: 10-Nov-2010 17:45) Posted:
Do keep in touch with your thread here on your smartphone... 
BullishTempo ( Date: 10-Nov-2010 17:42) Posted:
By the way, after GenSp results announcements I am going for my holiday!
Looking forward to it. |
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Tell you lah. Today I never buy more coz planning to clear most this week. Then maybe wait for next sale.
Gaecia ( Date: 10-Nov-2010 17:23) Posted:
okay will hav that in mind. Can u share with us which counters you're placing your faith in?
iPunter ( Date: 10-Nov-2010 17:09) Posted:
As investors and traders, we should not be dealing with analysts and people's reports... We should be dealing with the stock market itself... |
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Yes, nobody can be right 10 out of 10.
Not even Warren Buffett.
But if a trader can be right 6 to 7 out of 10.
He is already a good trader.
As long as the 6 or 7 profitable trades more than outweighs the losses on the other 3 to 4 trades.
Which is why cutting loss early on losing trades is so important.
Cut loss early, so you can use the capital on a winning trade.
So the principle is simple.
Your winning trades to losing trades ratio should be between 6 : 4 to 7 : 3
If you can improve it to 8 : 2 or 9 : 1
You are a Pro Trader.
jonasljk ( Date: 10-Nov-2010 17:29) Posted:
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Hey guys, ive been following this thread for awhile and i would like to say a few words.
Firstly, i noticed that many of you guys are overly reliant on BT. every report, every action, every stock, you turn to BT for advice. then what for you trade? might as well start a fund, everyone put money inside and let BT be the fund manager?
an advice is an advice, don't take it too seriously, they are not prophecies. if BT could forsee the future, we would all be millionaiires. instead, use his advice as part of your research, learn to fish and not ask someone else to fish for you. I am sure BT have his uncertainties, risks appetite, strategies and so on, so he can't tell you for sure whether a stock is "good", or will it rise or fall tomorrow etc. What happens if he tells you a stock is good, you bought and it falls big time, are you going to blame him?
i would only say, do your own research. don't expect anyone else to help you, nobody is your friend in the stock market, the market and yourself is your only friend.
BullishTempo ( Date: 10-Nov-2010 17:15) Posted:
| Should be buy-up not sell-dow |
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Heard something. Genting just bought a property or company or something. Anyone can verify?
Do keep in touch with
your thread here on your smartphone...
BullishTempo ( Date: 10-Nov-2010 17:42) Posted:
By the way, after GenSp results announcements I am going for my holiday!
Looking forward to it. |
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By the way, after GenSp results announcements I am going for my holiday!
Looking forward to it.
What counter it is is not important to me at all...
It can be a 'cats and dogs' counter...
As long as the stock's chart look promising for a trade, I enter...
Gaecia ( Date: 10-Nov-2010 17:23) Posted:
okay will hav that in mind. Can u share with us which counters you're placing your faith in?
iPunter ( Date: 10-Nov-2010 17:09) Posted:
As investors and traders, we should not be dealing with analysts and people's reports... We should be dealing with the stock market itself... |
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I also
BullishTempo ( Date: 10-Nov-2010 17:31) Posted:
I am also taking risks. But I take calculated risks. And I only risk money I can afford to lose. I have half my money in cash in my bank account. So no matter what happens. I am safe.
icetomato ( Date: 10-Nov-2010 17:29) Posted:
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Haha! You need what morale boost?? What you holding now? Olam got improvement last min.. but it's still sell down at closing.
Boost from BT lah. He is the security blanket of Traders' Lounge. |
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What a TSUNAMI day !!! Butterflies in my stomach now , result better be good , for the sake of Charity
Tomorrow is Ox day, hope it will BULL run , Chiong = HUAT AH !!
Genting SP = Phenomenal 
Anyway, congratulations to those who took the Noble buy call.
It was a calculated risk that paid off.
I too made some money out of it.
But it was still a risk when you pressed the "buy" button.
Hope you guys understand the meaning of managing risks.
I am also taking risks.
But I take calculated risks.
And I only risk money I can afford to lose.
I have half my money in cash in my bank account.
So no matter what happens.
I am safe.
icetomato ( Date: 10-Nov-2010 17:29) Posted:
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Haha! You need what morale boost?? What you holding now? Olam got improvement last min.. but it's still sell down at closing.
Boost from BT lah. He is the security blanket of Traders' Lounge.
Gaecia ( Date: 10-Nov-2010 17:20) Posted:
hello! i'm back to catch last 15mins action. AK saw your afternoon posting, hmm all things will come together correction in a bull market is relatively short that's when d stock regears for a longer run. You once mentioned that it is possible for the BBs to stir shit (haha your words not mine ya) at the last leg to earnings run up. It came true and i thought it was frm ur experience and within expectation somewat.
Gee...wat a scary day this is, woke up slightly past 9 to find all my stops hit for olam and gsp. I reckon really bought back gsp too hastily thinking it was mkt opening drama, that ensued the whole day. So well can't load up on olam now frm its action today, let's get over with Gar tmr see how to fight the battle.
tomato, apart frm gsp did u go shopping on other counters? i nd some morale boost Lol |
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Hey guys, ive been following this thread for awhile and i would like to say a few words.
Firstly, i noticed that many of you guys are overly reliant on BT. every report, every action, every stock, you turn to BT for advice. then what for you trade? might as well start a fund, everyone put money inside and let BT be the fund manager?
an advice is an advice, don't take it too seriously, they are not prophecies. if BT could forsee the future, we would all be millionaiires. instead, use his advice as part of your research, learn to fish and not ask someone else to fish for you. I am sure BT have his uncertainties, risks appetite, strategies and so on, so he can't tell you for sure whether a stock is "good", or will it rise or fall tomorrow etc. What happens if he tells you a stock is good, you bought and it falls big time, are you going to blame him?
i would only say, do your own research. don't expect anyone else to help you, nobody is your friend in the stock market, the market and yourself is your only friend.
BullishTempo ( Date: 10-Nov-2010 17:15) Posted:
Should be buy-up not sell-down
watermelon ( Date: 10-Nov-2010 17:14) Posted:
| BT, when u say oh my bad ..... means bad ? |
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Haha! You need what morale boost?? What you holding now? Olam got improvement last min.. but it's still sell down at closing.
Boost from BT lah. He is the security blanket of Traders' Lounge.
Gaecia ( Date: 10-Nov-2010 17:20) Posted:
hello! i'm back to catch last 15mins action. AK saw your afternoon posting, hmm all things will come together correction in a bull market is relatively short that's when d stock regears for a longer run. You once mentioned that it is possible for the BBs to stir shit (haha your words not mine ya) at the last leg to earnings run up. It came true and i thought it was frm ur experience and within expectation somewat.
Gee...wat a scary day this is, woke up slightly past 9 to find all my stops hit for olam and gsp. I reckon really bought back gsp too hastily thinking it was mkt opening drama, that ensued the whole day. So well can't load up on olam now frm its action today, let's get over with Gar tmr see how to fight the battle.
tomato, apart frm gsp did u go shopping on other counters? i nd some morale boost Lol |
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yes yes, i will pray together with u, also holding on to these 2 counters. Hopefully tomorrow morning will CHIONG !
firewood ( Date: 10-Nov-2010 17:25) Posted:
ok la. tonight go pray tua pek gong again. Bless all of us holding GAR and GSP to huat huat!!!
cannotfind ( Date: 10-Nov-2010 17:23) Posted:
| Yes, could have cleared some but after consideration, withdrew.... sighed.... tomorrow result out... I called you Firewall cause I was working on it... kekekek |
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ok la. tonight go pray tua pek gong again. Bless all of us holding GAR and GSP to huat huat!!!
cannotfind ( Date: 10-Nov-2010 17:23) Posted:
Yes, could have cleared some but after consideration, withdrew.... sighed.... tomorrow result out... I called you Firewall cause I was working on it... kekekeke
firewood ( Date: 10-Nov-2010 17:15) Posted:
oops u calling me? No wonder i tot y he short firewall. I tot u clear some positions just now?
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Thank you, bladez :-)
bladez87 ( Date: 10-Nov-2010 17:21) Posted:
o my bad = sorry i made a mistake.
watermelon ( Date: 10-Nov-2010 17:14) Posted:
| BT, when u say oh my bad ..... means bad ? |
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Yes, could have cleared some but after consideration, withdrew.... sighed.... tomorrow result out... I called you Firewall cause I was working on it... kekekeke
firewood ( Date: 10-Nov-2010 17:15) Posted:
oops u calling me? No wonder i tot y he short firewall. I tot u clear some positions just now?
watermelon ( Date: 10-Nov-2010 17:12) Posted:
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Cannotfind , U mean Firewood is it? |
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who has GAR?!
and gen HK!?
both counters sell down damn strongly!
hk only left 8 lots as a wall
and GAR from 9k sell down until left 2k.
