Lessons Learnt from Stupid Mistake - Share Yours

[Temperament]

start trading in 2008, know nuts of stock market, only know how to compare today price with yesterday last done.

1. Contra NOL and "earn" 1k, thought I got Midas touch and talk about stock everyday.
2. buy Sunvic on recommendation from friend whose brother is a broker. - loss 1k.
3. Go back to NOL, that when the cards start falling. Contra and loss big, had to borrow to pay back. Total retire from stock market.

After attending value investing course in 2013, learn how to read annual report and calculate intrinsic value, been in the black since then.
However, still make minor mistake, like buying 1lot of 2nd chance with $25 transaction fee, ignore reading the detail of annual report.

Lesson Learnt
1. Don't invest money you don't have at the first place
2. Do your own research, don't act from other recommendation.

Hope folks here can learnt something from my case

Cheers

1. Don't invest money you don't have at the first place

Very good reminder.

After so many years in the market, i still have to keep on monitoring consciously my cash flow when investing.
It is even more critical now as i am a "CHIAP KA KEE" now.
In fact, no spare cash, don't even try to invest at all.
Don't believe then try it lol!
Then come back and share your experience with us.
Shalom.