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Thanks a lot for your advice.
Because I have not trade since 2009 and i recently followed a tip and got around 15k profit with 50k capital within 2 mth so im just curiously if experience traders/remisier can hit 100% profit within 6 mths.
(29-05-2014, 11:10 PM)Bibi Wrote: (29-05-2014, 09:20 PM)safetyfirst Wrote: (29-05-2014, 09:00 PM)koh0222 Wrote: If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Can consider using some common sense.
Say you can earn 100% profit in 6 months, so every 6 months you double your money. In 5 years time, you would have doubled your money 10 times. Your 50k would have grown to more than 50 million.
In the newspapers, you always see people who claim to have some trading secrets but how many have assets of 50 million? Only fools believe them and sign up for their expensive seminars for some trade or proprietary secrets Err I think he only ask for 3 to 6 months time span. It's possible but on the 7 to 12 mth, u might loss it all. . The confidence should be 90% during the trough of the recession.
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(29-05-2014, 11:42 PM)koh0222 Wrote: Thanks a lot for your advice.
Because I have not trade since 2009 and i recently followed a tip and got around 15k profit with 50k capital within 2 mth so im just curiously if experience traders/remisier can hit 100% profit within 6 mths.
(29-05-2014, 11:10 PM)Bibi Wrote: (29-05-2014, 09:20 PM)safetyfirst Wrote: (29-05-2014, 09:00 PM)koh0222 Wrote: If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Can consider using some common sense.
Say you can earn 100% profit in 6 months, so every 6 months you double your money. In 5 years time, you would have doubled your money 10 times. Your 50k would have grown to more than 50 million.
In the newspapers, you always see people who claim to have some trading secrets but how many have assets of 50 million? Only fools believe them and sign up for their expensive seminars for some trade or proprietary secrets Err I think he only ask for 3 to 6 months time span. It's possible but on the 7 to 12 mth, u might loss it all. . The confidence should be 90% during the trough of the recession.
If you think trading is about quantum size of $ and % of profit, I guess this forum is really not for you. Much of the successful traders I know do not punt for the money. They enjoy most while getting a correct call.
This forum key attribute is to shares insights and information on company books and how various people conduct their due d. on individual co. if you cant get the foundation right. Then don't start calculating your fruits.
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[quote='koh0222' pid='84404' dateline='1401378145']
Thanks a lot for your advice.
Because I have not trade since 2009 and i recently followed a tip and got around 15k profit with 50k capital within 2 mth so im just curiously if experience traders/remisier can hit 100% profit within 6 mths.
congrats to your winnings. It's quite impressive in relative terms. My advice is you can try to make the winnings consistent so you can appreciate the beauty of value investing. Don't mind sharing with the buddies here which counter you bought? sharing the fruits is a beauty too. [WINKING FACE]
😇天堂与地狱😈就在当下
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(30-05-2014, 06:39 AM)Life is a game Wrote: [quote='koh0222' pid='84404' dateline='1401378145']
Thanks a lot for your advice.
Because I have not trade since 2009 and i recently followed a tip and got around 15k profit with 50k capital within 2 mth so im just curiously if experience traders/remisier can hit 100% profit within 6 mths.
congrats to your winnings. It's quite impressive in relative terms. try to make the winnings consistent while learning to appreciate the beauty of value investing. Don't mind sharing with the buddies here which counter you bought? sharing the fruits is a beauty too. [WINKING FACE]
😇天堂与地狱😈就在当下
😇天堂与地狱😈就在当下
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What ever that can make ur boat cruise on, use it. Last time i also think that traders are lamers. Have to be open minded. End of the day their aim is to profit on difference. They get wht rhey wanted.
Getting 100% is perfectly possible.
Maybe a few out of the hundreds trader will be able to. But what makes u become those few? I u have to ask, then probably ure not , yet. If answers are so available, every 1 would be trader. Value investing will be extinct.
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(29-05-2014, 11:42 PM)koh0222 Wrote: Thanks a lot for your advice.
Because I have not trade since 2009 and i recently followed a tip and got around 15k profit with 50k capital within 2 mth so im just curiously if experience traders/remisier can hit 100% profit within 6 mths.
The question to ask yourself is why did you stop trading in 2009 when it is so easy money. Got burnt right? The problem with trading is that it is not consistent. one day you can make a lot and the next you lose it all and more. Statistically only a few % can make money. Even the great Livermore was broke twice and didn't die as a billionaire. Traders are casinos potential customers as they need the regular adrenalin fix.
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I second Jacmar.
Even few dollars of bet can generate a win-fall, too.
#1. is this repeatable?
Most people will think it is repeatable and so am I.
A. get a tips
B. make a guess, ops, I meant detail analysis (pai say).
C. take action (buy/sell lar)
==> double digits return in 2 months
#2. Is this really repeatable?
Well, some people still think that it is repeatable.
However, they are a little bit more theory type of people:
A. get a *reliable* tip or at least a tip from *reliable* source. by this, I actually exclude EVERY TIPs I gather from blog, forum, chat room instantaneously.
B. This stocks must already in my watch list aka past all the fundamental analysis. I'm just waiting for the catalyst. An excellent example is blog, chat room or forum like VB.com.
(did you noticed my signature changed?)
It had been demonstrate that when a stock is mention in this forum, the result is (fill in the blank yourself).
What a great discovery! (my sentiment lar- no statistical proof)
C. Action was either taken or swiftly executed. Either I would had already brought the shares earlier on or immediately react and brought some before the tips become well know the the public.
Of course, it's a trading plan, so the technical analysis plays a big part in entry/exit price.
==> again, another brilliant double digit profits within a short span of 1 month.
#3. Is this *really* *really* repeatable?
no
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Everything can be calculated. Who is the next president? When will the next typhoon season come?
We look at history and currnt numbers/data to predict the future.
I dont see why traders cant do that. Lets not talk about statistically how high % of trader fail. I believe value investors do have its fair amount too.
I hope its okay to discuss trading topc in this forum. ^^
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(29-05-2014, 11:10 PM)Bibi Wrote: (29-05-2014, 09:20 PM)safetyfirst Wrote: (29-05-2014, 09:00 PM)koh0222 Wrote: If you have capital of SGD50k, how confident are you in earning 100% profit in 3-6 months trading in SGX?
Can consider using some common sense.
Say you can earn 100% profit in 6 months, so every 6 months you double your money. In 5 years time, you would have doubled your money 10 times. Your 50k would have grown to more than 50 million.
In the newspapers, you always see people who claim to have some trading secrets but how many have assets of 50 million? Only fools believe them and sign up for their expensive seminars for some trade or proprietary secrets Err I think he only ask for 3 to 6 months time span. It's possible but on the 7 to 12 mth, u might loss it all. . The confidence should be 90% during the trough of the recession.
Err... How do he ensure that he will start right on the winning "3-6 months", rather on the losing "7-12 months"?. That is market timing, which is highly uncertain, IMO
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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(30-05-2014, 08:31 AM)jianjian Wrote: Everything can be calculated. Who is the next president? When will the next typhoon season come?
We look at history and currnt numbers/data to predict the future.
I dont see why traders cant do that. Lets not talk about statistically how high % of trader fail. I believe value investors do have its fair amount too.
I hope its okay to discuss trading topc in this forum. ^^
Well, if the discussion is trading vs value investing, I don't see why not to continue as educational thread.
Regards
Moderator
P/S: as personal level, I don't undermine the merit of trading, but I do doubt on the return in long term.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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