Hi everyone,
I am in stock market trading for around 1 year but I still consider myself as a newbie because I am getting started and hope to become a great stock traders in the future. I want to earn more money to buy properties as investment.

1. Could you please share with me your stock trading experience?
2. How much money you get started?
3. How successful are you now?
4. How many years of trading?
5. Anyone make a lot of money from stock trading?

A lot of people say that investing in stock market is gambling. For me, it is not a gamble. I read quite a lot of books about stock trading, fundamental and technical analysis. I learn and read Warren Buffett investing technique and I learn how to trade.

Is stock market a good way to invest?

The topic carries no meaning for any understand on stock market front, it is more about personal issue instead of stock market related issue.

1. People's experience occassionally being shared at stock market thread if one follows the thread.

2. Doesn't it matter? A person may start at 1,000, B person could start at 1 million, so what's the point of knowing it?

3. Wrong question, successful in term of what, gain money? Gain 10%? Gain 100%?
I might gain 7% from the stock market annually, I consider a successful investment because it yield 3x FD is offering.
While the other gain 10% consider it is not a succesful trade. Success is the wrong word to use in investing. Investing is on going process, that's no end result liek score card that getting 80 points then it is an A, successful.

4. Does it matter?

5. Does it matter? People surely gain lot of money in bull market, while lose in bear market even Warren Buffett also registered negative return in bear market.

A person can be earning big or fortune from stock market, B person can lose his/her pant in the stock market. So tell me, is the stock market a good investment target? How to answer it?

No offence, just the question asked is trivia or none related issue in stock market discussion.

Cheers.

Why do you want to compare with others? What you need now is to LEARN more about stock market investment rather than asking about the experiences of others. What have you got to gain through this?

For the sake of 'entertaining' you, here are my answers.

1. I have been trading since 1999, gone through 911, dotcom burst and the recent subprime crisis. I have rode the post 1997-98 crisis boom and the 2006 bull.

2. I started with only RM20,000 of my own savings.

3. My monthly income from my investments can get me a Myvi now.

4. If you know Mathematics, 2009 - 1999 = 10 years.

5. I can only buy a Myvi. If I made a lot from my investments, would I be lurking here now?

Learning only about the theories won't get you far. Stock market investment is not something you can learn off the books or some seminars. It is all about the experience and common sense. One may be able to answer any questions regarding stock market, but put him in the real trading world, he's lost.

I'm also a noob but I want to give my opinion too!!!

You said you want to earn more money in the stock market. Who doesn't want that? EVERYBODY wants to become rich from investing in the stock market. If that is so, why do you have winners and losers? Why do you win some days and lose other days? To me, whether you earn or lose money depends on various factors including luck (very important!), timing of entry into the stock market, selection of counters, short or long-term investment, your risk appetite and most importantly (to me anyway), self-control (as in NOT being greedy).

Yes, you can earn 100k in 2 weeks but you can also lose 200k in half that time! If you are more careful, more discipline, have a lower risk appetite and control the "greed" that seems to creep up quite frequently in everyone of us, you'd have a better chance of earning money rather than losing it, generally speaking, that is. Of course, if you caught the bottom, then you'll be rich no matter what.

I only have 8 months of trading experience so I guess my experience is not relevant. However, for me, my risk appetite is very low and I consider the stock market "high" at the moment. I'm waiting for the last big dip before I make the final plunge. However, the bull may continue on and on (and on and on) and never stops running, which is too bad for me as I'm not really riding it (I only have some turtle stocks as I sold of the rest of my stocks). Which doesn't really bother me as I told myself to keep out when the market is high (itchy fingers not counting ) and am prepared to miss the biggest baddest speed boat! (as it is now, I already missed the recent bull run as I sold off most of my stocks along the way)

Is the stock market a good way to invest? IMHO, it all depends on you.

Just my 0.0002 cents.... sleepy... can't think straight.....

Cherroy & Jordy are rite.

I start with $7400 with 9 difference counters holding tight. U may ask how ? i start buying those super cheap counters (prize per unit at 0.0xx kinda of stocks). Nah those stocks any time kena PN4 & a few in PN17 - but my holding okay . I read some seniors posting in LYN for knowledge. Right from dividend to strategy of investment. I don't engage Remisier. In my early days a remisier told me to save that 7400 (laugh) . Be patience.

I understand u want exchange knowledge. As Ah Chuan said 'a hero need a hero to exchange sword skills. If a hero killed other hero, he does not know he is the grand master'.

Be patience and good luck.

- I started with unit trust, Public Islamic Asean Dividend fund PIADF @ March 2007. I'm still holding on to it now

- I started buying my first stock via CIMB click@ July 2007... my first stock bought was either ATRIUM reit or GPA (which is making a loss now.. hahaha)

- 2 years experience in Stock market and very happy with my return now.

i can recommend you to someone that has traded over 20 years in KLSE, he should be able to give some real experience advice. but im not specialised in stock. lol

A2: Initial model is RM 50K
A3: Don't know.
A4: 1 year
A5: My ROI is double digit.

To me, I separate my portfolio into two part, 50% is for trading (capital gain), 50% is in dividend yielding counter. One word of advise, the money you put into Equity should not come out of your reserve fund.

Xuzen

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Added on July 28, 2009, 1:32 pmNeo is King of REITS.

Xuzen

This post has been edited by xuzen: Jul 28 2009, 01:32 PM

Xuzen,

I just have huge portfolio in REIT lor.. not a king..

I am in the stock market...i personally think that u must have additional money in order to invest in stock market.....do research on the stock market b4 u invest.....buy buy chips...good.....

For me it is a Yes. I sucks at real estate; I don't know forex and Mutual Funds are boring.

Xuzen

1. The stock market is a place where investors and gamblers get together. Don't let your emotion control you.
2. I started with RM7,808 and I have added in more money over time.
3. I made some profits (by investing), and also made lots of losses (by speculating).
4. About 8 months.
5. So far, my gain is about 1% of the total money I have invested.

Referring to 2,3 and 4. Try not to benchmark or compare yourself with other people. Different people have different risk appetite and will invest differently.

Is good that you're reading up on stock trading. Myself read alot of books on fundamental investing. If I had stuck to fundamentals from Day 1, my profit would have been at least 15% now. I got carried away by market emotions, and got greedy. I speculated on non-fundamental counters and made losses. Going fundamental is the correct way to invest for the long-term. Good luck.

true story;
i started picking genting berhad 10yrs ago and singapore since 2 year ago,
i bought some genting share at 8rm pershare. but i buy them monthly rm 10,000.
and my singapore genting also, i realize i start buying at 0.58, but monthly purchase of singdollar 5,000
so i am using dollar cost average art which i pick up last 10yrs in stock exchange.

i realize i still earn, around 200% from high to low which i consistently buying in at that fix amount. sometime i can change for more share sometime less share due to price fluctuating...

well.. no doubt i have been trying to cut down every entertainment i have.
i think it worth it when i look back. amy be if continue doing it for next five yrs, i will have invested 600,000rm in single stock. which it might go up or down, but i only use my additonal money to invest. apart from all the bills and health insurance.
so if it is good company then it shall keep going up no matter what happen...
at present genting have pretty good news, pound went up good for maxim, and yet to come casino in singapore and also newly acquire 5-10% state in Macau MGM share. and crude palm oil price actually went up with oil acclerated so good news for asiatic.
this shown genting have multi-segment that triving well at present.
it is grandpa stock, most people play swing with this stock as it dont give too much dividend, but it is one damn well manage company if compare to MGM, LVS,...which i have little interest.

I know that this topic sounds a bit weird and not much related to stock market. But for me, this is very important.

I come from a family with not even a member of my family invest in stock market. I am the pioneer in my family to invest in stock market. I started 1+ years ago in stock market.

A lot of my family members are saying:
1. Stock market is dangerous.
2. Invest in stock market = Gambling
3. Stock market is for the VERY RICH. (I admit that is true but I ca start small and become richer.)

For me, I really need some advice regarding investment in stock market. I need to know how successful investors in stock market. How people are doing in stock market. And, how people get started, how much money to get started?

So everyone, I am sorry if this topic is not related to stock market but this topic is indeed IMPORTANT for all beginners to have their Emotion and Mental to get started, to get The Answer to start investing in stock market.

So, all gurus, please guide the beginners. Share with us your thinking, your view on stock market. Let all beginners prepare a GOOD mindset to invest in stock.

Thanks.

Hi sdas86,

In my humble opinion, there are plenty of golds in Bursa waiting for you to dig.

Sound boosting ? Just identify those so called gold ( called undervalued stocks ) and start digging ( buying ) them . Those are the Good future PE cum good dividends stocks. Do your homework well as there is no free lunch.

One stock I can think of at this moment is Bursa, grossly undervalued if Economy picks up ( if you believe so ).

There are many other stocks like Bursa waiting for you to discover.

Do not take my words for granted. Do it DIY method with posting your Q & A in the forum. No matter how naive it sounds , someone would attend to you.

Good Luck to you.

This post has been edited by SKY 1809: Jul 28 2009, 07:44 PM

My family member used to told me like that...

i consider myself as a beginner eventhough i trade for almost 2 years, haven't recover from my loss.
my major loss is from those call warrant. Really push me to hell...so my lil advise is when u do a trading, be cautious of ur trading plan. avoid from those call warrant if u don't know them well. But of course some ppl really make big money from it!!

Hey I agree with u. I made some losses by speculating also b4 this. Fundamental investment approach is the way to profit from the stock market

Hi,
I started for 1 year +. Now, I recover my loss and I earn money from stock market. I never buy warrant because I read Warren Buffett books teaching me to buy only the mother share. Do not buy stocks that we don't know. Since, I don;t know warrant, so I don't buy them.

I only buy those stocks that are very popular and famous such as GENTING, AIRASIA, IOICORP, BJTOTO, MAYBANK and more.

In the other books I read, it mentions that we can buy and hold stocks for long term if it pays good dividend. So, I choose those with good dividend.

Never buy warrant if we don't know them.

So far, I follow fundamental analysis and use technical analysis as well. By using fundamental approach, I can know the intrinsic value of a stock and I can trade within the range of the safety zone. Then, I apply technical analysis to trade.

I only started trading stocks few months ago, and I manage to reduce loss and make profit.

1. I would advise you to use Fundamental Approach combining Technical Analysis instead of purely Technical Analysis.

2. I only started with a few thousand ringgit. You can even start with RM2k and split it into two growth stock with good fundamentals. You don't necessary have to buy blue chip or big cap stocks, most of these stock have low earnings growth rate. There are small and mid-cap stocks which have strong fundamentals, and perhaps the potential to be Big-Cap stocks someday ;-)

3. I did made my profit and losses initially due to speculation. But now I'm profiting only.

4. Started around year 2007.

5. If you want to make a lot of money, don't do day trading. Buy and hold good companies. Invest for the long term (10, 20 or 30 years).

I did make some calculation recently. If u discipline yourselve saving Rm200 per month and invest in companies with average 20% EPS growth rate per annum (buy only when they are undervalued), in 24 years you'll be a millionaire ;-)

This post has been edited by DanielW: Jul 28 2009, 08:24 PM

I trade for more than years, almost gone through many cycles, ups, downs, very downs..

Pay a lot of school fees but ultimately learn a true lesson, never be greedy. No matter how much you make according to those gurus mentioned in text books, if you stay at the peak of any cycle, I mean u get caught with all your money in a sharemarket, you are definitely a looser.

My one sen thought. Trade within your means, always stay cautious.

Cherroy always counter questions as if paparazzi are asking lol :-P

1)Know your risk appetite well. (I'm timid, so I prefer stable stocks. )
Do your own research and seek advice.
Alike many LYN members, I prefer stocks with good Fundamental
Missing a boat is better than hopping into a pirate ship (Dont be greedy)
Dont play with things that you dont know

2)Depends on your stock pick. If your capital is low, it is tougher to buy mid/big capital stocks (>RM5.00). Just my opinion.

3)Success in stock is very subjective imo. Personally, I'll be happy if I can have steady gain of 8-9%pa with a fair amount of effort. ie I dont have to stare at the screen every minute, or have sleepless nights after buying stocks, which I think that is not so healthy.

4)Im very green in share market,, DOB June 1 2009.. so take my words with a kg of salt hehe

5)Im sure there are, but I know many of my dad's friends lost a lot...

All the best to every investor in LYN
p/s : my 444th post

This post has been edited by mopster: Jul 29 2009, 12:30 AM

sdas86,

1) I used to trade stocks. Now, I only play with less than 5 % of my portfolio. And, that is GAMBLING.

2) How successful I am??

I succeeded in LOSING 50% of my life savings in Internet Bubble. So, no more stock trading for me.

<<A lot of people say that investing in stock market is gambling.>>

If you CANNOT buy a stock and go to sleep for 5 years, you are GAMBLING.

3) How successful I am now??

I succeeded in LOSING 30% of my portfolio from the LAST BIG CRASH. And, that is a BIG SUCCESS because the whole market dropped 50%. Plus, I do not even care. I sleep soundly over the crash. Let's hope the bear market go on even further.....

4) I do not MAKE money from trading. I LOST a lot of money from trading.

I ONLY INVEST in one counter. The rest is spread on INDEX FUND. I bought 2000 largest public companies in USA and 2000 largest public companies outside of USA.

Dreamer

This post has been edited by dreamer101: Jul 29 2009, 05:39 AM

I agree with you. As long as we make profit, then we should let go. Don't be too greedy.

sdas86,

A new lesson for you. Greedy in our context means chasing speculative stocks hoping to gain most in shortest time possible.

My advice is to read, and then read somemore. Don't get caught up in emotions, trying to get one the boat that promise to move very fast now before you are in a position to understood what is happening. There'll always be opportunities later.

This post has been edited by cic.lemur: Aug 3 2009, 02:34 PM

I don't fully agree on the staement as long as make profit, we should let it goes.

Just like one has bought Pbbank at 8.00, then at 8.20, got profit, so let it goes? So you only earn 20 cents out of it, while after 10 years, it could become 15.00.
Too greedy not good, too short sighted also not good.

It is not like gambling, once gain, cabut already. Unless one treats share market is a gambling table, then different story.

I would say stock also is another asset class one can diversiy into instead of holding cash as FD, or bond etc. It can be another asset class that for long term investment which can achieve through invested in steady, well run/managed copmany which always never disappointed their shareholders one.

Very true. We should not be so short sighted, when we invest, we look at long term picture. Thought I time the market very well, and then end up with tiny gain, compare if I hold longer

Started investing in stocks beginning of this year. Got an online brokerage. I am averaging around 30 - 40% returns. Only invest in 2 counters at the moment. Before this, I only invested in unit trust but the returns are really not that attractive but I still invest for my own retirement, children education and epf. Unit trust I invest on a monthly basis. Stocks only when I have a lump sum to invest and when I find a stock to be at an attractive price.

Hi,
What is the counters you are trading?

I alos want to know the counters that sdas86 is investinbg bcos he has made 30-40% from 2 counters...this is great and the first forumers I seen who made such a huge profit...mind sharing with us your 2 counters

After investing in stocks for about 8 months now, my portfolio gain is a paltry 2.6%, slightly above FD rate. Not enough to compensate for all the additional tension I've been facing.

He mentioned that he started investing early of this year. That means he escaped the bear rally last year. The bull rally started middle of March this year. So, if u started investing early this year and picked the right stock, surely you can profit 30-40%.

Hi,
I think that you misunderstand the conversation, I am not the person making 20 to 30%. It is another person.

So far, I make around 12 to 15% only.