My brothers' brother-in-law keep giving some hints here and there. Like Destini, OCK, literally too much to consider.
If have funds, will try hold some good shares. No funds, have to pray for luck lor.
Bursa Trader V4
Bursa Trader V4
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Apr 4 2014, 06:31 PM
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All Stars
13,484 posts Joined: Jan 2012 |
My brothers' brother-in-law keep giving some hints here and there. Like Destini, OCK, literally too much to consider.
If have funds, will try hold some good shares. No funds, have to pray for luck lor. |
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Apr 4 2014, 06:31 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(andrekua2 @ Apr 4 2014, 06:26 PM) Ah.... I know how it feels.To overcome this, for me, last time, when I was doing fake trading, I would write down the stocks that I like... and I would write down the what ifs... for example... if A moves past 70, then.... or if B moves down 2 sen, then.... I get mentally prepared.... It does help a lot. However, for me, I discovered that active trading is not for me. I am much better player trading over the months. Be more selective and be more patient and once find target, shoot like hell. That suited me. Just sharing la. Might not work for you. |
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Apr 4 2014, 06:32 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(andrekua2 @ Apr 4 2014, 06:31 PM) My brothers' brother-in-law keep giving some hints here and there. Like Destini, OCK, literally too much to consider. Dude, trust me, too much fund does not help.If have funds, will try hold some good shares. No funds, have to pray for luck lor. It only makes you more reckless in the long run. Not enough funds is not an handicap. |
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Apr 4 2014, 06:50 PM
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All Stars
13,484 posts Joined: Jan 2012 |
QUOTE(Boon3 @ Apr 4 2014, 06:31 PM) Ah.... I know how it feels. Fake trading? I did that quite a lot. I think it was effective because no money is involved.To overcome this, for me, last time, when I was doing fake trading, I would write down the stocks that I like... and I would write down the what ifs... for example... if A moves past 70, then.... or if B moves down 2 sen, then.... I get mentally prepared.... It does help a lot. However, for me, I discovered that active trading is not for me. I am much better player trading over the months. Be more selective and be more patient and once find target, shoot like hell. That suited me. Just sharing la. Might not work for you. I asked my brother countless time to buy DiGi from 23-33 but he would not listen. I also ask him to buy Hartalega @7.80 before first split. I asked him to buy Tenaga near RM5.xx Personally, the shares that I like takes very long time and I get impatient at times. I did bought KLK (got some funds before marriage) at 9.xx but after 2months without action, I sold. After that I bought Hartalega at 7.80 and it also stay there for a month or two but sold it as well. After my marriage, depleted all my savings and the two sons that follow did not help as birth complication rob me of my yearly bonuses. I only get some funds to play with after tio 15k 4D. Saved 5k for each son and whatever left just use to trade lor. |
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Apr 4 2014, 07:07 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(andrekua2 @ Apr 4 2014, 06:50 PM) Fake trading? I did that quite a lot. I think it was effective because no money is involved. I took my fake trading very seriously. I asked my brother countless time to buy DiGi from 23-33 but he would not listen. I also ask him to buy Hartalega @7.80 before first split. I asked him to buy Tenaga near RM5.xx Personally, the shares that I like takes very long time and I get impatient at times. I did bought KLK (got some funds before marriage) at 9.xx but after 2months without action, I sold. After that I bought Hartalega at 7.80 and it also stay there for a month or two but sold it as well. After my marriage, depleted all my savings and the two sons that follow did not help as birth complication rob me of my yearly bonuses. I only get some funds to play with after tio 15k 4D. Saved 5k for each son and whatever left just use to trade lor. Nowadays, people refuse to do this. They say waste of time. They rather try with real money. When they lose they call it tuition fees. And they come up with the dumbest conclusion that to succeed in the stock market, is ok to pay lots of tuition fees. I guess they must be all rich man son. Money must be easy. |
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Apr 4 2014, 07:11 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... |
QUOTE(Boon3 @ Apr 4 2014, 07:07 PM) I took my fake trading very seriously. Sometimes hor play on paper different than play with real money....Nowadays, people refuse to do this. They say waste of time. They rather try with real money. When they lose they call it tuition fees. And they come up with the dumbest conclusion that to succeed in the stock market, is ok to pay lots of tuition fees. I guess they must be all rich man son. Money must be easy. When I am playing with stock simulator with virtual money to learn the ropes easy to buy/sell happy happy go lucky. Decision to buy sell can consider on the spot one..easy only... Then when come to real thing playing with money that is accumulated on many years of salary, have to consider 101 things before buy sell. Want to buy or sell have to think and consider many many times especially with large amount involved. From fearless-gung-ho trading in simulation to scared-like-shit in real trading, it is not the same. This post has been edited by gark: Apr 4 2014, 07:15 PM |
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Apr 4 2014, 07:12 PM
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6,356 posts Joined: Aug 2008 |
QUOTE(Boon3 @ Apr 4 2014, 07:07 PM) I took my fake trading very seriously. Maybank Online trading has Stock game..Nowadays, people refuse to do this. They say waste of time. They rather try with real money. When they lose they call it tuition fees. And they come up with the dumbest conclusion that to succeed in the stock market, is ok to pay lots of tuition fees. I guess they must be all rich man son. Money must be easy. 10 time play for 2 month..only 1 time made money...most time i loos money. The one i win most money $$ play play one sen buy lower and sell lowver is Krisasset after IGB listing. |
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Apr 4 2014, 07:17 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(gark @ Apr 4 2014, 07:11 PM) Sometimes hor play on paper different than play with real money.... Well I used no stock simulator.When I am playing with stock simulator with virtual money to learn the ropes easy to buy/sell happy happy go lucky. Decision to buy sell can consider on the spot one..easy only... Then when come to real thing playing with money that is accumulated on many years of salary, have to consider 101 things before buy sell. Want to buy or sell have to think and consider many many times especially with large amount involved. From fearless-gung-ho trading in simulation to scared-like-shit in real trading, it is not the same. Most done in 555 books. Like I said, you must be really serious about fake trading. And yes, you are correct. Fake trading can also be turned into a total waste of time when abused. go makan. |
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Apr 4 2014, 07:18 PM
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All Stars
13,484 posts Joined: Jan 2012 |
QUOTE(gark @ Apr 4 2014, 07:11 PM) Sometimes hor play on paper different than play with real money.... Yes. Money that stained with sweat, blood, semen etc.When I am playing with stock simulator with virtual money to learn the ropes easy to buy/sell happy happy go lucky. Decision to buy sell can consider on the spot one..easy only... Then when come to real thing playing with money that is accumulated on many years of salary, have to consider 101 things before buy sell. Want to buy or sell have to think and consider many many times especially with large amount involved. From fearless-gung-ho trading in simulation to scared-like-shit in real trading, it is not the same. |
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Apr 4 2014, 07:27 PM
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2,081 posts Joined: Mar 2012 |
QUOTE(gark @ Apr 4 2014, 07:11 PM) Sometimes hor play on paper different than play with real money.... Well said, taikor When I am playing with stock simulator with virtual money to learn the ropes easy to buy/sell happy happy go lucky. Decision to buy sell can consider on the spot one..easy only... Then when come to real thing playing with money that is accumulated on many years of salary, have to consider 101 things before buy sell. Want to buy or sell have to think and consider many many times especially with large amount involved. From fearless-gung-ho trading in simulation to scared-like-shit in real trading, it is not the same. Personally I never started off by trading on papers.. I learnt by trading.. |
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Apr 4 2014, 07:37 PM
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Senior Member
3,482 posts Joined: Sep 2007 |
QUOTE(gark @ Apr 4 2014, 07:11 PM) Sometimes hor play on paper different than play with real money.... I have to agree with this.When I am playing with stock simulator with virtual money to learn the ropes easy to buy/sell happy happy go lucky. Decision to buy sell can consider on the spot one..easy only... Then when come to real thing playing with money that is accumulated on many years of salary, have to consider 101 things before buy sell. Want to buy or sell have to think and consider many many times especially with large amount involved. From fearless-gung-ho trading in simulation to scared-like-shit in real trading, it is not the same. Not say simulation trading are useless, but when emotions such as greed , fear and try calm involved is totally different. How one confidence with buying or selling only can be reflected through real money. |
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Apr 4 2014, 07:41 PM
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3,373 posts Joined: Nov 2008 |
I do the old fashioned way, exercise books leftover from many years ago.
I do keep track of my paper trading and yes, I'm still searching my path to make sense of everything. So, I want to climb mountain liao, anyone can point me direction? |
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Apr 4 2014, 07:49 PM
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All Stars
13,484 posts Joined: Jan 2012 |
QUOTE(billy_overheat @ Apr 4 2014, 07:41 PM) I do the old fashioned way, exercise books leftover from many years ago. I only climb Genting Highlands...I do keep track of my paper trading and yes, I'm still searching my path to make sense of everything. So, I want to climb mountain liao, anyone can point me direction? |
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Apr 4 2014, 07:51 PM
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Senior Member
12,534 posts Joined: Mar 2009 From: Penang, KL, China, Indonesia.... |
QUOTE(billy_overheat @ Apr 4 2014, 07:41 PM) I do the old fashioned way, exercise books leftover from many years ago. Mountain Climbing Guide I do keep track of my paper trading and yes, I'm still searching my path to make sense of everything. So, I want to climb mountain liao, anyone can point me direction? |
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Apr 4 2014, 08:08 PM
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Senior Member
3,373 posts Joined: Nov 2008 |
QUOTE(andrekua2 @ Apr 4 2014, 07:49 PM) Genting is not bad too~ some people can beat the odds~ QUOTE(gark @ Apr 4 2014, 07:51 PM) wow nice~ » Click to show Spoiler - click again to hide... « |
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Apr 4 2014, 08:13 PM
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All Stars
13,484 posts Joined: Jan 2012 |
Haha.. I rarely gamble, no luck. Mostly also buy 4D.
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Apr 4 2014, 08:42 PM
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All Stars
15,942 posts Joined: Jun 2008 |
QUOTE(foofoosasa @ Apr 4 2014, 07:37 PM) I have to agree with this. Like I said I took my fake trading really seriously and I spent many years doing it. Not say simulation trading are useless, but when emotions such as greed , fear and try calm involved is totally different. How one confidence with buying or selling only can be reflected through real money. I had to pass the goals I set before I allowed myself to play in the real market. I had to pass certain marks, certain goals. I had to be damn sure. Emotions? never a problem for me. once I passed my goals, emotions was never an issue. Play with real money right off? Ask you this : How many people you know got burned cow-cow in the share market? |
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Apr 4 2014, 08:47 PM
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3,373 posts Joined: Nov 2008 |
QUOTE(Boon3 @ Apr 4 2014, 08:42 PM) Like I said I took my fake trading really seriously and I spent many years doing it. most of them are contra player or utilize their margin account wrongly? I had to pass the goals I set before I allowed myself to play in the real market. I had to pass certain marks, certain goals. I had to be damn sure. Emotions? never a problem for me. once I passed my goals, emotions was never an issue. Play with real money right off? Ask you this : How many people you know got burned cow-cow in the share market? |
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Apr 4 2014, 08:52 PM
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Senior Member
1,087 posts Joined: Apr 2013 |
QUOTE(Boon3 @ Apr 4 2014, 08:42 PM) Like I said I took my fake trading really seriously and I spent many years doing it. i agree with gark statement that paper trading bring less emotion into play.I had to pass the goals I set before I allowed myself to play in the real market. I had to pass certain marks, certain goals. I had to be damn sure. Emotions? never a problem for me. once I passed my goals, emotions was never an issue. Play with real money right off? Ask you this : How many people you know got burned cow-cow in the share market? for the past few years i read newspaper/edge. then i circle the stock which got potential.... but that time know nothing about FA and TA yet, but looking at the past and during the crisis, i predict which company is able to recover faster. and guess what? most stock did went up during that bull run. that is opportunity cost now bull session coming... i guess its ok to play. just let it go 1st before anything happens burned 99? my dad lor This post has been edited by spring onion: Apr 4 2014, 08:53 PM |
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Apr 4 2014, 09:01 PM
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1,693 posts Joined: Sep 2009 |
lol, burn 99 got only one reason. you go into the market because you Fear you cannnot untung while everyone is untung-ing. the fish pond is so big and you thought you would be stupid if you dont go in.
in the end of the day, there is only one reason for us to go into the market - dont lose money, not always untung lol. |
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