If you have 500 to blow, why not? Just for the experience. But if you are hoping to make money, ask yourself how much you can gain with that 500. I can guarantee you it will be less than you work part-time for a few months - and that is risk-free income.

This post has been edited by wodenus: Sep 7 2015, 07:57 AM

If you can make rm50 a year from that you'd be doing very well already

Crazy gamblers

Can't understand this.. what is a good profit if you can't spend it

Yes.. you can't spend your unrealized profit.. it's so weird, like you have money but don't have money

Maybe I'm weird, I think money is something you can spend see let's say I have Rm500 this month, I can spend Rm100 this month (for example.) But if you have say Rm500 paper profit, how do you budget?

This post has been edited by wodenus: Sep 11 2015, 03:24 PM

1. I did once. I had this exact same problem.

2.No I don't usually share any profits.. but all the same I'd like an answer to that because I had this "how much do you budget" problem.

People are going to say I'm "trolling" again lol.. but seriously what is the answer to this? it's like today someone gives you a lot of money, and then you think of the so many things you can buy with it.. but tomorrow he takes it away how do people know how much to spend like that?

Right? what do you do with the paper profit/loss that you have, that is the question.

It's like you have a lot of money.. but you don't. Right?

I think you misunderstand me a bit.. I understand that you can have that.. my question is what do you do with it? I understand what you do with money.. you spend some and save the rest. But what do you do with an unrealized profit?

This post has been edited by wodenus: Sep 11 2015, 04:23 PM

Right? I need to see the point so I'm asking all of you experienced traders and investors.. it always seems as if I'm missing the point somewhere. You seem to make money you can't spend and can lose tomorrow. I'm trying really hard to see why all this is not just a terrible waste of time and effort. I mean, you guys are in it like full time, I just tried it once, and even then it was heavily hedged and I maybe made 6% lol.. there was a lot of studying involved, and then the conditions had to be almost perfect. And even after that there was constant studying and worrying, and reading, and planning, and strategizing, and more reading, and planning, and calculating.. and all I made was 1.8% above FD rates

But at one time yes there was this huge paper profit that I did not know what to do with.. I think at one point it was 20% or something like that. And then I was like "wow.. now I can buy some really good stuff" but it disappeared the next day. Eventually I got tired of all this and dumped it.

And yes I sound like I am trolling again, but I am really trying very hard to understand why this is not just a terrible waste of time and effort. And yes if you are thinking "if you think it is.." well yes but I want to know why you don't think it is.. obviously you get it and I don't.. and I want to get it.

This post has been edited by wodenus: Sep 11 2015, 05:01 PM

When it goes down.. what makes you think it will go up again? what makes you think the market will agree with your valuation?



Then you are incurring a huge opportunity cost right? because you are getting older and that money is not being really productive or anything.



So why did DIGI's valuation suddenly turn bad the day you sold it?

Ok so did you really make money from that?

I knew you would say that.. but obviously people are making more than FD doing this.. otherwise they would not be doing this. But how does this "work" ? what is the "point" of it? why are you doing all this work?

Did he PM you or something?



Right but exchange rate risk now.. cross rate is pretty high.


This post has been edited by wodenus: Sep 11 2015, 05:15 PM

But if the end goal is to make a profit, why isn't everyone in FDs? that's a guaranteed profit.

This post has been edited by wodenus: Sep 11 2015, 05:20 PM

Ok.. so how do you get it right?

So all you're doing is gambling? I can't believe that

Of course.



Was there any reason for FRONTKEN to go up 100%? why would someone buy it at 0.17? What does that someone see in Frontken at 0.17 that makes him want to buy it?



Isn't that like saying if you think it is better to take public transport, you should not waste time learning to drive? even if you take public transport, I think it would be a good idea to learn how to drive. Knowledge is never wasted anyway right?

Sure the risk i can take.. risk is not much to me if there's a return.. but if there is a return. I'm not asking anyone to show me how they make money.. but how they know how much to spend. I understand how salaries and FD works - you get RmX.. you spend RmY.. you save RmZ. Next month, same thing happens

But if you are trading.. you make RmX today.. what is the Y and Z ? end of the month how do you pay your bills?

Yes kind of confused



Not a troll just confused lol



OK but what if you have an emergency (like if your house burns down, or you lose your job in a downturn or whatever?)