Window dressing

just another legalized lawless gambling den?

The name "Casino de Bursa" not for no reason.

Legalized, yes. Lawless probably no.
Like some people who like to call the banks legalized Ah Longs. There is always that slanted view.

Happy new year everyone. May you be blessed with green.

noob ques, what are the charges involved to apply ipo?

Apply online thru ur banks

Aiyooo... if punters insist on just betting, surely it is a casino la...

Ah...in the news once more...

https://www.theedgemarkets.com/article/scib...ncial-statement


Could it be avoided?

My answer is a big YES!!!

What is a good strategy to trade stock? I'm aiming 10% profit only per trade

This post has been edited by MasterConfucion: Jan 2 2022, 02:14 PM

Buy low sell high

10% profit...

Accumulated the bets and win 10 in a row = big profit...

That's the dream... but something which is damn difficult to do.



Let's talk reality...

Out of 10 bets... on average, how many times can you win?

As long as 6 out of 10 I'm ok. If not 10% I will also cut profit at 8%. Low profit better than loss. But I need learn how to identify trading stock first. Please teach

6 out of 10 with 10% win margin and a 8% lose margin, that's cutting it close. Not much room for error and circumstances beyond control.

Anyway, if you can produce a 60% win rate, you should be able to pick own stocks comfortably well.

Hehe I'm not saying I can. I'm actually ask how I can do that 😅

Game plans are needed but if the game plan is weak, the game plan is gonna do more harm than good.

Again on the game plan.

Executing the wins at 10% and the losses at 8%... this is much easier said than done and more importantly, the execution depends on each individual as not every1 is the same.

And the obvious is managing the losses at 8%. In reality, many times losses run bigger than desired. One might want to cut at 8% but many times, the execution of the loss management is only done at maybe 10%, 12% or maybe even 15%....

So when one sets it so close (wins at 10%, losses at 8%) ... the losses can easily come out on average 10%....

which doesn't leave much meat in the game plan.

Yeah... one can easily argue, the cut will be strictly at 8%....

but the problem then be the frequency of the cuts.

Trade in markets long enough, you will realise that shakeouts will happen rather frequent. And with a strict cut loss strategy, one runs the risk of cutting way too often. Which means the 6 out 10 win rate could easily turn into a 4 out 10 win rate...

See the problems associated with such a game plan?

Yes sifu hehe. This is my 1st day learning how to trade. My 2022 goal. Will read up more. My time range for a trade I set 1 month maybe lower to 6% profit. Then only see how my performance. Use some money play and see. I also have investment stocks which I see the stock pick is very different.

Dude... don't simply use the word sifu la... and yup, I do have a habit of ignoring those who simply call me that.

Foundations are important...like houses. To built a good house, the house has to be build on solid ground. Hence, you need to (1) understand what kind of trader you are (ie... what's your best trading skillset or perhaps you are better off as an investor etc etc) (2) need to formulate a solid game plan. And to do this, best you paper trade and not trade with real money.

btw.. all those are all simple math and logic reasoning. 6% win is even a bigger no-no. All it needs is a nasty bad trade to wipe out your gains and even worst still, your capital laid out.

The logical solution is the meat. There has to be meat in your winnings. ie. the winning has to be big and meaningful. Fark the kfc wins. That's not winning. Cause by simple reasoning and logic, all it takes again is that one nasty bad trade to make you vomit out all those pathetic kfc winnings.

It is really that simple... Win BIG or don't bother. (but of course, many simply enter trades and get delusional that they can win big on any random trade (and of course they discount all potential risk involved)

Mana billy?

see G running wild once more...

yup... the ex date set for the historical 12 for 1 bonus issue....

Ok don't call u sifu. 😅

Not everyday have the big wins like top glove right. From my recent survey most stocks only fluctuate around 10%. If few days 10% trade profit if good income. That's my newbie thinking hope to get more insights from experienced traders.

If want get big wins need get the early news before crowd comes in. Where do I get the early news? Most of my news come from ppl post and chat in i3 investor. The edge market don't have big enough coverage on stocks.