T3B , stock market formulas
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do all this kinda formulas, systems, strategies actually work? i am thinking of taking up the course cos i heard quite some about it, both good and bad. i didnt know much and ended up losing more than 50% of my capital in stocks which is more than 5k.
so i was thinking if i should attend this kinda courses and give it a try, i know reading the success stories are all psychological bait, but reading about how someone turned 10k into 6 figure really tempted me a lot...cause that is the figure i started with. and now left with only less than half.
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investing is a game, you lost to greed, ignorance and emotions
learn from your lessons
go read up on investments
the best investors seldom teach
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want to really learn, take up a degree course in finance and investment.
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Originally posted by bladez87:
do all this kinda formulas, systems, strategies actually work? i am thinking of taking up the course cos i heard quite some about it, both good and bad. i didnt know much and ended up losing more than 50% of my capital in stocks which is more than 5k.
so i was thinking if i should attend this kinda courses and give it a try, i know reading the success stories are all psychological bait, but reading about how someone turned 10k into 6 figure really tempted me a lot...cause that is the figure i started with. and now left with only less than half.
what shares did u buy...?
u think shares play play can everyday contra 1 meh...
always remember, in shares, the amount of money u decide to throw inside to invest, be prepared for it to be stucked there or wipe out... in short be prepared to lose the money and heart not pain... -
dunno... bought SPH 2 lots at $4 recently
anyway all those courses bluff one... Just go library and read up many many many books on it. Cheaper and better.
Really many many many many books hor...
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you can learn alot from the courses, but markets don't behave that way.
if you are really keen, i think it's better to take eagle's advice and read up on your own from the library. alot cheaper than what those courses command.
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Originally posted by Rednano:
what shares did u buy...?
u think shares play play can everyday contra 1 meh...
always remember, in shares, the amount of money u decide to throw inside to invest, be prepared for it to be stucked there or wipe out... in short be prepared to lose the money and heart not pain...
contra die very fast.
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Originally posted by bladez87:
do all this kinda formulas, systems, strategies actually work? i am thinking of taking up the course cos i heard quite some about it, both good and bad. i didnt know much and ended up losing more than 50% of my capital in stocks which is more than 5k.
so i was thinking if i should attend this kinda courses and give it a try, i know reading the success stories are all psychological bait, but reading about how someone turned 10k into 6 figure really tempted me a lot...cause that is the figure i started with. and now left with only less than half.
If you intend to become a short term trader, yes, some of those systems and charting techniques can be very useful since they allow you to track market sentiments, volatility and trend. And its possible to just trade only a few hours a day and make more than 100% within a month. Im currently trading also, and so far im up 60% from my base capital thanks to short selling capitaland...lol.
Keep in mind that not all of those systems maybe suitable for you, the idea is that, after you learn the basics, you can develop your own system as well.
But if you are a long term investor, you should be selecting stocks based on fundamental analysis and ignore short term market gyrations. Its ok to suffer a 50% paper loss on your investments, treat it as tuition money. Besides, at this age, you can afford this kind of risk.
If you still feel sore about the paper loss or dont wish to see futher loss, you can consider buying some put warrants to act as a hedge for your portfolio.
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Originally posted by maurizio13:
contra die very fast.
You can always contra using CFD