It’s not whether
you get knocked down…
It’s whether
you get up again…
When i saw this is Esso petrol kiosk last mid night, i couldnt agree more.
20090615
“i can be knocked once,
but not twice.
Can be knocked down,
but cannot be knocked out.”
Enjoy your afternoon 
Peter Lynch:
“Absent a lot of surprises,
stocks are relatively predictable over twenty years.
As to whether they’re going to be higher or lower in two to three years,
you might as well flip a coin to decide.”
Bennett McDowell
Compulsive Trading:
Drawn to the excitement of the markets.
Addiction and Gambling issues are present.
Needing to feel you are in the game.
=====
This sounds like me when i traded SGX intra this morning.
| ORDER NO | STOCK SYMBOL | STOCK NAME | STATUS | R | F | BUY / SELL | PRICE (S) | PRICE (E) | QTY (S) | QTY (E) | TIME (S) | TIME (R) |
| 81943 | SGX.SG | SGX | Withdrawn | Buy | 5.07 | — | 10000 | Apr 1 2009 9:01AM | Apr 1 2009 11:19AM |
[4/1/2009](9:13 AM)[Me]: short sgx 513 intra, sl 515
[4/1/2009](9:17 AM)[wst ST Wong]: K Sti from small minus to +4 nikki + 154 and dow future – 83
[4/1/2009](9:30 AM)[Me]: cool. thanks. couldnt get sgx 507 at open, thus, i look 4 intra resis play some fast games.
Straight buy 507 was not done. i could have bought 508, but rather, i looked for resis to short.
short 513 515, covered 515
results of:
- revenge psychology (“bradee helll, didnt get 507, must short it down”)
- trading bad setup (live charts & trade summary didnt display weakness)
- trading against belief (short, even thou i thought today is an up day)
sgx 20090401 5min
Bernard Barach:
“Dont try to buy at the bottom & sell at the top.
It can’t be done except by liars“
Trades are about reward-risk.
We often hear “空口 buy at low, sell at high, he wins all the time”.
Yet, the “best” thing, 空口 often tell you his trades AFTER mkt close.
Sure win!?
Babes, wake up your minds.
Only 2 creatures can do this:
(1) 空口 Con&Go: 空口說白話
(2) 鳥人/ birdman/ jiao lang
They are the same, after all.
You shall know whom i refer ro.
Gary Biefeldt:
You need
discipline,
patience &
courage.
You must have a
willingness to lose.
But a
strong desire to win.
Among the calendars i recevied: AmFraser, KimEng, Poems, i love the one from AmFraser. Simply nice!
Don Hays-
“Emotions Are Your Worst Enemy In The Stock Market”
Perry Kaufman-
“A Small Loss Is Better Than A Big Loss: Don’t Fall In Love With Your Trade”
Back from Bkk Mon midnight,
thou abit busy catching up some works,
very “excited” seeing STI hitting week high 2218 on 20081014
then sliding down, day after day, to week low 1877 today.
sms
[17/10/08](3:23 PM)[Me]: Now s v volatile. 2volatile tat i dare not trade. wahaha..
STI:
20081013 20081014 20081015 20081016 20081017
==========
Happened to read a cnn article, extracted below.
Warren Buffett can afford to have high-end buffet every meals, join him in buying if you in that category.
i can only have “wan tan mee”云吞面 & peanuts, i cannot start buying early.
Will SGX hit $3? Will Wilmar hit $1? Or rather:
Won’t SGX hit $3? Won’t Wilmar hit $1?
A tough yes no, right?
Buffett: I’m buying stocks
Berkshire Hathaway CEO gives advice on how to invest during America’s money crisis in a New York Times op-ed.
David Goldman, CNNMoney.com staff writer
Last Updated: October 17, 2008: 9:24 AM ET
“
Buffett said the fear surrounding the disastrous credit crisis, which has dropped stocks about 36% from their all-time highs set around this time last year, has left equities with attractive purchasing prices.
“A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful,” said Buffett. “And most certainly, fear is now widespread, gripping even seasoned investors.”
“
“
So if strong companies are destined for long-term success, bad news is good news when you’re looking to invest in the stock market.
“Bad news is an investor’s best friend,” Buffett said. “It lets you buy a slice of America’s future at a marked-down price.”
Mappy gave me these, i find them very meaningful. Graphics are cute too, aint they?
i tried to link to the mentioned source, but couldnt find those images there.
Jesse Livermore:
The market does not beat them.
They beat themselves,
because though they have brains, they cannot sit tight.
dedicated to buddy Leon
extracted:
Hong Kong Stocks Retreat to One-Year Low; Cheung Kong Declines
Aug. 22 (Bloomberg)
Asian stocks fell, driving the region’s benchmark index to the lowest since July 2006, after renewed credit-market concerns weighed on financial companies and higher crude prices sent refiners and airlines lower.
Li Ka shing, Asia’s richest man, predicted the credit crunch will worsen
The ”worst is yet to come” from the global credit crunch, Hong Kong-based Li said yesterday, adding that he has turned ”very conservative about acquisitions.” His comments echoed those by Nobel Prize-winning economists Myron Scholes and Joseph Stiglitz, who said yesterday the credit squeeze will inflict more pain on global growth.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aWTU4o6GhEFM
==========
extracted:
Li Ka-Shing Says ‘Worst Is Yet to Come’ in Global Economy Slump
Aug. 21 (Bloomberg)
Hong Kong billionaire Li Ka-shing, who predicted China’s stock market bubble would burst, says the ”worst is yet to come” from the global credit crunch.
”Mr. Li’s views tend to be accurate,” said Castor Pang, a strategist at Sun Hung Kai Securities Ltd. in Hong Kong. ”Looking ahead, signs of a U.S. economic slowdown will become even more obvious. Asia has a high correlation with the U.S., so market performances will likely get worse.”
Sometimes called ‘’superman” by Hong Kong’s media for his investing skill, Li arrived in Hong Kong from mainland China in 1940 and built his Cheung Kong (Holdings) Ltd. into Hong Kong’s second-biggest developer by market value from a company he founded in 1950 to make plastic flowers.
Li’s comments echo those of Kenneth Rogoff, former chief economist at the International Monetary Fund, who said “the worst is yet to come in the U.S.”
‘Must Be a Bubble’
Li, whose company invests in real estate and ports in China, said in May last year that China’s stock valuations ”must be a bubble,” and that prices were likely to decline.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aRc0ddXFGvoA
