http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/ Wed, 08 Feb 2012 04:44:12 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-669 Alvin Wed, 08 Sep 2010 23:10:40 +0000 http://www.bigfatpurse.com/?p=2538#comment-669 Well done Den that you have a method that works in the market and for yourself. THere are many approaches to investing. I, too, do some fundamental investing as well as dollar cost averaging. On top of that, I trade on a time frame of days to weeks. I would say there are pros and cons in each method. Well done Den that you have a method that works in the market and for yourself. THere are many approaches to investing. I, too, do some fundamental investing as well as dollar cost averaging. On top of that, I trade on a time frame of days to weeks. I would say there are pros and cons in each method.

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-2137 Alvin Wed, 08 Sep 2010 23:10:40 +0000 http://www.bigfatpurse.com/?p=2538#comment-2137 Well done Den that you have a method that works in the market and for yourself. THere are many approaches to investing. I, too, do some fundamental investing as well as dollar cost averaging. On top of that, I trade on a time frame of days to weeks. I would say there are pros and cons in each method. Well done Den that you have a method that works in the market and for yourself. THere are many approaches to investing. I, too, do some fundamental investing as well as dollar cost averaging. On top of that, I trade on a time frame of days to weeks. I would say there are pros and cons in each method.

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-668 Den Wed, 08 Sep 2010 15:43:38 +0000 http://www.bigfatpurse.com/?p=2538#comment-668 I like your goal setting of $2000 SGD a month and publishing it. Some months I did not achieve it and felt impulsive to sell my holdings to show an "earnings" like $200 or $400, then worst cos it was supposed to be held for 3 or 6 months to realise its full potential. Then alas, further regret. So I like your mentioning of psychology. Therefore, when there are no earnings for Month 1 and 2, and when Month 3 I sold and earned, I average them to show that yes Month 1 2 and 3 did have some earnings. This seems healthy too. And felt sad when your report card showing losses. My system is fairly simple: Stocks is safest investment if and only if this - we sell when it is above our buy. We buy well researched stocks (safe fundamentals). That's the basic two principles. E.g. when Genting went down, I won't have a "stop loss" cos I have already believed in Genting since I believed on my fundamental research and thus had decided to buy it. So when it went down from 1.28 to 0.85, I bought a few more at 0.99. I like your goal setting of $2000 SGD a month and publishing it. Some months I did not achieve it and felt impulsive to sell my holdings to show an “earnings” like $200 or $400, then worst cos it was supposed to be held for 3 or 6 months to realise its full potential. Then alas, further regret. So I like your mentioning of psychology. Therefore, when there are no earnings for Month 1 and 2, and when Month 3 I sold and earned, I average them to show that yes Month 1 2 and 3 did have some earnings. This seems healthy too.
And felt sad when your report card showing losses.
My system is fairly simple:
Stocks is safest investment if and only if this – we sell when it is above our buy. We buy well researched stocks (safe fundamentals). That’s the basic two principles.
E.g. when Genting went down, I won’t have a “stop loss” cos I have already believed in Genting since I believed on my fundamental research and thus had decided to buy it. So when it went down from 1.28 to 0.85, I bought a few more at 0.99.

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-2136 Den Wed, 08 Sep 2010 15:43:38 +0000 http://www.bigfatpurse.com/?p=2538#comment-2136 I like your goal setting of $2000 SGD a month and publishing it. Some months I did not achieve it and felt impulsive to sell my holdings to show an "earnings" like $200 or $400, then worst cos it was supposed to be held for 3 or 6 months to realise its full potential. Then alas, further regret. So I like your mentioning of psychology. Therefore, when there are no earnings for Month 1 and 2, and when Month 3 I sold and earned, I average them to show that yes Month 1 2 and 3 did have some earnings. This seems healthy too. And felt sad when your report card showing losses. My system is fairly simple: Stocks is safest investment if and only if this - we sell when it is above our buy. We buy well researched stocks (safe fundamentals). That's the basic two principles. E.g. when Genting went down, I won't have a "stop loss" cos I have already believed in Genting since I believed on my fundamental research and thus had decided to buy it. So when it went down from 1.28 to 0.85, I bought a few more at 0.99. I like your goal setting of $2000 SGD a month and publishing it. Some months I did not achieve it and felt impulsive to sell my holdings to show an “earnings” like $200 or $400, then worst cos it was supposed to be held for 3 or 6 months to realise its full potential. Then alas, further regret. So I like your mentioning of psychology. Therefore, when there are no earnings for Month 1 and 2, and when Month 3 I sold and earned, I average them to show that yes Month 1 2 and 3 did have some earnings. This seems healthy too.
And felt sad when your report card showing losses.
My system is fairly simple:
Stocks is safest investment if and only if this – we sell when it is above our buy. We buy well researched stocks (safe fundamentals). That’s the basic two principles.
E.g. when Genting went down, I won’t have a “stop loss” cos I have already believed in Genting since I believed on my fundamental research and thus had decided to buy it. So when it went down from 1.28 to 0.85, I bought a few more at 0.99.

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-667 Forex educator Tue, 01 Jun 2010 10:56:49 +0000 http://www.bigfatpurse.com/?p=2538#comment-667 Yes EURUSD and AUDUSD are in downtrend now. Capitalise on it. Well done on your FX trading. Yes EURUSD and AUDUSD are in downtrend now. Capitalise on it.
Well done on your FX trading.

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-2135 Forex educator Tue, 01 Jun 2010 10:56:49 +0000 http://www.bigfatpurse.com/?p=2538#comment-2135 Yes EURUSD and AUDUSD are in downtrend now. Capitalise on it. Well done on your FX trading. Yes EURUSD and AUDUSD are in downtrend now. Capitalise on it.
Well done on your FX trading.

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-666 Trading Report Card – May 10 | TheFinance.sg Tue, 01 Jun 2010 01:01:37 +0000 http://www.bigfatpurse.com/?p=2538#comment-666 [...] Forex Read more… [...] [...] Forex Read more… [...]

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-2134 Trading Report Card – May 10 | TheFinance.sg Tue, 01 Jun 2010 01:01:37 +0000 http://www.bigfatpurse.com/?p=2538#comment-2134 [...] Forex Read more… [...] [...] Forex Read more… [...]

]]> http://www.bigfatpurse.com/2010/05/trading-report-card-%e2%80%93-may-10/#comment-665 Alvin Mon, 31 May 2010 13:16:11 +0000 http://www.bigfatpurse.com/?p=2538#comment-665 Yes Ryan, maybe you are right Yes Ryan, maybe you are right

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