My Trading Adventure

Market is a risky place

CP TEH
Publish date: Sat, 21 Jan 2012, 12:46 AM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
In my opinion, stock market is a very RISKY place to be in for newbies or novices. Without knowledge, with experiences ... the odds stacked heavily on us; we dont even realise what hit us. Yup, seriously ... thinking of 80-90% of them losing money in markets, what make you the 'chosen' minority?

Beginner's luck? Think again ... it is is due to luck, dont you think so it supposed to be 50-50? Yes? No? Well ... in my opinion, it a big NO. In fact, if you get lucky in your few trades(depending on where your tips or resources from), without even knowing WHY you have profitted, that is much more dangerous. You will be thinking you are good ... or even called yourself a stock-god!!

Realistically, we need knowledge about investing or trading BEFORE in markets. We need lessons from market to make us stronger, accepting mistakes and learn from there. Base on learning, you will becoming more experience ... and by having both, the knowledge and experiences, you have actually substatially reduce the RISK. Well, this is one of the first thing I taught my tratles how RISKY market is ...

REDUCE THE RISK becoming my main pointers to them. One of the BEST way is to increase your knowledge in stocks --- Fundamentals and Technicals --- and apply them in the stocks you are trading. Consistently stalk the stocks you have traded in, to increase your knowledge in understand the characteristics ... also, consistently ... analysing its chart.

To explain why many lost money in stock-markets could be lengthy.

It is good to share with you all this simple yet most neglect part of markets --- market is RISKY, reduce the risk by increasing your knowledge and experiences. NOTHING comes easy .. things wont come by itself.

Me : Do you all think I could gain 10% net profits by year end?

Tratles : Even we could acheive 10% la? Before we learn, last time lose money la ...

Well, at times you need to remind others that market is a risky place. If I show to you that I could gain 10% or above by year end, perhaps you could trust my trades a little better? We shall see ...

Chinese New Dragon Year again ... we shall feel the bullishness.

TEH
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