My Trading Adventure

想做大?请放弃熟人市场

CP TEH
Publish date: Mon, 27 Oct 2014, 03:21 PM
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.


Taken from : http://mp.weixin.qq.com/s?__biz=MzA4MjM0NjEyMA%3D%3D&mid=200328818&idx=3&sn=e0d01e12e53a30909fcb5e8323968853&scene=2&from=timeline&isappinstalled=0#rd

想做大?请放弃熟人市场,用心开拓新人脉!

Trying to be ? Please give up the acquaintance market , carefully explore the new veins !

有些人做市场担心自己没人脉、QQ好友少、微信好友少、怕做不到..

Translation : Some people do not worry about their own market contacts , QQ friends less and less micro-letter friends , fear not do ..

如果做生意只能卖给朋友,那做所有生意都会倒闭失败了,这世界上更多的是你不认识的人,放弃熟人市场吧。

Translation : If the business can only be sold to a friend , that do business will collapse all failed, even more is that you do not know who in this world , to give an acquaintance market it.

当你决定做自己事业,刚创业的时候,你的朋友90%都是不会相信你,80%的人认为你可能被洗脑了,包括你家人;当你小成就的时候,你的朋友70%的人认为你不是有能力,只是运气好;当你开始在收入上起来的时候,50%的人认为你的事业刚刚开始,还不是赚钱的时候。

Translation : When you decide to do your own business, just starting out , your friends will not believe you are 90% , 80% of people think that you might be brainwashed, including your family ; small achievement when you and your friend 70 % of people think you do not have the ability, but good luck ; when you start on the revenue up, 50% of people think that your career is just beginning , is not the time to make money .

This morning, while having dim-sum with wife for breakfast, she was reading these lines to me and I get excited. Yes, a material to share in my blog. Very true. But, I do not know Chinese. Hmm ... google-translate for non-Chinese readers(like me).

When we started out our own business, 90% of your surrounding people will not believe that you are serious. So, when I told people around me that I m going into stock-markets and plan to be a good trader(and trainer, one day) ... in 2008, no many people around are supportive. Good people around me will advise me on the very high risk on stock-markets where one could lose all the money? I do know they meant good ...

80% of people might think that I am being brain-washed ... and stock-market is a get-rich-quick scheme. I have to repeat that I want to be a trader, not those gamblers in markets. I do understand now why 80% of retailers losing money ... they are gambling without knowledge. Retailers are brain-washed that market is a place to earn money, without understanding the RISK they are exposed to. Yes, brain-washed by advertisement ... many so-called sifus/gurus attracting them there with stating they earn few hundreds percent and such. I went to a market talk by a sifu(unknown back then), very active and popular in i3 now ... stating he earned RM1mil plus trading Gamuda-wd. I went with my another two experienced tratles and we could only shake our heads. Many more such sifus ... we are brain-washed by their abilities to be millionaires! If u r newbie or naïve (immature in trading), you will be brain-washed by the runners in forums too ... telling you XYZ is under-valued. Or perhaps, some insider news spreading around that WXY will be taken private!! Heck ... advertisements ... so misleading! I wish I could employ a marketer to help me to market ME. Haha.

Get your point right ... get your senses together. Grow up. Use common sense ... and you will understand the power of advertisements. An author of a stock-market book is not good in trading, ok? He is a writer, not a trader. A trainer who gave technical-trainer may not even a trader at all ... he is being trained to speak about technical charting! A blogger like me talk about stock-market may not be a trader too ... I just write about my opinions and observations. Afterall, that is what bloggers do ... we blog. I added some nice songs for your entertainment ... how is that? Hehe ...

Yes ... now I have achieved small success in my trading ... 70% of them around will be thinking I am lucky. Yup ... I still have many around me will be wondering about my luck. Don't worry, I have rotated my table and I have the wall behind my back ... and will put up a picture of mountain, to enhance my feng-shui. Definitely we do need some luck in trading ... but, it is all about hours-days-years of experiences and experimenting. Well ... I am ok to be branded as lucky to survive, thus far. I may never claim I have the abilities in trading ... but I am learning. How those critics? Are you all profiting well in markets ... or just talk and criticize? Your choice.

Note : I am at this 70% stage now ... yes, 70% around still watching me moving ... and wondering when my luck will run out? These including my family ... who are seeing my results so far.

When my performance showing consistency, 50% around will think that my trading career is just taking shape ... but I have actually done thousands of hours of work ... and shared with hundreds of people my trades. Still there are 50% around wont even bother to notice ...

当你开始慢慢拥有你和他们都需要的东西,比如:收入、家庭、事业、车子、房子的时候,30%的人他们才会对你竖起大拇指说,你真是做大事的人!这时候你全部的朋友都会来说要跟你混,无论认识的,不认识的。

Translation : When you start slowly and they have things you need , such as: income, family , career, car, house, 30 percent of the people they will say to you the thumbs up , you're doing great things ! At this time all your friends will tell you it is mixed , both know , do not know .

Yes ... when I am  reaching further ... when I am becoming full-time trader(I am still not, as I m still have hours of tuition classes per day) ... and successfully manage to trade well, financial rewards will come ... trading becoming a career ... teaching trading is part of my job. I will be mentor to many traders to be ... as being a trader, I could be at anywhere and having the flexibility. A full-time 9-5pm job is really stressful ... and boring to me. Then ... 30% of people around will give me a thumb up, such as approving the road I have taken. When I am able to change my Proton to Honda, I am at this stage. Yup ... 30% ... only 30% of them will respect your success ... tho we knew well that we started from ground-zero.

这个世界就是这样,万事开头难,但是如果你认命了,穷的人会越穷,有钱的会越有钱,因为锦上添花永远比雪中送炭的要多,总是有一部分人注定是穷人,一部分人注定是有钱人。

Translation : This world is so everything is hard in the beginning , but if you accept their fate , the poor poorer people , the rich will be more money, because the icing on the cake to be more urgently needed than ever , there are always some people are destined to be poor , some people destined to be rich.

Poor mindset .. poor financial mentality people will remain poor. Totally agreed as I was financial idiot merely 8 years ago ... then, becoming financially normal about 5 years ago ... 4 years ago, I was still in huge debts ... but, due to ''luck'' in trading stock-markets, I managed to profit well to clear all my debt(credit cards, personal loans, mom and aunties). At the beginning ... when I started out, losing my keropok-biz after hours of hardship for 2-3 years, and started with KLCI ... the 2008 market crash given me a good lesson ... painful yet valuable lesson. Today, my financial mindset have changed and still learning to improve further ... learning from those ''rich'' ones ... their mentality is very different from normal crowds(wage earners and those poor financial mentality).

Stop complaining it is hard ... it is your mindset that you need to work on. Stop blaming others, u r at fault. Stop comparing yourself to others ... think(need brain ... u got?) ... what should I do to be a better person than I was yesterday?

Read all those good successful articles, instead of wasting TIME in chatting .. wasting time watching TV/movie ... wasting time finding faults in others, wasting so much time and energy arguing ... many things are OUR own doings. Take responsibilities. Start with such simple things ... be positive, be motivated, be strong ... and move on. If you cant do that, it is ok ... you are just the normal 80% losers in stock-market. Don't worry ... majority on your side. Are you comfortable with that? Your choice.

穷人与富人的区别不完全是取决于你的背景、财力、能力。而更是取决于谁敢于改变,谁有胆识敢于新尝试,谁敢于在别人的反对中坚持自己的思想、坚持自己的主见。机会每秒钟都有很多,任何东西只有选择尝试、努力过、你才会知道哪个才是属于你自己的机会

Translation : The difference between the rich and poor is not entirely depend on your background , financial capability. But rather depends on who dare to change , and who has the courage to try new courage , who dare to stick to their ideological opposition in others , adhere to their own minds . There are many opportunities for every second , and only choose to try anything , tried, you will know which is your own opportunity

I was born poor ... my parents was hawkers in Chow-kit road. We kids was given to our aunties/granny to take care, without nay money much. But ... we survived, and we bro/sis doing very well, indeed. Yup ... my mindset was stuck to be lecturer ... and not understanding the financial aspect of lives. Our cost of living, savings ... emm ... investing? Nothing .. I had nothing to show, but debt. DARE to change .. I took it with me ... as I was in such desperate situation ... with two young babies to feed!! I was looked down by few people surround me back then .. hmm .. merely 5 years ago. I have no intention to show or tell them off. The change of mindset ... moving into trading and tuition-biz changed my whole financial situation ... it feels great.

Think .. improve your skills in ANYTHING useful. Spend time on that ... not wasting time. To me, time is money. I used all my time ... 4-6 hours per day for past 6 years, to learn to trade. I do not spend time in forums, yakking around and many talk rubbish there. If one could understand why TIME is very important in investing, they will not waste their time ... but will wake up early in the morning, get themselves physically fit ... and focus in their goals.

FGV : Bought RM3, sold RM3.15, bought back 3.08, sold 3.20 ... last Friday, bought back 3.24, sold 3.33 this morning, bought back 3.40 and sold 3.49 done. Game over for FGV for today.

冒险创造机会者,人生中就会多一次踏上成功之路的机会,胆小观望者,被拉开的距离越来越远,最后"飞机屁股"都看不见了......

Translation : Create opportunities for adventure who first set foot in life will be more opportunities for success , the timid lurkers , was pulled farther the distance , the last "aircraft ass " can not see ......

We must create opportunities for ourselves ... and continue to move on. This is my TRADING adventure blog ... my adventure on HOW I was a total idiot, total newbie ... and not only survive the market crash in 2008, but pulled myself up ... slowly and steadily increase my knowledge. I invested MONEY(that I do not have back then) and TIME(lots of it) and to create opportunities for myself ... KLSE is a place where opportunities aplenty ... in daily or weekly basis, we will certainly have many many trading opportunities ... the more instruments, more sectors, more stocks in our stock-watch ... we could take the opportunity, when arises. Those look-see-look-see ... and keep talking ... will miss all the learning part, wasting their time ... and regret. Regretting is something I do not allow to be in my trading system ... or life.

尚赫修真从一开始就没指望熟悉的市场,也没指望别人的团队,一切从零开始,既然选择创新,就要与往日说:朋友!我用不起你!我更不会选择打工心态的老熟人,因为他们的胃口已然养大!

Translation : He is still no hope from the beginning comprehension familiar with the market , did not expect someone else's team , everything from scratch, since the choice of innovation , it is necessary and in the past , said: friends! I can not afford you ! I would not choose to work mentality old acquaintance , because their appetite already raised !

to be continued ... MAY BE

got class now.

TEH


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Discussions
3 people like this. Showing 1 of 1 comments

Kevin Wong

The more one trade/speculate/invest in marts, the less he or she can depend on luck to be on their side. Maybe that's the reason why only mostly investors like Buffett, Bogle, Mobius...could continously & consistently for over 40 years, create ever increasing money & wealth for themselves and their investors.
How many traders and speculators could even increase their winnings from marts, even after 10 years? Maybe, thats why there are so few multi million$$$aire traders/speculators...because after 10 yearss...have to depend on methods/skills instead of probabilities/luck!

2014-10-28 11:30

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