3 people like this.

9 comment(s). Last comment by kcchongnz 2013-09-29 15:49

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-28 01:04 | Report Abuse

:)

Posted by Micheal Teo > 2013-09-28 07:46 | Report Abuse

Due to difference in brokerage between retailers and. Fund managers more often than not the profits go to paying brokerage. Precisely, it is unlevel playing ground. Just my 2 cents personal view. Thanks.

Ooi Teik Bee

11,520 posts

Posted by Ooi Teik Bee > 2013-09-28 10:51 | Report Abuse

I had seen my colleague did very well in day trade. He can survive and make money in last 20 years. You need a special skill to win this game. Frankly, I am not good in day trade.
Thank you.

yungshen1

2,134 posts

Posted by yungshen1 > 2013-09-28 11:02 | Report Abuse

dear ooi. u good in what trade. 1 month or 3 month or 1 year trade

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-28 11:21 | Report Abuse

day trade = trend trade ,, closely monitor the bidding b4 open , then market buy 9am for those strong result announce or good news/rumours announce after market close counter ( for me 30+- percents of day trading activity come from this,and percentage of winning quite satisfied ), cut loss fast if loss occur ( the most T+1 ,except FA/DY strong and ready to average if drop further ),bring to the next day if up trend maintain ,let profit run ,, hehee .. just 2 cents from a full time punter ... happy trading ... :)

Ooi Teik Bee

11,520 posts

Posted by Ooi Teik Bee > 2013-09-28 11:30 | Report Abuse

Dear tjhldg,
I notice that you are a good day trader, not just 2 cents. Hope to learn from you.
Thank you.

tjhldg

27,218 posts

Posted by tjhldg > 2013-09-28 11:42 | Report Abuse

Dear Mr Ooi
hehee sama sama .. thanks

Alex Chan

3,915 posts

Posted by Alex Chan > 2013-09-29 13:29 | Report Abuse

no statistics on Msian Traders but it is also common on long term investors..lol

kcchongnz

6,684 posts

Posted by kcchongnz > 2013-09-29 15:49 | Report Abuse

One must know about statistics; what is a null hypothesis, test of significance, t-values etc to argue whether if a real good trader does exist.

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