lol probability ... i have no idea if duit has put on a diff mask !!! irrespective, great sharing from mr djibaok ... hmmm guess below is not a very fair statement cuz diff people have diff edge ... also depends on the lifestyle, personality etc etc ... some are just not cut out to be a trader but they can make tonnes by being a long-term investor based on their great business acumen / accounting knowledge and what-nots :)
*I'm not saying that having holding power is wrong but it will make you become stupid. This is because you will not be willing to learn. You just buy and keep, so what is it that you have learned? The contra players actually are more skillful and knowledgeable to 'play the game' if they put some learning effort into it compared to the 'holding power' investor.*
mr djibaok .. wud be great if u cud share with us the trick !! it boils down to the type of trader u are no ??? if u are a position trader, u wud probably buy when the big shareholders / institutions buy but this is at the boring accumulation stage and thus u must be prepared to hold till the hot stage comes (this also then explains why position traders may have to hold their counters for weeks / months) ... then when the stage is hot, here comes the momentum traders chasing the higher highs and so what is the best entry price ?? ... then if operators / syndicates allow a counter to take a breather before further push, the swing traders will come in to buy on pullbacks :)
*The trick is to figure out the best entry price*
*Follow the big shareholder, they dump you dump, they buy you buy. Don't get distracted by any announcements or whether the business is growing or not.*
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....