The Philosophy of Daoism in Trading Successfully....
....essense of water...
1. openness
Water is open to change. (Choose the best theme of every season ......to rotate and play)
It has the ability to adapt to the changing temperature, which turns it into a liquid, solid, or gas.
It adapts to the medium it’s in. It’s a teapot when it’s inside a teapot, or a cup when it’s inside a cup.
Because of its ability to adapt to change and remain flexible, it endures through the ages, overcoming all changes in the environment.
2. low (bottom fishing)
The water that flows in a river always stays low. (Don't chase high) Yet, it is a life giving force that helps plants grow and keeps all animals alive. (nourish your financial health)
3. Harmony
Water does not fight against any obstacle in its way. (Trend is your friend)
When flowing towards a rock, it gently flows around it without getting upset, angry, or agitated.
With every obstacle scattered along its way, water always finds a solution, without force, without conflict.
The flexibility of water is dependent on the conditions. Water has no right to control its shape. Not to forget water can turn into a hard object too. Being rigid (hard) is part of the water feature. Water won’t be permanently soft or hard. It keeps changing to suit the conditions at a time.
Chaos. Water represents harmony but it may go through a chaos before turning into harmony. People don’t like chaos due to uncertainty but it is the turn point.
the dedication in scanning to identify the right theme and stock for each season
the patience to only buy low (while rotating to other counters)
the discipline of selling when..... need to stop loss....or...........profits fulfil one's satiety (TDM says that we must stop eating the moment we feel enjoying eating....haha)
If you are reading this post, then you live with the fundamental belief that you are God’s gift to mankind.
Why else would you choose not to traverse the easy path of buying an index fund; but instead choose to match your wits with millions of other above-average God’s gift to mankind denizens?
I can tell you....kyy is not the only one to suffer this God's gift to humankind syndrome.
Warren buffet always say stay on course with investment....with very minor structural adj, only when there are really major permanent changes in the industries & business loh...or when u realized u mistake in your investment decision loh....!!
Investment direction should be disciple & rigid with only minor adaption as Warren buffet advice mah....!!
There is no such thing as not suitable to buffetalogy loh....is either u r discipline enough & sincerely wanted to adopt buffet method...or u still want to be independent and continue with your up & down mkt chasing method loh....!!
If warren buffet....can do it successful...over long run & grow his wealth with discipline & patience approach....so can u mah....!!
There is no such thing as not suitable to buffetalogy loh....is either u r discipline enough & sincerely wanted to adopt buffet method...or u still want to be independent and continue with your up & down mkt chasing method loh....!!
If warren buffet....can do it successful...over long run & grow his wealth with discipline & patience approach....so can u mah....!! =============
IF WARREN BUFFET...CAN SUSTAINED SUCH A HIGH RETURN....WITH HIS FUNDAMENTAL INVESTMENT PRINCIPLE FOR SO LONG AND STILL MAINTAIN HIS TOP 10 WORLD RICHEST POSITION FOR SO MANY MANY YEARS WITHOUT FAIL....SOMETHING MUST BE REALLY RIGHT FOR FUNDAMENTAL VALUE INVESTMENT LOH....!!
what happens in reality is that people buy a share based on some metric...and then sell as soon as they feel uncomfortable.....and call themselve a Bufalo man.
honesty is a premium...no honesty even to one self.....want to go out to conquer the world, go down mountain cari makan.... delusional and sure to fail.
Rubbishloh...buffetalogy fit every sort of companies mah.....!!
As long as it has big margin of safety or with high growth with strong balance sheet and together with management with great integrity loh...!!
Don let traders...like qqq....rundoqqqwn on great warren buffet....bcos qqq being a trader don...have a clue....what is fundamental value investment loh....!!
If he don practise ...it ...but why simply badmouthed...already proven investment method....by warren buffet....value investment leh ???
alot of small co....has track record mah....thats how hartalega, pmetal, hapseng, myeg....are created mah.....they are created from small growth companies mah....!!
Just look for this type of potential company & invest long term loh....!!
stockraider alot of small co....has track record mah....thats how hartalega, pmetal, hapseng, myeg....are created mah.....they are created from small growth companies mah....!!
Just look for this type of potential company & invest long term loh....!! ============================
don't kid yourself...neither u nor kc is good enough to pick the winners....pick the losers got la.
the qualities of great companies lies outside the Balance Sheet...to pick the winners, its business sense and willingness to take risks...qualities kc and this raider desperately lacks.
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....
EngineeringProfit
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Posted by EngineeringProfit > 2018-09-08 19:11 | Report Abuse
The Philosophy of Daoism in Trading Successfully....
....essense of water...
1. openness
Water is open to change. (Choose the best theme of every season ......to rotate and play)
It has the ability to adapt to the changing temperature, which turns it into a liquid, solid, or gas.
It adapts to the medium it’s in. It’s a teapot when it’s inside a teapot, or a cup when it’s inside a cup.
Because of its ability to adapt to change and remain flexible, it endures through the ages, overcoming all changes in the environment.
2. low (bottom fishing)
The water that flows in a river always stays low. (Don't chase high)
Yet, it is a life giving force that helps plants grow and keeps all animals alive. (nourish your financial health)
3. Harmony
Water does not fight against any obstacle in its way. (Trend is your friend)
When flowing towards a rock, it gently flows around it without getting upset, angry, or agitated.
With every obstacle scattered along its way, water always finds a solution, without force, without conflict.