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CS Tan
4.9 / 5.0
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....
winbigbursa
1,823 posts
Posted by winbigbursa > 2018-10-14 16:22 | Report Abuse
its one's own mindset that determines one's success or otherwise in stock trading/investment.
Unlike additional maths, where there is a fixed solution to a question, (QED blah,blah,blah), success in stock market is better achieved with probabilistic thinking (there are multiple possible outcomes in any stock market scenario, with varying probability of happening).
So, its not do's n dont's as such, rather a flexible mind, to see that mr. market will always act to prove you wrong.
Like when KLSE break below 1700, it may not mean short KLSE is a sure thing, cause it may rebound strongly the next day.
Or when Nasdaq break 8000, its a blast, sure to hit 10,000.
isnt it presumptuous of a day trader,who is in one moment and out in a jiffy, to assume that he can make a right call on a stock's direction, and give advice to newbies ?
Newbies may appreciate better if given pointers on stocks that have higher probability to bring profits rather than obvious verbose.