KC, since you said there's pros and cons on leverage i do suggest you to write an article on how to use leverage wisely next time. Include some strategies, awareness of traps. Using case study on the darkness alone doesn't actually help them understand SMF as whole.
Posted by popo92 > Oct 6, 2019 9:35 PM | Report Abuse KC, since you said there's pros and cons on leverage i do suggest you to write an article on how to use leverage wisely next time. Include some strategies, awareness of traps. Using case study on the darkness alone doesn't actually help them understand SMF as whole.
In this article, I did mention the below,
"Referring to Table 1 and Figure 1, if one had bought Sendai at 65 sen sometime at end of year 2016 before the various articles appeared in public forums would have madeRM100000, or 100% when the share price went up near its peak at RM1.3 half year later in June 2017. With 50% margin, he would have made an amplified return of 192% as shown in Column 1. Even if he had taken profit at 97.5 sen, or 50% above his cost of 65 sen, he would have made 93% return with the margin as shown in Column 2. How wonderful, the beauty of margin finance."
That is the "Bright" side of using margin finance. But knowing the dark side of it, which I always emphasize, and it is devastating to the financial welfare of anybody using it and caught, I will never say more than what I have said about its bright side.
To propagate margin finance in the public forum, in my strong opinion, is highly irresponsible for a senior citizen like me.
Posted by speakup > Oct 6, 2019 9:56 PM | Report Abuse since we discussing margin financing, tell u secret, speakup bought 150k redtone on margin. now dah paper profit
This appears in the article above,
"Frankly, I have nothing against anyone who uses margin finance and makes tons of money in the stock market. Congratulation for those who have done it. It is a democratic and capitalist country here and everyone is entitled to be rich."
IT IS VERY SIMPLE commonsense. . IF u using margin finance, it just amplify your risk & cost. "High risk high return" Just imagine, out of 10 people, how many will actually earning money from stock market? Then now u want amplify the risk? lolz
@speakup, what are you trying to say? Your statement is like "tell you a secret, I have been smoking for 80 years and I still can run a mile under 4 minutes."
.. but people very funny one, scared this scared that still thinking of making money............night time scared see ghost, day time scared see devil.
analyse the personality of successful people where got scared this scared that?
managing margin account is like managing any business....surely investing is business other wise forget it...................
ever seen a successful business man who doesn't have to over come negative people/ negative comments?
people will say cannot do this, cannot do that...too risky............
some even make a career of telling people cannot do this cannot do that................
think different, think independent, be a contrarian, confident, positive and happy...................
Posted by qqq3 > Oct 7, 2019 5:54 PM | Report Abuse .. but people very funny one, scared this scared that still thinking of making money............night time scared see ghost, day time scared see devil.
Posted by Beary > Sep 27, 2017 8:39 PM | Report Abuse Hahahaaha Dogmanmy, KC sifu is having the last laugh on u.
Got feel hot or not?
Got feel pain or not?
Sailang UMWOG from 1.00 to 0.30
Sailang JAKS from 1.80 to 1.30
Sailang Sendai from 1.40 to 0.80
U think u r a cat meh, got 9 lives?
U r a dog la......hahahaha
Now hiding kennel with tail between legs kah?
Looks like u will remain there for a long long time.
got any technology stock or not? no technology stock, no OG stock, so apparel stock that benefits from US tarifs on China....recently no need to see stock market already.............
black cat white cat...............people knows what it means or not?
it means.....
decisions are to be based on experience, on evidence, on research, study, science not ideology, not what sifus say, not theology, not religion, not bufalo man,
and that is the basis for China's success the last 40 years............
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....
popo92
578 posts
Posted by popo92 > 2019-10-06 21:35 | Report Abuse
KC, since you said there's pros and cons on leverage i do suggest you to write an article on how to use leverage wisely next time. Include some strategies, awareness of traps. Using case study on the darkness alone doesn't actually help them understand SMF as whole.