There are many traps in this world to drain your funds namely,1)a casino 2) stock market 3)Bitcoin 4)Crytocurrency 5)Internet gambling 6)football betting 7) love sham 8)Currency speculation 9)commodity speculation. Avoid them to minimise your risk of losing your money. Be innovative n indulge with viable projects through a pilot trial with small capital n go big when it is successful.
Fam Jenny, you are only partially right. Even any project you think viable can be risky too. Tell me which investment/project out there has no risk? I am sorry that you have many "RM K" stuck in shares. If you think share market is for speculation then you have a lot to learn. Share market is just a riskier asset class compared to fixed deposit. However the riskier is the investment, the higher is the reward or the higher is the loss cf to fixed deposit where your reward is little and the risk is low. When I was a newbie, fortunately I didn't lost but also didn't make much either. Life is a journey of learning and become a wise, smart and intelligent person or investor. So don't be like speculators but like traders, pro-traders and investors (which one is you?). Knowledge is power and power = $$$$ Or knowledge is $$$$ and money = power
Fam Jenny, since you like business project why not take a look at this franchise business : http://www.maemespiripiri.co.uk/franchising.php However like I said earlier, all projects carried some risks, but risks can be managed/minimized if you know how (infact in all investments one ought to know managing risks rather than speculate only on gains and profits). One way is to do this is through cloud funding and joint venture (just a few suggestions). If you are really interested you are most welcomed to query me @ nicktinglh@yahoo.com foc. Fyi, Heng Yuan is in oversold position and thus has limited downside risk but also can have a short term limited upside due to current trade war noise between US and China. I have a very unconventional way of reading market trend not relying solely on TA. If you are interested I don't mind also to share with you free of charge too. Happy investing,
Aiyo Fam Jenny, TA alone is not good enough and not a sure win or 100% accurate. Not even fundamentals too. There are so many factors so it is quite impossible to win always without loss. If you gain more often than loss then it is ok. But your friend not having a strategy to cut loss or manage loss is a big mistake and also using speculation based on TA....is very speculative and being greedy is the main cause of failure.
O. Understood. Crook only looks for innocent victims. The learnt is indeed expensive I call it greed. But sometimes the victim never learn and got once bitten twice shy....meaning never wants to invest anymore and thus call it gambling, scam etc. To be successful person, if you fall, pick up and try again and again. Start with small capital and as you become more confident then only can increase or otherwise stick to small layout while you learn. Abraham Lincoln failed over 40 times, Jack Ma over 7 major failures and 30 times job rejections.
It is too time consuming for something not worthwhile,your gain is is my loss when it is downtrend,the whole process is not productive as it is mere speculation without any control as you are not the controller but at people's mercy.
Demusangking is a small fry with retarded mentality,repeating the same thing everytime by reciting the same issue,'lost panties' which are non existing.
This thread has become relatively dead(talking about lost panties & all that)...contrast this with the time in Dec when the stock was hitting new highs every day....lol
I guess not much topic to discuss esp for those stuck at higher price, just keep bitching and hope that it goes back to north. Just wait for few months or years you’ll be alright buddy.
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....
Fam Jenny
7,724 posts
Posted by Fam Jenny > 2018-09-21 13:10 | Report Abuse
No I lost rm200k but my assets are still intact.