#Mikecyc Ha ha i had been posting in TDM for abt 8 months before kon mabell appeared claimed it is her home ... 27/11/2020 4:15 PM
Ya ker?
8 months is considered newbies lah in TDM...
In that case I was much earlier than you lah..Anyway, you can always check my posting in that Forum if you want to verify what I said...
Just like i3lurker, I'm also happy you are here. TDM and FGV did well today compare when you are there. All Newbies takut nak invest with your negative stories..
Looks like my strategy works...
It's OK if I cannot fire my Missiles today....I can wait...
Armada has hugh big volume compare to my Plantation counters with 53 million share traded today..
We will wait patiently for our Yummy next week lor...
I have been doing some reading on what’s it’s like to be on the other side of the camps, the Short Traders specifically on what percent of day traders are successful?
Nobody knows the exact %, but according to insiders who trade, it’s probably closes between 1-5%. If you are not mentally and emotionally prepared to lose money, you will never make money and this is why 95% are not successful. You can NOT be afraid to lose money.
Most associate losing with failure. They equate success to winning more trades than losing trades. They ignore what matters most; the size of the wins, not the frequency of the wins. A trader can win 1/3 of their trades and make millions, if they know what they are doing. They need to follow and understand a simple formula.
(avg win RM) x (win %) must be greater than (avg loss RM) x (lose %)
Your goal is to increase your win amount, not win % and reduce your loss amount, not your lose frequency. If you make 10 trades and lose RM 1 on 8 of those trades, you only need to make RM 4 on the other 2 trades to break even. You could lose 80% or not lose any money (ignoring fees obviously).
There are about 250 trading days in the year. Since Armada will reach one of its peak towards the end of this year, you only have about 20 trading days on your side to make it happen. Taking the above figure as an assumption, assuming you make RM 25,000 a day average, that is RM 500,000 for the next coming months, provided you win every day. Although this is hypothetical, this doesn’t sound like much considering 95% of these traders lose money.
Hence, you actually have two choices:
1. Come and join us to and win graciously with Armada's momentum
or
2. Continue to remain as a short trader and face the potential challenge as written above
/////Let see how long they can play this game...////
that will be 800 years
============================================= Early history In 12th-century France, the courretiers de change were concerned with managing and regulating the debts of agricultural communities on behalf of the banks. Because these men also traded with debts, they could be called the first brokers. A common misbelief[citation needed] is that, in late 13th-century Bruges, commodity traders gathered inside the house of a man called Van der Beurze, and in 1409 they became the "Brugse Beurse", institutionalizing what had been, until then, an informal meeting, but actually, the family Van der Beurze had a building in Antwerp where those gatherings occurred;[18] the Van der Beurze had Antwerp, as most of the merchants of that period, as their primary place for trading. The idea quickly spread around Flanders and neighboring countries and "Beurzen" soon opened in Ghent and Rotterdam.
mike since mabel rejected your love. why not you find other girl. if you need someone help I3lurker can recommend someone from chowkit lah. ok. uhuk uhuk
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....
Mikecyc
45,873 posts
Posted by Mikecyc > 2020-11-27 16:15 |
Post removed.Why?