Any intentional false communication, either written or spoken, that harms a person's reputation; decreases the respect, regard, or confidence in which a person is held; or induces disparaging, hostile, or disagreeable opinions or feelings against a person.
A recipe for successful turn-around is to recognise and admit you were wrong. Own up to your mistakes and move forward to be good investors.
The wall of separation between Calvin and HJey is a classic example of trader and investor. Calvin is camouflaging like an investor with his “storytelling” while HJey is an investor with strong personal inclination towards compounding.
A successful investor learn success and failure story from others. There is abundant failure stories here courtesy from our Calvin who constantly remind us. Thank you :D
PM Corp was Calvin's Stronghold at 9 cents, on September 20th 2013 Calvin recommended to all here at 15 cents. Even in this market carnage PM Corp closed at 18.5 cents - Still up over 20%
Check it out!
The same thing cannot be said about Dutch Lady (Holland Grandma) It was RM46.66 on Sept 20th 2013.
With your Solid Cash, just buy in all or any of the counters now when the market is really panic, then you will become the Holland King and make lots of money$$$... ha ha ha
Buy by all means. But always be prepared to average down & stay long term.
Last time I bought PM Corp at 25 cents. I kept buying PM Corp and average down for 7 long years. I bought PM Corp at the Rock Bottom Price of 7.5 cents in the greatest panic.
Tell you one story I have been thinking whole day.
How to catch a fish?
No.1 By putting bait in a hook. When the fish swallow the baik then pull!!!! Ha! You got one fish. So Fish is caught by being lured
No. 2 By Throwing or laying a wide net. Ha! THe unsuspecting fish then swim into the net and get caught! Ha! Next time look out carefully & don't get caught.
Then after fish is caught. What to do? The fish will fight and struggle to get free! Some get their mouth torn by jerking at the hook. Others leap out of enclosing nets. Thus they get away. So just cut loss quickly.
Yes, keep buying when the price keep dropping and finally control the company and only start pushing up the price. As easy as that but not many people can do it. TianTianTuaHuat can.... ha ha ha
Look @ Leno Cat, she go hiding when price coming down, may be she have to learn what is Averaging Down... ha ha ha. Calvin Tan from Singapore the Holland King has the secret recipes
It's better to sell off a beaten down stock rather than average down. Investors always have the dilemma of being truthful to themselves and admit "I make mistake."
Again, our dear Calvin is a good case study for not knowing to admit "I make mistake."
A successful investor has a balance life between work (investment) and leisure. Sharing happiness and sorrow with family and friends made an investor better and lead to emotional stability. A lesson for newbies in stock market. Calvin needs to learn this hard hitting lesson before it's too late. I hope not! :D
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....
Posted by runbeforeyoudie > 2015-06-17 12:40 | Report Abuse
Come up with fact backed by comments!