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Trading for Income or Active Investing for Wealth?
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 2, 2011
Just For Thinking .... Sometime we really need to sit quietly and seriously think about it. If you are an employee or self-employed having a full-time job, do you really need to trade for income and hope that one day you can quit your job and become a full-time day trader? Full time day trading can be tough and stressful job. Read? Full Time Trading Trading for income may require you either to have big capital or trade with leverage such as CFD and Margin to amplify your gains and to cut your losses short before they escalate to huge losses limiting your capability to come back. Trading on leverages may be less forgiving. It may require you to have superior stock analysis skills. You may have less room for analysis errors as you need to cut losses fast and take your profits based on your quality of TA for exits. If ......
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By Create Wealth Through Long-Term Investing and Short-Term Trading
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016. Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD. I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild. I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038. Cheers!
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