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Mind Flip (3)
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  April 15, 2011
Read? Uncle8888 did a Mind Flip Next Mind Flip When 2008 Bear hit on Jan 2008, I lost $76K on that month due to losses on contra trades. From Feb 08 - Apr 08, I didn't lose but manage to make an average of $2.5K per month. On May 08, I made another $25K and that really made me believe that I was smarter than the Bear and regained my confidence of making an average of $10K per month. But, unfortunately the Bear came back and hit me even harder. I lost on Aug 08 ($68K), Sep 08 ($18K) and Oct 08 ($31K). I have never experienced two consecutive months of big losses before. It was nightmare and sleepless nights in Oct 08. What was really wrong with me? TA not powerful enough? Books read not enough? So many why???? I did serious soul-searching. Suddenly, one night in Oct 08 I have a ......
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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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