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Playing The Game of Leverage (9) – CFD
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  November 2, 2011
Read? Playing The Game of Leverage (8) MF Global S'pore to be wound down "All investment or trading usng leverages by nature are high risk as you may lose more than expected." - Createwealth8888 ST, Wed, Nov 2 Mdm Tan said that her life savings of more than $100K are invested in CFD with MF Global. Her worry now: "Now my worry is not just that I can't take back my money - I've also incurred debt," she said, adding that yesterday alone she had already chalked up $40K of debt from her open positions as the markets fell. " I play long so I did not place any stop loss orders .. right now my heart is bleeding." Createwealth8888: All of us like to make more money; but some will like to make money without losing sleep. It is better to lose what we can lose and ......
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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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