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Losers Average Losers
By Create Wealth Through Long-Term Investing and Short-Term Trading  •  February 20, 2012
Read? Losers Average Losers Read? Keep averaging down on your favourite stocks??? Createwealth8888 likes ... Paul Tudor Jones is one of the greatest traders in market history. Why? Because he’s consistently profitable. The best “anything” in the world are the best because they perform at a consistent, superior level for long periods of time. Michael Jordan isn’t considered the best basketball player ever because he scored 30 points ONCE in a game. It’s because he averaged 30 points per game over his ENTIRE career. Createwealth8888 said ... Yeah! To be successful we have to be consistent in our performance over a fairly long period of time e.g over 10 years to remove any beginner's luck. But, when you read this ads in newspaper: "I made $7,000 in 1 day Trading FX." "I made $30,000 in 5 days." Do these testimonials get you thinking that it was easy? Yes, ......
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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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