Author: Create Wealth Through Long-Term Investing and Short-Term Trading

Noble: Bought @ $1.79 Caught a falling knife!!!

Since 2008, I have been fighting Noble with only three commandos. Today, the last commando was thrown into the battlefield too. Let see how they will survive in the battlefield. No 3 Commando: $1.79 (Front Line) No 2 Commando: $1.85 (Front Line) No 1 Commando: $0.688 (Guarding Base Camp since Dec 2008) Today, I caught a falling knife! That is dangerous. Noble is such volatile stock. Past ROC for 14 rounds since 15 Jul 2008 ranging from 3.8% to 34.3%. Round 14: ROC 10.9%, 20 days, B $1.98 S $2.21 Round 13: ROC 20.8%, 185 days, B $1.72 S $2.08 (Price...

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Investing Made Simple by Uncle8888 (19)

Read? Investing Made Simple by Uncle8888 (18) In Uncle8888 series (16) – How to invest and make big money in the stock market? The key learning point is “Men who can both be right and sit tight are uncommon.” Uncle8888 also mentioned “Buy and Hold is Dead“. Men who can both be right and sit tight are uncommon. Buy and Hold is Dead. Two questions arise from the above two statements. Does these two statements contradict each other? Is statement No 1 useless advice?  (Brolp said: it’s useless advice actually – when right sit tight. It’s almost like saying...

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Investing Made Simple by Uncle8888 (18)

Read? Investing Made Simple by Uncle8888 (17) In Investing, Control Risk is NOT a Choice In investing, control risk is NOT a choice; but a strict requirement to survive in the Law of Jungle in the stock market. You MUST have adequate investing capital to come back when you have fall in the stock market. But, you don’t need to win back in the same manner as you have lost it. Uncle8888 has personally tested it in the last Great Bear 2008/09 and it works. As small retail investors who have limited time and resources to analyze the companies...

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Investing Made Simple by Uncle8888 (16)

Read? Investing Made Simple by Uncle8888 (15) How to invest and make big money in the stock market? What you think? Buy and hold? Buy and hold may or may not lead to making big money in the stock market. But, I will share with you The Art of Making Big Money in the stock market that I learnt from my Sifu, Jessie Livermore. It is RIGHT AND HOLD. It is different from BUY AND HOLD. Know the difference. You may be on the way to making big money in the stock market. In the buy and hold strategy,...

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H1 FY 2011 Performance Report : Down -4.8% from H1 2010

Year Goal Hit Rate (In 2003, I set some bullish progressive year goals from 2003 to 2011; and 2011 Year Goal is 76.8% of 2010 Total Salary including all CPF contributions. Quite a big goal to achieve!) Year Goal Hit Rate for 2011 fell by -4.8% from 35.5% in H1 FY 10 to 30.7% in H1 FY 11. The poor goal hit was due to lack of new trading positions in the quarter and rolling forward the realization of profits to next quarter for Olam and Noble. Active Investing Performance Since Nov 08 after I have given up active...

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In Investing – difference between committed and involved

Read? Bacon and eggs – difference between committed and involved SMOL asked: Can you see the difference between being committed and involved? The pig is committed, while the hen is involved. Do you see parallels between the above story and you? 1) Your relationship? 2) Your business partner? 3) Your work place? 4) Your investing/trading journey? In investing, how many retail investors are involved with their investing by getting their hands dirty and sometime bloody. Often, most retail investors forget that in the stock market there is no place for newbies and amateurs. Once you are in the market, you...

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Following My Superheroes!

Just For Thinking …. Wow! My Superheroes When I was young, I read a lots of comics on Superheroes. I really love them and sometime I would dream of becoming the next superhero. Then I was an adult, I have my Online Superheroes In 200x, practically, I was visiting every investment blogs, cboxes, and forums that I came to know. I was hoping to find my online Superheroes in investing/trading in some of them. I was hoping to learn the magical power from them and also dreaming to become the next Superhero like them. Some investment bloggers are more transparent, confidence and...

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Technical Indicators? (4) – Does it really matter in SG stock market?

Borrow the idea from La Papillion ** “BIAS” is a special feature in my blog where I get to say whatever I want with scant regards for your feelings. I’m not politically correct in this feature, so go ahead, judge me.” Read? Fundamental or Technical Analysis? (4) Read? Technical Indicators? (3) Read? Who Moves My Market? – Part 2 Read? Proprietary trader fined S$200,000 for manipulating stock market Not enough? Want more? Gohsip once commented:  Uncle8888,  you said “if you look at my charts posted with those technical indicators, they are just there to confuse people. LOL.” You damn...

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Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (10)

Read? Will You Try To Pay Off Your Housing Loan ASAP If You Have One? (9) Fully paid home may go beyond the Returns of investment dollars and opportunity cost What is the dollar value of the Mind of Peace and Beloved Gift to your family when you are gone? The best gifts to leave behind for our family when we are gone are (1) fully paid home (if not, then fully insured mortgage insurance), (2) adequate life insurance coverage and (3) well written Will. We should aim for ONE THING LESS to worry for them. So, what is the...

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How do you navigate in the stock market?

Following someone? 1. Following someone You navigate in the stock market by listening to stock analysts and brokers; or you follow your favourite investment bloggers; or you follow the loudest and the most convincing chatters in cboxes or forums; or you follow the flavour of the day in cboxes or forums. GPS Navigator 2. GPS Navigator You swear that you have found the best GPS Navigator in technical analysis; but there are two ways to use it.  You trust 100% the accuracy of its signal. When the GPS Navigator says Right you keep right and turns. When it says Left, you keep...

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Is it too easy to be a forex trainer?

Borrow the idea from La Papillion ** “BIAS” is a special feature in my blog where I get to say whatever I want with scant regards for your feelings. I’m not politically correct in this feature, so go ahead, judge me.” Read? Trading Courses – Does it work? Yours Letters, thesundaytimes June 19,2011 Jaya Prakash wrote a letter on that subject. I may like to change the subject a bit – Is it too easy to be forex or investment trainer? Every Gurus claimed that they have made millions in investing or trading; but I haven’t seen any of...

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Average Down or Pyramid Up? (2)

Read? Average Down or Pyramid Up? Like it or not. Investing in the stock market is still a Game of Strategy. The ones who have better strategies that are closer to their heart will be most likely to reach their Investing Goals. Winning the Loser’s Game When the stock market provides you the opportunity to average down; it is telling you that you are on a losing game. What is your strategy in this game plan by Average Down? Are you are trying to Win the Loser’s Game? Winning the Winner’s Game You spotted the opportunity in the market to...

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Small retail investors so excited over SCB

For the past few weeks, there was so much excitement at Singapore No 1 investment cbox over SCB who is so kind to level the playing field for spider monkeys with no minimum commission brokerage. Spider monkeys can now swing from tree to tree to pluck coconuts here and there at very low cost. Since these coconuts can be plucked at very low cost why worry whether the coconut is green, yellow or brown. No problem, just try one coconut at a time. In investing, I have seen many successful investors learning their lesson from their most painful and unforgettable lesson of...

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Stock Dividends – Sir, how do you want it to be done? Raw, medium or well done?

Read? High Dividend Yield Stocks? (10) When you received your stock dividends, how do you want it to be done? Raw, medium or well done? The way you treat it may determine how likely you are going to hold or sell. Discount When you received your stock dividend, you mentally discount your holding cost against the dividend received. It lowers your holding cost. So shiok! You may  even tell your wife. “Honey, it is cheaper now.” Every year it will become cheaper after receiving more dividends Why sell? Since it is getting cheaper soon. Pain Killer Wah, so shiok! My...

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How do you measure Opportunity Cost?

We often hear people saying that there is opportunity cost for not cutting losses or pay off your debts too early. So how do we really measure opportunity? Anyone? CAGR? I have one bank account that is dedicated to all stock transactions including cash flow from stock dividends. In this sense, I know every dollar and cent in and out of this account. So it is either money in the bank or stocks in the market. Then, what is my opportunity cost between cash in the bank and stocks in the market? When I sold the stock, the proceed of the...

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