I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!

Click to email CW8888 or Email ID : jacobng1@gmail.com



Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Sunday, 11 April 2010

3 Ms of Trading – Mind, Method and Money - Part 3

3 Ms of Trading – Mind, Method and Money - Part 2


Ancient Chinese wisdoms for Method and Mind in Active Investing

"Knowing you need to stop, set a target"
"Knowing your target, the mind is calm"
"When your mind is calm, you become steady"
"When you are steady, you can think better"
"When you think better, you can achieve your success"

"Thing will have a beginning and ending"
"Knowing how it will begin and how it will end"
"Road to success is nearer to you"

Clear Target To Stop

Some may know that they need to stop but don't have a clear target how to stop. Most will say they will stop at the next bull. So are you clear where is the next bull?

When you don't know how to to stop, your mind is not calm during volatile market. You either become too fearful or too greedy.

Market is a Cycle

The road to success is nearer if you can learn to recognise the market cycle.
Posted by Createwealth8888 at 09:15
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4 comments:

  1. Anonymous13 April 2010 at 10:51:00 GMT+8

    http://zhidao.baidu.com/question/141811680.html

    3m

    ReplyDelete
  2. Rainbow1 September 2019 at 00:15:00 GMT+8

    This post is totally apt for the volatile market these days
    -every positive news that I see comes with a negative news (2 schools of opinions on whether the bull's still has miles to run or recession is coming).

    ReplyDelete
  3. CreateWealth88881 September 2019 at 09:47:00 GMT+8

    Singapore has negative interest before?

    ReplyDelete

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