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Welcome to Ministry of Wealth and Gifts for your loved ones!

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


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Monday, 6 December 2010

Making one or more fatal mistakes!

If we  keep doing the same risky activities again and again and sooner or later we will make at least one fatal mistake and hopefully we can still survive from it. It is no different from investing or fishing, sooner or later we will make at least one fatal mistake and get badly hurt.

I was once stung by a baby sting-ray when it looked so small to appear to be highly dangerous. It was so painful, cold sweating and I was close to fainting.

Similarly, in investing or trading, leverages may not appear to be highly dangerous like a baby sting-ray. But, if we made a fatal mistake, it could hurt so badly.




Did you see three barbs on its tail?


Posted by Createwealth8888 at 16:02
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