We know he is very active in the market; but he seldom talks about it. Surprisingly, today he confessed! After more than 20 over years in the market trading and investing; he didn't achieve much. He said he probably just breakeven!
For trading, he has tried many different methods including margin trading and using high leverages to make from small price movements.
He also tried to do value investing and invest long-term like Warren Buffet.
The only thing in the market he didn't try is forex trading.
Now, he bets on China market.
BTW, he started young too in his 20s!
The Moral of the Story
Time and effort spent in the market is irrelevant!
There is something out there in the market that many of us still can't get hold of it!
Last updated : 14 Sep 2019
I am 63 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.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.