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

Tuesday 14 June 2016

Book : The Art of Execution

 
 
 
 
What a losing investment approach looks like?
 
 
See carefully!
 
 
 
 
 
 
 
(Take smaller profits so no big winners)
 
 
 
 
Lucky, Uncle8888's investment approach over the last 16 years in the stock market doesn't look like losing investment approach.
 
But, definitely need improvement to avoid more losing ones!
 
Not sure will more patience help to improve?
 
Fishermen watching for the tide of the day and night investing strategy!
 
A few big losers with a few bigger Winners.
 
In fact, one or two bigger winners can offset the total sum of losers!
 
 
 
  
 

3 comments:

  1. Losing is part of the Game,but we still need to continuously work on offsetting these losses and to avoid adding future big losses.

    ReplyDelete
  2. Try goal settings on better entries and exists?

    Something we can control? OK, don't like control switch to influence lor!

    At least its better than plucking a figure out of thin air and saying my goal is X% return?

    If its an absolute return % backed with long/short strategy I can accept.

    But if its absolute return % based on long only strategy... Well, somebody is in denial ;)

    ReplyDelete
    Replies
    1. temperament,

      Exactly!

      What's the point of setting X% returns goal annually when its more a case of market goes up I hit my goal; market goes down I don't hit my goal???

      Setting goals on something we have no control or little influence over?

      The goal may meet SMART criteria; but fails on logic...

      Delete

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