As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

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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.

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Wednesday, 31 May 2017

Seeing Shadow Of His Past Mistakes In The Market


Sometime while Uncle8888 is surfing the finance and investment blogs for reading pleasure; he may read some blog posts reminding him of his past shadows. 

 Look like it is true; human nature never change in the market. 

 Just that someone will step forward to repeat the same old mistakes in the market.

 This is still a Bull market and you are not making money trading on one direction. How you make money when the Bull market turns?



Posted by Createwealth8888 at 08:34
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4 comments:

  1. Follow the Spanish bullfighters. When bull is still running & charging, play with it. When bull is dead, just cut it up & enjoy beef steaks.

    "When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance. We’re still dancing" - (2007) Chuck Prince, ex-Citi CEO

    ReplyDelete

  2. Some mistakes can not be avoided one!

    What are they?

    ReplyDelete
    Replies

    1. Greed & fear??

      "Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering.” - Yoda

      And suffer you will, when the markets are already down -60% and you can't stop kicking yourself for not cutting loss earlier. Hohoho

      Delete

  3. Ya lor.

    The perpetual regret/remorse of buying and selling too early lol.

    There is always the so-called "Seller Remorse"

    Recently, i had sold all my Keppel D. C. Reits@$1.20 & $1.24

    Do you know i had to queue both prices for about a week or more.

    Now it reaches $1.295 just like that.

    Of course if after i sold, there is a dip in the market, then i will say "Heng Ah".

    Once in the market you can't escape all these happenings.

    In actual facts, quite use to it already.

    ReplyDelete

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