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

Monday, 19 February 2018

Minimum You Have To Go Through One Full Market Cycle: Bull-Bear-Bull or Bear-Bull-Bear. If Not Don't Talk Too Loud!


This afternoon; Uncle8888 has kopi session with one new Starfish who wanted to restart her investing journey at the next Bear market and wanted to hear directly from Uncle8888's mouth on surviving market cycles and of course with paper and pen.

 Here is the real investing lesson on market cycle for newbies!

 Starfish started trading (investing) in 2015 and winning easy money and progressed into contra trading and winning easy money all way to 2007. More or less like Uncle8888. LOL!

Read? Contra Trading. Damn Shiok!!! (2) - Refresh


 See closely the chart below for Starfish's starting and ending point and you may understand the moral of the story.

Starfish emotionally couldn't take the losses farther; cut losses and completely out of the market till today. Total losses more than $100K!

 So what is the moral of the story?



Posted by Createwealth8888 at 21:12
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6 comments:

  1. Createwealth888819 February 2018 at 21:41:00 GMT+8

    If you haven't feel the pain in the market is that you haven't lose big enough.

    ReplyDelete
  2. sleepydevil19 February 2018 at 22:45:00 GMT+8

    Some people lose abit and screaming in pain.
    Most call us gamblers!

    ReplyDelete
    Replies
    1. Createwealth888819 February 2018 at 22:47:00 GMT+8

      Lose abit and screaming in pain. Better bet ToTo when Jackpot prize hit $4m and above. Don't touch any trading or investing.

      Delete
    2. Spur20 February 2018 at 01:37:00 GMT+8

      Actually it's statistically better to bet toto when jackpot is $1M or $2M.

      When prize money too big, chances get reduced drastically as everyone cheong to buy. LOL!

      Delete
    3. Singapore Man of Leisure20 February 2018 at 08:54:00 GMT+8

      Spur,

      What you've said is "crowd herding psychology" in a nutshell.

      Bitcoin below USD 1,000 no one interested; price above USD 10,000 monkey see monkey do!

      Never understimate the allure of HIGH prices!


      Delete
  3. Spur20 February 2018 at 11:59:00 GMT+8

    Chance for an individual to select winning numbers is the same.

    But chances of multiple winners higher when prize money is big & there are lots of publicity. ;)

    Of course, there's always divine luck like that fellow who won $8+M all by himself lol!

    ReplyDelete

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