Comments on: My Trading and Investing Story – Part 1

By: Taufik

Taufik — Fri, 08 Oct 2010 08:43:10 +0000

well, everyone don’t like to lose money. but lose money is part of trading as well. we can’t escape it for sure.

If u say u not lose any, then u only virgin in market =)
Even waren buffet’s lose money lorh.. hahaha

However try train ur emotion, learn how to overcome fear, greed, revenge and much more. Stick with ur trading system. (Hard to do sometimes =P)

For me, I prefer this rule
“Cut your lose short, let your profit run”

Happy Trading. Cheers

By: AhYap

AhYap — Mon, 21 Jun 2010 15:49:53 +0000

@Irene, this is an old post I wrote. I no longer “trade”. I do fundamental research and try to buy business at discount, sell it at intrinsic value, and do it again. I “trade” value. So no technical analysis books recommendation for you. :p

By: Irene Ng

Irene Ng — Sat, 19 Jun 2010 09:09:56 +0000

So what book do you recommend to learn technical analysis? I think your problem here is that you need to identify stocks based on fundamentals and then use technical to start trading.

By: nono

nono — Thu, 06 Aug 2009 15:10:31 +0000

If u really read those great investor’s stories, they will also tell you that you need about 10 years to understand the whole share market, how it works.

You can’t just buy & sell your shares based on the hot tips or your instinct or analysis technique (no doubt that Ah Yap did made some money during the bull market but it won’t be long, he is definitely a good example), often indeed needs to study the company annual reports, the politic factors that will affect share market(e.g election,new policies) understand who is leading the company(like Steve Jobs from Apple), and alot of other factors(e.g tsunami) that can affect your shares value. I haven’t do any investment yet, as i am still learning what is about in the shares market, so just share with you all what i learn.

By: flo

flo — Thu, 21 Jun 2007 09:12:33 +0000

Hi Ah Yap!
i thought i belonged to your gang but actually after reading all of your blog…. i know i belong to both your gang and your parent’s gang.
Actually I hold stocks like your parents do…some have disappeared from the share market!
i sold some like you did to cut loss. Unfortunately, my choice of choosing which to sell and which to keep was bad; those i kept went …..????? ( CSM, FACB Resorts – now known as K’buncai +others ) Those i sold didn’t go down but recovered well above my buying price! ( Kwantas ++)
I steered out of buying for 3-4 years. A friend suddenly began to make $$$ gave me some tips but i didn’t follow….wahahahahha!
….He’’s making $$$$$$$$$$$$ again. I console myself that I didn’t lose only didn’t make. (”;)
At least I kept the rules!
Rule #1 – Don’t Lose Money!
Rule #2 – Don’t Forget Rule #1!
It was interesting reading your blog above.

By: ahyap

ahyap — Tue, 03 Apr 2007 05:56:09 +0000

No quick bucks can be made in speculating. Only BIG bucks can be made LONG TERM using value investing. You have to think of other ways to make quick bucks instead of using the share market. You can lose quick bucks in the share market.

By: Sre

Sre — Tue, 03 Apr 2007 05:43:10 +0000

Dude,
That was a cool article u wrote, Thx.
Actually, I was looking 2 make quick $$ prior
returning back 2 UK 2 do my doctorate.
U knw, cash in acct 4 studies.
Can u suggest any where I can make quick buck,
shares,etc with ur good experience.

Thx