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Victorious Spirit Self Talk
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cheongweevictor
Supreme |
19-Jun-2020 13:36
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Everyday,,and day to day,, u read expert say this and that,,one say the rally got aother 40% up side,,and another say u are gg to see the worse ó r the worse is yet to come,,, they are all branded name like WB standard,, Ray Dalio,, Jim Roger,,and many other big names... all opinion different from one another. so who to believe and follow,, do not believe all..,, it is better to believe market.., the supply and demand of stock,,fund flow and etc,,can show us roughly where market is heading,, because u make money from it ..not from other opinion.. as they expert too can go wrong, and if u lose money follow them,, they are not gg to compensate you. like those bearish forumer, always call ppl to sell,, just because they sold already.. and they share nothing but news,, no stock to share,,no rough idea where dow is heading,,  no idea when to buy,, and not sure  thensleves yet give poor advise causing other heartaches losing their hard earned money,,,, |
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Goldendog
Master |
19-Jun-2020 13:35
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I think maybe what he meant is using CFD to short or long wall street stocks or index..
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cheongweevictor
Supreme |
19-Jun-2020 13:16
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I have 3 CFD account funded but yet to use,, they are ready for shorting the mkt if a big crash come. btw,, what is wall st cfd??? I have got Ameritrade,
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cheongweevictor
Supreme |
19-Jun-2020 13:13
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But over all, we got nothing really to worry as  those correction going to happen are part of the uptrend,, bear would like u all believe, otherwise.. when i went for trading course and value investiong course,, no teacher or lecturer told us we must read news,, in fact, on the contrary,, they told us to look at value and so long is cheap u buy them,, and TA too.. just look  at chart,, not read news,, only at sharejuntion u all got confuse by bad news forumer..news will affect mkt,, but only those black swan,, all of a sudden news happen over nite can josh mkt,, like a big bank go bankrupt,,, or war ,, serious event happen out of the blue,, not those that are anticipated one. |
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Peter_Pan
Supreme |
19-Jun-2020 13:07
Yells: "kopi-o siu dai mai hum!" |
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Do you trade wall street cfd?
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bmaiw198
Member |
19-Jun-2020 13:02
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yes, thank you! shall go and educate myself about the us markets before entering haha
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cheongweevictor
Supreme |
19-Jun-2020 13:01
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Human nature,, the trick is to tell yourself,, mkt always come back,, and the drop got nothing to do with my sound  fundamental stock,, though it follow mkt go down, but it will not go bankrupt as u know they got strong bs  and fundamentally OK. so always look far,, otherwise u anyhow sell,,only to find the next day market go up again..end up regret yr action that is why i am worry u all anyhow sell due to panic see deep red.. so alway sell half only to take advantage to buy cheap later if got deep correction or crash, or dont sell and acc more, or u can do nothing just relax.. no need to worry., and got resource buy more. remember market always come back,, tell yrslef this,, and crash and deep correction are part of mkt activities.
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Goldendog
Master |
19-Jun-2020 12:59
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Yes if do long no need keep monitoring unless FA changes, in this way will not lose sleep..this Mr Vic say one..  ![]()
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Goldendog
Master |
19-Jun-2020 12:56
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Yes Ascott have..in my other account..forgot to mention..i bought 10lots at $1 then 30lots at $1.04
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kaminokenshi
Veteran |
19-Jun-2020 12:49
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That was before i was active on this forum. I was reading reddits alot and saw someone recommend INMD.  I didn' t sell at a loss. was having a small profit at that time but got scared by the big correction so sold some stock that was still positive.    Really need to step up my mentality. Should just stop looking at stock price once decide to go long. Everytime it falls alot i get panick lol. 
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cheongweevictor
Supreme |
19-Jun-2020 12:47
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How about ascott,,I remember u said u have this?
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Goldendog
Master |
19-Jun-2020 12:40
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I have AIMS APAC reits, valuetronics, ireits, DBS, Mapletree NAC, ST engineering, Guccoland, SPHreit.. My bulk is in AIMS.. |
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cheongweevictor
Supreme |
19-Jun-2020 12:34
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These are expected..like a rise in new cases,, with everyone moving around, what do we expect??? market know this. but anyway mkt is not move by news,,, news is the last one ,,lest important to affect mkt, more important,, there must be liqudity and demand for stock,, this we have the fed to do the job.by buying bond, and give stimulus so long liquidity is there and demand is there,,stock will continue to soar,, regardless how high the umemployment rate and other covid related issue..bad news,, that is why mkt continue to soar with so many bad news,, and also mkt is forward looking, this is a fact. mkt is always 6 mths ahead of the real economy, u can google this point too,,
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cheongweevictor
Supreme |
19-Jun-2020 12:27
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As usual ,, u must read the bs,, u dont want to buy junk,, But now nasdaq is bullish,, mostly those information tech stock, related to cloud data,, life science and e commerce stock will do well.. did i answer your question?? 
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cheongweevictor
Supreme |
19-Jun-2020 12:22
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Try not to buy penny, but if u bet,, bet small,, SGX penny very slow,, and not so liquid,, but if too liquid also cannot take it ,, like US,, can go down 50% day to day,, i cannot take this,, and they are very fast,, i dont knw how to play them , those penny in US..  the rest of stock OK,only singtel not doing wel, but it is ok too,,
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cheongweevictor
Supreme |
19-Jun-2020 12:18
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Of course a black swan event can come any time, but i do not forsee one anytime soon, But we must be always prepare,. have a plan,, like which one to sell, and do so without panic,
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bmaiw198
Member |
19-Jun-2020 12:17
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Hi Mr Cheong,  what should we go read up on if we are looking into entering the US market? Thank you! |
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huathuat88!
Member |
19-Jun-2020 12:16
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Yes, i vested a small amount in this and thinking of buying more to average down. I also have good stocks you recommended for st engr, comfortdelgro and ascott. Bought singtel way before but it doesn' t seem to climb back. Pennies also vested in Ausgroup and KLW. 
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cheongweevictor
Supreme |
19-Jun-2020 12:15
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Do not worry, slowly we will recover,, dont be in a rush,, just stay here, i will share ,, hopefully help u  all make back,, but i think u all shd do US.or HK.. SGX not so good,  i think US better,,
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hobbes12
Senior |
19-Jun-2020 12:15
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I used to trade stocks years ago but sold them off a long time ago so I didn' t have any stocks during the March crash. All the stocks I have now I bought from April 2020 until now.
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