yes,i am also a new investor and do a little profit but just like what you say satisfaction is the most thing that i enjoyed ... i earn some experience and skill through the mistaken that i make before...
Learn. Learn. Learn. Learn. Learn. Understand the Numbers. Understand the Company Control emotion. Check My Mistakes. Knowledge about the economy. Know your counter.
High strategy in QUANTS = QA is the good answer to making money in this endless 'financial war'. QA > = FA + TA.
Quants is highly demanding. It requires current n deep knowledge n know-how on perfect timing n most importantly, taking action at Right Cycles of biz, economy, niche products n services, industrial sectors n theme in play, to investment-clock cycle n cyclical acts in monetary n fiscal tricks n more... It deals with lots of charting. All these will converge into multi dimensional charts that is best decided by the power of TA.
Of course, Good Luck is 1 big component of this equation.
& LUCK = OPPORTUNITY + ACTION.TAKEN
Every person has the same luck n opportunity in facing the mkt but not everyone takes the same Action. So HOW ?
So many types of cycles listed above to master !
Unlearn n relearn. Stock investment is a 'financial jigsaw puzzle'. U need to collect n have all the pieces to finally fix n appreciate the full picture = money. I do present some nice pieces in my diary/forum on real-time.
Well done young man. Your ROE is in fact more than 100%. Jiayu jiayu! Just a thought here. Don't be deluded into a sense of infallibility of short-term success. Leverage is a double-edged sword. When it cuts, it hurts. Your leverage in my opinion is not low. Follow a good process of investing. I don't suggest trading, maybe a little bit for itchy fingers only. Why? The chance of making it is low because of the frictional costs. Apply what you have learned in financial accounting, and valuation if you have learned too, the chance of success for long-term investment is higher. Best of luck.
Learnt during the year to let "Profit Run" a bit longer to increase profit of each trade by 50% or even 100% more (i.e. instead earning RM100, wait a bit longer patiently to earn RM200).
Patience is rewarding.
Still so much more to learn... from experience and from others experience. Great to have a forum like this with people willing to share their knowledge and experience.
Thanks to all with sincere advice, sharing and/or constructive criticism.
Sound it's simple "understand the number, understand the company" but in fact it's depend on how well you understand it.. I'm learning it now and let's us "jia yu" together.
Portfolio in big (paper) loss = Current holding in paper loss Total investment, still gain ROC >50% after taking into account the 'paper loss'.
If the current holding, especially KFIMA & GENTING back to GREEN, ROC may be closed to 80%~100%.
In accounting term, PL is profit (realised gain less unrealised loss) but balance sheet side, the carrying amount of investment is currently below cost.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
rogerlim
424 posts
Posted by rogerlim > 2012-10-12 23:11 | Report Abuse
yes,i am also a new investor and do a little profit but just like what you say satisfaction is the most thing that i enjoyed ... i earn some experience and skill through the mistaken that i make before...