tag:blogger.com,1999:blog-6897513886211197509.post6617412690471272721..comments2024-03-29T15:15:43.382+08:00Comments on Singapore Man of Leisure: Trading With Different Time FramesSingapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-6897513886211197509.post-20201379686877505852018-11-05T22:44:08.284+08:002018-11-05T22:44:08.284+08:00CW,
That's a very apt analogy of trading and ...CW,<br /><br />That's a very apt analogy of trading and investing :)<br /><br /><br />A hunter is like the bird with no legs - the day it stops flying, thats the day it rests forever... <br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-76510652433559414932018-11-05T22:32:48.177+08:002018-11-05T22:32:48.177+08:00temperament,
My secondary 2 geography teacher mot...temperament,<br /><br />My secondary 2 geography teacher motivated us by saying:<br /><br />"If others take 10 minutes to understand, and you need 8 hours to understand... So be it! Once you've understood, there's no difference!"<br /><br />We are BOTH strolling down the mountain; we are the same, same ;) <br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-29090722942186916492018-11-05T21:40:18.001+08:002018-11-05T21:40:18.001+08:00As farmer; once you have grown money tree; you can...As farmer; once you have grown money tree; you can shake legs and money drops from skyCreatewealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-73480771345589121682018-11-05T21:39:07.725+08:002018-11-05T21:39:07.725+08:00Trading is hunting. Investing is farming.
In hunt...Trading is hunting. Investing is farming.<br /><br />In hunting; you hit or miss!<br /><br />In farming; it takes time but you will never know whether you can harvest or not.<br />Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-89770502262704913612018-11-05T17:50:18.482+08:002018-11-05T17:50:18.482+08:00temperament,
The same can be said of investing.
...temperament,<br /><br />The same can be said of investing.<br /><br />That's why Peter Lynch's 10 bagger is so attractive during my time.<br /><br />Got one 10 bagger, can cover the rest of our investment dead duds!<br /><br /><br />Theory is sound.<br /><br />Problem is execution...<br /><br />How to know which stock will be a 10 bagger in the future?<br /><br /><br />One interesting note though. <br /><br />It seems the newer generation of retail "investors" have no animal spirits in them!? <br /><br />Or maybe they are high income or very comfortable at work.<br /><br />6-8% dividends very happy; 2.5% to 4% CPF interest they salivate?<br /><br />No one wants to shoot for the moon anymore?<br /><br />All herbivores?<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-18332504167147145982018-11-05T13:54:52.291+08:002018-11-05T13:54:52.291+08:00SGRetailTrader,
I get you.
But if market whole y...SGRetailTrader,<br /><br />I get you.<br /><br />But if market whole year like that I can't be sitting on the sidelines forever... <br /><br /><br />I want to expand my skillsets so I can not only trade in trending markets, I can also survive in flat sideways markets too.<br /><br />Shorter time frames are so much harder for my low engine cc brain :(<br /><br /><br />Now I wait for a catalyst to appear. <br /><br />Let's see how the markets will respond to the US mid-term elections!<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-59478827081787751202018-11-05T13:43:08.745+08:002018-11-05T13:43:08.745+08:00temperament,
Some theory is better than total ign...temperament,<br /><br />Some theory is better than total ignorance.<br /><br />But no theory in the world can replace first hand practical experience ;)<br /><br /><br />For trading with leveraged vehicles, no use of stop orders is like driving without seatbelts...<br /><br /><br />Most of the time we can get away with it, but just one time unlucky we'll gonna get hurt serious, serious!<br /><br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-39318807242474828982018-11-05T13:31:28.791+08:002018-11-05T13:31:28.791+08:00Aye, hence the context of my earlier comment. No ...Aye, hence the context of my earlier comment. No 100 pt move in SPX expected, not worth the trouble to enter! Don't play a trade unless the movement can be big enough darrenhttps://www.blogger.com/profile/12207832191060889856noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-27148243535872464952018-11-05T13:25:29.056+08:002018-11-05T13:25:29.056+08:00coconut,
I've talked to seniors who reminisce...coconut,<br /><br />I've talked to seniors who reminisce about those CLOB cowboy trading days...<br /><br />Now that's volatility!<br /><br /><br />Last Thursday and Friday power move up; today STI dropped like a stone...<br /><br />I don't play liao :(<br /><br />I go sit on the sideline and suck my thumb. <br /><br /><br />I've no clue now whether STI will break 3000 or 3100??? <br /><br />No feeling; no commit ;)<br /><br />LOL!<br /><br /><br /> <br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-75386527347097252862018-11-05T09:37:57.858+08:002018-11-05T09:37:57.858+08:00this kind of wild swing are common in the 90s and ...this kind of wild swing are common in the 90s and 2000s, back in those days we have many many champion tok kong trader like me being wipe out everyday!<br /><br />today i never heard people get wipe out, lost a bit of money making hell lot of noise! we have lost touch of reality. coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-75182633305187810952018-11-03T23:31:11.783+08:002018-11-03T23:31:11.783+08:00hyom hyom,
Thanks!
I am back to the relaxed stat...hyom hyom,<br /><br />Thanks!<br /><br />I am back to the relaxed state. <br /><br />Made some kopi money. They don't matter in the big scheme of things, but got some new insights on how much I can take the stress of trading more than 12 hours a day ;)<br /><br />I can't!<br /><br />LOL!<br /><br /> <br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-30221582811055989172018-11-03T23:20:50.777+08:002018-11-03T23:20:50.777+08:00SGRetailTrader,
100 handles for the S&P minis...SGRetailTrader,<br /><br />100 handles for the S&P minis?<br /><br />In money terms, that's the equivalent of a 500 pips move for a full-sized currency futures contract ;)<br /><br /><br />In trending markets, of course I would be happy to do that trade too!<br /><br />But in 1 day up, 1 day down markets, like the S&P minis today swinging within a 60 handles range, locking-in a 30 to 40 point profit is not too shabby ;)<br /><br />After lunch, those who longed the S&P but didn't take profit when it surged after Trump's trade talk "good news", would be been stopped out now with all US indexes in the red after the US opening :(<br /><br />Well, the euphoria ended quickly! <br /><br />Guess what? Tomorrow morning they could all be in the green with their famous last hour reversal?<br /><br /><br />I have to get in sync with the markets. <br /><br />Like you, I would much prefer to get my 500 pips in one single position trade. <br /><br />Sometimes I have to settle for 5 x 100 pips swing trades.<br /><br />And it could also be 25 x 20 pips intraday trades! <br /><br />LOL!<br /><br /><br />Just expanding my skill sets to include intraday trading, when needed ;)<br /><br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-80018229971066502612018-11-03T15:04:20.970+08:002018-11-03T15:04:20.970+08:00Hi Jared,
Take care of your health when you do in...Hi Jared,<br /><br />Take care of your health when you do intra-day trading. Good health and mental alertness is more important when doing intra-day trading to keep execution risks low. Strike while the iron is hot for as long as you can. For less versatile traders like me, I'm happy to watch as a spectator since I'll be burnt by the hot iron:)<br /><br />Live long, have fun and prosper.<br />hyomhttps://www.blogger.com/profile/00175340583474513718noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-67922477447506958092018-11-03T08:09:04.610+08:002018-11-03T08:09:04.610+08:00Rainbow girl,
That's why I decided to change ...Rainbow girl,<br /><br />That's why I decided to change my trading time frame instead since last Friday.<br /><br /><br />When market is quite volatile as in 1 day up, 1 day down, it does not pay to trade for the longer time frame which I prefer - I would be stopped out.<br /><br />In the past, I would be sitting on the sidelines; I don't play.<br /><br />This time, I challenged myself.<br /><br /><br />Oh! By the way, each time frame has their own stop-loss rule. And remember our No. 1 trading poke:<br /><br />Never let a short term trade turn into a long term investment!<br /><br /><br /><br /><br /><br /> Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35449942894301171652018-11-03T00:38:15.150+08:002018-11-03T00:38:15.150+08:00Hi SMOL,
This week I learnt that setting stop-los...Hi SMOL,<br /><br />This week I learnt that setting stop-loss is an art. As intra-weeks volatility differs, even when trading for a longer time-frame, I find myself constantly adjusting my stop to cater to the wild swings. <br /><br />So I just gave up. Rainbowhttps://www.blogger.com/profile/17762360552800572152noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-43098001303534283282018-11-02T21:45:48.754+08:002018-11-02T21:45:48.754+08:00decide what is worth trading for and that determin...decide what is worth trading for and that determines timeframe? When trading S&P i will target what I think the next 100 point move will be. any projected move below that threshold may not be worth the effort..darrenhttps://www.blogger.com/profile/12207832191060889856noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-69926786444218961512018-11-02T11:14:01.405+08:002018-11-02T11:14:01.405+08:00coconut,
I am not smart to be the early movers (s...coconut,<br /><br />I am not smart to be the early movers (smart money), but if I can jump on the developing trend as part of the early majority, I would be very happy!<br /><br />Just as long I have the late majority and laggards to sell to :)<br /><br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-26671479960623395762018-11-02T11:05:23.498+08:002018-11-02T11:05:23.498+08:00temperament,
I have no wish to be someone else...temperament,<br /><br />I have no wish to be someone else's bacon ;)<br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-23285913798693805452018-11-02T10:37:53.920+08:002018-11-02T10:37:53.920+08:00not only intra day trend are unpredictable, long t...not only intra day trend are unpredictable, long term trend is also unpredictable.coconuthttps://www.blogger.com/profile/09479603768240288905noreply@blogger.com