tag:blogger.com,1999:blog-6897513886211197509.post8154194000011232169..comments2024-03-29T16:34:17.069+08:00Comments on Singapore Man of Leisure: I give myself a re-rating on an exitSingapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-6897513886211197509.post-47801655360700207572015-08-22T00:01:39.283+08:002015-08-22T00:01:39.283+08:00Rolf,
We all have our own unique strengths and we...Rolf,<br /><br />We all have our own unique strengths and weaknesses. <br /><br />Let's celebrate the diversity in all of us!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-86288477384467099392015-08-21T23:52:00.150+08:002015-08-21T23:52:00.150+08:00ah.... know ourselves... sounds familiar. hehe ah.... know ourselves... sounds familiar. hehe Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-67500248772417525602015-08-21T22:15:18.643+08:002015-08-21T22:15:18.643+08:00Hmm. I was told that a person spent his lifetime f...Hmm. I was told that a person spent his lifetime figuring out why "1+1 is not equal to 2". <br /><br />Great that you found yours. <br /><br />Mine should be my philosophy to keep thing simple. As simple as it can be. :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-49959620154276665942015-08-21T21:41:42.636+08:002015-08-21T21:41:42.636+08:00Frugal Daddy,
I, me, and myself? LOL!
I'm no...Frugal Daddy,<br /><br />I, me, and myself? LOL!<br /><br />I'm not a perfectionist by any stretch of the imagination. <br /><br />But like all craftsmen, there is a joy and quiet satisfaction in producing good "work".<br /><br />Bit by bit, I begin to understand why the Zen monk spends countless hours drawing circles over and over again in pursuit of his calligraphy.<br /><br />And appreciate why the Samurai warrior keeps doing the same sword slash a thousand times...<br /><br />It just happens trading is my chosen cultivation tool :)<br /><br />NamasteSingapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-59764333395384364062015-08-21T21:15:55.043+08:002015-08-21T21:15:55.043+08:00Hi SMOL
Don't be so harsh on yourself. Why ra...Hi SMOL<br /><br />Don't be so harsh on yourself. Why rate yourself on a action of yours. It is a collective you that make you unique :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-24300946277362510302015-08-21T19:57:35.094+08:002015-08-21T19:57:35.094+08:00Luckily you write as rescue funds and not bailout ...Luckily you write as rescue funds and not bailout funds! I agree...last year was easy peasy happy go lucky but this year is like the complete opposite... <br /><br />I'm also evolving along with the market...must go with the flow rather than against the flow since I'm only ikan billis and not a big whale! Joyce Leonghttps://www.blogger.com/profile/08819848496778263890noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-10298969398247473632015-08-21T11:05:21.173+08:002015-08-21T11:05:21.173+08:00Sillyinvestor,
I am doing what I enjoy in this ne...Sillyinvestor,<br /><br />I am doing what I enjoy in this next phase of my life.<br /><br />Managing my own nano-hedge fund and trading business is a "full-time" job.<br /><br />I would think Steve Jobs and Richard Branson are grasshoppers too ;)<br /><br />I think most people have misunderstood the metaphor of "grasshopper"...<br /><br /><br />"Investing to Achieve", and "Investing to Escape" are not the same.Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-10115134066675948512015-08-21T10:51:24.793+08:002015-08-21T10:51:24.793+08:00SMOL,
A grasshopper saying it's ok to work ti...SMOL,<br /><br />A grasshopper saying it's ok to work till we drop dead if we like our jobs. U ok bo.<br /><br />Was talking to my colleague, and I think she does has the intention to work as long as she is able and she is old.<br /><br />Funny thing is when she is younger, she did thought of stopping etc... <br /><br />Now that she is near retirement and (more than enough to retire with plenty of money) she just want to keep working.<br /><br />We will only know what we really want when we get it. If te magic disappear once u got it... U know it is just another motivational goal but not what your heart really desire Sillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-72674421971590881372015-08-21T10:44:44.497+08:002015-08-21T10:44:44.497+08:00Sillyinvestor,
For a trader, it's easier to k...Sillyinvestor,<br /><br />For a trader, it's easier to know and rate ourselves - 2 years and if we are honest with ourselves, we will know whether we have an edge or just cannon fodder for the rest of the 10%...<br /><br />For an "investor" - need to go through a full bull/bear cycle. And that may take 5-7 years to really know who and what kind of "investor" we are...<br /><br /><br />That's the REAL reason for starting early.<br /><br />Not the excel file extrapolation on the wonderful effects of "compounding"... That's the realm of fantasy and day-dreams...<br /><br />The earlier we know ourselves, the earlier we can adopt the RIGHT vehicle.<br /><br />And that may mean some would realise neither "investing" nor trading are suitable for them... <br /><br />What's wrong with having a job that we like doing and doing it till we drop dead?Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-64286710174002101222015-08-21T10:11:03.955+08:002015-08-21T10:11:03.955+08:00Rolf,
As a trend follower, I prefer to buy it bac...Rolf,<br /><br />As a trend follower, I prefer to buy it back when it breaks $0.60 on the way up again ;)<br /><br />I am lousy at picking bottoms :(<br /><br />Don't like to catch falling knives. If $0.55 breaks, the further downside could be ugly...Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-82636669285073870172015-08-21T08:59:34.707+08:002015-08-21T08:59:34.707+08:00Ya, how could I have forgotten? I was referring to...Ya, how could I have forgotten? I was referring to dinner. LoL<br />We need to have a drink to celebrate. :)TheFinance.sghttps://www.blogger.com/profile/11016651993435034511noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-6015334230321529792015-08-21T08:30:36.357+08:002015-08-21T08:30:36.357+08:00SMOL,
Don't know lei...
No strong feelings l...SMOL,<br /><br />Don't know lei... <br />No strong feelings lei...<br /><br />I am buying back a lot of counters which I sold earlier. I am buying back at lower selling price and some even lower than initial entry price.<br /><br />But I not excited...<br /><br />When I am selling, I also not really excited.<br /><br />Just always a bit worried.... Whether buy or sell... Always a bit worried<br /><br />At the rate I am reconstructing my portfolio...<br /><br />I think I am going to be "more worried" soon<br /><br />Until now, I still don't really know what kind of investor I am, so cannot really rate my performance. Until It is quite clear what kind of investor I am notSillyinvestorhttps://www.blogger.com/profile/03228581533460899084noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-76016928401793827002015-08-21T08:17:59.656+08:002015-08-21T08:17:59.656+08:00Hi SMOL,
So the question is enter again no a 0.55...Hi SMOL,<br /><br />So the question is enter again no a 0.55? <br /><br />As the stocks plunge, most top analysts are now very quiet! I still remember last year so many younger ones talking about long term double digit returns... now all sort of gone quiet. <br /><br />yeah time to re rate!<br />Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-35428590218855719302015-08-21T07:36:26.215+08:002015-08-21T07:36:26.215+08:00Derek,
Thanks!
Remember the stock we talked abou...Derek,<br /><br />Thanks!<br /><br />Remember the stock we talked about sometime back with hm over dinner? <br /><br />It has broken $3 yesterday ;)<br /><br />It's not ego or anything; but I need to pat myself on the back on those rare occasions I finally get it right!<br /><br /><br /> <br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-19431213056238580802015-08-21T00:23:18.340+08:002015-08-21T00:23:18.340+08:00Hi SMOL,
I give you a 赞. My edge is probably anal...Hi SMOL,<br /><br />I give you a 赞. My edge is probably analysing my site's traffic? But then again a post with high traffic doesn't mean anything too. Hahaha.TheFinance.sghttps://www.blogger.com/profile/11016651993435034511noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-59739710255427860382015-08-20T21:20:00.755+08:002015-08-20T21:20:00.755+08:00CW,
That's where your wisdom of "not mak...CW,<br /><br />That's where your wisdom of "not making back the same way we lost" comes in ;)<br /><br />However, it doesn't help those who do the same thing over and over again expecting a different result :(<br /><br />You are a good case study of falling asleep in 2008, fell, picked yourself up, and do it DIFFERENTLY this cycle.<br /><br />With your capital safely under your pillow, this 15% decline is not so fearful, is it?<br /><br />Cash works wonders as ballast during stormy seas ;) <br /><br />Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-7924985707610298502015-08-20T20:50:26.043+08:002015-08-20T20:50:26.043+08:00Cash flow from where? Market or Salary? Just pain ...Cash flow from where? Market or Salary? Just pain but no breakdown. Someone just told me he has lost many years of his bonus to Mr. Market and worked the past few years for nothing. :-(Createwealth8888https://www.blogger.com/profile/08563834016250153049noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-15714839931788598062015-08-20T20:28:19.830+08:002015-08-20T20:28:19.830+08:00Joyce,
For us trading full time, and with no fres...Joyce,<br /><br />For us trading full time, and with no fresh "rescue" funds from our day jobs, we can't do what most part-time retail do - let a trade turn into a long term "investment".<br /><br />If we take care of the downside, the upside will take care of themselves.<br /><br />Tell me about it! <br /><br />The setups that worked for me last year are not working so well for me this year... Must constantly adapt and "be in sync" with the markets. <br /><br />Back to sharpening the saw!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-75142582042121853982015-08-20T20:19:14.594+08:002015-08-20T20:19:14.594+08:00Good answer. Agree! That's how we ride the cyc...Good answer. Agree! That's how we ride the cycle up and down :) la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-2200796324202715092015-08-20T20:08:55.791+08:002015-08-20T20:08:55.791+08:00LP,
A price over $0.80 will be a good level to st...LP,<br /><br />A price over $0.80 will be a good level to start taking money off the table!<br /><br />But that's an investment for another investment cycle. Let's finish this 2009 to ???? cycle first ;)<br /><br /><br />Just showing an example to illustrate the importance of flying with both wings ;)<br /><br />It seems Buy and Sell are quite emotive words. Some even equate selling with shorting!?<br /><br />Hence I choose the neutral words of Entries and Exits ;)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-12090013379603753382015-08-20T18:11:23.159+08:002015-08-20T18:11:23.159+08:00Hi SMOL,
Your story reminds me of my exit from a ...Hi SMOL,<br /><br />Your story reminds me of my exit from a REIT at break even. After my exit, it went up a few more cents then today it's trading less than a dollar.... <br /><br />Agree with you that being better or more precise and entries and exits will improve performance drastically. I think consistency is under rated as an investor or trader. If I am consistently making money, I call that a hell of a competency to have. Joyce Leonghttps://www.blogger.com/profile/08819848496778263890noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-6515706306391413622015-08-20T17:24:25.473+08:002015-08-20T17:24:25.473+08:00Hi SMOL,
Maybe when it returns back to $1, you...Hi SMOL,<br /><br />Maybe when it returns back to $1, you'll re-rate again? LOLla papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.com