Recent content by Thousand

Regardless of all these arguments going around between Coolweb and Steve46, this thread is pretty helpful and I appreciate you guys for posting this. Steve46 gave a very good advice of looking at the statistic to manage risk Coolweb contributed too by pointing out that risk should be...

Personally, it is not money that motivate me to trade. I trade because I want to compete and win at this "game." Right now, I haven't made enough to buy a Ferrari yet, but when I do, I'll most likely use that money to trade and try to make more money. I have to admit that money does...

First thing is that there is no guarantee that the mutual fund could consistently produce 20% annual return in the future. Second, picking the right mutual fund is a course in itself. So, why not get into trading and in the meantime acquire the skills that is needed to earn that consistent...

At this time, the market says google is worth $416. The market is always right, no matter how irrational the price is.

Good play Trend Fader! How did you know it was going to pull back?

Apple have been shooting up eversince May. It is natural to have a pull back. The question is when, which it could be costly to find out. Trying to pick tops of a strong stock in an uptrending market is very risky..as in your win-to-lose ratio drastically lowered. Why not wait til you...

I have done a lot of thinking. I have thought about playing it safe and putting borrowed money into S&P for a long term investment. However, the return would be quite low, because I would only be getting the spread between the rate of return from S&P and the interest rate. As well, the tax...

Yes, I did trade at Swift. It was the only trading firm back then. There was no other trading firm to work for. I did consider moving back to my parents' place, but then I would be back into the comfort zone.

Hi NihabaAshi, I moved out of my parents' place a year ago, and I only took the things that I bought. I moved out because I don't want to burden my parents anymore. Also, I don't want people to look down on me as a 25 year old guy who is still living with parents. I have only been...

I was a trainee and I was having difficulty in meeting their expectation.

About 2 years ago, I was terminated from a trading firm. Having difficulty finding another trading job, I finally gave up my dream of becoming a trader and settled for a low paying accounting job in a food service company. My time dedicated to completing CFA Level I, reading investment...