Books 1. "The Intelligent Investor" by Benjamin Graham 2. "Rich Dad Poor Dad" by Robert T. Kiyosaki 3. “Think and Grow Rich” by Napoleon Hill 4. “One Up On Wall Street” by Peter Lynch 5. "Common Stocks and Uncommon Profits" by Philip Fisher 6. “The Complete Turtle Trader” by Covel, Michael W Have you heard of or read the above books? I did and I read more than that. Understanding the ideas, principles and strategies behind these books may not necessarily means you will be successful in investing. These ideas require you to have certain discipline and skill sets. And more importantly, patience. There is another part of  investment which you need to understand and that is your psychology about money and human nature. Stock Market Crises / Panic since 1995 1. Asian Financial Crisis (

Hmm I'd have to say lucky talents yes the talented lucky are the winners

$NVDA 20240726 136.0 CALL$ Opened 26 positions ~ multiples of 13 are my luckiest trades 

An intriguing upcoming IPO is that of Trump Media & Technology Group Corp, merging with SPAC Digital World Acquisition Corp to trade under the ticker DJT on March 26, 2024. This merger, associated with Donald Trump's social media platform Truth Social, could generate speculative interest, particularly as Trump makes another presidential run. The SPAC's value has already seen a significant increase, jumping 400% in anticipation of the merger. Given this backdrop, there's a plausible scenario where Trump's supporters might drive the stock price even higher, potentially beyond rational valuations. A unifying factor among these companies is their cautious or underwhelming forward guidance, leading investors to recalibrate share prices. This trend suggests that the post-earnings declines we

making money from stock is true. example buying suntec trust now, and sell before dividend end day in the end of next month, should be earn money.

There are those who treat stock markets like gambling.  Those who punted during the meme stock saga and who were successful, is due to dumb luck. High leverage was used to get the crazy returns. During that period, it is perceived that stock markets are easy money.  For every successful Wall Street bets, hundreds to thousands lost their money and they didn't dare to voice out. The name that was used Wall Street bets is telling on their mind sets.  Their "success" is unlikely to be replicated. They were lucky to enter at right time and exit at right time.  Another recent craze is on crypto. So many people got burned and they do not realised that it's a greater fool game. Those who are knee deep in crap, needs people to buy from them so that they allan exit. [Facepal

🌟🌟🌟📮📮📮Talent versus Luck - Which is more important when it comes to investing in the stock market? Talent can be defined as a natural aptitude or skill.  However when it comes to investing it is not easy to have a natural aptitude for investing.  It is more important to develop a skill as something that a person becomes good at through practice and training.  This means spending time to look at the facts about a business, about an industry and thoroughly evaluate the business before deciding whether to buy the stock.  To get really comfortable with reading company reports, profit and loss statements, balance sheet and also checking out the key persons in management whether their interests are aligned with their shareholders.  Talent will come through due diligence

Listen up $Tiger Brokers(TIGR)$, Investing, particularly over extended durations, is predominantly an exercise in skill rather than chance. Despite this, the prevailing perception in both popular sentiment and financial media often leans towards luck overshadowing skill, given the intricacies and volatility inherent in short-term feedback loops. In recent years, an influx of new participants in financial markets, enticed by the allure of "effortless gains" and "swift returns," has become conspicuous. The confluence of luck and skill in investing is undeniable, yet during prosperous periods, the prevailing narrative tends to attribute success solely to one's acumen. How can we systematically assess whether investment returns are rooted more in

Reward and punishment, right and wrong, are two completely different sets of concepts. However, people often easily confuse them, mistaking reward for correctness and punishment for error.What is a mistaken reward?It means you've done something wrong, yet received a significant reward. This can lead to overestimating your abilities.For example, Tom made a lot of money in a meme stock like $AMC Entertainment(AMC)$.He might draw lessons from this successful experience and believe that meme stocks can bring huge profits. It's easy to see that most of his speculative trades are likely to result in losses. $Tiger Brokers(TIGR)$ Does making money necessarily mean you have a talent for stock trading? Or is it alw

$Tiger Brokers(TIGR)$  PCT: Lucks Or Skills? v10.0 : PCT = Pandas Coffee Talk. This Old Post May Misleading Newbies To Money Losses. To be safe. Modified Post way below: Some say to become rich. You just need to marry a rich wife. Me RickPANDA? If you can analyse all winners stocks. And all-in in that best one. Then you piggy-back on the superbullet train to the stars. Newbies please read on... Modified Better Post: You everyday beta testing 170Girl Fractional Shares 1.00USD. Also you everyday beta testing 110Girl Fractional ETF 1.00USD. You data crunching all these daily market results into spreadsheets. You sleep many nites whole notes thinking what only one ticker to fly. You subscribe to AI Coach like Investing .Com Pro User to confirm yo

I would say making money from trading is based on skill, luck and time. Skill & time:make an effort to understand the basic of trading. Thereafter, spending time to understand the chart. Uptrend, downtrend, sideway etc etc. Using market depth to assist in buying or selling mode. Luck:have HNW friends who have invested more than SGD 1 million in SG markets, Thailand, HK & China. Self managed SG market whereas the rest (Thailand, HK & China) are managed by Fund House. Their stake are very high whereas I slowly accumulate SG counters under their advice.Theirs minimum is 50,000 shares per SG counter or each transaction is SGD 50,000.Otherwise, it is not worth their time to monitor or dividend. [Surprised][Facepalm][OMG][Observation]. After awhile, under their influence, my minimu

$Tiger Brokers(TIGR)$ Making money is easy indeed, my friends. Just have to be patient in trading stocks with great momentum at every trading session. You must have lots of patience like buying and selling Tesla, TSLA.  Just sit, watch and wait for the price to come down to the day's lows and jump in. Once in, wait like a hawk for the shares to curl up and hit at the price which will give you a handsome profit for the day. Yes, that is how I trafed TSLA almost at every trading opportunities. Go figure, do your due diligence and scalp for profits. You never loose taking profits, my fellow Tiger  traders. Good luck on Monday, the third day of the Lunar New Year when US trading starts from pre-market till post -market hours the next day. C

talent or luck, I guess you need both to be successful. though luck may run out... so it's important to have talent so that if luck does run out, talent is there to pull you through. I guess often than not, not being patient is the result of losing a trade, of course others like not having risk management, trading too aggressively, not diversifying portfolio can be attributing factors as well. @koolgal @HelenJanet @Shyon @Aqa @rL @GoodLife99

$Tiger Brokers(TIGR)$ My view is it involves a combination of talent and luck. Talent is needed for understanding the market, conducting research, analyzing data, and making informed investment decisions. Skills such as risk management, portfolio diversification, and strategic planning also contribute to success. However, luck is also as important as it can influence short-term outcomes, such as timing the market or encountering unexpected market fluctuations. Nevertheless, a consistent success in the stock market usually relies more on talent like having the knowledge, and disciplined investment strategies rather than just luck alone.

making money from trading doesn't require much talent - auto invest in a low cost ETF that's proven to provide good returns. but if one put in extra effort to read & research, perhaps could earn even more first large loss is not the end of the world. learn from mistake & do better the next time. if large losses is repeated everytime, then make money by auto invest in a low cost ETF that's proven to provide good returns if one still make large losses while auto investing in a low cost ETF that's proven to provide good returns, then he  should wash himself with pomelo leaves bath to wash away the sui!

Making money from stock trading is both talent and luck. Does making money necessarily mean i have a talent for stock trading? No, the success is not a sufficient indicator of talent. Neither is it always my fault if a trade results in a loss. Stock markets are imperfect and inefficient. Finding those inefficiencies is very difficult. Even successful hedge fund managers who beat the market in something like 14 of 15 years can suddenly have their fund tanks on a bad investment. Thats why we must do our due diligence before each trade.

Do we investors act like gamblers? Investors are nice names to be called. But I acted more like gambler at some time. I will play big when my gut feel of a particular stock is increasing. But once it goes south, I will tell others that I am a long term investor by holding on. In order to make money in stocks, we must really set ourselves apart if we are long term investors or traders. With this in place, we may have less emotions to sell our loss making stocks easily

Making money requires both skill and luck. Major events that can move the market is beyond prediction and so is dependent on luck! @Universe宇宙 @Kaixiang @Success88 @HelenJanet @rL @SR050321 @SPOT_ON @Fenger1188 @DiAngel @AliceSam come join