Do you know of someone who does trading for a living

cyke69sg

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i'm waiting for a crash to invest my dividends too. nowadays waiting for a crash is harder than waiting for ATH. crazy times
I waiting for big collapse not just crash. 1929. But won't happen. I am hedged for it though.
 

CanIsayNo

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what about.. not traders but those who buy a lot of dividend/distribution paying stocks/etfs? just draw out some of the distribution/dividend each month for personal consumption and re invest the rest? not really counted as trader but they have enough to just live off the dividends and distributions
 

Sen Sen

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If the person doing trading earned many $$$, must be very lucky & knowledgable on the markets..
 

cyke69sg

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what about.. not traders but those who buy a lot of dividend/distribution paying stocks/etfs? just draw out some of the distribution/dividend each month for personal consumption and re invest the rest? not really counted as trader but they have enough to just live off the dividends and distributions
That one is get rich slowly. Not worthy of mention.
 

Bad kids

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Have de... last year december... one auntie... buying and selling Tesla as overnite trading... then overnite Hamplang gone when Tesla collapsed to $250/-....

Now Tesla 东山再起。。。 maybe auntie will also...
 
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GoodEnergy

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Not me. CFO. Not a cent of intel to my name. Though I did tell her it "might" be a good buy.
I did not expect Jensen's blessing lol. I was roaring with laughter when I saw the news right before market opening yesterday. It was evil laughter.
luck is very important in life. you gave her hints, but she must take action and also she is lucky that intel went up due to jensen's blessing. i hope that cfo gives you a good treat
 

li9ht5peed

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I waiting for big collapse not just crash. 1929. But won't happen. I am hedged for it though.
crash happens with insufficient liquidity. check M1 money supply charts. america has 18.9 trillion dollars in M1 and it keeps growing. i doubt the great depression will ever repeat. more and more people will become millionaires. AI and robots mean the world doesn't need high fertility levels anymore. it's ok to be dink or single. so can you imagine what will happen when M1 keeps increasing and world population starts going down? for one, the gini efficient will approach 1. maximum income inequality. the poor will forever be poor. slaves even. that's why pap was forced to distribute cdc vouchers. social welfare cannot be ignored else riots might happen
 

rrr2015

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what about.. not traders but those who buy a lot of dividend/distribution paying stocks/etfs? just draw out some of the distribution/dividend each month for personal consumption and re invest the rest? not really counted as trader but they have enough to just live off the dividends and distributions
depends on objective, can invest for capital appreciation or passive income, dividends investors belongs to latter
 

cyke69sg

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crash happens with insufficient liquidity. check M1 money supply charts. america has 18.9 trillion dollars in M1 and it keeps growing. i doubt the great depression will ever repeat. more and more people will become millionaires. AI and robots mean the world doesn't need high fertility levels anymore. it's ok to be dink and single. so can you imagine what will happen when M1 keeps increasing and world population starts going down? for one, the gini efficient will approach 1. maximum income inequality. the poor will forever be poor. slaves even. that's why pap was forced to distribute cdc vouchers. social welfare cannot be ignored else riots might happen
Agree. Hence I am invested in stocks as well.
Have a bit of everything.
 

win_man

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investing is just gambling
traders are hardcore gamblers
long term holders are just traders on losing streak so no choice need to hold the bag

Why need to hold the bag. Just close entire portfolio, write off the losses and start from $0. i came across someone who did this and mentioned in the tele group :ROFLMAO:
 

Kum Jit Pow

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Do you know of any full time trader?

meaning the person only do trading and don’t work? Or do trading with a lepak part time job?

how’s the person doing? Did he or she huat or end up losing n have to go back to work
Many remisiers are doing their own trading nowadays. Most of the clients have gone online.
 
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