Market continues to crash

li9ht5peed

li9ht5peed

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lovemyself123 said:
so from here will rocket up all the way?
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individual stocks can surge up to circuit breaker limits. the typical range is 0-5% daily
the next limit comes from monthly chart resistance levels. some stocks will retrace alot at monthly resistance levels, others will retrace just abit before bouncing back to reach an ATH. you have to examine the charts, market news, earnings report and dividend payout dates to decide. generally it takes a few months for a new ATH to be reached, so try to be invested before that happens and exit when ATH is reached or just before it reaches

that's for exit. then you need an entry plan. always aim to enter at support levels. boycott the stock if price is too high. set a limit buy at the lowest possible support level and go do something else. your entry opportunity arises only once a year. sometimes more sometimes less depending on the president in charge and global conflicts

you will also need an exit plan to convert back to SGD. always buy low sell high. aim to double your account every 12-24 months
 
tazzycorner

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tazzycorner

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AuraKUPO

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buttbERry said:
Song song buy more stocks
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It's pumping again in 24H. Later market open will shoot up more than 1% again. My prediction,these days just everyday green, there will be no red day this week. Listen carefully, I say my prediction again. There will not be a red day this week. This week will end in green green. Next week will break ATH 6500.

Of course if someone mouth big come and break the boat and spaceship, then I got nothing to say. But if there is no very bad news, this week will touch 6000 confirm
 
Dividends Warrior

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Jirachi said:
But you have a huge capital overall. Which we would even like to have it.
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Huge capital doesn't fall from the sky, my friend. Took me 15 years to build up. Requires lots of perseverance, patience and hard work. No pain, no gain. But most people want fast gains. Haters were laughing at me when I started in 2010. Heck, even today there are still people passing sarcastic remarks.
Now, I am enjoying the fruits of my labour. My overseas trips are all sponsored by dividends. ;)

My Very First Portfolio Update in 2010

 
eno_lc

eno_lc

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Dividends Warrior said:
Huge capital doesn't fall from the sky, my friend. Took me 15 years to build up. Requires lots of perseverance, patience and hard work. No pain, no gain. But most people want fast gains. Haters were laughing at me when I started in 2010. Heck, even today there are still people passing sarcastic remarks.
Now, I am enjoying the fruits of my labour. My overseas trips are all sponsored by dividends. ;)

My Very First Portfolio Update in 2010

Click to expand...

We have a stock expert right here in this very thread with win rate 99% and prediction rate 100%. He can easily build up a huge capital in one or two years :s42:
 
H

harbinger255

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Dividends Warrior said:
Huge capital doesn't fall from the sky, my friend. Took me 15 years to build up. Requires lots of perseverance, patience and hard work. No pain, no gain. But most people want fast gains. Haters were laughing at me when I started in 2010. Heck, even today there are still people passing sarcastic remarks.
Now, I am enjoying the fruits of my labour. My overseas trips are all sponsored by dividends. ;)

My Very First Portfolio Update in 2010

Click to expand...

Not trying to throw shade at your way but don't you feel a little lugi missing out on higher risk markets for capital gain during covid?

I've only started buying US stocks in 2021.... started with only 300k which I've got selling off my sg shares.... throw in a bit more here and there through the years.... now 2mil on top of a nearly paid up condo.... and from ppl around me, my returns are prolly just "decent", crypto millionaires aside even
 
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cyke69sg

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AuraKUPO said:
It's pumping again in 24H. Later market open will shoot up more than 1% again. My prediction,these days just everyday green, there will be no red day this week. Listen carefully, I say my prediction again. There will not be a red day this week. This week will end in green green. Next week will break ATH 6500.

Of course if someone mouth big come and break the boat and spaceship, then I got nothing to say. But if there is no very bad news, this week will touch 6000 confirm
Click to expand...
Next week ATH? Wow.
 
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Kapish

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li9ht5peed said:
individual stocks can surge up to circuit breaker limits. the typical range is 0-5% daily
the next limit comes from monthly chart resistance levels. some stocks will retrace alot at monthly resistance levels, others will retrace just abit before bouncing back to reach an ATH. you have to examine the charts, market news, earnings report and dividend payout dates to decide. generally it takes a few months for a new ATH to be reached, so try to be invested before that happens and exit when ATH is reached or just before it reaches

that's for exit. then you need an entry plan. always aim to enter at support levels. boycott the stock if price is too high. set a limit buy at the lowest possible support level and go do something else. your entry opportunity arises only once a year. sometimes more sometimes less depending on the president in charge and global conflicts

you will also need an exit plan to convert back to SGD. always buy low sell high. aim to double your account every 12-24 months
Click to expand...
why make it complicated ... for me i keep it simple ... price above 30 day moving average i buy

even hedge funds also have unofficial rule to buy when price above 50 day moving average

most important is the financials and earnings check out
 
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cyke69sg

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harbinger255 said:
Not trying to throw shade at your way but don't you feel a little lugi missing out on higher risk markets for capital gain during covid?

I've only started buying US stocks in 2021.... started with only 300k which I've got selling off my sg shares.... throw in a bit more here and there through the years.... now 2mil on top of a nearly paid up condo.... and from ppl around me, my returns are prolly just "decent", crypto millionaires aside even
Click to expand...
SG full of rich people.
That's why HDB $1m is cheap. COE $100k is bargain man.

Most of my friends all double digit millions at the minimum.

That's why I always laugh when people say cost of living in SG high what nonsense is that.

Remember that in SG 100% of capital gain is non taxable. Investment income also non taxable! Tax free money.
 
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harbinger255

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cyke69sg said:
SG full of rich people.
That's why HDB $1m is cheap. COE $100k is bargain man.

Most of my friends all double digit millions at the minimum.

That's why I always laugh when people say cost of living in SG high what nonsense is that.

Remember that in SG 100% of capital gain is non taxable. Investment income also non taxable! Tax free money.
Click to expand...
All relative mah.... if everybody is rich then nobody is rich
 
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