Young Investor Discussion Thread.

MrSinkie95

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Any young investors or to-be investors here? Let's stay in this thread to discuss and learn the various info .
 

Darkzi0n

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Every once in a while will have such thread... But after awhile the thread usually dies down
 

Jedihan

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For young investors, it is best you read up a lot before you enter the high risk markets. I was 27 when I entered stock market. I made peanuts in the stock market. So, 28 entered CFD, 29 entered futures / forex.

End up lose 50+K. Finally closed wilmar CFD (which I held 3 years) last month at a 10K loss.

I am telling my story just to warn people not to jump to high risk too fast especially when you are young and rash.
 

MrSinkie95

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ya lor.. for me I'm using those simulator to try and practice yet. read and learn more during free time.
 

wahkao3

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For young investors, it is best you read up a lot before you enter the high risk markets. I was 27 when I entered stock market. I made peanuts in the stock market. So, 28 entered CFD, 29 entered futures / forex.

End up lose 50+K. Finally closed wilmar CFD (which I held 3 years) last month at a 10K loss.

I am telling my story just to warn people not to jump to high risk too fast especially when you are young and rash.
jin jia lat!!!! :eek:
what was your total portfolio??
 

Average

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I started with CFDs n forex, i think i lost thousands in 2-3yrs... haiz... now i invest in singapore blue chips. Those money damn wasted, can buy manymany shares now.

But when i started cfd n forex, i not 21yet, was using european broker. So no way to invest in sti counters also. That time sgx also min 1000perlot...

Sent from your next door using GAGT
 

Average

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But i still have faith in cfd n forex trading... one day i feel i got extra cash, sure will play play.

In specific, i like to trade WTI futures cfd and Usd pairs. Can double account in a night, very shiok. But usually i will loose all in next few days. Next time i will make it a point to withdraw once profit...

Sent from your next door using GAGT
 

disavowed

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Moi mostly buy sti, adopting value averaging strategy with long term horizon. Got nibble a bit of small caps and reits and entered keppel on its own also. I use scb for all my transactions
 

MrSinkie95

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I'm having internship now. tot of really starting to invest. Your got POSB Invest saver? Currently my portfolio only got CCT 600 shares
 

starfish.starfish

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But i still have faith in cfd n forex trading... one day i feel i got extra cash, sure will play play.

In specific, i like to trade WTI futures cfd and Usd pairs. Can double account in a night, very shiok. But usually i will loose all in next few days. Next time i will make it a point to withdraw once profit...

Sent from your next door using GAGT

Sounds like gambling mindset to me. Oh well u r young, can afford to lose...
 
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