You mean to say that the trader guy was lying about his $100k pa trading profits?
Don't get me wrong, I want people to trade especially in Singapore stocks because
sgx will get a cut. And I have 25 lots of
sgx shares.
I have yet to come across anyone who have consistently beaten the market through trading. People will boast about the big profits but kept very quiet when they are stuck or when they sold with big loss.
On the other hand, I know people who managed to bag multi-baggers, myself included, through buying good stocks and holding for the long term.
And I know if you are only able to make $100k profit, you are a small player who can only hope to catch the wave created by the big boys. Missed the wave or be on the wrong of the wave, and your $100k pa profits will be become losses.
Quote:
Originally Posted by Unregistered
You are naive. How old are you?
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