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Trading Do you want to get 10 baggers?

Discussion in 'Shares' started by wdongli, 30th Nov, 2010.

  1. wdongli

    wdongli Well-Known Member

    Joined:
    31st Mar, 2010
    Posts:
    1,292
    Location:
    Perth
    All of us want to get a big winning such as 10 baggers. However what we want should be based on what we should do for what we want. We want to drive a car, right? We have to be a driver first before we could run cheerfully in the freeway. What if we don't do what we should? You should not be allowed to drive.

    We want to get 10 baggers and then we should know how to get 10 baggers and do the necessary education, training, and exercises to be drivers of our 10 baggers!

    1. Have the gut to get what others don't want

    2. Have buffer to get the falling knife effect to zero

    3. Have cash reserves and other fishes to get much more profit than the loss of the falling knifes under any conditions

    4. Have the gut to hold even you worry the profit could be eaten but you don't have the fact to see the shooting up is caused by wind or fads even they always play their parts.

    5. All need the understanding of the history and the underlying the reasons of the price movement in the past, and the future prospective with the deeply understanding of the black swans and the reflexive relationship among human, market, history, future, winds and cause, and then risk and chances.

    No easy money at all. The keyboard need to be clicked in a predesigned and acid-tested way!