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Trading Turbulent & uncertainties, risks & opportunities, & unconventional thinking

Discussion in 'Shares' started by wdongli, 13th Dec, 2010.

  1. wdongli

    wdongli Well-Known Member

    Joined:
    31st Mar, 2010
    Posts:
    1,292
    Location:
    Perth
    We have to know the world has been changed by Technology completely.

    Were you lived in a remote farm where the newspaper would be in your hand three days later? Did you punch 0 or 1 on the magnetic tape as an Engineer? Have you felt the pressure to update your skills day and night but still could not know where next your job should be?
    ...
    To many participants and too much information, and too many unreliable sources, cause many risk events are unknown and perhaps unknowable. All of workers are united by the internet but also are pushed at some mad status.
    ...
    Knowing the changes and the effects deeply enough is very important to the market players. In somewhat extend, you have to be active about your investment, get the risk intelligence, and keep cool minds.
    ...
    Some said it was because someone are greedy and policy makers fail to do properly. You could not say they are wrong but feel just over-simplified. Everyone could over-simplify everything but as market players you could not.

    We need some unconventional thinking. Have you seen GFC acted just as the wildfire to burn the money which put for buying and holding or speculation or gambling?

    Could we play in the market to take the right risks for good enough profit in the time horizon we want? What time horizon could be optimum to ourselves?

    Put some thoughts about this change in wdongli - Member Blogs
     
  2. wdongli

    wdongli Well-Known Member

    Joined:
    31st Mar, 2010
    Posts:
    1,292
    Location:
    Perth
    Work hard, most right, few vital wipes all!

    Most of market players really work very hard: they read for knowledge, analyze the data, judge, and make decision.

    But most of market players do fail to get profit if they don't burn the money on the fire in the last 10 years. Why?

    1. they might have read the wrong books from the wrong people or just hypothesis without reality test. True knowledge is powerful but false ones just lead you into the hell or traps!

    2. they could get the rubbish data and take them as gems from the great intelligent agents or they just fail to check the credibility and verify the data before they use or they just fail to analyze properly and get the wrong conclusion.

    3. they might don't know how to analyze the data and then don't have good rules and principles to judge while they just want to use the data which support their assumption before the judgment

    4. they might do all right but just could not get the gut to get the decision right when they should. They just stick to what their judgment for too long and get the wrong time to put the money into the market or sell for wrong reasons.

    They might fail to know themselves or too greedy and fearful when the whole market are so!

    Good things usually are similar but failure could be very different in reasons.