Stocks Investing, Sharing of Experiences

Hi, fellow SHC members,

I would like to see similar interest members sharing there trading experiences here.  Hoping that we can benefit from each others experiences, be it good or bad but please by sure that its not going to be too personal and expect much HELP.

To start with, I am a trader with a local brokering house managing my own personal Fund only. My approach is Fundament and Technical Analysis. But mostly TA for the timing of my trading.

Invested thousands of $$$ on Investment Courses before doing Full Time as an independent Trader. If you are also a Trader, I am most happy to see if we can storm out some money making Strategy.

Author: Dennis Har

Semi-retired. My passion is in Sustainability in areas of Waste Mgst, Food Security, Vermicomposting, Upcycling of Bottles in Planter. Running a Senior's Lab for Seniors, Volunteers and Caregivers @Tata Consultancy Services Asia Pacific Pte Ltd (IT Consultancy Services) https://www.facebook.com/vDennisH

63 thoughts on “Stocks Investing, Sharing of Experiences”

  1. Hello Dennis, good to see you do a posting. We met once at an earlier investment gathering. Hope you lead, guide and help new participants make some pocket money for a start. How about that?

  2. Charles, nice to hear from you. I will do what I can, But I like to see it as a sharing group where everyone will participate. First I think the core group members must be identify and we can plan from there. Can I count you in and when we have the numbers. Then we call for a meeting.

    Charles can you elaborate a bit on the main area of interest in investment. Your approach to investments like Fundamental and/or Technical.

  4. 14th Derivatives World Singapore 2-3 October 2007

    Good seminar. Everybody serious about being independently finacial should try to attend.

    Here’s the schedule

    Day 1 – 02/10/2007

    Exchange round table – 09:30 until 10:15

    Commodity Markets – 10:15 until 11:00

    New commodity sectors – 11:20 until 12:00

    Energy, freight and OTC clearing – 12:00 until 12:45

    Asia’s brokerage houses – 14:00 until 14:45

    Arcades and proprietary trading – 14:45 until 15:30

    Property derivatives – 16:00 until 16:45

    Foreign Exchange – 16:45 until 17:30

    Day 2 – 03/10/2007

    Hedge funds – 09:15 until 10:00

    Hedge fund strategies – 10:00 until 10:45

    Algorithmic trading – 11:15 until 12:00

    Technology innovations – 12:00 until 12:45

    Accountancy and tax – 14:00 until 14:45

    Country focus: Dubai – 14:45 until 15:30

  5. I was at a cocktail the other day and someone asked me about retirement planning. So I went on about the impact of CPF to annuities before the drinks arrived.

    She then asked me a question which stumped me as nothing before. “When do you think they will announce the new changes?” After a sanity check, I replied that it is all over the news since National Day.

    It suddenly drawn on me that it is possible. Something so profoundly invasive in our lives can still pass through otherwise intelligent and articulate persons. Something like sunbathing by the beach after the third warning that a tsunami is imminent. Unreal and chilling.

    There must be something Freudian about this. We are surrounded by information and yet we can be totally unconcious of the fact. We can hear but we don’t listen; see and yet not perceive.

    BELIEVE IT OR NOT !

    (Moral of story – stick to chatting up pretty girls at cocktails. Focus on non-cerebral subjects. Otherwise the worst can happen. They start to call you “Uncle”.)

  7. KT, you should not have given her the incredulous look and the obvious answer. You should have asked her where she has been. It would be interesting to know.

    Perhaps, she could have been lost in the jungle, like the two French hikers who got lost in thick jungle and they survived for seven weeks by consuming turtle meat, big hairy spiders and river water. You could ask her what she ate to look so stunning.

    Or she could be like the 27-year old woman who went missing 19 years ago as an eight-year-old in the remote jungles of Cambodia. She reappeared speaking no intelligible language, like your pretty woman.

    Maybe you were distracted by her investable assets and didn’t know what else to ask. Anyway, her question is not important. What is important is that you got to go to a cocktail that we didn’t get to go to, and you had a babe sidle up to you in her plunging neckline, never mind if she didn’t speak in an intelligible language. Many times, action speaks louder than words.

  8. KT,

    Why let that stunning beauty upset you when, in all honesty, she seemed to know a little more than you & I in summation do.

    There’s this Committee of 15 appointed to study how to structure the mandatory annuity, and it has yet to convene its first mtg.

    So, that chio bu was quite correct to ask “when will they be announcing the changes?”

    Remember, in the good feudal days you must beat the drums b4 the charge of the light brigade. So, you need to get the small boys to wave their swimming trunks & jump into the sea to stir the waters b4 you give the greenlight to the tsunami attack. Elementary.

    So, you will hear a bit b4 you finally get the beat(ing).

    A steer-back to what this topic is.

    To me, in a bull market, every penny stock goes up; when the tide reverses, even blue chips get the chip to turn blue-black. Studies & analysis are to give you the satisfaction & consolation that the thousands you hv paid for the learning (instead of taking yr wife to europe like Terence is doing), is paying off………..

    Buffett, Soros dont attend class from day 1, do they?

  10. Yes, Dennis, I can see that.

    And with so many courses organised, there’re many more spending more.

    No, I aint saying that no benefit arises out of learning, whatever the learning is but the point remains, in financial trading, watch the tide. If it’s flowing, it’s up; if it’s ebbing, one will be battling in futility to fight the trend.

    Btw, I had a good wkend……..not bad, 123% returns over 2 days of others working for me.

  11. Tim, nice to know you. Care to share your 123% returns.

    You are right to say watch the tides, but we need some ways to measure this tide before a tsunami really attack us.

  12. Dennis,

    Trading in stocks & financial derivatives bring in good returns if one’s investment is relatively big, even better with the investment staying put over at least weeks.

    My investment in soccer is very short-term….over hours not exceeding a day, and advisedly, with small outlays (couple of hundreds).

    Say, in foreign leagues, I’ll look at whether the club is also involved in the more glamorous uefa cups, and if so, the club is unlikely to go all-out to win & risk injuries in a league match.

    It entails a lot of psychology & counter-psychology, made more complex when syndicates are involved.

    Portsmouth to clobber Reading 7-4 (when usually aggregate scores dont exceed 5 goals)…..that was where my big $ came from, altho, spreading my wager risk as a strategy, the rest of my bet tickets went to the bins.

    Back to yr stocks & shares.

    I think a cool head is needed (as in all investments) and a lot of reading the happenings around us, at home like the euphoria & good feel brouhht abt by IR, collective sales, and further away, at the Fed Reserve’s interest movements, first signs of financial troubles e.g. the bears stern premonition which many ignored……

    And always, if there’s money made, take profit first………..

  13. Tim, Tks for sharing. I like your approach to betting what you knows best. I am no soccer fan, so I would not appreciated much. Any way, still a big tks U.

    As regards to stocks & shares, my objective is to catch $500 to $1,000 every day for 20 days in a month with just 1 tick movement min. and if the tide is with me then more for the day (Bonus).

  14. Dennis, it was my pleasure.

    Netting btwn $500-$1k daily makes a very good catch…..and as we chat, the STI has hit the roof again………..but reckon it’s gonna be a roller coaster ride into the next year, with manageable down-side risk for now altho there’ll be some blips which might hit the un-sophisticated amateurs quite hard.

    Do pls continue yr sharing with the likes of KT & Ronalds who are very game in conventional financial tradings…………..cheers !

  15. Hi Dennisher,

    If you’ve a few people and ready for group discussion or sharing the joys and frustrations of investing in the Singapore Stock Market please contact me. I’ve attended courses, talks and reading books and trade only with my own savings and contented with small profits.
    Cheers, Alice Seah
    email: aliceseah693@gmail.com

  16. Alice Seach, nice to know that you had attended some courses. If you don’t mind can you just name the course or schools and see if we have some similarity.

    This may be a way to kick start some Special Interest Group (SIG).

  17. Tim, “the STI has hit the roof again…” with such tide coming, I got my catch this morning 1K and looking forward to further catches.

    Its a good start for my OCTOBER target and hopefully break my own July record.

  18. Great and I am happy for you.

    Happiness is never complete without a beer (or wait for Terence to come home, a whisky to wash down the brandy b4 we danz with the honeys).

    Heeee, so no running away when we meet……….

  19. Tim you are welcome, but I am not a drinker. Terence would not be back so soon what about KT any way tks for your luck I just got a second catch.

  20. Indeed, it’s discerning folks like you, KT……….who will if not already are, in the same league as Oei, Peter, and Gay among the local boys, who know how and when to make the hay while the sun rises.

    The beer can come anytime, and anytime is a good time……….and now I am looking at Spurs v Aston Villa.

    Cheers !

    tim

  22. Thanks, Dennis.

    I was spurred to go for spurs but the villa really looks a ton of beauty so, in a quandary, I threw a coin to decide but then the coin rolled into the manhole and I am presently working my guts out to retrieve it…………..

    Sure, we’ll meet at talentime if not earlier…..

  23. Dennis,
    $500 to 1k per day for 20 days per month is certainly a commendable target. If able to achieved consistently, many SHCs are ready to throw in the towel and join your investment group.
    Can you advise for this target, approximately what $capital is required and do we have to remain glued to the screen and keep awake overnight! , what basic technical competence to acquire.
    Thanks for leading the group and I look forward to the next meeting.

  24. Wow! Dennis,

    $500 to 1K per day is not a small amount.
    Averaging to about $15,000@ month.
    Better than working for some of us, I presume.
    Pls include me for the SIG, ok.

    Cheers

  25. charles & benson why not share some of your trading experiences, be it Stocks, Options or Forex. This way we may be able to see which direction to go.

    Alice Seah had attended courses, talks and read books and traded with some success.

    So let me had some ideas of your trading and I can try to accomodate as far as I can.

  26. charles, I am using 50K capital on a margin A/C with a 5 time gearing. This scheme is provided by Phillip Securities for their Pro-Trader Course.

    After graduation and Passed IBF modules 1 and 6 you can be their remisier or stay put as an idependant trader with special commission scheme and a small overhead.

    The trading style is up to individual, and most important is to match your own personality (Do not follow because every one has there own RISK level).

  27. benson, Average $15,000@ month is nice to achieve (Stress) but I am happy for the lower limit of $10k for now.

    Why I mention $500 to 1K is because my Trading QTY is usually 50 to 100 lots and min. flip is 0.005 for Structured Warrants.

  28. Don’t forget the financial seminar of the year opens today. That’s the gathering of all the high rolling babes. Happy Hunting.

    The 14th Derivatives World Singapore

    2 – 3 October 2007

    Raffles City Convention Centre, Singapore

    Day 1 – 02/10/2007

    Exchange round table – 09:30 until 10:15

    Commodity Markets – 10:15 until 11:00

    New commodity sectors – 11:20 until 12:00

    Energy, freight and OTC clearing – 12:00 until 12:45

    Asia’s brokerage houses – 14:00 until 14:45

    Arcades and proprietary trading – 14:45 until 15:30

    Property derivatives – 16:00 until 16:45

    Foreign Exchange – 16:45 until 17:30

    Day 2 – 03/10/2007

    Hedge funds – 09:15 until 10:00

    Hedge fund strategies – 10:00 until 10:45

    Algorithmic trading – 11:15 until 12:00

    Technology innovations – 12:00 until 12:45

    Accountancy and tax – 14:00 until 14:45

    Country focus: Dubai – 14:45 until 15:30

  29. Knn, tng kor liao…………..$210 worth of spools ticks into the bin, heeeee. Colleague who asked and got my conservative tips – both matches to draw – had a return of 320% in the 7 hours he was sleeping.

    Had I won – yes, a big “had I” – it wd hv been a whopping 2,200%….results were very close like 4-4 instead of 3-3, A-H instead of H-A, and 1st & last scorers in the reverse order.

    Nvm, tonite and more nites beckon…..

    Talking abt P Securities, probably the last shop still locally owned.

    Going back in time, SES then had 2 GMs. Choo P stayed on & continued to draw a salary while W Ming left to found PS and came out with the innovative Poems decades ago.

    CP has retired while WM is still very much in the prowl for bigger things.

  30. Dennis , thanks for your information.
    $50k capital with 5X gearing for a return of $10k per month is 4% per month or 48% per annum. Very attractive returns. What is the risk of loosing all the capital in a worst scenario?
    I have an internet account with kim eng for stock trading and another with Ifast for unit trust. So far, I have not been very structured in my approach and have no consistent strategy. Probably this is the reason why i have not seen too much success and am reluctant to scale up my investment.
    Dennis, is it a requirement to attend the IBF modules before one can trade on margins with Philip Securities? If no intention to become a remiser, do we still need to attend course, how long is the course and how much.? need to sit for test?

  31. Hi Dennis

    I follow with interest your thread and the comments therein. I dabble in stocks and have a margin acc. with POEMS as well as an internet acc. with Kim Eng. But like Charles, I do not have an established strategy, trading mostly on info, no TA at all. I did attend a seminar for the Phillips Pro-Trader program but did not follow up. Do keep me in the loop for your (SHC) investment group. I can attend meetings on most weekdays except Monday.

    Rgds.
    sb

  32. sbkhoo, Since u also attend Phillips Pro-Trader program. I would like to see is it the same and by Kenny Tan.

    Would u like to reply to charles Questions as of no. 30 Responses.

    Lets have more interactions. Tks.

  34. Hi Dennis and Charles

    I think there is a misunderstanding. I said in #31 that I attended a seminar. This seminar was to introduce the Pro-Trader program. It was a sort of briefing to interest people in the program and yes, the seminar was conducted by Mr Kenny Tan (if I recall). For Charles’ info, to be allowed into this program, you must first attend a course by Mr Tan and pass some exam, I believe. The course cost about $3-4K but if you take up the pro-trader program later, this cost will be waived. After attending the seminar I decided not to take the course because if you become a pro-trader, while there are benefits, I believe there are also some conditions. These included (1) you have to be at Phillips daily, so it is almost like working!!(2) you have to trade a certain minimum amount. These conditions put me off so I did not join. Correct me if I am wrong, Dennis, since you did join.

    sb

  35. sbkhoo, sorry for the misunderstanding. Yes you need to pay $4,000 for the course. It is not compulsory to sit for IBF. But if you passed the papers and join Phillip as a remisier, they will refund you back the course fee and examination fees.

    Yes they say that you need to achieve the minimium quota but so far its OK and you need to pay a monthlty fees of $300 (Hit Quota) and $500 without. The commission is also difference from the normal retail investor for Margin A/C.

    More details may be when we meet, I can furnish you and charles.

  36. Sounds very exciting. Let’s get together.

    Especially Charles @ #30. Is 48% pa a promise? If for real, you’ll rank amongst the “best of the best” in proprietary trading and hedge funds.

    Didn’t see anyone from SHC except Dennis at the Derivatives Conference @ Raffles City Convention.

    I had to protect him. He was nearly mobbed by vivacious ladies clamouring to talk to him. They had a high security meeting next hall. The swap team was nearly called in by the commotion that he caused.

    You missed the excitement!!

  37. If you miss Derivatives Conference @ Raffles City Convention then done miss the coming SMART EXPO on Sat/Sun.

    http://www.smartexpos.com
    Tel:65-92792894

    Charles @ #30 can you explain hold you derive at 48% pa. I have created an Equity Profit Curve. May be if I have the chance I can share with you.

  38. Ladies (and gentlemen),

    Please stand in line and take a ticket.

    I am Dennis’s self-appointed manager for his new-found pop status and cult fans.

    Do attend. SMART EXPO is free. It only costs to talk to Dennis. Discount to SHC members. We also have a special “Ladies Only Mentor Nite” concession.

    Hee-hee.

  39. thanks Dennis , BHKhoo and KtWong for sharing. What about all the other attendees of last investment meeting. Can we have your views, comments and your investment stories to tell!
    Once we have sufficient responses,and expressions of interest, we can ask Dennis to convene a meeting to progress matters.
    cheers

  40. Hi, I had joint the ProTrader program. After paying $4k, what I got most is get to know new friends with the same interest, like Dennis. During the course, I obtained a metastock software and start program some TA technics which I have learnt. I also signed up their home based remisier scheme. Beside to get back the $4K, I want to try it out for 2 years. Chinese saying ‘Without enter the tiger den you can’t get the tiger cubs’.

    I find trading is not simple, the biggest obstacle to clear is emotional and self discipline.

  41. ‘Without enter (sic) the tiger den you can’t get the tiger cubs’………

    Well, so you entered, so you got the tiger cubs and then what?

    Yr neighbours will scream their heads off, the AVA will come after you…….and life wont be quite the same again.

    Seriously, equity trading works on the basis of the last-fool game (and which investment isnt, really?).

    So when it’s a bull market, everything is a glow….any piece of info becomes a lead to buy even as the bubble is blown bigger and bigger………and then down the road, the bubble bursts on the face of the last fool, smashing all his teeth out as he carries the last bet on his back saddled with debts…….

  42. km123, so we get to work together in SHC also.

    I believe SHC will be a better place that the tigers den.

    If we have a good number of interested person in metastock can you do a demo on the benefits of using metastock. I will arrange for a Traders HUB with nice cosy ambients and snacks to go with your lovely show of the Power in using Metastock.

    Hopefully to be able to make some M in future.

  43. Charles @ #30, I must tks U for highlighting that CONSISTENCY is the KEY.

    After deliberate thinking and testing for the past few days, I am confidence that I can achieve it by modifying my strategy with a consistence profit taking plan (Money Management).

    Once again Tks U, Charles.

  45. link is @ #6 “Trading Necessities”,
    other Archives:
    Some Trading Necessities that are a MUST
    Technical Trading (Weekend Newsletter for Sept 29, 2007)
    Diversification and Money Management (Weekend Newsletter)
    Preparing Your Plan (Weekend Newsletter)
    Who Is Really Making Your Trading Decisions? (Weekend Newsletter)
    Should You Buy or Hold? Find Out Now…
    What You Think You Know (But Don’t) About Losses
    How Can You Actually Control Any Trade? Find Out Now…
    Covered Calls and Floating The Amazon in an Innertube
    Auto-Pilot Trading with Protective Puts or Trailing Stops
    What Does Bill Kraft Really Think?
    Whether To Trade Options (or Not)?
    How Should You Handle A Hot Tip?
    How Can You Evaluate Risk While Trading?
    20 Questions To Test Your Trading Knowledge
    Transition From Paper To Real Money Trading (Weekend Newsletter)
    The Hidden Secret Behind Realistic Expectancies
    Do You Know The Reasons To Trade?
    More On Brokers (Weekend Newsletter for March 17)
    Some Broker Problems & The Solutions
    Everyone Makes Mistakes (Weekend Newsletter)
    Exactly When To Cut Your Losses? (Weekend Newsletter)
    Stops and Whipsaws? (Weekend Newsletter)
    Do You Keep Records and Notes? (Be Honest)
    Are You Exiting Too Late? (Weekend Newsletter)
    Do Commissions Play A Role?
    Some Thoughts On Stop Losses
    Is There Really a Holy Grail of Trading or Not?
    Before You Trade Real Money Do This…
    Buying Long Term Options
    Do You Really Know Your Broker?
    The Truth About Investment Clubs: Exposed!
    Take Care Around Earnings Time
    Why Buy A Call Option?
    Have You Made Any of These Mistakes?
    What Do You Do With a Losing Trade?
    The Secrets of Exit and Entry Points
    Special Trading Strategies Review by Bill Kraft

  47. Hi Dennis,

    If you already have the numbers and are looking into a meeting date soon. Please keep me posted as I have attended a similar course focusing on Fundamental and TA inclusive of Top-down and bottom-up sector rotations approach. Consistency winnings strategy; calculated risk and 3M are the keys that I am still learning to master and discipline.

    Looking forward to the sharing.

  58. Tks all who had come for the Traders Talk by Alan Stevens. I hope you had benefitted
    from this event. Any suggestion for future events related to investment is most welcome.

    Regards,
    Dennis

  59. Dennis, thank you for organizing the event. I now understand myself better after listening to Alan Steven’s talk on the psychology of a trader. I enjoy his talk , his well constructed slides and his personal experiences. He is indeed a good choice. thanks again. Keep it up.
    cheers

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