冷眼分享集 "投资者所犯的最大错误,是他相信自己可以应用各种既艰深,又复杂的方法去战胜股市,从而赚取暴利。实际上,这一类投资者,成功致富的少之又少,真正成功的反而是那些根据很简单的准则进行投资,而动作又很少的投资者。"
Wednesday, October 20, 2010
100% Cash Position Now
Market is hot. All the penny stocks in KLSE has been fried up. It seemed like DJI never beaten down . I couldnt find cheap stocks in KLSE and NYSE. BP is neither cheap anymore. So its time for me to go for holiday. Maybe will re-enter market when all the fund manager go for holiday.
Some might say i am silly for i am on 100% cash position now. You dont know me, what i want is minimum 40% return every trade, with little risk. So i am not trading on trend. I always want myself to think and act as a contrarian. This was because only the 10% of the people will survive and earn the 90% of money, i have the strong desire to make myself be the only 10%
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