Being very curious about how you guys get profit from juz trading in singapore mkt?

I juz started trading a month ago. I find that the returns i got was so little.
Lots of singapore stock gain very little basis points, and always floating up and
down at that particular range. (like sideway trend).

Moreover minus off the transaction cost, i gain less than 100 bucks. (it so little
given the amount of money i invested eg. 3 stocks abt 10k each) Am i doing it
wrongly or what?

how much you guys gain in a month? or you guys trade for a longer period to see
for a bigger gain?
I need some serious advices on how you guys trade? as in how often you guys trade in and out, how to much to put in a stock. Basically how to profit in a month even after transactions cost??

"I juz started trading a month ago. I find that the returns i got was so little."

You are lucky that you have returns in your first month. I was not so lucky. I did
not see daylight on my first trade.

An I seeing impatience here? Am I seeing the human failure of wanting to make
money in a hurry?


"Lots of singapore stock gain very little basis points, and always floating up and
down at that particular range. (like sideway trend)."

This is how stocks/commodities/forex/bonds/properties/cars/country club/etc
prices behave most of the time. It is normal.


"Moreover minus off the transaction cost, i gain less than 100 bucks. (it so little
given the amount of money i invested eg. 3 stocks abt 10k each) Am i doing it
wrongly or what?"

This is why I ask above, "An I seeing impatience here? Am I seeing the human
failure of wanting quick money?"

Have you done your maths yet? Your approx numbers are S100 in the first month
with a capital of $10,000. My maths show me this annualised to 12% per annum.
Is this a good figure or a bad figure?


"how much you guys gain in a month?"
I think this is not relevant. This can lead to an unhealthy situation like, he earn
more than me, his house is bigger than mine, his car is bigger than mine, he has
more girlfriends than me, and so on.


"or you guys trade for a longer period to see for a bigger gain?"

This depend from individual to individual. It is a personal preference. How one
trades depend on one's individual makeup, one's upbringing, one's life experience,
and ultimately how much money one has burned in the market.


"I need some serious advices on how you guys trade? as in how often you guys
trade in and out, how to much to put in a stock."

Like the above, there is more than one winning method just like there is more
than one losing method. Over time, you will develop yor own preference. As to
how much to put in a stock, ask how much you want to lose if the stock gets
suspended. Find out about diversification, it pros and cons. Find out about risk
and money management. find out about risk of ruin. Find out about position sizing.


"Basically how to profit in a month even after transactions cost??"

12% p.a. on a capital of $10,000 is already very good.



I may not have answer you but I did. These may not be the answers you want
but I think they are. Maybe come back here and read these answers again after
a few years. Even though the answers will still be the same but they will be
different becuase by then you have more market experience, you have become
wiser.

It is a very long journey.

inferno:

CSK has provided a very good answer. I won't repeat what he said, but to add:

1. If you just started trading, please look at our index and you will know that we are in a bull run for the past months. The general market sentiment is bullish. DO think about what are you going to do when the bull has run its course.

2. You still feel that there Singapore stocks are floating up and down, that is because of the stocks you had selected. I am not saying that they are no good, but this is a fact. I am not saying those index stock are better for you, but that is somewhere you look at and ask why you did not choose those last month (PS: trading these now is a separate issue).

3. I agreed that Singapore stock market is less "kang ho" when compared to others where you can see huge fluctuation. But fluctuation cut both ways, you better be sure that it suit you. If you are new to this game, I think a slower market is actually better for beginner to learn. Too volatile, you will get shake out too soon.

4. Ah, yes everyone wish to see a super bull run. Whatever stock you buy today, tomorrow is already price + x. Believe me, this type of environment is NOT good for beginner. Reason is, this make beginner believe they are god, and they had mistaken bull market as their trading skill. I had seen too many people made this mistake and suffered when the bull eventually become a bear. They not only give back what they had gained, but more.

5. You asked a very personal question from everyone you barely know: "How much you guys gain in a month?" If someone answers "$100", or "$100,000", do you believe him? Do you think anyone will answer this trufully in a public forum?

I like to echo the last sentence CSK just said: it is a very long journey. I am not even sure that I am at the half way point after 18 years since I first touched a chart.

Thx for the replies.

Ya its true that i getting abit impatient. haha.

This is my 1st time in trading stock. I been doing quantitative researches on funds management for quite some time. So I thought given the amount of risks as compares to funds, stock trading should provide you more than what a fund should generate as there are more risk exposures. In the bull run, a fund might generate a 12%p.a return easily and you dun even have to manage it, moreover less risk as you are "purchasing a basket of stocks"

As regrads to how much you guys getting, my apolgies for asking too direct. "think it is a very sensitive qns" :lol: How abt sharing how many percent gain on your portfolio on a avg month? e.g 5% mthly

Hi,

What is your trading philosophy?

Year 2003, a trader started buying Singapore Blue Chips. Borrowed alot of money, sold his car, mortgage his house ... nearly bankrupted. Nearly but not quite so he made his millions and no longer trading. 1 shot 1 kill.

Another trading simsci, a scalper, has 20k in his account. Always maintain at 20k. Average monthly return 10k. In terms of percentage returns, its not a measly 12%, but will Market Wizards interview him?

A trader before Simex officially close the pit, made 5 bucks that year. Has good market feel but also lots of friends among order fillers.

A big bank, the few that consistently make loads of money thru trading. Recently got a big chunk of an China IPO. Others are jealous. Good trading or good relation or both?

What is "quantitative researches" ? I am scared of the word. People in the finance industry are very smart but too smart for the market.

There are many ways to rome, find your own way and walk your own pace?

"Quantitative" analysis basis looks at numbers. For fund management. We look at the drawdowns, returns, value add, information ratios etc.. compare with benchmark of the market. Do efficient frontier and correlation of several funds to get to a best portfolio.

Researchs basisly trying to find out fund mgrs strategies. Whether their strategies clash with one another. We dun wan mgrs to underperform for the same periods. Also try to find out macro aspect of the market, do Asset allocation etc

Although i am working in Asset Management Company, Well i find it is very different from trading. Fund management as the word implies "manage portfolios".

I am no trader. Just find investment a gd career for me. :P In order to lay a path for my future career, one got to start to trade and find out how it works. Earning an extra income is a bonus.

I believe there are many ways of trading.. I tot of a few.
1. trading short term. pull in and out when there are juz a few basis point gain. You gain a little but if you doing it for serveral stocks and the made money. I guess it might just works.
2. trading for mid term. Buy a stock, set a target to hit. Sell once it hit. "i feel it is a long process. And you must be very gd at pick the right stock."
3. Pick high yield stock and gain on dividends? (dunnoe it works or not, but i heard some ppl do that)
4. Pick severals stock of differents type. Create a portfolios of stocks that are negetatively correlated. (long term investment)

Above are my views about trading. Correct me if i am wrong. I am still noob in trading. Pls feel free to add on, i do wish to know more on how you guys trade.

Hi Inferno,

You know what you are doing.

I don't know any good ways to make money out of the market.
Such things can also be religious.
Either you believe it or you don't.

Someone who works with alpha, mean-variance stuffs,
will feel uncomfortable in the company of wavers, turtles and the likes.
It requires a leap of faith.
Is this what you are looking for?

Have faith in what you are doing.
End of the day,
accept the consequences.

All the best!