Pak Rei, Minggu lalu saya nonton Suze Orman show di CNBC. Ada yang tanya mengenai investing style menurut umur. Kalo masih muda boleh ikutn high risk, kalo udah tua .. yang konservatif aja. Nah .. jawaban dia adalah ... dia nggak peduli dengan itu semua. As long as kita confort dengan apa yang kita lakukan .. just do it. Dan dia juga bilang ... Investing supposed to be fun ... jangan sampe nggak tidur gara-gara invest or trading. Agree pak ... santai aja ... :)
SSTrader-01 On Dec 17, 2007 9:36 AM, Rei <[EMAIL PROTECTED]> wrote: > Aiya...some say bearish, some say bullish. Some say hell, some say > heaven. NO ONE, I repeat, NO ONE knows what's gonna happen in the > future, i.e. 5 min from now or 5 days from now. They can only GUESS. > Stick to our trading plan is the best way. And don't trade or invest > if unsure, as Pak DE said trading should be fun (or was it someone > else?). Investing should be fun as well...no point putting in your > money into stock market and have yourself worry sick every single > second! It's just not worth it. > > > --- In obrolan-bandar@yahoogroups.com <obrolan-bandar%40yahoogroups.com>, > gdbrook <[EMAIL PROTECTED]> wrote: > > > > Try this.., only Buffett and Greenspan said US Economy in the edge > of > > recession, among all president's men in economic says no. > > Very minority. Supposed both of them are right, then how should we > think on > > JKSE ? > > gdbrook > > > > > > > > On Dec 16, 2007 11:32 PM, Dean Earwicker <[EMAIL PROTECTED]> > > wrote: > > > > > Bearish in mind? Good. I like when everybody think of bearish, > because > > > majority is usually *wrong*. You know, most of smart players out > there are > > > good CONTRARIANS. > > > > > > Successful trader is the one who masters the *herding game.* > Read the > > > article below, and you'll understand what it's about. Read it > real slow and > > > carefully. > > > * > > > After you read the article below, get a piece of paper and a > pencil, and > > > write down THREE of the most HATED and LOVED stocks. Whatever > you write, > > > these stocks are supposed to be NOT ON YOUR PORTFOLIO. > > > > > > Why? > > > > > > Love and hate are personal and sentimental. When you get > sentimental, you > > > will be irrational. When you get irrational, you lose. > > > > > > So go ahead, read the article :) > > > * > > > Regards, > > > DE > > > > > > > > > http://www.financialsense.com/Market/wood/2003/1024.html > > > > > > * > > > "The Majority is Usually Wrong"* > > > > > > At first it may be difficult to accept such a statement as fact. > So let us > > > pursue the subject a bit. Let us start by dividing the > population of this > > > planet into two groups, the minority and the majority. > > > > > > It would seem that only a minority of the people on this planet > have the > > > ability and ambition to study hard, to figure out ways to > accumulate wealth, > > > and to raise their standard of living. The majority are > apparently unable > > > or unwilling to acquire the knowledge and take the action which > would > > > enable them to do the same. > > > > > > Another difficulty of the majority is the herd instinct which > they follow. The > > > desire to go along with a large group is evident among people > and animals. This > > > is caused by the idea that there is safety in numbers – to think > and act > > > like the majority of other people. Anyone who dares to be > different from > > > the crowd is not considered to be "normal." > > > > > > One of the big troubles with modern society is the conformity of > ideas and > > > action. I call it the mediocrity of conformity. Many people are > actually > > > afraid to be different – to pursue unusual ideas. But the road > to success > > > is paved with unusual ideas, and traveled by unusual people who > dare to be > > > different. In our modern society it frequently pays to be > unusual and > > > different. > > > > > > Another trouble with the majority is that they have a tendency > to believe > > > what they are told, especially if something is repeated > frequently. The > > > majority find it is easier to accept the statements of others > than to think > > > for themselves. > > > > > > The minority, who do not believe what they are told, must put > forth > > > intensive effort in their search for truth and knowledge. > Sometimes the > > > quest for knowledge is like sailing on an uncharted sea with > nothing to > > > guide you except the facts you learn as you go along. The > success of your > > > voyage depends on how well you can separate facts from fantasy, > how well you > > > can analyze the facts you discover, and how well you use them to > reach the > > > right conclusions. > > > > > > In the stock market, the majority are inclined to believe what > they are > > > told in the form of tips, rumors and advice. The minority > believe only > > > what they know to be facts, and then reach their own conclusions > by > > > analyzing those facts. > > > > > > Still another weakness of the majority is their disbelief in > change. Most > > > people do not expect or prepare for changes in the status quo. > They > > > believe that things will continue indefinitely just as they are > right now. When > > > the stock market goes up, the majority expect it to continue > going up > > > indefinitely. They do not bother to think about the time when > the market > > > will change its course and turn downward. > > > > > > At the same time, the minority know that change is inevitable, > and they > > > are looking ahead, trying to figure how to tell when the market > makes the > > > change, and planning what actions they will take at that time. > The > > > minority know that every bull market has been followed by a bear > market, and > > > that every bear market had been followed by a bull market. The > successful > > > investor must possess a mind which is flexible enough to accept > changing > > > conditions. > > > > > > The majority of investors are almost paralyzed by their > opinions, because > > > it is difficult to change an opinion which is well established. > When a > > > person has a definite opinion, there is the danger that he might > not be able > > > to change it until too late to take the proper action. > > > > > > Almost everybody tries to form an opinion of the market. Many > investors > > > are constantly gathering information to help them form the > correct opinion. As > > > the opinion forms, the investor subconsciously becomes more > receptive to > > > the ideas, which help to substantiate his opinion. > > > > > > There are always plenty of arguments for both sides of a case. > Since the > > > equal acceptance of arguments from both sides would result in > frustrating > > > confusion, a person must choose which to accept. Frequently a > person > > > accepts the arguments which support his own opinion, and he > ignores the > > > opposite side of the case. It is human nature to do so. Many > people > > > actively consider and publicize only the arguments which will > support their > > > opinions. The process is called rationalization. > > > > > > The majority seem to have an uncanny ability to buy near the top > of a bull > > > market, and sell near the bottom of a bear market. Apparently > that is the > > > way things must be, otherwise who would the minority sell their > stocks to > > > near the top – and who would they buy stocks from near the > bottom? > > > > > > One should try to think and act like the minority, for there is > little > > > hope for the success of the majority. There is not enough room > at the top > > > for the majority. > > > > > > Realizing that the majority is usually wrong in their action > near the tops > > > of bull markets and the bottoms of bear markets, I looked for > ways to > > > recognize majority action at those points I also looked for a > way of > > > timing the contrary action to be taken at those points. It would > not be > > > enough just to recognize when the majority was wrong. One must > also > > > recognize exactly when the majority was wrong enough to take the > contrary > > > action. > > > > > > The words above are not mine. This was a quote from *The Haller > Theory of > > > Stock Market Trends* 1965, by Gilbert Haller. Recently, I have > been > > > showing you a few charts on advancing volume and advancing > issues. I > > > referred to this as market fuel. Mr. Haller's work only > recently became > > > known to me by one of my old time technical friends. He > suggested that I > > > read Mr. Haller's book. What I found in this book served to > reinforce > > > what I have been sharing with you over the last few weeks about > the lack of > > > confirmation from upside volume and advancing issues. As it > turns out, > > > Mr. Haller's work was solidly based on the use of volume and > > > advancing-declining issues. Mr. Haller used these indicators to > show him > > > when the market was under distribution as is now the case. My > point here > > > is that in spite of all the hype from mainstream and popular > public opinion > > > the underlying volume and advance-decline work is telling us > something else > > > and now does not appear to be a time to be in alignment with the > majority. > > > Given that Mr. Haller's work was based on what I have recently > been > > > presenting to you as "Market Fuel" plus the fact that I > currently have a > > > contrary opinion on the market I felt that the above quote was > appropriate. > > > I hope that you are able to find some value in it. > > > > > > > > > > > > > >
