A short break

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I took a break from trading, investing and everything finance related for the past couple of weeks. The trading break was just at the time when the S&P and China stocks (like BABA) rallied like never before since the start of the trade war. Oh well... what have I missed.

Anyway, I have concluded that I do not have the psychology nor temperament for swing trading. Period.

My brief conclusion about investing after these few months is that...
We always miss the bigger picture and couldn't quite tell when bad news are actually good news for bargain buy instead of impending market big crash cos bad news tend to get amplified. (That's what made my regrettable sale of UMS and Silverlake.) Perhaps you would get a clearer idea of what I am talking about by reading this - Gradual Improvements Go Unnoticed.

"The fact that bad news is disseminated ten times as fast as positive news is one of the biggest reasons why it’s so difficult to just capture market returns."

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Comments

  1. Singapore Man of Leisure14/03/2019, 09:45

    Rainbow girl,

    I see you have gotten to know yourself better ;)

    That's what trading does to all of us. It forces us to confront our inner demons and the little lies we tell ourselves...


    Naughty girl! Doing what men do when we overseas - fall in love with any pretty face!

    Lucky you got the presence of mind to avoid the honey trap ;)


    Never let others take advantage of the holes in our hearts.

    ReplyDelete
    Replies
    1. Rainbow14/03/2019, 21:38

      Hi SMOL,

      Not 'fall in love' but was socializing and making friends LoL. Amongst making new friends, there are those that might come across as potential dates. So why not get to know each other better?

      Then like you have said - there are those who would take advantage of the holes in our hearts. There are tell-tale signs. Then as your favourite phrase goes - trust but verify. That's what I did. ;)

      Honey trap can be anywhere and NOT gender exclusive.

      Delete

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