Another side of the coin

[archonmage]

Extract from FB, original link is here, http://www.facebook.com/DennisNgKW/post ... 4776962011

Dennis:I want to thank City Development. Shorted the stock at S$10.689 and since last week it dropped by over S$1.50 to S$9.15...

Alex : Hi, Dennis. I am not too sure is it a wise choice to publish your winning trade. What is the objective of doing it, may I ask?

Dennis: Hi Alex, I seldom share my winning trade. What's the big fuss about this?

Alex : Hi, Dennis. Just my humble opinion, sharing of winning trade does not benefit anything at all. In most instances, being right on the market is an ego thing. On the receiver's end, it may cultivate greed as they want to replicate what you are doing and earn that extra bucks. Unlike yourself, will they have the sufficient knowledge to do it. It is nice of you to introduce them on the 1-day Trader's course conducted free by CMC markets. But I guess that you should know better, what would be the success rate for attendees?

Hi, Dennis.

I did not see your reply. Maybe you might have overlooked. Looking back, perhaps, I think the Dennis whom I known back then in 2005 is a better person.

Regards,
a.m.

[Dennis Ng]

Extract from FB, original link is here, http://www.facebook.com/DennisNgKW/post ... 4776962011

Dennis:I want to thank City Development. Shorted the stock at S$10.689 and since last week it dropped by over S$1.50 to S$9.15...

Alex : Hi, Dennis. I am not too sure is it a wise choice to publish your winning trade. What is the objective of doing it, may I ask?

Dennis: Hi Alex, I seldom share my winning trade. What's the big fuss about this?

Alex : Hi, Dennis. Just my humble opinion, sharing of winning trade does not benefit anything at all. In most instances, being right on the market is an ego thing. On the receiver's end, it may cultivate greed as they want to replicate what you are doing and earn that extra bucks. Unlike yourself, will they have the sufficient knowledge to do it. It is nice of you to introduce them on the 1-day Trader's course conducted free by CMC markets. But I guess that you should know better, what would be the success rate for attendees?

Hi, Dennis.

I did not see your reply. Maybe you might have overlooked. Looking back, perhaps, I think the Dennis whom I known back then in 2005 is a better person.

Regards,
a.m.

you can have all sort of opinion about me. Do you really know me?

I do NOT bother about others' opinion about me, my only guide is my conscience. And if this can change your view of me, then it is definitely your perogative to do/feel so.